Announcement Date: 2022-11-14
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Paycore Minerals Inc.
Project name: FAD
Location: United States
Commodities: Gold,Silver,Lead,Zinc
Highlight: Drilling results incl. 14.8m at 7.1g/t Au, 376.3g/t Ag, 10.3% Pb, 6.3% Zn from 738.8m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: TORONTO, Nov. 14, 2022 /CNW/ – Paycore Minerals Inc. (TSXV: CORE) (“Paycore” or the “Company”) is pleased to announce exploration drilling results from the Company’s 100%-owned FAD Property located on the Battle Mountain-Eureka Gold Belt in Nevada, USA. Drilling in the South-East Lobe has already proven the lateral extension of the mineralization at FAD to be over 400 metres in length, and up to 400 metres wide. Hole PC22-08A is a 200-metre step-out from the historical resource and drilled into the new South-East Lobe. This hole intersected the South-East Lobe 47 meters North-Northwest and down-dip of hole GH21-02 and 65 meters North and down-dip of hole PC22-07 (figure 1 below). The base metal grades in hole 08A include a combined lead-zinc grade of 16.6% and 376 g/t silver which are among the highest grade holes drilled to-date. Additionally, the gold mineralization in the carbonate replacement deposit “CRD” is believed to be associated with the large Carlin-style deposit located adjacent to the FAD deposit and could potentially contribute to the higher overall
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