Important for shareholders as the Ontario project doesn't seem to have much traction.
"DISCOVERY HARBOUR RESOURCES CORP.: DRILLING PROGRAM INITIATED AT THE 2BAR PROJECT - NEVADA
Discovery Harbour Resources Corp. has entered into a contract with Marcus & Marcus Drilling Company of Idaho and has initiated a drilling program at the 2BAR project in Nevada. Drilling will begin on or before October 31, 2014 after all equipment has been moved into the site. As described below, the primary mineral commodity targets, as envisioned from all field work and trenching to date, are copper and silver +/- gold, occurring in a manto-style depositional environment.
The objective of this phase of drilling is to test the projected down dip and strike extensions of the two zones (the Upper Zone and the Lower Zone) hosting the mineralization exposed at surface in outcrop and by trenching. (See DHR press release dated July 16, 2014). Road access over a distance of approximately 23 miles has been improved to allow for ingress and egress from the site. At present, DHR's budget will allow for approximately 1,000 feet of drilling during this phase of the program. Due to the relatively shallow dips, as measured at surface, this amount of footage should enable approximately four to seven holes to be drilled. We expect drilling will be completed two weeks after initiation.
All drill core will be logged on site, transported to, then processed and analyzed by ALS Global in Reno, Nevada. Assay results will be reported in detail when ALS has finalized all drill core samples. We anticipate that date to be before the end of November.
Bruno Hegner, President & CEO of the Company states: "I am confident we will succeed in intersecting the mineralized zones at depth with the majority of the drilling and anticipate that we will see grades and thicknesses maintain and possibly exceed the values and widths present at the surface. The apparent tabular nature of the mineralized zones and our ability to expand the areal extent of the zones (at depth and along strike) will serve well to assist in determining the viability of the project as well as give a more accurate view of potential sizes and grades. We are seeing evidence of supergene copper-silver +/- gold enrichment where these two zones strike under younger cover rocks. This drilling will also be testing for the presence of this enrichment. Further, I am also confident that our reconnaissance investigations of the outlying soils anomaly areas will confirm new mineralized horizons within the same host rocks, at distances up to 3 miles from the outcropping mineralization. Additionally, a soil anomaly with a porphyry style geochemical signature was discovered within our claims. It contains coincident copper-gold-molybdenum-tin geochemical responses and will also be followed up with reconnaissance mapping and rock sampling.
2BAR has the earmarks of an excellent asset for the Company. Our hypothesis for the apparent stratabound style of mineralization, our main focus at this time, with its brecciated Jurassic host rocks and structural environment, the batholithic-scale mafic intrusive complex in the subsurface (Humboldt Intrusive Complex) all support a manto-type deposit model. Economic deposits of this type reside within the Coastal Cordilleran region of the Americas."
The analysis of the samples will be performed at ALS Global using standard preparations for rock samples. All samples will be analyzed using ALS Global's aqua regia and weak acid digestion, code # ME-MS41L (51 element). All core samples will be logged onsite, halved (cut), collected, bagged, labeled and hand-delivered to ALS in Reno through a secure chain of custody process which is overseen and directed by DHR's professional staff and consultants.
Michael J. Senn, a licensed professional geologist, is the Qualified Person for Discovery Harbour Resources as described in National Instrument 43-101 and has reviewed and approved the technical contents of this release."
Recent DHR News
- Curiox Biosystems and Beckman Coulter Life Sciences Announce a Partnership Combining C-FREE™ Technology with DURA Innovations for Hands-Free Washed Sample Preparation for Flow Cytometry • PR Newswire (US) • 05/03/2024 01:06:00 PM
- Danaher Reports First Quarter 2024 Results • PR Newswire (US) • 04/23/2024 10:00:00 AM
- Danaher Schedules First Quarter 2024 Earnings Conference Call • PR Newswire (US) • 03/21/2024 08:15:00 PM
- Danaher to Present at TD Cowen Health Care Conference • PR Newswire (US) • 02/27/2024 09:15:00 PM
- Danaher Commits to Set Science-Based, Net-Zero Greenhouse Gas Emission Reduction Targets • PR Newswire (US) • 02/22/2024 09:15:00 PM
- Danaher Announces Quarterly Dividend • PR Newswire (US) • 02/21/2024 09:15:00 PM
- Danaher Launches Collaboration with Cincinnati Children's Hospital Medical Center Aiming to Improve Patient Safety in Early Drug Development • PR Newswire (US) • 02/05/2024 12:30:00 PM
- Danaher Reports Fourth Quarter and Full Year 2023 Results • PR Newswire (US) • 01/30/2024 11:00:00 AM
- Danaher, Jennifer Doudna, and Innovative Genomics Institute Launch Danaher-IGI Beacon for CRISPR Cures with Aim to Address Hundreds of Diseases Using Gene-editing Platform Solution • PR Newswire (US) • 01/09/2024 12:30:00 PM
- Danaher Says 4Q Adjusted. Revenue to Fall by Less Than Forecast • Dow Jones News • 01/08/2024 09:57:00 PM
- Danaher CEO to Comment on Financial Performance • PR Newswire (US) • 01/08/2024 09:15:00 PM
- Danaher to Present at J.P. Morgan Healthcare Conference • PR Newswire (US) • 01/02/2024 10:00:00 PM
- Danaher Schedules Fourth Quarter 2023 Earnings Conference Call • PR Newswire (US) • 12/21/2023 09:30:00 PM
- Codexis and Aldevron Enter Exclusive Licensing Agreement for Codex® HiCap RNA Polymerase • GlobeNewswire Inc. • 12/13/2023 09:06:00 PM
- Danaher Completes Acquisition of Abcam • PR Newswire (US) • 12/06/2023 12:30:00 PM
- Danaher Cuts Quarterly Dividend to 24 Cents • Dow Jones News • 12/05/2023 10:14:00 PM
- Danaher Announces Quarterly Dividend • PR Newswire (US) • 12/05/2023 09:30:00 PM
- Danaher to Present at Evercore ISI HealthCONx Conference • PR Newswire (US) • 11/21/2023 09:15:00 PM
- Danaher on Track for Largest Percent Increase in Almost a Year -- Data Talk • Dow Jones News • 11/21/2023 07:22:00 PM
- Danaher appoints Christopher Riley to Executive Vice President for Biotechnology • PR Newswire (US) • 10/31/2023 11:30:00 AM
- Danaher 3Q Earnings, Sales Decline but Beat Estimates • Dow Jones News • 10/24/2023 10:41:00 AM
- Danaher Reports Third Quarter 2023 Results • PR Newswire (US) • 10/24/2023 10:00:00 AM
- Keep An Eye Out: Pre-Market Movers And Analyst Recommendations • IH Market News • 10/17/2023 10:34:10 AM
- Danaher Corporation Completes Separation of Veralto Corporation • PR Newswire (US) • 09/30/2023 12:00:00 PM
- Veralto Set to Join S&P 500; Vestis to Join S&P MidCap 400; Others to Join S&P SmallCap 600 • PR Newswire (US) • 09/28/2023 10:17:00 PM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM