Kerr Mines Inc (KER): Cashed-up junior Kerr Mines (CN:KER) say...

Reply Private New

Next 10 Prev Next

Send PM Follow Ignore

Followers	20
Posts	7168
Boards Moderated	0
Alias Born	03/02/2013

goldenpolarbear

Re: NYBob post# 96

Wednesday, 01/17/2018 8:59:33 PM

Wednesday, January 17, 2018 8:59:33 PM

Cashed-up junior Kerr Mines (CN:KER) says it has expanded the mineralised extent of the Footwall Zone at its Copperstone gold-copper project in Arizona ahead of an imminent production decision for the previously-mined project.

http://www.mining-journal.com/discovery/news/1310842/kerr-expands-mineralisation-copperstone

“... Kerr has said a new resource and prefeasibility study were also on track for completion this quarter.

The company said the latest results from Phase I surface drilling extended the mineralised zone of the Footwall Zone by 255%, and discovered a new, separate Footwall mineralised zone with 105m of strike and 240m of dip.

Among the highlights, a 36.6m interval grading 7.5g/t gold and 0.26% copper also included 7.6m at 31.2g/t gold and 3m at 74.9g/t.

President Martin Kostuik described the mineralisation increase and discovery as "an amazing step" towards increasing shareholder value....”