Mining News: News Nuggets: Palmer road construction begins

Constantine Metal Resources Ltd. Sept. 13 provided an update on work programs at the Palmer project in Southeast Alaska, including the start of constructing a road to access the property’s Glacier Creek deposit. “A road to the mineral resource at Palmer is a major advancement for the project. It improves our ability to conduct ongoing exploration, environmental and geotechnical work, reduces dependency on helicopters, and enhances the safety of our employees,” said Constantine President and CEO Garfield MacVeigh. “It also highlights the excellent location and access of the project, which is 40 miles by paved highway and logging road to the deep-sea port town of Haines.” The 2016 exploration at Palmer included four reconnaissance exploration holes. Highlights from this drilling include a geologically significant 20.5-meter thick zone of chert and semi-massive pyrite intersected at the CAP prospect. Similar mineralization encountered at the South Wall and RW zones of the Glacier Creek deposit, which is located 2,500 meters to the northeast, transitioned to high-grade massive sulfide. Additionally, analysis by an independent structural geologist has provided new insight into the direction and sense of displacement of fault structures identified in the 2015 down-dip resource drilling that intersect and offset the lowermost portion of the South Wall zone. The work included review of the fault and adjacent rocks in drill core and on surface, and has produced new drill targets to test for extensions of the deposit. Mapping and sampling programs were completed at several areas throughout the property with the objective of advancing prospects to the drill stage. Results of this work will be summarized following receipt of assays.

-Shane Lasley

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