Niblack Mineral Development Inc NIB:CA in joint venture with Heatherdale Resources Ltd HDR:CA announced assay results from the Niblack VMS Project in southeast Alaska. Highlights include 1.49 g/t gold, 2.12% copper, 30 g/t silver over 8.7 metres, 4.51 g/t gold, 2.64% copper, 43 g/t silver over 3.9 metres, 3.25 g/t gold, 2.04% copper, 90 g/t silver over 1.5 metres, 1.94 g/t gold, 1.26% copper, 38 g/t silver over 18.5 metres and 2.98 g/t gold, 1.47% copper, 60 g/t silver over 20.1 metres. Heatherdale has a right to earn up to a 70% interest in the Niblack Project and is the project operator.
Niblack President/CEO John Williamson said, “These new results continue to validate the geological team’s understanding of the nature of this strongly mineralized precious metals enhanced system and strengthen our belief that Niblack, with its stacked sulphide horizons, will support a high-grade underground mine in future.”
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Niblack Mineral Development Inc
Director, Corporate Development
by Ted Niles