Friday 21st October 2016

Resource Clips

INV reports Namibia Assays of 18.6 g/t Silver, 1.1% Copper over 10m

INV Metals Inc TSX:INV announced results from the Okohongo Target of its Kaoko Property in northwestern Namibia. Assays include 0.8% copper and 14.9 g/t silver over 6 metres, 1.1% copper and 18.6 g/t silver over 10 metres (including 1.6% copper and 27.1 g/t silver over 4 metres), 1.8% copper and 40.6 g/t silver over 31 metres (including 2.8% copper and 67.7 g/t silver over 15 metres), and 2.5% copper and 42.7 g/t silver over 5 metres.

CEO Robert Bell said, “The second phase drill results at Okohongo are very encouraging and indicate that this near-surface deposit hosts copper-silver mineralization that extends over 600 metres in strike length and up to 400 metres down dip, including a thicker, high-grade zone over at least 200 metres of strike. The mineralization appears to be open both along strike and at depth. The company plans to commence a 2,800-metre drill program at Okohongo in April to further delineate the deposit, assess the viability of preparing an initial inferred resource and to provide material for preliminary metallurgical testing. The potential for additional, proximate, high-grade copper-silver deposits in similar geological environments is substantial. In addition to the Okohongo drilling, an aggressive two drill program will commence in April at the Oruvandjai target.”

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Candace MacGibbon

or Robert Bell

by Ted Niles

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