Merc International Minerals Inc TSXV:MRK announced results from its Indin Lake Gold Project in the Northwest Territories. Highlights include 6.08 g/t gold over 16.9 metres (including 22.07 g/t over 3.4 metres), 2.29 g/t over 37 metres (including 4.2 g/t over 16.5 metres), 16.36 g/t over 4.8 metres (including 122.5 g/t over 0.5 metres) and 14.03 g/t over 3.2 metres (including 40.9 g/t over 0.5 metres).
President/CEO David Wiley remarked, “These drill results move Merc one step closer to being able to define an ore body within a mineralized corridor spanning at least 10 kilometres. We have stepped out a considerable distance from the Phase I collars and intersected new zones containing parallel veins of substantial widths to previously known mineralization. Furthermore, the intersection of mineralization at the historic #3 Deposit advances Merc’s belief that the Diversified and North Inca deposits are part of the same structure and are connected along strike. In the coming weeks we will continue to report additional drill assays as they are received, while our technical team works to update geological models and interpret the results.”
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by Greg Klein