Thursday 29th September 2016

Resource Clips



Heatherdale, Niblack report Alaska Assays of 302 g/t Silver, 13.57 g/t Gold over 8.2m

Resource Clips - essential news on junior gold mining and junior silver miningHeatherdale Resources Ltd TSXV:HTR in joint venture with Niblack Mineral Development Inc TSXV:NIB announced assays from the Niblack VMS project in southeast Alaska. Results include

13.57 g/t gold, 302 g/t silver, 4.66% copper and 15.26% zinc over 8.2 metres
5.54 g/t gold, 126 g/t silver, 2.54% copper and 10.96% zinc over 13.6 metres
5.68 g/t gold, 141 g/t silver, 4.6% copper and 10% zinc over 10.9 metres

Heatherdale has a 60% interest in the Niblack project—which will increase to 100% after its friendly takeover of Niblack is completed—and is the project operator. Heatherdale President and CEO Pat Smith stated, “The 10 delineation holes drilled from underground in the Lookout Zone have reaffirmed the robustness of the mineralization at Niblack. Drill core collected from this program will also be utilized to advance our understanding of the project metallurgy, and support engineering studies toward completion of a prefeasibility study. The additional data and information received from these drill holes will be incorporated into a new resource estimate that will be completed shortly. I am extremely pleased with the results of the 10 exploration holes – three of which were drilled from underground and seven from surface. These holes are confirming the excellent potential of the stratigraphy that hosts mineralization at Niblack, and have validated the application of the new geological interpretation.”

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Read More about Heatherdale Resources

Contact:
Heatherdale Resources Ltd
Investor Services
604.684.6365

or Niblack Mineral Development Inc
Brian Budd
Director of Corporate Development
604.697.2861

by Ted Niles

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