Wednesday 26th October 2016

Resource Clips

Mega Precious reports Ontario Assays of 0.82 g/t Gold over 51m

Resource Clips - essential news on junior gold mining and junior silver miningMega Precious Metals Inc TSXV:MGP announced results from the East My-Ritt Property of its North Madsen Project in the Red Lake Camp of northwest Ontario. Assays include

0.82 g/t gold over 51 metres
(including 1.14 g/t over 25 metres)
4.99 g/t over 4 metres
(including 60.81 g/t over 0.3 metres)
1.3 g/t over 10 metres
1.8 g/t over 7.2 metres
(including 26.11 g/t over 0.3 metres)

President/CEO Jim Rogers commented, “Mega is committed to finding and making mines. Red Lake and the North Madsen area have a rich history of underground mining. Mega’s approach to unlock the economic potential of the North Madsen Project is to compile and analyze the drilling and historic mining done throughout the years. I believe that when one steps back and considers the advances in mining technology, large-scale equipment and improvements to milling, metallurgy and recovery, the North Madsen property is very comparable to districts where open-pit mining is commonplace.”

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Jim Rogers

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by Greg Klein

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