VANCOUVER, BC, Sept. 1, 2020 /CNW/ – Boreal Metals Corp. (“Boreal” or the “Firm“) (TSXV: BMX) is happy to announce ongoing exploration on its 100% owned silver-zinc-lead-gold Gumsberg Venture positioned within the Bergslagen Province of Southern Sweden. Boreal is conducting soil sampling on the previous producing Fredriksson Mine (21,000 tonnes grading 53 g/t silver, 5.13% zinc, and 1.7% lead from a take a look at pit; and 45,000 tonnes grading 49 g/t silver, 5.77% zinc and 1.84% lead underground) as a part of an ongoing initiative to advance the goal to drill testing (Determine 1).
“The Fredriksson Mine comprises silver-zinc mineralization paying homage to Damaged Hill-type Pb-Zn-Ag (BHT) deposits, named after the Damaged Hill Deposit, the biggest accumulation of Pb-Zn-Ag on Earth1,2″, acknowledged Patricio Varas, Chairman and CEO of Boreal. “Boreal is dedicated to advancing Fredriksson to drill testing as a major step ahead for the Firm and is a part of a broader technique to conduct exploration drilling in three important areas with previous manufacturing together with Ostra Silvberg, Vallberget-Loberget and Fredriksson.”
Soil Survey Parameters and Evaluation
A complete of 112 soil samples colleced at 15-25 centimetres under the natural horizon throughout Three take a look at traces with a mean pattern station spacing of 15 metres and a mean line spacing of 100 metres. Soil samples are analyzed by moveable x-ray fluorescence (XRF) and by ALS Scandinavia AB for Ionic Leach (ME-MS23) and Leach PH (pH-MS23). A replica pattern was collected each 20 samples. Blind geochemical requirements weren’t integrated into the orientation survey.
About Fredriksson Gruva (Fredriksson Mine)
Fredriksson Gruva was found in 1976 by LKAB Prospektering AB. Exploration was carried out in 1976 and 1977 together with floor trenching, sampling and 9 diamond drill holes which recognized valuable metallic enriched base metallic mineralization. In 1977, AB Statsgruvor (ABS) acquired the Fredrikssongruvan prospect and carried out open pit take a look at mining in 1978. Take a look at mining was carried out to a depth of 20 metres under floor and produced 21,500 tonnes grading 53 g/t silver, 5.13% zinc and 1.7% lead, and to a depth of 20 metres 19783. A complete of 11 extra holes have been drilled in 1979 to check the down plunge extent of mineralization. Between 1980 and 1981 mining activites resumed and an underground tram was put in. A complete of 45,000 extra tonnes grading 49 g/t silver, 5.77% zinc and 1.84% lead have been produced from workings that stretch to a depth of 91 metres (four underground ranges)2. Additionally throughout this era, four holes have been drilled and a core relogging progam was accomplished. As well as, floor trenching and a magnetic gephysical survey was accomplished. Boreal staked the Fredriksson Gruva prospect as half of a bigger staking acquisition (Gumsberg nr 9) in March 2017. This licence is refered to as “Gumsberg West” and types the western half of the extremely potential Gumsberg Venture.
1Comparisons to the Damaged Hill Deposit are strictly for functions of building deposit fashions and should not indicative of mineralization hosted on the Firm’s property.
2Spry, P.G., Teale, G.S., and Steadman, J.A., 2009, Classification of Damaged Hill-type Pb-Zn-Ag deposits: A refinement. Eos Transactions AGU, v. 90 (22), Joint Meeting Complement, Summary, V21A-01
3Edberg, L., and Flood, B., 1982. Rapport Grb 262 SLUTRAPPORT FRAN DIAMANTBORRNINGARNA VID FREDRIKSSONGRUVAN (GYLLINGEN) 1981/1982© Sveriges geologiska undersökning (SGU) (Geological Survey of Sweden)
About Boreal Metals Corp.
Boreal is a mineral exploration firm centered on the invention of silver, zinc, copper and gold deposits in distinctive, historic mining mission areas spanning Sweden and Norway. The Firm goals to find new financial mineral deposits in identified mining districts which have seen little or no fashionable exploration methods. The Firm is led by skilled board, administration and technical groups, every with profitable monitor data in mineral discovery, mining growth and financing.
Certified Particular person
Daniel MacNeil, P.Geo, a Certified Particular person as outlined by Nationwide Instrument 43-101 Requirements of Disclosure for Mineral Initiatives, has learn and authorized all technical and scientific data contained on this information launch. Mr. MacNeil is Vice President Exploration for Boreal.
On behalf of Boreal Metals Corp.
Patricio Varas, Chairman and CEO
Neither TSX Enterprise Trade nor its Regulation Companies Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Trade) accepts duty for the adequacy or accuracy of this launch.
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