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Zinc

Margaux is targeting lead-zinc at the Jersey Mine.

The Jersey Mine historically produced 8 million tonnes of lead-zinc mineralization, at a combined grade of 5.8% lead + zinc.  Mining was from a near continuous zone of mineralization that extended for 1800 m by 600 m.  Mineralization consists of multiple metre-scale horizons of flat-lying stratabound mineralization hosted within lower Cambrian Laib Formation dolomite and limestone.  Historically mined areas of lead-zinc mineralization ranged up to 30 m in true thickness.

A 43-101 compliant lead-zinc resource exists for the Jersey property and Margaux is actively exploring for lead-zinc mineralization to expand this resource.  Highlights from the 2016 drill program include:

 

 

HoleID

From_m

To_m

Interval_m

Pb %

Zn %

E1604

8.80

10.46

1.66

0.06%

1.53%

           

E1605

3.66

6.03

2.37

3.30%

1.90%

including

3.66

3.94

0.28

27.57%

10.65%

and

8.03

11.07

3.04

0.53%

4.50%

including 

10.24

10.82

0.58

220

9.76%

 

10.82

11.07

0.25

6.38%

10.8%

 

 

The company has also completed an extensive program of surface and underground surveying, data entry and QA/QC work to verify historical drill and underground information, in preparation for an updated resource estimate.

Zones of zinc, lead, and silver mineralization discovered by Margaux’s 2016 surface work program on the Jersey property that require follow-up include:

New Vein Discovery – Pickwick area, Dodger East

7.9 % Zn, 22.6% Pb, 646 ppm Ag (grab sample)

New Zn Skarn Discovery – Nevada Mountain

7.6% Zn, 0.44% Cu, 0.26% W, 6.2 ppm Ag (grab sample)

Untested Tungsten King Pb-Zn Skarn Showing, Jersey south

11.6% Zn, 12.8% Pb, 228 g/t Ag, 0.48 g/t Au (grab sample)

 

Zinc Resources

 

 

 

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The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this website. Statements in this presentation other than purely historical information including statements relating to the Company's future plans and objectives or expected results, are forward-looking statements. This website contains certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company's business, including risks inherent in resource exploration and development. As a result, actual results might vary materially from those described in this website. Readers should verify any & all claims and do their due diligence before investing in any securities mentioned. Investing in securities is speculative and carries a high degree of risk.
Linda Caron , P.Eng., VP Exploration  is a “Qualified Person” as defined under NI 43-101 has reviewed and approved the technical content of this website