Precious Metals
Casa Minerals (TSXV:CASA) Completes Phase 1 Drilling at Congress Gold Deposit in Arizona
Casa Minerals (TSXV:CASA) has announced the completion of the first phase of diamond drilling at the Congress gold deposit totalling 6,828 feet in the…
Casa Minerals (TSXV:CASA) has announced the completion of the first phase of diamond drilling at the Congress gold deposit totalling 6,828 feet in the Martinez Mining District, Arizona. The company’s drilling intersected newly discovered vein structures and the known and formerly productive Congress and Niagara veins. This drilling phase aimed to improve historic data and generate updated information on the geology and mineralization of the gold-bearing structures at the Congress Gold Mine.
As expected, some distinct veining structures were found along with previously recorded veins. Now that the veins have been mapped, measured, and sampled to be assayed, the data can be used in future resource evaluation. A Registered Professional Geologist guided the company’s HQ diamond drill program and supervised operations. They also assumed custody of the drill cores and managed the core processing and sampling throughout the program.
Samples are not being analyzed at an ISO-9000 certified commercial analytical laboratory, with expected results to be released after receipt and confirmation.
Casa Minerals president and CEO Mr. Farshad Shirvani commented in a press release: “We are very encouraged by the completion of this first phase of drilling. The Company’s objective is to advance the Congress Mine with multi-stage exploration and development programs. This initial drilling advances Casa toward re-establishing the Congress Gold Mine as a potentially producing gold mine once again.”
| Hole | East (m) | North (m) | Elev. (m) | Azimuth | Inclination | Length (ft) | Remarks |
| CGC-001 | 329060 | 3786521 | 1023 | 0 | -90 | 498 | 3 veins recorded: longest vein core length is 13 ft. |
| CGC-002 | 329068 | 3786529 | 1023 | 225 | -50 | 245 | 3 veins recorded: longest vein core length is 20 ft. |
| CGC-003 | 329217 | 3786324 | 1045 | 0 | -90 | 757 | 1 vein recorded with 27 ft. |
| CGC-004 | 329217 | 3786326 | 1045 | 225 | -50 | 420 | 2 veins recorded: longest vein core length is 40 ft. |
| CGC-005 | 329370 | 3786165 | 1100 | 0 | -90 | 1,197 | 12 veins recorded: longest vein core length is 16 ft. |
| CGC-006 | 329372 | 3786160 | 1099 | 270 | -50 | 483 | 1 vein recorded with 28 ft. |
| CGC-007 | 329920 | 3786384 | 1070 | 0 | -90 | 928 | 5 veins recorded: longest vein core length is 26 ft. |
| CGC-008 | 329920 | 3786386 | 1070 | 160 | -50 | 750 | 6 veins recorded: longest vein core length is 33 ft. |
| CGC-009 | 329850 | 3786182 | 1045 | 0 | -90 | 800 | 18 veins recorded: longest vein core length is 80 ft. |
| CGC-010 | 329850 | 3786184 | 1045 | 190 | -50 | 750 | 5 veins recorded: longest vein core length is 29 ft. |
Table 1: Drill hole location and details.
The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a licensed professional for investment advice. The author is not an insider or shareholder of any of the companies mentioned above.
The post Casa Minerals (TSXV:CASA) Completes Phase 1 Drilling at Congress Gold Deposit in Arizona appeared first on MiningFeeds.
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