sur HM Exploration (CVE:HM)
HM Exploration Finds Promising Mineralization in Newfoundland Project
HM Exploration Corp. has announced significant assay results from its initial drilling phase at the Lewis Pilley's Project in Newfoundland. Seven of twelve drill holes revealed substantial polymetallic mineralization, particularly in copper (Cu), zinc (Zn), and silver (Ag). Notable intervals include 23 meters containing 1.21% Cu, 1.67% Zn, and 10.67 g/t Ag. Another section yielded a high-grade interval of 2.45% Cu within the lower sulphide lens.
CEO Nick Rodway highlighted the potential for project expansion, with upcoming downhole and ground electromagnetic (EM) surveys to guide the second phase of drilling. The ongoing assessment of the mineralized system aims to enhance understanding of geological controls and further potential.
The project underscores the promise of HM Exploration's base and precious metals strategy, with pending assays from the additional drill holes poised to inform future exploration efforts.
R. E.
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