on Quartz Mountain Resources Ltd. (isin : CA74773L3011)
Quartz Mountain Unveils High-Grade Au-Ag Discovery at Maestro Project in British Columbia
Quartz Mountain Resources Ltd. has disclosed a significant discovery at its Maestro property, located north of Houston, BC, with promising assay results from two diamond drill holes. These results have revealed a considerable new gold and silver (Au-Ag) system potentially connected to the nearby Lone Pine Mo-Cu porphyry deposit. One of the highlighted drill intersections includes 102 meters grading 2.22 g/t Au and 104 g/t Ag, indicating a high-grade lode within a broader, extensive epithermal Au-Ag system.
Bob Dickinson, Chairman of Quartz, expressed that the initial findings from the drilling exceed expectations and suggest a complex mineralization history. He emphasized the relevance of Maestro to Canada's metal-mining sector, noting its location in a region known for responsible resource development. Dickinson also hinted at the project's potential to attract transaction partners, bolstered by positive market sentiment for the involved commodities.
The discovery, supported by historical drill results and recent findings, opens up potential for both high-grade underground and bulk tonnage mineralization. The Prodigy target's west-most intersection remains open for further exploration, suggesting expansive growth prospects. Quartz's exploration efforts signal a promising advancement in identifying valuable metal resources in British Columbia.
R. E.
Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all Quartz Mountain Resources Ltd. news