ConstantineMetal Resources Ltd. said July 6 that the 2016 drill program at itsPalmercopper-zinc-silver-gold project in Alaska has started, funded by its project partnerDowa Metals & Mining Co.Ltd. under Dowa's US$3.7 million budget for the project this year.
This year's exploration program started with the drilling ofseveral high-quality volcanogenic massive sulfide targets outboard of theproject's known mineral deposit.
Targets of the first phase 1,700-meter drill program includean untested zone of intense VMS footwall-style alteration about 1,000 meters onstrike and east of the project's mineral resource, the depth and extensions ofthe silver-rich massive barite sulfide mineralization at the Cap prospect and astrong conductor anomaly identified by the company's geophysical surveys in2015.
According to Constantine President and CEO GarfieldMacVeigh, the exploration drilling will be carried out in parallel withadvanced exploration work focused on evaluating the high-grade RW and SouthWall resources that are open to expansion in multiple directions.
The 2016 field program will also include environmental,hydrogeology and engineering studies to support the ongoing evaluation of theinferred mineral resource required for the next steps to advance the project.This year's work program also includes road construction and the completion ofseveral geotechnical drill holes.