viewEastern Zinc Corp.

Eastern Zinc says initial drilling at Portage project confirms presence of zinc and lead

The company drilled a pair of holes to test the depth and strike potential of area around the Upper Road Zone

Zinc ingot
Portage is part of a portfolio of mineral properties owned by Eastern Zinc and located in the Bathurst Mining Camp, one of the most prolific base metal mining districts in Canada

Eastern Zinc Corp (CSE:EZNC) (OTCMKTS:ETZCF) announced results Wednesday from a pair of diamond drill holes on its Portage property in the Bathurst Mining Camp (BMC) of New Brunswick, which confirmed the presence of zinc and lead. 

The two holes were designed to test the depth and strike potential 40 metres below and 400 metres to the north, respectively, of the Upper Road Zone volcanogenic massive sulphide (VMS) occurrence discovered by a previous operator in 2018.

In terms of highlights, one hole showed 1.3% zinc and lead over 2.2 metres including 5.6% zinc and lead over an interval of 0.3 metres. The hole also showed 1.1% zinc and lead over 5.7 metres. 

The other hole housed 1.5% zinc and lead over 5.5 metres, including 2.6% zinc and lead over 1.2 metres. There was also an intercept of 0.5 metres at 1.9% zinc and lead.

“These positive drilling results from our initial Portage drilling program have confirmed the presence of zinc and lead mineralization at relatively shallow depths and continue to be an indication of VMS-style sulphide mineralization in the Upper Road Zone,” CEO Paul Ténière said in a statement.

“These results will help determine future sites for drilling on the Portage claims and expand our understanding of potential VMS mineralization across our other mineral claims in the Bathurst Mining Camp.”

The Portage drilling program is supported in part by a $40,000 grant under the New Brunswick Junior Mining Assistance Program, the company said in a statement. 

Portage is part of a portfolio of mineral properties owned by Eastern Zinc and located in the BMC, one of the most prolific base metal mining districts in Canada. 

Contact Andrew Kessel at [email protected] 

Follow him on Twitter @andrew_kessel

Quick facts: Eastern Zinc Corp.

Price: 0.035 CAD

Market: CSE
Market Cap: $2.37 m

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