Prize Mining Corporation (TSXV:PRZ) has announced the formal commencement of the initial diamond drill program on its wholly owned Manto Negro copper project in Coahuila State, Mexico and phase II drilling on the Toughnut gold-silver properties in southeastern British Columbia.
President and CEO of Prize Mining, Michael McPhie said:
“This first phase of diamond drilling at Manto Negro will provide us with an opportunity to confirm the width and depth of these exceptionally high-grade copper and silver surface oxide deposits. At Toughnut, we are eager to follow up on previous work by Prize and others that has indicated the presence of a significant gold system.”
According to the release, at Manto Negro, diamond drilling is focused on the deposit areas known as El Granizo and Pilar Grande. The drill program will consist of approximately 3,000 metres in 30 holes, divided equally between the two areas. This first drill program is designed to provide a good understanding of the style, grade and continuity of the copper mineralization and lay the foundation for follow-up drilling to define a resource.
Click here to read the full Prize Mining (TSXV:PRZ) press release.
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