MONTREAL, QUEBEC (FRANKFURT: N6M) ("Normabec" or "the Company"), through its wholly owned Mexican subsidiary Minera Real Bonanza S.A. de C.V. ("MRB"), is pleased to announce additional high grade silver and base metal results from its on going surface and underground drilling programs on the Veta Madre structure at the Real de Catorce Silver project in north-central Mexico.

High grade intersections continue to be generated from both surface and underground drilling as highlighted by hole VMP-18, which returned 1,014 g/t Ag, 2.31 % Pb and 1.82 % Zn over 4.50 m; VMP-17, which returns 351 g/t over 5.40 m and hole VMS-12 which intersected 550 g/t Ag over 5.05 m.

Underground Drilling:

The results below (in tabular form), relate to the ongoing drilling program that is being carried out to delineate the depth extension of the Purisima oreshoot. This portion of the Veta Madre structure carries bonanza grade silver as well as important base metal credits. The drilling zone is located below historical mine workings, and confirms the extension of the silver mineralization below the water table and at depth.


---------------------------------------------------------------------------
DRILL      FROM      TO   WIDTH    Ag     Cu     Pb     Zn         COMMENTS
HOLE          m       m       m   ppm      %      %      %
---------------------------------------------------------------------------
VMP 17    55.00   56.90    1.90   178   0.04   0.25   0.12     Refugio vein
          201.4   206.8    5.40   351   0.03   0.34    0.3       Veta Madre

VMP-18   127.78  133.36    5.58   234   0.02   1.36   1.74     Refugio vein
                                                               Hanging wall
         156.20  157.50    1.30   188  0.024   0.94   1.04             vein
         242.65  247.15    4.50 1,014   0.17   2.31   1.82       Veta Madre
---------------------------------------------------------------------------

In addition to the Veta Madre intercepts, drilling along the Purisima depth extension is yielding significant results from the Refugio vein as well as other footwall and hanging wall veins to the Veta Madre.

Lower baser metal results from hole VMP-17 are indicative of its position right at water table. VMP-18 was oriented to intersect the structure 50 metres below the water table which correlates to the higher base metal assays in this hole. It should also be noted that these holes are the westernmost intercepts released to date on the Purisima oreshoot. The oreshoot remains wide open to the west and at depth.

Surface Drilling:

Systematic surface drilling of the Veta Madre structure continues to yield the expected silver grade mineralization. In-fill drilling is being performed at 40-50m spacing, from surface down to the 150 metre level approximately. The following table shows the latest results obtained from surface drilling along a productive portion of the Veta Madre structure.


----------------------------------------------------------------------
DRILL      FROM      TO  WIDTH    Ag     Cu     Pb     Zn     COMMENTS
HOLE          m       m      m   ppm      %      %      %
----------------------------------------------------------------------
VMS-12    50.50   55.55   5.05   550   0.03   0.19   0.14   Veta Madre

VMS-23   116.75  124.55   7.80   242   0.03   0.10   0.06   Veta Madre

VMS-25   162.75  166.60   3.85   139   0.04   0.13   0.12   Veta Madre
----------------------------------------------------------------------

Hole VMS-23 is the westernmost hole drilled from surface on Veta Madre to date. Once again, mineralization is wide open to the west and at depth. On the other hand, VMS-12 is the easternmost intercept from surface released to date. The mineralized structure remains wide open to the east as well.

Mr. Robert Ayotte, President of Normabec commented that, "we are very pleased with the results achieved during this phase of drilling at Real de Catorce. These results only add to our confidence that the systematic exploration program we are undertaking will return Real de Catorce to the prolific mining district it once was."

Further, the company has retained Micon International Limited to undertake a 43-101 compliant preliminary resource calculation, and expects that this report will be available by mid-summer.

Samples were prepared and assayed at Chemex Lab of Guadalajara, Mexico. Methods used are Au-ICP21 for gold and ME-ICP41 for multi elements including silver. Detection limits for Ag are 0.2 - 100 ppm. Silver values higher than 100 ppm are submitted to method AG-AA46 consisting of aqua regia digestion with ICP-AES or AA finish (up to 1,500 ppm Ag). QAQC was performed using two silver standards and one blank being introduced alternatively (every 25 samples). Duplicates are being performed by the laboratory.

This press release was reviewed and approved by Pierre O'Dowd, geologist and qualified person as defined by NI 43-101 of the Canadian Securities Administrators.

Normabec is a junior mining exploration company with a portfolio of advanced projects including: the Pitt Gold project in Quebec and Real de Catorce Silver project in Mexico.

The TSX Venture Exchange has neither approved nor disapproved the contents of this press release.

Contacts: Normabec Mining Resources Ltd. Robert Ayotte President 450-441-9177 info@normabec.com www.normabec.com Normabec Mining Resources Ltd. Louis Morin Director of Investor Relations 514-591-3988 louis.morin@normabec.com

Normabec Mining Resources Com Npv (TSXV:NMB)
Gráfico Histórico do Ativo
De Mai 2024 até Jun 2024 Click aqui para mais gráficos Normabec Mining Resources Com Npv.
Normabec Mining Resources Com Npv (TSXV:NMB)
Gráfico Histórico do Ativo
De Jun 2023 até Jun 2024 Click aqui para mais gráficos Normabec Mining Resources Com Npv.