Constantine posts drilling results for base metals project

Base metals junior miner Constantine Metal Resources posted some results for the 2010 drilling program at its Palmer copper-zinc-gold-silver rich volcanogenic massive sulphide project. The area hosts a 4.12 million tonnes inferred resource grading 2.01% copper, 4.79% zinc, 0.30 g/t gold and 31 g/t silver in southeast Alaska with good logistics, 60 kilometers away from the Haines port.

Ten holes were conduced and the best results were returned by the following holes:

- CMR10-40 hole, that intersected ore grading an average 1.03% copper, 5.01% zinc, 0.14 g/t gold and 11.3 g/t silver.
- CMR 10-39 hole, that intersected ore grading an average 1.10% copper, 4.52% zinc, 0.13 g/t gold and 24.8 g/t silver, and
- CMR10-38 hole, that intersected ore grading an average 0.70% copper, 6.51% zinc, 1.02% lead, 0.39 g/t gold, and 89.7 g/t silver.

Preliminary surface geophysical data has identified several zones of high conductivity in areas considered to have high potential for massive sulphide mineralization at Palmer.