PacificOre Mining Corp. (TSXV:PC,OTCQX:APAFF,FWB:NWN) and its subsidiary Prestige Mining Corporation announced details of the first planned drill program on the Lac Dore Vanadium-Iron-Titanium project.
As quoted in the press release:
The first goal is to drill six holes which will be set up close to six of the historic holes in order to confirm the geological and mineralogical context as well as the thickness and grade of the mineralization intersected in the past. It is anticipated that this “twinning” process would also permit PacificOre/Prestige to qualify previous non-compliant NI 43-101 resources calculated by Allard and Girard (1998) and SNC-Lavalin (2003). It is expected that those resources will then qualify to be classified as Indicated and Measured Mineral Resources.
The second goal is to confirm the extension at depth of the mineralized zones and to fill some gaps in the previous historic drilling pattern. A minimum of 10 holes have been planned for this purpose. It is expected that these holes will lead to an increase in the tonnage of the resources and will bring a large part of them to the Measured Mineral Resource and some of them in the Mineral Reserve category.
A total of 16 drill holes have been planned for a total length of 3,200 metres. All casings will be left in place for possible future extension of the holes or deviation testing.