Constantine drills 6.9 metres of 7.08%zinc, 2.1%copper at Palmer, Alaska

Constantine Metal Resources Ltd.[CEM-TSXV; CNSNF-OTCQX] offered a summary of the summertime field activities and offered assay arises from its 2021 drill program at the Palmer joint endeavor job, Alaska. Palmer is a joint endeavor in between Constantine (about 46.6%) and Dowa Metals & Mining Co. Ltd. (about 53.4%) with Constantine as operator.

Two diamond drill rigs were set in motion to the Palmer home in early June to finish approximately 6,000 metres of drilling directed towards infill drilling the down-dip presumed South Wall copper-zinc-silver-gold resource, expedition drilling to check out for the fault balanced out of the thick South Wall deposit, and geotechnical and ecological drilling to support the organized underground expedition program and offer info needed to advance the job to expediency.

Drill specialist staffing concerns and low drill efficiency triggered the business to refocus the prepared multipurpose drilling program to guarantee that the geotechnical and ecological elements of the drill program were finished. An overall of 8 diamond drill holes for an overall of 2,917 metres were drilled.

Two drill holes (1,230 metres) were finished on the lower South Wall zone as resource infill and hydrological details holes. The South Wall zone consists of an Indicated Mineral Resource of 4.68 million tonnes grading 5.23%zinc, 1.49%copper, 30.0 g/t silver and 0.30 g/t gold and an Inferred Mineral Resource of 5.34 million tonnes grading 5.20%zinc, 0.96%copper, 29.2 g/t silver and 0.28 g/t gold.

Drill hole CMR21-143 B checked the lower part of the South Wall presumed mineral resource and converged the mineralized horizon in between 451.2 and 511.7 metres downhole with zones of semi-massive to enormous sulphides and barite periods. Hole CMR21-143 B returned 36.9 metres of 2.16%zinc, 0.16%%copper, 16.68 g/t silver and 0.09 g/t gold in addition to 6.9 metres of 7.08%zinc, 2.10%copper, 40.57 g/t silver and 0.42 g/t gold, consisting of 3.7 metres of 10.71%zinc, 2.81%copper, 56.11 g/t silver and 0.62 g/t gold.

CMR21-144, the 2nd infill drill hole, converged chert and footwall stringer mineralization in close distance to the Kudo fault. Assay outcomes are pending. Real width is approximated to be 75-80%of reported width.

The fieldwork has actually been finished for the season and the drilling devices has actually been demobilized. Ecological tracking and information collection will continue through the fall and winter.

Dowa Metals & Mining funded the 2021 work program with an authorized budget plan of US$ 8.8-million which will lead to some dilution of Constantine’s interest in the task.

A program of surface area resource upgrade drilling and expedition drilling at the Palmer deposit (South Wall/RW zones) and the AG deposit is being thought about while the underground preparation work and underground advancement work occurs from 2022 through2024 The extra surface area and underground geological, geotechnical and hydrological info for the duration 2022 through 2024 will offer the needed information for allowing and feasibility-level research studies that identify future job advancement.

Palmer is a top-quality volcanogenic huge sulphide/sulphate (VMS) task found in seaside southeast Alaska with roadway gain access to and within 60 km of the year-round deep-sea port of Haines.

In September, 2019, Constantine effectively drew out its gold properties into HighGold Mining Inc.[HIGH-TSXV] that consisted of the top-quality Johnson task in south-central Alaska and the Munro-Croesus gold residential or commercial property, renowned for its top-quality mineralization in the Timmins location, Ontario.