Issue link: http://resourceworld.uberflip.com/i/1078872
F E B R U A R Y / M A R C H 2 0 1 9 www.resourceworld.com 55 MINING Mountjoy, Ogden, Robb, Price, and Turnbull Townships immediately surround- ing Timmins. All of the project's claims are accessible by paved or secondary roads, bush trails, or foot paths. Work at Faymar led to underground development and limited production from 1935 to 1941. In fact, past production from the Timmins Project is limited to the Faymar Mine which from 1940 to 1942 totaled 21,851 ounces of gold from ore grading 0.18 oz/ton. More recently, most of the claims comprising the project were explored on a more continuous basis from 2006 to 2017 by Claim Post. Since acquiring the project, Central Timmins has completed the analyses and interpretation of MMI geochemical samples collected in late 2017, carried out a geologi - cal compilation of Mountjoy Township, and re-interpreted results of ground geophys- ics completed historically on a portion of its claims in Deloro Township. Previous work by Claim Post included airborne and ground geophysics, MMI geochemical sampling and diamond drilling to test min - eralized zones defined historically and to verify airborne geophysical anomalies. Based on the re-interpretation of his- torical exploration, targets have been identified on each of the four main target areas: Four Corners, Mountjoy, Ogden and Deloro. The company grossed approxi- mately $1 million via a non-brokered private placement of flow-through shares in December to finance the work. In late October, Central Timmins reported that it had engaged a drilling con - tractor for an initial 5,000-metre diamond drill program scheduled for completion in Q1 2019. Initial drilling will focus on an area where historic drilling completed by Dictore Porcupine Gold Mines in 1939 intersected 45 metres averaging 2.7 g/t gold in three distinct zones in a 220-metre drill hole. Historical intersection assays included: 2.2 g/t gold over 11 metres, 1.8 g/t over 12 metres and 3.3 g/t over 22 metres. Each of the intersections also had one or more high-grade intersections ranging from a low of 6.3 g/t to 21.9 g/t gold all with 1.5- metre assay lengths. An analysis of the company's entire 6,000-sample MMI data base has generated 20 targets spread over the four Timmins Project areas. Central Timmins CEO, Charles Gryba, comments, "I am excited at the prospect of starting our exploration program on our four projects within the 77 km 2 Timmins property package. Twinning the Dictore DDH #5 hole is very exciting as the histor- ically defined gold mineralization started some 80 metres below surface." "The next nine drill targets are a com- bination of a minimum of three layers of positive exploration data. For example, a MMI geochem anomaly matched to air- borne magnetic or E/M anomaly plus E/M, IP or Magnetic ground geophysical data to confirm the drill setup location," he adds. n info @digitechprinting.ca FULL SERVICE PRINTING FLYERS & BROCHURES MENU PRINTING DOCUMENT PRINT & COPY SIGNS P FLAGS TRADE SHOW DISPLAYS VEHICLE GRAPHICS BLUEPRINTS DESIGN PRINT DELIVERY 621 West Pender St. Vancouver Downtown 604-648-0005