VANCOUVER, Sept. 25, 2017 /CNW/ - (TSX-V: BCK) – Blind
Creek Resources Ltd. ("Blind Creek" or the "Company") is
pleased to announce that the field component of the recently
announced Blende Property exploration program (see Blind Creek News
Release dated August 17, 2017), has
been completed. A geological team from Moose Mountain
Technical Services successfully collected a total of 51 samples for
Specific Gravity (SG) determinations and 175 kilograms of
metallurgical samples from select and representative diamond drill
core stored on the property. Moose Mountain will conduct SG
determinations for mineral resource estimation purposes and the
metallurgical samples have been submitted to Bureau Veritas
Commodities Canada Ltd. (BV Minerals – Metallurgical Division) in
Richmond, B.C. for assay analysis,
metallurgical processing and studies.
Blende Metallurgical Program and Processing Upsides
The historical Blende metallurgical process work by Billiton
(1991) was focussed on the sulphide portion of the historic
resource for lead and zinc recovery. There is also a considerable
oxide portion at Blende that can possibly be brought into the
resource categories with further exploration and metallurgical
investigation. There has been a considerable amount of recent
relevant technical advances in mineral processing of oxide lead and
zinc minerals, as well as for concentrate treatment by various
leaching or pyrometallurgical (smelting) procedures. If justified,
the oxide portion of the resource may allow for lower cost mining
techniques (i.e. open pit).
Blind Creek has commissioned Mr. Frank
Wright, P.Eng., of F. Wright Consulting Inc. to conduct a
preliminary scoping evaluation on the recently collected
metallurgical samples, focussing on basic pre-concentration and
flotation studies for all mineralization types modeled at Blende.
The four month, staged metallurgical program will entail
characterization and optimization studies for comminution, dense
media separation (DMS), flotation, liquid /solid (L/S) separation
and concentrate characterization. Results from this study
will provide an additional basis for the Blende resource estimate
and concentrate sample for further pyrometallurgical and
hydrometallurgical recovery studies.
Geological aspects of the Blende exploration program are being
supervised by Mr. R.J. (Bob) Morris,
M.Sc., P.Geo., Principal Geologist of Moose Mountain Technical
Services and a Qualified Person (Q.P.) as defined by National
Instrument 43-101. Metallurgical studies are being supervised by
Mr. Frank Wright, P.Eng., of
F.Wright Consulting Inc. and a Qualified Person (Q.P.) as defined
by National Instrument 43-101. Technical aspects of this news
release have been reviewed and approved by Mr. Morris and Mr.
Wright.
About the Blende Zinc-Lead-Silver Deposit
The Blende deposit is one of the largest undeveloped
strata-bound carbonate-hosted Zinc-Lead-Silver deposits in
Western Canada, with zinc
mineralization traced over an 8km strike length and a vertical
range exceeding 700 metres. The deposit remains open along
strike and at depth. In excess of $9.2
million in past exploration expenditures has provided for
>24,300 metres of diamond drilling in 125 holes on the Blende
property to date.
In 1991 Billiton Resources Canada Inc. calculated an historic
open pit resource of 19.6 million tonnes averaging 3.04% Zn,
2.80% Pb and 56 g/t Ag* (shallow, sulphide-only) at Blende,
representing 1.3 billion pounds of Zn, 1.2 billion pounds of Pb
and 35.3 million ounces of Ag. Blind Creek is focused on
conducting the work necessary to translate this historic resource
into a NI 43-101 compliant underground and open pit resource
estimate and technical report, to be completed by year end.
*The above mentioned estimates do not conform with National
Instrument 43-101. Neither Blind Creek nor its
consultants have completed sufficient work to
verify the Historical estimates and
these should not be relied upon
for investment decisions. The estimates are referred to as
Historical Resources.
A qualified person has not done sufficient work to classify
the historical estimate as current mineral resources or mineral
reserves, the Company is not treating the historical estimate as
current mineral resources or mineral reserves and the historical
estimate should not be relied upon.
About Blind Creek Resources Ltd.
Blind Creek is a Vancouver-based junior resource company
focused on lead-zinc-silver and gold-silver project acquisition,
exploration and development in Yukon (Blende Property), Northwest Territories (AB Property) and
British Columbia (Engineer Gold
Mine). The Company's flagship property is the Blende Property in
north-central Yukon, one of the
largest undeveloped zinc-lead-silver deposits in Western
Canada. More recently the company has signed an agreement to
acquire a 100% interest in the AB Property (MV-Type Zinc-Lead) in
the Northwest Territories and
purchased the historic and fully-permitted Engineer Gold Mine,
situated 32 km southwest of Atlin,
B.C.
For additional information please visit the company website
www.blindcreekresources.com.
On behalf of the Board of
Directors,
Mr. Brian P. Fowler, P.Geo.
President
Tel: (604) 617-8191
bfowler@blindcreekresources.com
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
This news release contains certain forward looking statements
which involve known and unknown risks, delays, and uncertainties
not under the control of Blind Creek Resources Ltd. which may cause
actual results, performance or achievements of Blind Creek
Resources Ltd to be materially different from the results,
performance or expectation implied by these forward looking
statements. By their nature, forward looking statements involve
risk and uncertainties because they relate to events and depend on
factors that will or may occur in the future. Actual results may
vary depending upon exploration activities, industry production,
commodity demand and pricing, currency exchange rates, and, but not
limited to, general economic factors. Neither the TSX Venture
Exchange nor its Regulation Services Provider (as that term is
defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this
release.
SOURCE Blind Creek Resources Ltd.