York Harbour Metals Inc. (TSX-V: YORK) (OTCPK: YORKF) (Frankfurt: 5DE0) is pleased to report high-grade copper and cobalt values in diamond drill hole YH21-24, grading 5.25% copper, 436.5 g/t cobalt, 8.97 g/t silver, and 0.801% zinc over a drilling length of 29.0 metres at the Company’s York Harbour Copper-Zinc Project in Newfoundland. Drill hole YH21-22 intersected strong zinc and copper values over a 5.26-metre interval, grading 2.84% copper, 31.96% zinc and 42.09 g/t silver.
The Phase 2 Drilling Program included 29 diamond drill holes, totaling 4,562 metres, that targeted volcanogenic massive sulphide (“VMS”) mineralization along a 400-metre strike length within the Main Area near the historic underground mine workings.
Figure 1: Example of High-Grade VMS Mineralization. This Sample Assayed 11.9% Copper and 627 g/t Cobalt at the End of the 29 Metres Drilling Length Interval in DDH YH21-24.
Bruce Durham, Chairman, commented, “High dollar value, high grade copper mineralization like the intersection in drill hole YH21-24 is very rare and they are important indicators of strong mineralizing fluid systems at work. We know there are numerous indications of copper and zinc mineralization in the local area and most remain only partially defined. By proceeding to drill these mineralized areas in detail we will begin to establish a solid understanding of the size, mineralogy, structural controls, and grade distribution within these various areas of known VMS style mineralization.”
Figure 2: Example of High-Grade Sphalerite (Zinc Sulphide) Intersection in Drill Hole YH21-22 that intersected 5.26 m of 2.84% Copper, 31.96% Zinc, and 42.09 g/t Silver. The dark mineral is Sphalerite.
Table 1: Summary of Phase 2 Drilling Results for Drill Holes YH21-21 to YH21-30.
Note: All intervals are drilling lengths, not true widths, since true widths have yet to be established.
Figure 3: Plan View of Location of Phase 2 Diamond Drill Holes
Doug Blanchflower, P. Geo. is a Qualified Person in accordance with National Instrument 43-101 has reviewed and accepted the technical material contained in this news release.
About York Harbour Metals Inc.
York Harbour Metals Inc. (formerly Phoenix Gold Resources) is an exploration and development company focused on the York Harbour Copper-Zinc-Silver Project, a mineral property located approximately 27 km from Corner Brook, Newfoundland and Labrador. The Company plans to continue drilling the 11 known mineralized zones and test other new massive sulphide targets, like the No 4 Brook showing, while focusing on gaining access to the 400-level and Sea Level adits.
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We acknowledge the [financial] support of the Government of Canada.