​Margaux Resources (MRL:CA) (MARFF) Reports Additional High Grade Gold Samples from Bayonne Property

Spotlight Companies |

Margaux Resources Ltd. (MRL:CA) is providing an update on the company's Bayonne property, part of Margaux's Kootenay Arc project in Southern British Columbia.

Key Highlights

- High gold results including 51.6 g/t Au and 46.6 g/t Au from the Maggie Aikens vein. - 6 holes totaling 475 metres completed at the Maggie Aikens target. - Drilling currently targeting the Bayonne Main and A vein splays.

"These results continue Margaux's exciting run of high grade gold samples on the Bayonne property" commented Tyler Rice, President and CEO of Margaux. "The potential of the Bayonne is being revealed and the upcoming drill results should provide a greater understanding of the extent of mineralization and the potential for new vein discoveries."

Margaux is pleased to report high gold rock sample results from the Maggie Aikens vein including 51.6 g/t Au. Results, as seen in the table below, were returned from 6 rock samples collected from the dumps of several sloughed historic exploration pits, and from the dump of a short exploration adit.

The historic workings explore a zone of quartz veining within granodiorite, over a strike length of approximately 100 metres. The Maggie Aikens target is untested by any recent work and, prior to Margaux's current drill program, had not been tested by drilling.

As part of Margaux's current diamond drill program at Bayonne, 6 holes (totaling 475 m) have now been drilled to test the Maggie Aikens vein at depth below samples 8773-8778. Logging and core sampling is underway. The drill rig has now been mobilized to the western part of the Bayonne property, where drilling will test the at-depth continuation of the Bayonne Main and A vein splays.

Notes



Samples reported in this were grab samples collected from the dumps of historic workings. Samples were shipped to ActLabs' Kamloops, B.C. laboratory (ISO 9001:2008, ISO 17025, CAN-P-1579 certification) for preparation and analysis. Samples were crushed at the lab to 80% passing a 10 mesh (2 mm) screen, then a 250 g split of the crushed sample was pulverized to 95% passing 105 microns. All samples were analysed for gold by FA/AA finish on a 30 g sample of pulverized material, and for a multi-element suite by ICP-MS following aqua regia digestion. For samples returning > 10 g/t Au by FA/AA methods, gold was assayed by FA/gravimetric methods on a 30 gm sample.

Qualified Person

Linda Caron, M.Sc., P.Eng, Margaux's Vice President of Exploration, is the Company's Qualified Person as defined by NI 43-101 who has reviewed and approved the technical information contained within this press release.

About Margaux Resources Ltd.

Margaux Resources Ltd. (TSX.V: MRL, OTCQB: MARFF) is a mineral acquisition and exploration Company focused on the development of zinc, gold and tungsten deposits in the Kootenay Arc, in the southeastern region of British Columbia. The Company is directed by a group of highly successful Canadian business executives and has a fast-growing portfolio of previously producing properties that include the Jersey-Emerald mine, which at one point was the 2nd largest historic zinc-lead mine in B.C. and the 2nd largest tungsten mine in North America.

In the interest of full disclosure, we call the reader's attention to the fact that Equities.com, Inc. is compensated by the companies profiled in the Spotlight Companies section. The purpose of these profiles is to provide awareness of these companies to investors in the micro, small-cap and growth equity community and should not in any way be considered as a recommendation to buy, sell or hold these securities. Equities.com is not a registered broker dealer, investment advisor, financial analyst, investment banker or other investment professional. We are a publisher of original and third party news and information. All profiles are based on information that is available to the public. The information contained herein should not be considered to be complete and is not guaranteed by Equities.com to be free from misstatement or errors. The views expressed are our own and not intended to be the basis for any investment decision. Readers are reminded to do their own due diligence when researching any companies mentioned on this website. Always bear in mind that investing in early-stage companies is risky and you are encouraged to only invest an amount that you can afford to lose completely without any change in your lifestyle. Equities has been compensated with cash, common shares and/or warrants for market awareness services provided.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Companies

Symbol Name Price Change % Volume
MRL:CA Margaux Resources Ltd. 0.28 0.01 1.85 10,400

Comments

Emerging Growth

Margaux Resources Ltd.

Margaux Resources Ltd is a Calgary based resource company. The Company is focused on its Jersey Emeral Tungsten-Zinc property located in the southeast portion of British Columbia.

Private Markets

Quants Inc

Quants, Inc, a California Corporation, develops, markets and operates financial technology platforms and alternative investment products offering sophisticated risk management since 2010. The Company has primarily sharpened its focus with…

Voleo

Voleo is a free download that allows you to form investment clubs with your friends, family, colleagues, classmates, teammates…basically anyone you know and trust. Invest and manage a stock portfolio…