Adex Mining Inc. (“Adex” or the “Company”) (TSX-V: ADE) is pleased to announce that a second drill rig has now been delivered to the Company’s Mount Pleasant Mine Property in southwestern New Brunswick, Canada (the “Property”).
The second drill will be deployed concurrently with the first drill to accelerate completion of the first phase six definition and twin hole drill program at the Property’s Fire Tower Zone, which hosts a past-producing Tungsten-Molybdenum mineralized zone.
The results of the first phase drill program will be used to upgrade the current Tungsten-Molybdenum inferred mineral resource estimates to National Instrument 43-101 (“NI 43-101”) compliant “indicated” categories. This would allow Adex to move towards the feasibility stage of development, and potentially to mine development…more at MineWeb