NQ Exploration Inc. (TSXV:NQE) announced that it has begun an NI 43-101 resource estimate for its Carheil silver-copper-lead-zinc-gold project, located in Brouillan Township, Quebec. The company expects to receive the estimate midway through November 2012.
As quoted in the press release:
NQ Exploration has done more than 10,000 metres of diamond drilling on the Carheil property since 2009. This drilling has enabled the Company to delineate silver mineralization associated with a silicified rhyolite structure. The Ag1 zone containing this silver mineralization extends from surface to a depth of 600 metres, where it remains open laterally and at depth. A gold-bearing zone has also been identified near the 600-metre level, in the footwall of the Ag1 zone.