Logan Commences Drilling at Antelope to Confirm Historic Drilling and Test for Mineralization Extensions
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Logan Commences Drilling at Antelope to Confirm Historic Drilling and Test for
Mineralization Extensions
June 20, 2017
VANCOUVER, BRITISH COLUMBIA, Loga n Resources Ltd. (LGR: TSX-V) (“Logan” or the
“Company”) is pleased to announce that it has initiated a previously ann ounced drill program at its
Antelope gold project in Nevada. The RC drill program is estimated to total approximately 610 meters in 4-
5 core holes and has been designed to confirm results from sele cted historic drill holes and to test the
northwest extension of near-surface mineralization.
The project is subject to a previously-announced Option Agreement (see release dated July 7, 2016) with
Liberty Gold (USA) Corp. ("Liberty Gold") (formerly Pilot Gold (USA) Inc). Logan anticipates that the
Company will have fulfilled the required expenditure commitment upon completion of this drill program at
Antelope.
The drilling program is planned to accomplish a number of technical objectives:
Confirm results from historic drill holes
Achieve more continuous interc epts in mineralized intervals subject to significant sample losses in
early drill campaigns
Test for extensions to known mineralization along strike and at depth beneath shallow historic drill
holes
Test for possible under-reported gold mineralization in carbon aceous black shales of the Pilot
Formation
Provide Logan geologists the opportunity to better understand the nature of mineralized intervals
and host rocks
The Antelope property is located in White Pine County, Nevada, approximately 100 kilometers south of
Wendover. The property consists of 65 unpatented lode claims on public lands under BLM jurisdiction.
Antelope is best described as a sediment-hosted, Carlin-type gold system. Gold is concentrated in the lower
portion of the Pilot Shale in highly silicified sedimentary rocks (jasperoid). Significant concentrations of gold
occur in two jasperoid zones which are part of a gently west-di pping sequence of limestone, siltstone and
dolomite. Tertiary igneous rocks are present as narrow, northwe st trending quartz monzonite dikes. Gold
grades are elevated along dike/sediment contacts as well as in proximity to steep, northwest-striking faults.
The technical information within this document has been reviewed and approved by Dr. Craig S. Bow, Vice
President Exploration for Logan. Dr. Bow is a Qualified Person as defined in NI 43-101.
About Logan Resources Ltd.
Logan Resources Ltd. (LGR: TSX-V) is a junior exploration compa ny in the business of acquiring and
advancing mineral properties. Logan’s focus is on actively expl oring nine gold properties in Nevada and
Utah, USA that are under option from Liberty Gold (USA) Corp. L ogan also has a 20% carried interest in
the Gorilla Lake uranium property, and has a 100% interest in the Redford iron ore property on Vancouver
Island, Canada. Redford is a former producing iron ore mine.
For more information, please visit www.loganresources.ca.
LGR: TSX.V Page 2 of 2
www.kingandbay.com
Logan is part of the King & Bay West group of companies. King & Bay
West is a merchant bank and mana gement services company that
specializes in identifying, funding, developing and managing gr owth
opportunities in the resource and technology sectors.
LOGAN RESOURCES LTD.
On behalf of the Board
“Mark Morabito”
Chief Executive Officer
For further information regarding this news release, please contact:
Jennifer Paterson, Manager of Corporate Development
T: 604-681-8030 x 248
Cautionary Note Regarding Forward-Looking Information
This news release contains "forward-looking information" concerning anticipated developments and events that may occur in the future. Forward looking
information contained in this news releas e includes, but is not limited to, statement s with respect to (i) the exploration pote ntial and prospective nature
of the properties disclosed in this news release, (ii) the detail s of future exploration plans and potential results, and (iii) potential gold mineralization on
the properties.
In certain cases, forward-looking information can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "budget",
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in this news release is based on certain factors and assumpt ions regarding, among other things, the estimation of mineral resou rces, the realization of
resource and reserve estimates, gold and other commodity prices, the timing and amount of future exploration and development ex penditures, the
estimation of labour and operating costs, the availability of ne cessary financing and materials to continue to explore and deve lop the Company’s
properties in the short and long-term and to acquire new properties , the progress of exploration and development activities, th e receipt of necessary
regulatory approvals, the estimation of insurance coverage, and assumptions with respect to currency fluctuations, environmental risks, title disputes or
claims, and other similar matters. While the Company considers these assumptions to be reasonable based on information currently available to it, they
may prove to be incorrect.
Forward looking information involves known and unknown risks, uncertainti es and other factors which may cause the actual result s, performance or
achievements of the Company to be materiall y different from any future results, perf ormance or achievemen ts expressed or implie d by the forward-
looking information. Such factors include risks inherent in the exploration and development of mineral deposits, risks relating to variations in mineral
resources, grade or recovery rates resulting from current exploration and development activities, risks relating to the ability to access infrastructure, risks
relating to changes in gold and other commodity prices and the worldwide demand for and supply of gold and related products, risks related to increased
competition in the market for gold and related products and in the mining industry generally, risks related to current global f inancial conditions,
uncertainties inherent in the estimation of mineral resources, access and supply risks, reliance on key personnel, operational risks inherent in the conduct
of mining activities, including the risk of accidents, labour disputes, increases in capital and operating costs and the risk of delays or increased costs that
might be encountered during the development process, regulatory risks, including risks relating to the acquisition of the necessary licenses and permits,
financing, capitalization and liquidi ty risks, including t he risk that the financing necessary to fund the exploration and deve lopment activities on the
Company’s properties, or to acquire new properties, may not be available on satisfactory terms, or at all, risks related to dis putes concerning property
titles and interest, environmental risks and the additional risks identified in the "Risk Factors" section of the Company's reports and filings with applicable
Canadian securities regulators.
Although the Company has attempted to identif y important factors that could cause actual ac tions, events or results to differ m aterially from those
described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended.
Accordingly, readers should not place undue reliance on forward-looking information. The forward-looking information is made as of the date of this news
release. Except as required by applicable se curities laws, the Company does not under take any obligation to publicly update or revise any forward-
looking information.
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of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this
release.