Constantine Metal Resources (OTC Other: CNSNF; TSX-V: CEM) now has initial assay results from the 2011 drill program at the Company’s 100% owned Trapper Gold Property. The drill program was carried out and funded by Ocean Park Ventures, which can earn a 70% interest in the property by spending $9.75 million in work expenditures and issuing certain cash and share payments to Constantine. To date, 8,581 meters have been drilled across 42 holes, 24 of which have assays available. Highlights include in drill hole TG-11-011, 2.51 g/t gold over 22.86 meters, including 9.18 g/t gold over 4.26 meters.
Gold-silver +/- copper, lead, and zinc mineralization has been identified in multiple different environments within an inferred large copper-gold porphyry setting. At the Main Zone, drilling has intersected gold mineralization over a 2.2 kilometre strike length and includes both porphyry hosted and structurally controlled gold. Porphyry hosted mineralization, which represents a potential bulk tonnage target, consists of disseminated and stockwork sulphide within near-surface feldspar porphyry dykes and sills.