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Margaux Resources (TSXV: MRL) Rock Sample Results from Ongoing work on the Sheep Creek Property

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A highlight of the sampling is the identification of high grade gold-silver-lead-zinc mineralization, including samples showing 36.4 grams per tonne gold, 1,021 grams per tonne silver, 33.68% lead and 13.62% zinc at the Kat showing.

Additional Information:

Company: Margaux Resources
Website: http://margauxresources.com
Stock Symbol: TSXV: MRL
Date Published: Aug 22, 2017
Transcript: Available

Video Transcript:

I’m Samantha Deutscher for Investmentpitch Media

Margaux Resources announced rock sample results from ongoing work on the company’s Sheep Creek property.

This table shows results received from Company-collected rock samples on the Sheep Creek property, as well as results from character-type rock samples collected by consulting geologist, Bob Lane as part of the independent NI 43-101 report being prepared on the Sheep Creek property.

A highlight of the sampling is the identification of high grade gold-silver-lead-zinc mineralization, including samples showing 36.4 grams per tonne gold, 1,021 grams per tonne silver, 33.68% lead and 13.62% zinc at the Kat showing.

Tyler Rice, President and CEO, stated: "It is extremely exciting that in our first season we have identified a new high grade vein on the Sheep Creek property that after over 100 years of work in the camp, has not been drilled or previously reported. Additional ground work is being performed to prepare for a fall drill program that will test the Kat vein and other targets on the property, aiming to further our understanding of these newly identified results."

The company has a pipeline of projects with greenfield and brownfield exploration potential giving the company exposure to zinc, tungsten and gold.

The Sheep Creek property, is just one of company’s fast-growing portfolio of previously producing properties in the Kootenay Arc, which includes the Jersey-Emerald mine, at one point the 2nd largest historic zinc-lead mine in British Columbia, and the 2nd largest tungsten mine in North America.

The Sheep Creek had historic gold production totalling 690,000 ounces, from 26 historic gold vein mines.

Individual veins averaged approximately 1 metre in width, and were mined over strike lengths up of up to 550 metres and up to 500 metre depths.

The shares are trading at $0.25 and with 49.7 million shares outstanding, the company is capitalized at $12.4 million.

For more information, please visit the company’s website at www.margauxresources.com, contact Tyler Rice, President and CEO, at 403-537-5590 or by email at tyler@margauxresources.com.

I’m Samantha Deutscher for Investmentpitch Media