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File: VUL NR February 28th 2017 Colchester_Final.pdf
News Release
February 28, 2017
Vulcan Minerals Inc. Samples up to 17.8% Copper at Colchester and Identifies
New Geophysical Drill Targets in Newfoundland
St. John's Newfoundland and Labrador - Vulcan Minerals Inc. ("the Company" - "Vulcan" TSX-
V:VUL) announces it has received high-grade copper and gold assays from samples taken during
the Company's field work at the Colchester Property in Newfoundland. Twenty-six grab samples
were sent for assay, of which sixteen assayed above 1% copper (up to 17.8%) and seven assayed
above 1 g/t gold (up to 8.7 g/t) as in Table 1 below.
Sample Au (g/t) Cu (%)
Colchester Main Zone
PC16217 1.06 17.80
PC16216 0.75 16.70
PC16104B 2.11 3.92
Colchester Alpha Zone
PC16099B 8.75 6.07
PC16099C 4.00 1.67
PC16099A 6.07 0.13
Old English Zone
PC16155B 0.86 12.20
PC16155A 0.96 11.50
PC16214 0.20 7.03
PC16201B 0.08 5.79
PC16209B 0.66 4.11
PC16171 0.15 3.62
PC16212A 0.29 3.57
PC16212B 0.09 3.14
PC16213 0.97 3.08
PC16206B 3.86 2.63
PC16155C 0.18 1.41
PC16206C 1.23 0.82
Table 1. Select samples from 2016 Colchester mapping program showing Cu and Au highlights.
333 Duckworth Street, St. John's, NL, A1C 1G9
Telephone: (709) 754-3186 Fax: (709) 754-3946, Email: info@vulcanminerals.ca, Website: www.vulcanminerals.ca
Copper mineralization occurs as disseminations, veins or lenses and massive layers or pods,
hosted in chlorite schist zones; gold mineralization is associated with semi-massive to massive
sulfide mineralization, typically chalcopyrite and pyrite. Please refer to www.vulcanminerals.ca
for maps of the Colchester property.
These results further confirm the high-grade nature of the Colchester property and, combined
with the recent drill results, will be incorporated into the 2017 evaluation program. In particular,
the Alpha Zone demonstrates significant gold enrichment which will require further ground
investigation.
The Company has also received the final processed Induced Polarization (IP) survey results and
interpretation by Abitibi Geophysics (Abitibi) from its late 2016 program. All known areas of
mineralization produced chargeability responses including the Colchester Main and Old English
zones. The survey also resolved an historical anomaly that occurs between known mineralization
at Colchester and Old English. This anomaly exhibits some of the highest chargeability from the
2016 IP survey and covers a zone approximately 900 meters in length and is open to the south.
This anomaly has not been drilled by historic holes and represents an exciting new prospect in a
well endowed mineralized environment. Abitibi recommends 24 priority drill locations over the
surveyed area based on their data interpretation. Further discussion of the final interpretation
will be forth coming after a full internal assessment of the data.
Vulcan will be exhibiting at the Prospector's and Developers Convention in Toronto March 05-08
at Booth 2744. Please visit if you are attending the show http://www.pdac.ca/convention
Patrick J. Laracy, P. Geo, President, and Patrick Collins, P. Geo. are qualified persons responsible
for the contents of this news release as defined in National Instrument 43-101.
We seek safe Harbor
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy
or accuracy of this release. This release may contain certain forward-looking statements. Actual
events or results may differ from the Company's expectations. Certain risk factors beyond the
Company's control may affect the actual results achieved. Accordingly, readers are advised not
to place undue reliance on forward-looking information. Except by law, the Company
undertakes no obligation to publicly update or revise forward-looking information.
For information please contact:
Patrick J. Laracy, President
(709) 754-3186
info@vulcanminerals.ca
www.vulcanminerals.ca
333 Duckworth Street, St. John's, NL, A1C 1G9
Telephone: (709) 754-3186 Fax: (709) 754-3946, Email: info@vulcanminerals.ca, Website: www.vulcanminerals.ca
File: VUL NR February 28th 2017 Colchester_Final.docx
News Release
February 28, 2017
Vulcan Minerals Inc. - Samples up to 17.8% Copper at Colchester and Identifies New Geophysical Drill Targets in Newfou
--->ndland
St. John's Newfoundland and Labrador - Vulcan Minerals Inc. ("the Company" - "Vulcan" TSX-V:VUL) announces it has rece
--->ived high-grade copper and gold assays from samples taken during the Company's field work at the Colchester Property i
--->n Newfoundland. Twenty-six grab samples were sent for assay, of which sixteen assayed above 1% copper (up to 17.8%) an
--->d seven assayed above 1 g/t gold (up to 8.7 g/t) as in Table 1 below.
Sample
Au (g/t)
Cu (%)
Colchester Main Zone
PC16217
1.06
17.80
PC16216
0.75
16.70
PC16104B
2.11
3.92
Colchester Alpha Zone
PC16099B
8.75
6.07
PC16099C
4.00
1.67
PC16099A
6.07
0.13
Old English Zone
PC16155B
0.86
12.20
PC16155A
0.96
11.50
PC16214
0.20
7.03
PC16201B
0.08
5.79
PC16209B
0.66
4.11
PC16171
0.15
3.62
PC16212A
0.29
3.57
PC16212B
0.09
3.14
PC16213
0.97
3.08
PC16206B
3.86
2.63
PC16155C
0.18
1.41
PC16206C
1.23
0.82
Table 1. Select samples from 2016 Colchester mapping program showing Cu and Au highlights.
Copper mineralization occurs as disseminations, veins or lenses and massive layers or pods, hosted in chlorite schist
--->zones; gold mineralization is associated with semi-massive to massive sulfide mineralization, typically chalcopyrite a
--->nd pyrite. Please refer to www.vulcanminerals.ca for maps of the Colchester property.
These results further confirm the high-grade nature of the Colchester property and, combined with the recent drill res
--->ults, will be incorporated into the 2017 evaluation program. In particular, the Alpha Zone demonstrates significant go
--->ld enrichment which will require further ground investigation.
The Company has also received the final processed Induced Polarization (IP) survey results and interpretation by Abiti
--->bi Geophysics (Abitibi) from its late 2016 program. All known areas of mineralization produced chargeability responses
---> including the Colchester Main and Old English zones. The survey also resolved an historical anomaly that occurs betwe
--->en known mineralization at Colchester and Old English. This anomaly exhibits some of the highest chargeability from th
--->e 2016 IP survey and covers a zone approximately 900 meters in length and is open to the south. This anomaly has not b
--->een drilled by historic holes and represents an exciting new prospect in a well endowed mineralized environment. Abiti
--->bi recommends 24 priority drill locations over the surveyed area based on their data interpretation. Further discussio
--->n of the final interpretation will be forth coming after a full internal assessment of the data.
Vulcan will be exhibiting at the Prospector's and Developers Convention in Toronto March 05-08 at Booth 2744. Please v
--->isit if you are attending the show http://www.pdac.ca/convention
Patrick J. Laracy, P. Geo, President, and Patrick Collins, P. Geo. are qualified persons responsible for the contents
--->of this news release as defined in National Instrument 43-101.
We seek safe Harbor
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this rele
--->ase. This release may contain certain forward-looking statements. Actual events or results may differ from the Company
--->'s expectations. Certain risk factors beyond the Company's control may affect the actual results achieved. Accordingly
--->, readers are advised not to place undue reliance on forward-looking information. Except by law, the Company undertake
--->s no obligation to publicly update or revise forward-looking information.
For information please contact:
Patrick J. Laracy, President
(709) 754-3186
info@vulcanminerals.ca
www.vulcanminerals.ca
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