(via TheNewswire)
The A-J gold property hosts the former producing Athelstan and Jackpot mines which produced 7,000 ounces of gold and 9,000 ounces of silver (Minfile 082ESE047).
The program is designed to test a multi-coincident geophysical anomaly located within the
4 Drill Holes Completed
Four drill holes, AJ23-01-04, have been completed to date. The drill core is currently being logged and samples are being prepped for delivery to ALS laboratories in
About
Athelstan-Jackpot (A-J):2 former gold mines.2,000m drilling targetingmulti-coincident geophysical anomaly on strike with neighboring gold trend and gold mines.
CrackingstoneUranium-Rare Earths:Some of the highest grade Rare Earth Elements (REE’s) are being discovered in
Northern Saskatchewan due to the presence of Uranium, Thorium Pegmatites. Crackingstone project meets the criteria for potentially discovering a large REE’s deposit with its high grade uranium along with thorium and pegmatite. A review of 3,000m of 2008 drill data shows a 1.3km pegmatite dyke drilled but only assayed for uranium at that time.2023 plans are to re-assay pegmatite sections for REE’s ;
Come By Chance (CBC):2021 geophysics delineated potential large copper-gold porphyry
2022 drilling provided further vectors towards potential core of porphyry;
The
Lone Star Copper-Gold:optioned to Australian Marquee Resources ASX:MQR. MQR has spent in excess of$2.5M in drilling, completed new resource inDec. 2022 , and iscurrently preparing a Preliminary Economic Assessmentin order to earn 80% interest.
TheKibby Basin Lithiumproject located 60 kilometers north of the lithium rich
Clayton Valley Basin : Optioned 80% of the central Kibby Playa claim block to Australian Marquee Resources - MQR. MQR has spent in excess of$2.5M in drilling in 2022 for potential deep seated lithium brine. 2022 Drilling confirmed high levels of lithium-bearing sediments along with dissolved lithium in the groundwater.
1.Technical Report and Updated Mineral Resource Estimate For the
NI-43-101 & 43-101F1 Technical Report No. 307 Paul Cowley,
NI 43-101 Disclosure:
The technical information in this news release has been prepared in accordance with Canadian regulatory requirements as set out in National Instrument 43-101 and has been reviewed and approved by
ON BEHALF OF THE BOARD OF DIRECTORS
“George Sookochoff”
Neither the
This Press Release may contain forward-looking statements that may involve a number of risks and uncertainties, based on assumptions and judgments of management regarding future events or results that may prove to be inaccurate as a result of exploration and other risk factors beyond its control. Actual events or results could differ materially from the Companies forward-looking statements and expectations. These risks and uncertainties include, among other things, that we may not be able to obtain regulatory approval; that we may not be able to raise funds required, that conditions to closing may not be fulfilled and we may not be able to organize and carry out an exploration program in 2023, and other risks associated with being a mineral exploration and development company. These forward-looking statements are made as of the date of this news release and, except as required by applicable laws, the Company assumes no obligation to update these forward-looking statements, or to update the reasons why actual results differed from those projected in the forward-looking statements.
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