- Buddingtonite detected at Abel Knoll,
Silica Ridge , and North Hill deposits in association with gold mineralization confirming similar mineralogical association of buddingtonite with gold at Sandman to the along strike Sleeper deposit. - Buddingtonite was detected from 11m to 222m downhole in the Abel Knoll diatreme breccia.
- Moving forward, spectral analysis will be an excellent tool for testing nearology to potential gold mineralization.
- Additional exploration, utilizing the field spectrometer for new targeting is ongoing.
Buddingtonite is an ammonium feldspar mineral that is directly associated with the high-grade gold (& silver) veins at the Sleeper Gold deposit. The Sleeper deposit is located 23kms north of Sandman and yielded circa 2Moz of gold and 2.3 million ounces of silver during its production years from 1986 to 1996 (figure 3). Buddingtonite is considered an excellent epithermal vein pathfinder for gold mineralization and is found in association with Nevada’s gold deposits. Buddingtonite is not easily identified in hand specimen as it does not occur in abundance, nor can it be confirmed by the standard multi-element geochemical analysis due to ammonium content NH4 (buddingtonite mineralogical formula NH4AlSi3O8). One of the quickest and easiest ways to measure the presence of buddingtonite in a rock sample in the field, is by a field spectrometer unit, which identifies the monoclinic crystal system spectra giving indication that buddingtonite is likely to be found within the rock sample. This gold pathfinder can now be applied to other rock samples at the Sandman project in search of additional gold deposits. Figure 1 shows photographs of where buddingtonite was identified by the field spectrometer in the Abel Knoll diatreme breccia core sample.
Initial test work at Sandman was conducted in
Commenting on the results, Gold Bull’s CEO,
“Finding buddingtonite as a gold pathfinder has been an ambition of our technical team and we are thrilled to learn it is present and associated with the known high-grade gold mineralization at Abel Knoll and North Hill deposits. Now that this test work has been completed, we can now get to work to identify where buddingtonite exists near surface on the project to help discover a new deposit, we are particularly excited to apply this low-cost technology to the North-West Trend and North-West basin boundary margin.”
Figure 1a-1f. Photographs of occurrences of buddingtonite in
Figure 2. Sandman exploration targets showing buddingtonite identified along 11.5km North-West trend.
Figure 3. Sleeper mine relative to Sandman project, the Sandman-Sleeper trend being a range front fault which spans 23km, the Sleeper mine is one of the highest-grade open pits mined in
Figure 4. Location of Sandman project relative to
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The Company now plans to conduct soil-gas orientation test work over the four deposits at Sandman in
ABOUT SLEEPER
The Sleeper-Sandman corridor is a highly endowed and underexplored terrain given the
It should be noted, it took Sleeper thirty-four (34) step-out drill holes to discover the high-grade gold vein system with the discovery hole returning 102m of silicified breccia that averaged 28 g/t gold and 62 g/t silver. A very persistent exploration methodology was applied by Gold Bull’s current Technical Advisor,
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Gold Bull’s mission is to grow into a US-focused mid-tier gold development Company via rapidly discovering and acquiring additional ounces. The Company’s exploration hub is based in
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This news release contains certain statements that may be deemed “forward-looking statements” with respect to the Company within the meaning of applicable securities laws. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential”, “indicates”, “opportunity”, “possible” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although Gold Bull believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, are subject to risks and uncertainties, and actual results or realities may differ materially from those in the forward-looking statements. Such material risks and uncertainties include, but are not limited to, the Company’s ability to raise sufficient capital to fund its planned activities at the
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Figure 1a
Photographs of occurrences of buddingtonite in Abel Knoll drill core in the diatreme breccia and hand sample outcropping at North Hill.
Figure 1b
Photographs of occurrences of buddingtonite in Abel Knoll drill core in the diatreme breccia and hand sample outcropping at North Hill.
Figure 1c
Photographs of occurrences of buddingtonite in Abel Knoll drill core in the diatreme breccia and hand sample outcropping at North Hill.
Figure 1d
Photographs of occurrences of buddingtonite in Abel Knoll drill core in the diatreme breccia and hand sample outcropping at North Hill.
Figure 1e
Photographs of occurrences of buddingtonite in Abel Knoll drill core in the diatreme breccia and hand sample outcropping at North Hill.
Figure 1f
Photographs of occurrences of buddingtonite in Abel Knoll drill core in the diatreme breccia and hand sample outcropping at North Hill.
Figure 2
Sandman exploration targets showing buddingtonite identified along 11.5km North-West trend.
Figure 3
Sleeper mine relative to Sandman project, the Sandman-Sleeper trend being a range front fault which spans 23km, the Sleeper mine is one of the highest-grade open pits mined in Nevada .
Figure 4
Location of Sandman project relative to Sleeper Gold Mine and other Nevada gold deposits.
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