Highlights of the drilling include an intersection of 20.88 g/t Au over 5 metres that included 124.21g/t Au over 0.81 metres and 7.41 g/t Au over 1.0 metres in Hole K-22-206, and 6.04 g/t Au over 1.20 metres in Hole K-22-208. Both holes were drilled at the north end of Big Vein.
“We continue to follow up on the success of last year’s drilling at Big Vein with another high-grade intersection at the north end of the zone. Big Vein has now been drilled over a strike length of approximately 520 metres along the west side of the
Hole ID | From (m) | To (m) | Interval (m) | Au (g/t) | Zone |
K-22-208 | 116.00 | 118.00 | 2.00 | 1.07 | Big Vein |
176.58 | 178.12 | 1.54 | 5.00 | ||
including | 176.58 | 177.78 | 1.20 | 6.04 | |
K-22-206 | 24.00 | 25.00 | 1.00 | 1.13 | Big Vein |
319.00 | 320.00 | 1.00 | 7.41 | ||
371.00 | 376.00 | 5.00 | 20.88 | ||
including | 374.56 | 375.37 | 0.81 | 124,213 | |
K-22-204 | nsv | CSAMT | |||
K-22-203 | nsv | Golden Glove |
Table 1. Summary of assay results. All intersections are downhole length
as there is insufficient Information to calculate true width.
Figure 1. Big Vein plan map.
A total of 63,055 metres have been drilled to date out of the planned 100,000 metre program. Assays are pending for samples from approximately 2,700 metres of core.
The Company has
Hole ID | Easting | Northing | Elevation (m) | Azimuth | Dip | Total depth (m) |
K-22-208 | 661571 | 5435366 | 58 | 145 | 50 | 497 |
K-22-206 | 661593 | 5435331 | 54 | 155 | 60 | 422.11 |
K-22-204 | 666713 | 5443698 | 50 | 295 | 55 | 482 |
K-22-203 | 660958 | 5432372 | 40 | 108 | 45 | 520.38 |
Table 2. Drill hole collar details
QA/QC
True widths of the reported intersections have yet to be calculated. Assays are uncut. Samples of HQ split core are securely stored prior to shipping to
Qualified Person
The Company gratefully acknowledges the
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Forward-Looking Statements: This news release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words “may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions are intended to identify forward-looking statements. Such statements reflect our current views with respect to future events and are subject to risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made, including those factors discussed in filings made by us with the Canadian securities regulatory authorities. Should one or more of these risks and uncertainties, such as actual results of current exploration programs, the general risks associated with the mining industry, the price of gold and other metals, currency and interest rate fluctuations, increased competition and general economic and market factors, occur or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward-looking statements, except as required by law. Shareholders are cautioned not to put undue reliance on such forward-looking statements.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e5b4125c-f907-4ba5-a492-e2382e58b13a
Figure 1
Big Vein plan map.
2023 GlobeNewswire, Inc., source