Highlights of the drilling include an intersection of 8.60g/t Au over 4.41 metres from 326.89 metres that included 53.52g/t Au over 0.31 metres in Hole K-22-211 that contains visible gold, and 1.31g/t Au over 7 metres from 270 metres including 8.49g/t Au over 0.91 metres in Hole K-22-207 from Big Vein Southwest. Hole K-22-202, drilled at the northeast end of Big Vein, intersected 5.68g/t Au over 2.65 metres from 189.7 metres that included 18.27g/t Au over 0.78 metres.
Hole K-22-211 was collared 40 metres southwest of Hole K-22-174 that intersected 284.1 g/t Au over 0.58 metres and 15.05g/t Au over 1.11 metres (see News Release dated
“We continue to have drilling success at both ends of Big Vein which has now been drilled over a strike length of approximately 520 metres and remains open in both directions. In particular, the high grade zone containing visible gold at Big Vein Southwest continues to expand,” said
Hole ID | From (m) | To (m) | Interval (m) | Au (g/t) | Zone |
K-22-211 | 326.89 | 331.3 | 4.41 | 8.6 | Big Vein SW |
including | 326.89 | 328.16 | 1.27 | 23.44 | |
including | 327.19 | 327.5 | 0.31 | 53.52 | |
333.71 | 334.71 | 1 | 1.52 | ||
K-22-207 | 270 | 277 | 7 | 1.31 | Big Vein SW |
including | 273.57 | 274.48 | 0.91 | 8.49 | |
K-22-202 | 189.7 | 192.35 | 2.65 | 5.68 | Big Vein |
including | 189.7 | 190.48 | 0.78 | 18.27 | |
245.3 | 246.2 | 0.9 | 1 | ||
354.7 | 358.8 | 4.1 | 1.06 | ||
including | 354.7 | 355.65 | 0.95 | 2.06 | |
K-22-201 | 262 | 263 | 1 | 1.56 | Big Vein SW |
K-22-199 | nsv | CSAMT | |||
K-22-198 | 214 | 215 | 1 | 2.2 | Big Vein |
266 | 268 | 2 | 2.5 | ||
K-22-197 | 356.87 | 357.97 | 1.1 | 1.34 | Big Vein SW |
K-22-196 | nsv | Golden Glove | |||
K-22-195 | nsv | CSAMT |
Table 1. Summary of assay results. All intersections are downhole length as there is insufficient Information to calculate true width.
Figure 1. Visible gold in Hole K-22-211.
https://www.globenewswire.com/NewsRoom/AttachmentNg/03572774-0511-4519-bf5e-5b6043993756
Figure 2. Big Vein plan map.
https://www.globenewswire.com/NewsRoom/AttachmentNg/902bb7b2-45ed-49bb-b988-35872c854fbe
A total of 61,404 metres have been drilled to date out of the planned 100,000 metre program. Assays are pending for samples from approximately 4,263 metres of core (11.4% of the total submitted).
The Company has
Hole ID | Easting | Northing | Elevation | Azimuth | Dip | Total Depth |
K-22-211 | 661396 | 5434973 | 42 | 130 | 55 | 350 |
K-22-207 | 661366 | 5434937 | 38 | 140 | 50 | 317.52 |
K-22-202 | 661594 | 5435327 | 45.7 | 155 | 55 | 422 |
K-22-201 | 661366 | 5434937 | 38 | 130 | 55 | 315 |
K-22-199 | 666712 | 5443699 | 44 | 295 | 45 | 300 |
K-22-198 | 661594 | 5435327 | 45.7 | 155 | 45 | 368 |
K-22-197 | 661366 | 5434937 | 38 | 130 | 50 | 389 |
K-22-196 | 660700 | 5432008 | 33.5 | 355 | 45 | 476.13 |
K-22-195 | 666712 | 5443699 | 44 | 140 | 45 | 454.11 |
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.
Figure 1.
Visible gold in Hole K-22-211.
Figure 2.
Big Vein plan map.
2022 GlobeNewswire, Inc., source