The soil sampling program uncovered three highly anomalous geochemical gold clusters. Following these impressive results, the Company has quickly advanced to Phase Two of the programs which is currently underway. This phase includes further sampling, trenching, channel sampling, for which an excavator has already been mobilized.
Promising Potential Unveiled in Central Gold Belt
Discovery of three prominent gold anomalies at
Anomaly A is coincident with the northern extension of a 1.5 km track of altered granite associated gold showings, with high-grade gold values of up to 1,780 ppb (1.780 g/t).
Anomaly B is situated near historic gold occurrences and includes historical assays grading up to 14.56 g/t gold and 440 g/t silver.
Anomaly C contains the highest soil sample value from Phase One, assaying 1,780 ppb Au (1.780 g/t), emphasizing the high-grade nature of the soil samples.
The
Other notable high-grade gold discoveries in the area include New Found
Phase Two of the exploration program will focus on advanced exploration of the high-confidence multi-anomaly targets including trenching, channeling, and diamond drilling to further define and quantify the mineralized zones and their structural features.
We are excited about the discovery of these three prominent gold anomalies at our
Phase One Exploration at
Phase One exploration at the Project involved collecting 4,576 Horizon B soil samples at the central and largest claim block,
Discovering Anomalous Gold
Anomaly A is situated just east of the center of the
Anomaly A - Most Prominent Anomalous Gold Area
Encompassing 71% of the >300 ppb Au samples, Anomaly A is the most prominent gold anomaly and covers an area of approximately 600 x 800 metres. This anomaly is underlain by the northeastern edge of Au-Ag mineralization-bearing Devonian granodiorite. Anomaly A coincides with the northern extension of a 1.5 km stretch of altered granite associated Au showings. Previously discovered clusters of gold mineralization in grab samples on the property returned high-grade Au values, including 11,933 ppb, 9,072 ppb, and 7,548 ppb Au. The new anomaly showcases notable gold values, such as 758 ppb, 591 ppb, and 475 ppb Au. Anomaly A is located along the same trend as glacial striae.
Anomaly B - Proximal to Historic Occurrences
The second anomalous area spans 400 x 500 metres, comprising of five 100-300 ppb Au samples and eight 50-100 ppb Au samples. It is situated over
Anomaly C - Highest Assay Value in Soil Program
Anomaly C encompasses the highest soil sample value from Phase One, assaying 1,780 ppb Au. Included in the anomaly are two samples between 100-300 ppb Au and four between 50-100 ppb Au. The 650 x 100 metre area lies over
Geology Near Gold Anomalies at
The central part of the Property is intruded by an exposed granitoid. This altered granite area is about 0.5 km north of significant Au-Ag mineralization recently discovered in high-grade grab samples along a northeast trend. The unit features a high degree of disseminated sulfide-mineralized quartz veining, coinciding with the strongest gold anomaly.
To the north, the Property surrounds multiple historic showings that follow a granitoid intrusive contact into the
The anomalies align with glacial striae, suggesting a potential shared source to the southwest. Converging from south to northeast along striae are the high-grade grab sample region, Anomaly A and the underlying altered granite, Anomaly B and the contact it covers, and historic showings. This trend runs parallel to the nearby prospective fault structures.
Moving Forward with Advanced Exploration
Phase One was an integral part of a larger program designed at gaining a deeper understanding of the extent and economic potential of the gold-bearing polymetallic vein system at the Project. Soil sampling helped define significant zones of mineralization and alteration characteristics, revealed pathfinder elements consistent with quartz vein geochemistry crucial to CNGB gold-bearing systems, and pinpointed their emplacement. Phase Two will involve advanced exploration of the high-confidence multi-anomaly targets generated during Phase One to delineate and quantify mineralized zones and their structural features. Current anomalies will be assessed, tested, and interpreted near the surface through trenching and channeling, as well as at depth using diamond drilling.
Exploration Methodology and Lab Analysis
The laboratory analyses performed included fire assays for gold and inductively coupled plasma mass spectrometry (ICP34) for 34 elements. Four percent of the samples submitted to the lab were OREAS standards with known concentrations of each element. The lab was not informed of these concentrations and the returned values fell within acceptable range. Additionally, four percent of samples were blanks without gold; these blanks returned values of less than 5ppb Au, as anticipated.
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Forward-Looking Statement
This news release may contain certain 'forward-looking statements' within the meaning of applicable securities laws. Such statements include, but are not limited to, statements regarding the Company's exploration plans, results, and objectives. Forward-looking statements involve known and unknown risks, uncertainties, assumptions, and other factors that may cause the actual results, performance, or achievements expressed or implied by the forward-looking statements. These risks and uncertainties include, but are not limited to, exploration risks, commodity prices, market demand, and other factors beyond the Company's control. Any forward-looking statement speaks only as of the date of this news release and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events, or results, or otherwise.
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