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Fabled Increase Mineralized Diorite Dike To +1,000 Meters in Strike Length and To -400 Meters Vertically, Remains Open in All Directions

VANCOUVER, BC / ACCESSWIRE / September 30, 2021 / Fabled Silver Gold Corp. ("Fabled" or the "Company") (TSXV:FCO)(OTCQB:FBSGF)(FRA:7NQ) announces the results…

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VANCOUVER, BC / ACCESSWIRE / September 30, 2021 / Fabled Silver Gold Corp. (“Fabled” or the “Company”) (TSXV:FCO)(OTCQB:FBSGF)(FRA:7NQ) announces the results of surface diamond drilling from the upgraded 14,200-meter drill program on the “Santa Maria” Property in Parral, Mexico.

Peter J. Hawley, CEO and President, remarks, “We are pleased to announce additional drill assay results for surface diamond drill holes SM20-31, SM20-32 and SM20-33, which continue to intercept the gold bearing sheeted vein structures with the grade and amount of sulphides increasing with depth. See Figure 1 below.”

Preamble
A sheeted vein structure is a hydrothermal, intrusive related sets of parallel quartz sulphide veins spatially associated with a nearby intrusive. They are closely spaced, distinct parallel fractures or veins filled with mineralization and separated from one another by thin screens or areas of barren country rock. Typically, they will become closer and closer together and mineralization with an increase in silification will be seen as one approaches the intrusive body, which is the source of the mineralization.

Given these new assay results from this new sheeted gold domain system, we once again find ourselves refining the interpretation of structural controls as seen in Figure 1, which is an isopac contour of gold grade multiplied by thickness. The new results have yet to be added.

Figure 1 – Longitudinal View of Area of Current Drilling

The fence of drill holes SM20-31,32 and 33 are located 75 meters to the west of drill collars SM20-28, 29 and 30, last reported, and were designed to tighten up the interpretation of the boundaries once again of the new Santa Maria gold domain structure with respect to the highly auriferous sheeted vein intersected to the east in the previous fence of hole.

The drill holes targeted intercepting the main gold trend at vertical depths of -100, -150, and -175 meters, respectively. As one can see, the interpreted mineral / structural thesis which includes gold mineralization is plunging 45 degrees to the west and continues to validate the interpretation. The gold domain remains open in all directions, especially at depth. See Figure 2, below.

Figure 2 – Cross Section for Drill Hole SM20-31,32,33

As previously mentioned in press releases, any vein sheet, micro or macro in size, grading greater than 0.50 g/t gold is highly anomalous and of potential economic interest. Of the 3 holes being reported in this release, 31, 32 and 33 reported approximately 98% of sampled intervals above the gold detection limit. To continue to explain the significance of this hydrothermal gold domain system, the holes and sections below will report all values greater than 0.10 g/t Au cut-off to demonstrate the gold population in the sheeted veins, hydrothermal breccias and mineralized diorite. We apologize that each hole results will be plotted on a duplicate section as there are too many intercepts to plot on one section.

SM20 – 31

A gray to green in color layered limestone containing 15% disseminated sulphides with occasional sheeted quartz veins with 1% sphalerite was intersected from the collar to approximately 90 meters, this was followed by a quartz oxidized cemented hydrothermal breccia with oxidized pyrite, followed by a green to gray in color, massive to locally brecciated, porphyritic diorite dike with semi-massive sulphides in local breccias.

A total of 17 intercepts of 0.10 g/t gold or greater were intersect in the hole either in sheeted vein structures, hydrothermal breccias or in the diorite dike including 1.30 meters of 12.05 g/t Au or 650.85 g/t Ag Eq.

See Table 1, Photo 1 and Figure 3 below.

Table 1- Drill hole SM20- 31 Assay Results

Drill Hole

From m

To m

Width m

Au g/t

Ag g/t

AgEq* g/t

Pb %

Zn %

Cu %

SM20-31

57.00

58.00

1.00

0.10

9.60

14.74

0.23

0.50

0.01

 

59.70

60.00

0.30

0.12

5.80

11.97

0.02

0.01

0.01

 

63.30

64.50

1.20

0.14

5.50

12.70

0.02

0.01

0.01

 

64.50

65.20

0.70

0.18

10.30

19.56

0.18

0.49

0.01

 

81.60

93.90

12.30

1.42

8.04

81.08

0.06

0.16

0.01

Including

84.00

85.50

1.50

0.10

3.80

8.94

0.02

0.05

0.01

Including

85.50

86.00

0.50

0.13

8.70

15.39

0.01

0.04

0.01

Including

86.00

87.30

1.30

0.21

4.50

15.30

0.00

0.02

0.02

Including

87.30

89.50

2.20

0.33

3.90

20.88

0.00

0.01

0.01

Including

89.50

91.20

1.70

0.12

3.90

10.07

0.02

0.01

0.01

Including

91.20

92.50

1.30

12.05

31.00

650.85

0.10

0.02

0.02

Including

92.50

93.19

1.40

0.17

6.10

14.84

0.08

0.02

0.02

 

100.80

102.00

1.20

0.25

3.70

16.56

0.10

0.11

0.02

 

161.70

162.60

0.90

0.16

14.50

22.73

0.34

0.49

0.01

 

162.60

164.10

1.50

0.10

5.50

10.64

0.03

0.09

0.00

 

164.80

166.00

1.20

0.21

27.65

38.45

0.07

0.26

0.02

Including

164.80

165.70

0.90

0.24

15.40

27.75

0.09

0.29

0.02

 

165.70

166.00

0.30

0.11

64.40

70.06

0.03

0.14

0.01

 

177.90

178.90

1.00

0.55

13.80

42.09

0.01

0.02

0.00

  • ** Ag Equivalent (“Ag Eq”) grade is calculated using $20 per ounce Ag and $1,600 Au

Photo 1 – SM20-31

Figure 3 – Cross Section for Drill Hole SM20-31

SM20-32

Surface diamond drill hole SM20-32 was drilled underneath hole 31 at -55 degrees to target an intercept at -150 meters and was successful.

A gray to green in color layered limestone containing 10 – 15% disseminated sulphides with occasional sheeted quartz veins with 1% sphalerite was intersected from the collar to approximately 84 meters, followed by 27 meters of greenish limestone, with strong to moderate alteration consisting of oxidation with sericite and chlorite, locally brecciated and 10 meters of oxidized hyrothermal breccia, quartz cemented with 5-10% disseminated pyrite, followed by 10 meters of mineralized diorite dike and finally layered limestone.

This time a total of 13 intercepts of 0.10 g/t gold were intersect in the hole either in sheeted vein structures, hydrothermal breccias or diorite dike. In particular 2.9 meters grading 2.16 g/t Au containing 0.6 meters of 9.14 g/t Au. This correlates to hole 31, +50 meters above intercept of 12.30 meters grading 1.42 g/t Au which contained 1.30 meters of 12.05 g/t Au.

See Table 2, Photo 2 and Figure 4 below.

Table 2- Drill hole SM20-32 Assay Results

Drill Hole

From m

To m

Width m

Au g/t

Ag g/t

Ag Eq* g/t

Pb %

Zn %

Cu %

SM20-32

40.20

40.80

0.60

0.16

13.90

22.13

0.09

0.60

0.02

 

78.40

78.90

0.50

0.43

29.90

52.02

0.30

0.32

0.17

 

83.55

83.70

0.15

0.15

6.00

13.72

0.00

0.00

0.00

 

89.90

90.60

0.70

0.11

11.00

16.66

0.13

0.09

0.01

 

90.60

90.90

0.30

0.54

32.10

59.88

0.98

2.80

0.15

 

94.00

94.20

0.20

0.12

1.00

7.17

0.03

0.03

0.00

 

108.20

109.00

0.80

0.17

3.60

12.34

0.02

0.07

0.01

 

112.00

114.90

2.90

2.16

21.68

132.29

0.23

0.24

0.08

Including

112.00

113.00

1.00

0.53

24.80

52.11

0.33

0.43

0.10

Including

113.00

114.30

1.30

0.20

20.60

30.89

0.20

0.15

0.09

Including

114.30

114.90

0.60

9.14

18.80

488.96

0.12

0.11

0.04

 

120.00

120.80

0.80

0.40

2.90

23.48

0.03

0.04

0.01

 

124.40

124.80

0.30

0.10

9.60

14.74

0.15

0.51

0.02

 

129.20

130.50

1.30

0.17

2.30

11.04

0.02

0.09

0.01

  • ** Ag Equivalent (“Ag Eq”) grade is calculated using $20 per ounce Ag and $1,600 Au

Photo 2- Hole SM20-32

Figure 4 – Cross Section for Drill Hole SM20-32

SM20-33

Surface diamond drill hole SM20-33 was drilled underneath hole 32 at -65 degrees to target an intercept at -175 meters and was again successful.

A green layered limestone containing oxidized micro fractures with 10 – 15% disseminated sulphides was intersected from the collar to approximately 93 meters, followed by 60.5 meters of greenish limestone, strong to moderate alteration consisting of oxidation with sericite and chlorite, locally brecciated and 10 meters oxidized hyrothermal breccia, quartz cemented with 5-10% disseminated pyrite, followed by 50 meters of gray to green in color mineralized porphyritic diorite dike with sphalerite, chalcopyrite and lesser pyrite in the matrix and in fractures.

A total of 17 intercepts in the hole reported greater than 0.10 g/t gold. Also intersected was the base metal feeder type mineralization seen in hole 29 with 0.20 meters 0f 85.83 g/t Ag Eq with 0.67% copper and 0.60 meters of 1% lead and 2.65 % zinc.

See Table 3, Photos 3, 4, 5 and Figure 5 below.

Table 3- Drill hole SM20-33 Assay Results

Drill Hole

From m

To m

Width m

Au g/t

Ag g/t

Ag Eq* g/t

Pb %

Zn %

Cu %

SM20-33

80.40

95.60

15.20

0.10

5.31

10.45

0.07

0.10

0.02

Including

80.40

81.70

1.30

0.15

11.50

19.22

0.14

0.22

0.01

Including

89.20

93.30

4.10

0.15

6.29

14.01

0.11

0.12

0.01

Including

89.20

89.70

0.50

0.20

7.10

17.39

0.21

0.10

0.03

Including

90.50

91.50

1.00

0.18

6.00

15.26

0.15

0.17

0.01

Including

91.50

93.30

1.80

0.16

7.10

15.33

0.08

0.12

0.01

 

98.80

100.40

1.60

0.54

4.10

31.88

0.09

0.06

0.01

Including

98.80

99.60

0.80

0.15

1.60

9.32

0.01

0.01

0.00

Including

99.60

100.40

0.80

0.92

6.60

53.92

0.16

0.10

0.01

 

116.25

116.60

0.35

0.10

1.80

6.94

0.01

0.09

0.00

 

119.50

123.40

3.90

0.15

2.01

9.73

0.01

0.02

0.01

Including

119.50

121.00

1.50

0.10

2.00

7.14

0.01

0.02

0.01

Including

121.00

121.20

0.20

0.37

8.90

27.93

0.01

0.01

0.05

Including

121.20

121.50

0.30

0.23

3.70

15.53

0.01

0.02

0.04

Including

122.00

123.40

1.40

0.20

1.10

11.39

0.01

0.01

0.01

 

171.30

171.50

0.20

0.16

77.60

85.83

0.02

0.03

0.67

 

205.30

206.60

1.30

0.17

5.40

14.14

0.27

0.23

0.02

 

217.40

218.00

0.60

0.16

3.50

11.73

0.02

0.18

0.00

 

218.00

218.70

0.70

0.15

1.60

9.32

0.02

0.02

0.00

 

220.10

220.70

0.60

0.05

20.00

22.57

1.00

2.65

0.02

  • ** Ag Equivalent (“Ag Eq”) grade is calculated using $20 per ounce Ag and $1,600 Au

Photo 3- Hole SM20-33; Limestone with sheeted veining

Photo 4- Hole SM20-33;

Photo 5- Hole SM20-33;

Figure 5 – Cross Section for Drill Hole SM20-33

Discussion

It now is the belief, that the mineralized diorite dike being encountered in present drilling or re-logged in past historical drilling is the direct cause of the hydrothermal gold domain system and increases with mineralization at depth. The emplacement of the dike caused breccias and sheeted veins to the sides of the walls over considerable widths. The sheeted veins may have been shatter veins replaced with quartz, carbonate and mineralization. The previous modeled diorite dike over a distance of 440 meters has now been modeled to extend at least 1,000 meters in length and 400 meters at depth, open in all directions. Modelling is ongoing.

Figure 6 – Mineralized Diorite Dike Model

FUTURE DRILLING UPDATE

The fence of drill holes SM20-34, 35 and 36 are located another 75 meters to the west of drill collars SM20-31, 32 and 33 and are the last fence of holes to be drilled near our western boundary. This last fence of holes have been designed once again to again tighten up the interpretation or boundaries of the new Santa Maria gold structure and its relationship to the diorite dike system, see Figure 1 and Figure 6 above.

Drill holes SM20-34 – 36 have been completed and submitted for assay. Hole SM20-37 is in progress and is located at collar location of holes SM 20 – 28., 29 30 and has been designed to make a deep cut at depth under hole 30. Sites for other holes are being planned, subject to assays results and structural / dike interpretation.

QA QC Procedure

Analytical results of sampling reported by Fabled Silver Gold represent core samples that have been sawn in half with half of the core sampled and submitted by Fabled Silver Gold staff directly to ALS Chemex, Chihuahua, Chihuahua, Mexico. Samples were crushed, split, and pulverized as per ALS Chemex method PREP-31, then analyzed for ME-ICP61 33 element package by four acid digestion with ICP-AES Finish. ME-GRA21 method for Au and Ag by fire assay and gravimetric finish, 30g nominal sample weight.

Over Limit Methods

For samples triggering precious metal over-limit thresholds of 10 g/t Au or 100 g/t Ag, the following is being used:

Au-GRA21 Au by fire assay and gravimetric finish with 30 g sample.

Ag-GRA21 Ag by fire assay and gravimetric finish.

Fabled Silver Gold monitors QA/QC using commercially sourced standards and locally sourced blank materials inserted within the sample sequence at regular intervals.

About Fabled Silver Gold Corp.

Fabled is focused on acquiring, exploring and operating properties that yield near-term metal production. The Company has an experienced management team with multiple years of involvement in mining and exploration in Mexico. The Company’s mandate is to focus on acquiring precious metal properties in Mexico with blue-sky exploration potential.

The Company has entered into an agreement with Golden Minerals Company (NYSE American and TSX: AUMN) to acquire the Santa Maria Property, a high-grade silver-gold property situated in the center of the Mexican epithermal silver-gold belt. The belt has been recognized as a significant metallogenic province, which has reportedly produced more silver than any other equivalent area in the world.

Mr. Peter J. Hawley, President and C.E.O.
Fabled Silver Gold Corp.
Phone: (819) 316-0919
[email protected]

For further information please contact:
[email protected]

The technical information contained in this news release has been approved by Peter J. Hawley, P.Geo. President and C.E.O. of Fabled, who is a Qualified Person as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

Neither the TSX Venture Exchange nor its Regulations Service Provider (as that term is defined in the policies of the TSX Venture Exchange) does accept responsibility for the adequacy or accuracy of this news release.

Certain statements contained in this news release constitute “forward-looking information” as such term is used in applicable Canadian securities laws. Forward-looking information is based on plans, expectations and estimates of management at the date the information is provided and is subject to certain factors and assumptions, including, that the Company’s financial condition and development plans do not change as a result of unforeseen events and that the Company obtains any required regulatory approvals.

Forward-looking information is subject to a variety of risks and uncertainties and other factors that could cause plans, estimates and actual results to vary materially from those projected in such forward-looking information. Some of the risks and other factors that could cause results to differ materially from those expressed in the forward-looking statements include, but are not limited to: impacts from the coronavirus or other epidemics, general economic conditions in Canada, the United States and globally; industry conditions, including fluctuations in commodity prices; governmental regulation of the mining industry, including environmental regulation; geological, technical and drilling problems; unanticipated operating events; competition for and/or inability to retain drilling rigs and other services; the availability of capital on acceptable terms; the need to obtain required approvals from regulatory authorities; stock market volatility; volatility in market prices for commodities; liabilities inherent in mining operations; changes in tax laws and incentive programs relating to the mining industry; as well as the other risks and uncertainties applicable to the Company as set forth in the Company’s continuous disclosure filings filed under the Company’s profile at www.sedar.com. The Company undertakes no obligation to update these forward-looking statements, other than as required by applicable law.

SOURCE: Fabled Silver Gold Corp.

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Kiplin Metals Looks to Expand Uranium Project Portfolio Athabasca, Saskatchewan, Canada

 

Vancouver, British Columbia – TheNewswire – October 25th, 2021  – Kiplin Metals Inc. (the “Company”) (TSXV:KIP) (Frankfurt: 17G1) announces…

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Vancouver, British Columbia – TheNewswire – October 25th, 2021  – Kiplin Metals Inc. (the “Company”) (TSXV:KIP) (Frankfurt: 17G1) announces that its board of directors has commenced a strategic review of several uranium projects in Athabasca, Saskatchewan, Canada with the plan to expand the Company’s project portfolio.

Peter Born, Director of the Company commented; “after considerable consultation with our strategic advisors, the board has determined that, given the deep technical knowledge of our team, combined with the global initiative to transition the world’s energy needs away from fossil fuels, the company has initiated a strategic review of several uranium projects in Athabasca, Saskatchewan.  The company’s technical team has extension experience with uranium exploration and we are confident the addition will bring significant value to Kiplin Metals shareholders.”

About Kiplin Metals

Kiplin Metals is an early-stage exploration and development mining company.  The Company’s management understands that the greatest value creation for shareholders is through the discovery, and development of mineral resources, therefore the company focuses on project that can provide such impact.  Kiplin Metals has the rights to two highly perspective minerals exploration assets in Canada, a region in the world known for its resources, collaborative regulatory structure and stable economic and political environment.  

The Exxeter Gold Project covers an area of 715ha located in Val d’Or Quebec, one of the premier gold camps in the world which produced over 113.4M oz Au by the end of 2019. The project covers 3.8km of the Cadillac Tectonic zone, which is the principal geologic structure responsible for cold mineralization in the Val d’Or.

The Lac Rochester Copper Project is located on the eastern border of the Val d’Or mining camp, 50km southeast of the city of Val D’Or, and 14km south of the Company’s flagship property, the Exxeter Gold Project. Past exploration of the Lac Rochester Copper Project has identified multiple high copper and iron values, concurrent with a large, northeast trending magnetic anomaly.

For further information, contact the Company at 604-622-1199.

On behalf of the Board of Directors,

“Peter Born”

Director

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.

Copyright (c) 2021 TheNewswire – All rights reserved.



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Today’s News

Klondike Gold Closes First Tranche Raising $2,242,851

NEW YORK, NY / ACCESSWIRE / October 25, 2021 / Klondike Gold Corp. (TSXV:KG)(FRA:LBDP)(OTC PINK:KDKGF) ("Klondike Gold" or the "Company") is pleased to…

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NEW YORK, NY / ACCESSWIRE / October 25, 2021 / Klondike Gold Corp. (TSXV:KG)(FRA:LBDP)(OTC PINK:KDKGF) (“Klondike Gold” or the “Company”) is pleased to announce that further to its news release of September 30, 2021, the Company has closed the first tranche (the “First Tranche”) of its non-brokered private placement financing, raising $2,242,851.25 of which $1,935,000 is flow through funds. The Company anticipates to close the balance of the financing in the coming weeks.

In closing the First Tranche, the Company issued 9,675,000 flow-through units at the price of $0.20 per unit, comprising of 9,675,000 common shares which are “flow through” shares for Canadian income tax purposes and 4,837,500 warrants. The Company further issued 1,759,150 non-flow-through units at a price of $0.175 per unit, comprising of 1,759,150 common shares and 879,575 warrants.

All warrants issued in the First Tranche of the financing are exercisable at a price of $0.25 per share until October 22, 2023.

All securities issued in connection with the First Tranche are subject to a four month and one day statutory hold period expiring on February 23, 2022, in accordance with applicable securities laws and the policies of the TSX Venture Exchange.

The Company intends to use the proceeds from the financing to continue exploration and development of the Company’s Yukon properties, as well as for general working capital.

ABOUT KLONDIKE GOLD CORP.

Klondike Gold Corp. is a Vancouver based gold exploration company advancing its 100%-owned Klondike District Gold Project located at Dawson City, Yukon Territory, one of the top mining jurisdictions in the world. The Klondike District Gold Project targets gold associated with district scale orogenic faults along the 55-kilometer length of the famous Klondike Goldfields placer district. To date, multi-kilometer gold mineralization has been identified at both the Lone Star Zone and Stander Zone, among other targets. The Company is focused on exploration and development of its 586 square kilometer property accessible by scheduled airline and government-maintained roads located on the outskirts of Dawson City, YT within the Tr’ondëk Hwëch’in First Nation traditional territory.

ON BEHALF OF KLONDIKE GOLD CORP.

“Peter Tallman”
President and CEO
(604) 609-6138
E-mail: [email protected]
Website: www.klondikegoldcorp.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Disclaimer for Forward-Looking Information

“This press release contains “forward-looking information” and “forward-looking statements” within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as “may,” “will,” “should,” “anticipate,” “plan,” “expect,” “believe,” “estimate,” “intend” and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Klondike in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Klondike’s actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.

Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management’s Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Klondike disclaims any obligation to update or revise any forward-looking information or statements except as may be required.”

SOURCE: Klondike Gold Corp.

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Discovery Harbour Announces Results from First of Five Drill Holes on Caldera Gold Property, Nevada

Vancouver, British Columbia–(Newsfile Corp. – October 25, 2021) – Discovery Harbour Resources Corp. (TSXV: DHR) (OTC Pink: DCHRF) (FSE: 4GW) (the "Company"…

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Vancouver, British Columbia–(Newsfile Corp. – October 25, 2021) – Discovery Harbour Resources Corp. (TSXV: DHR) (OTC Pink: DCHRF) (FSE: 4GW) (the “Company” or “Discovery Harbour“) announces that the first of five drill holes results have been received from the Company’s Caldera drill program. Selected core from each of the five holes has been sent for analysis, with the next results expected in late November. The initial drill hole, CP21-01, has anomalous gold results up to 324 parts per billion gold over 1.4 metres. The drillhole intersected primarily volcanic tuffs, moderate to strong propylitic and argillic / sericitic alteration as well as multiple fault zones.

The Company completed drilling a total of slightly over 1900 metres, testing five low sulphidation epithermal gold targets (see map below) on the Caldera Property. Each hole was deeper than any previous drilling on Caldera and each site was selected to test the boiling zone, typically found at approximately 300+ metres below the paleo-surface, where precious metals are concentrated. The Caldera gold property lies in a fertile gold region at the intersection of the Walker Lane and Northumberland Gold Belts northwest of Tonopah, Nevada.

Caldera Gold Project, Completed Drill Holes

To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/1559/100776_fc1ee2a344e1c8fb_001full.jpg.

Alan Morris, CPG, is the Qualified Person for Discovery Harbour as defined in NI 43-101 and has reviewed and approved the technical contents of this news release.

About Discovery Harbour
Discovery Harbour is focused on sourcing, exploring and developing mineral properties in mining-friendly jurisdictions. Its current primary focus is the drill program on Caldera, a low sulphidation epithermal gold project in Nevada. Additionally, Discovery Harbour has an agreement with Newcrest Mining Limited on its Fortuity 89 property in Nevada.

ON BEHALF OF THE BOARD OF DISCOVERY HARBOUR RESOURCES CORP.

“Mark Fields”

Mark Fields, B. Sc. (Geology), B.Comm.(Hon.)
President and Chief Executive Officer
Discovery Harbour Resources Corp.
Tel: (604) 681-3170
Fax: (604) 681-3552

Disclaimer for Forward-Looking Information
This news release contains forward‐looking information that involves various risks and uncertainties regarding future events. Such forward‐looking information can include without limitation statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance of Discovery Harbour, such as statements that Discovery Harbour intends to pursue the Caldera Project. There are numerous risks and uncertainties that could cause actual results and Discovery Harbour’s plans and objectives to differ materially from those expressed in the forward‐looking information, including: (i) adverse market conditions; (ii) exploration results, (iii) permitting requirements or (iv) the financial position of the Company. Actual results and future events could differ materially from those anticipated in such information. These and all subsequent written and oral forward‐looking information are based on estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. Except as required by law, Discovery Harbour does not intend to update these forward‐looking statements.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/100776







newcrest mining limited

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