The Lac LaChance property,
The Lac Lachance property is located in the
The northern portion of the Lac Lachance claims cover electromagnetic anomalies associated with east-west trending fault zones on the northern limit of the Urban-Barry volcanic belt that hosts numerous gold deposits, including the
CSH will return to the Lac Lachance Property in 2022 and conduct several exploration programs on several known showings, including but not limited to; stripping of outcrop and channel sampling, geological field mapping, continuation with the building of the existing exploration model; drilling the high-value targets based on the existing data, field mapping and the 2022 season results.
Recent work by Osisko in the vicinity of the Lachance North claim group has indicated gold mineralization detected by diamond drilling associated with conductive sulphide zones. A 2018 Osisko report stated that drill hole OSK-UB-18-092, 'intersected 0.71 g/t Au over 1 metre. This grade is hosted in a massive sulphide zone within a strongly silicified unit of intermediate composition. Other anomalous gold values were intersected, ranging from 0.11 to 0.48 g/t Au, associated to other massive pyrrhotite-pyrite zones, often located at their contacts'.
Osisko drill hole OSK-UB-18-092 is located within 900m of
In addition, Noranda Exploration drilled three holes on the
The geological conditions that hosted gold mineralization on the Osisko property also exist on
The Keeley Frontier mine is located in the Silver Centre area of the South Lorrain township, just south of
CSH is planning to drill existing silver and cobalt targets to follow up on the successful drill programs of 2017/2018 and 2012 where the Company had previously intersected several rich silver intercepts.
Historically, the Keeley & Frontier mines are the most prolific past producing silver/cobalt mines in Canadian history by average grade per tonne. The two mines combined produced close to 20 million ounces of silver and 3.5 million pounds of cobalt; an average grade of 58 ounces of silver per tonne, and 3.5 pounds cobalt per tonne.
The Lost Dog property,
Results from the
The Company completed a maiden drill program on the Lost Dog property of just under 1000 metres in
Results of the maiden exploratory drill program were helpful in providing additional information on geology, structure and mineralization. The Company will return to re-examine the core and look to pull additional samples for assay, reporting on same as they become available.
About
Contact:
Tel: (416) 707-4230
Email: jhunter@cshi.ca
Notice Regarding Forward-Looking Information
Certain information set forth in this news release may contain forward-looking information that involves substantial known and unknown risks and uncertainties. This forward-looking information is subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including, but not limited to, the impact of general economic conditions, industry conditions, dependence upon regulatory approvals, and commodity prices. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward looking information. The parties undertake no obligation to update forward-looking information except as otherwise may be required by applicable securities law.
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