The Property is located 4 kilometres ('km') east of the village of
As reported on
The surface exposure for the combined Eagle and Eagle South Zones has now been expanded to a 400 m strike length and up to 150 m in projected width to surface. The Eagle and Eagle South Zones together with the Upper Eagle gold-in-soil anomaly are still open to expansion to the southeast and to depth.
Three samples were collected from the E5 prospect at three different locations over a 40 m distance across Eagle South. Samples exhibited iron carbonate alteration, strong hematite altered shearing, and arsenopyrite, stibnite, scorodite and chrome mica. The samples assayed 21.20 gpt, 15.30 gpt, and 7.01 gpt gold. The chrome mica suggests the presence of ultramafic rocks that have been altered. The E5 prospect is located on surface 150 m southeast of DDH21-006 which intersected 8.62 gpt gold over 24.4 m including 17.02 gpt gold over 4.3 m and is currently interpreted to be a southeastern extension of the
The E7 prospect is located an additional 130 m to the southeast of E5 and 270 m southeast of DDH21-006. Two samples were collected from poorly exposed and partly oxidized outcrop exhibiting iron carbonate alteration and hematite shearing including a narrower stibnite-arsenopyrite bearing quartz vein. Chip sample B838875 returned 9.66 gpt gold and 3,050 ppm antimony ('Sb') over 2.5 m across the exposure. A representative grab sample B838876 returned 12.9 gpt gold and 1.83 % Sb from the 0.5 m wide stibnite-arsenopyrite vein.
The E5 prospect has been partially tested with diamond drill holes DDH21-014, DDH21-015, and DDH21-020 completed in late
These outcrop sample results are very encouraging and continue to demonstrate the excellent exploration potential on the Reliance Property. The Company plans to complete systematic channel sampling in these outcrop areas. Exploration plans, when finalized, will include maiden drill testing of the E7 prospect, the Upper Eagle gold-in-soil anomaly, and further drilling at the E5 prospect with the objective of expanding and defining the
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Grab and chip samples are selective by nature and were collected at locations where elevated XRF values for pathfinder elements were identified and are unlikely to represent average grades on the property or within the target areas.
Diamond drill core was logged and evaluated on the Property and samples designated for collection under the supervision of a geologist at the property. Drilling was completed using a skid mounted Hydracore 2000 equipped with NQ size tools capable of collecting 4.76 cm diameter core. Diamond drill core was cut using a diamond drill saw with one half of the core sent for analysis and the remaining kept for future studies. Sample intervals were typically 2 metre core length and intervals were shortened for lithology or alteration changes. For drilled and sampled intervals of poor average core recovery, the complete core was sampled and sent to the laboratory for assay analysis. All grab, chip samples and diamond drill core samples have been submitted to ALS Global in
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