2019 Geological Sampling Results:
Glossie Main Shaft and Eastern Shaft Channel sample assays (200 feet apart):
- Channel sample G1 taken as the West wall of the Eastern shaft assayed 2.85% Copper/tonne, 8.4 g/t Silver and 0.19 g/t Gold across a width of 1.8 meters, 5.5 feet.
- Channel sample G2 taken at the East wall of the Eastern shaft assayed 2.6% Copper/tonne, 9.0 g/t Silver and 0.12 g/t Gold over a width of 1.4 meters, 4.5 feet.
- A grab sample of G3 assayed 11.2% Copper/tonne, 32 g/t Silver and 0.12 g/t Gold. Taken approximate 122 meters (400 feet) along the Glossie fault strike Southeast of the Eastern Glossie shaft.
- Sample G4 shaft dump assayed 4.7% Copper/tonne, 36 g/t Silver and 0.22 g/t Gold.
Channel samples are taken in order to obtain the most representative sample possible of the mineralization hosted on the property, but grab and dump samples are not necessarily representative of the mineralization hosted on the property.
Diamond Drill Program Recommendations:
2 Drill pads were recommended based on the geologic study:
- Drill Pad 1 composed of 6 Diamond Drill Holes have been proposed to establish the strong, confirmed, structural continuity of the enriched mineralized structures between the Glossie/Forge shaft and the Glossie Eastern shaft.
- Drill Pad 2 recommends 4 Diamond Drill Holes to target the main Glossie quartz vein structural extension to the Southeast.
Michael J. Skopos P.Geo Recommends an initial definitive 10 diamond drill hole program for the
The geology and geophysics of the
The
"Some of the earliest work within the Guichon Batholith was related to the exploration of the Glossie mineral occurrence. In 1915 a significant mining Camp, "Glossie City" was established in the Glossie occurrence area. During that year exploration shafts on the Glossie veins produced bulk samples which assayed 0.93 g/T Au, 92.35 g/T Ag and 12.62% Cu (Brewer 1916)."
"Two of these structures, the North Glossie and Glossie Faults have orientations which are kinematically compatible with formations of faults, like the Highland Valley Fault system. The Highland Valley Fault has been long recognized to play a critical role in the location of both porphyry mineralized zones and higher grade structurally controlled vein zones. This relationship may also apply to the North Glossie and Glossie Faults."
P. Geologist.
The data from the mapping program performed by
The writer believes a geological model can be started by diamond drilling and targeting the strong confirmed continuity of the mineralization and strike length of the structurally controlled mineralized zone of the main
This News Release was reviewed and approved by Michael J. Skopos AIPG, AIME, GAC, GSN Qualified Person under NI 43-101and accepts responsibility for its contents.
The foregoing statements are forward-looking statements but reflect the current expectations of management with respect to future events and performance. Wherever used, the words "may," "will," "anticipate," "intend," "expect," "plan," "believe," and similar expressions identify forward-looking statements. Forward-looking statements should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether, or the times at which, such performance or results will be achieved.
Forward-looking statements are based on information available at the time they are made, assumptions made by management, and management's good faith belief with respect to future events, and are subject to the risks and uncertainties of mineral exploration.
ON BEHALF OF THE BOARD OF DIRECTORS
The
SOURCE
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