The results reported today include the remaining five drill holes, 266 grab samples from systematic prospecting aimed at defining strike extensions of the known gold zones and discovering new gold zones, and 42 channel samples from the Goldhawk and Talon Zones.
Highlights
Drilling extends Goldhawk 200 metres southeast with hole LXR21-012 intersecting two, separate mineralized shear zones returning 2.01 g/t gold over 6.00 metres and 3.01 g/t gold over 6.00 metres
Prospecting discovers Goldhawk extension 1200 metres northwest with grab samples up to 12.45 g/t and 37.40 g/t gold
Talon extended 400 metres southeast with grab samples up to 10.75 g/t gold and a new 045o trending structural corridor, the 45 Zone, with grab samples ranging from 1.29 g/t to 5.12 g/t gold.
21 of the 30 channel samples taken at Goldhawk returned reportable gold values ranging from 1.42 g/t to 30.20 g/t over widths ranging from 0.4 to 3.0 metres
Eight (8) of the 12 channel samples at Talon returned reportable gold values ranging from 1.03 g/t to 12.48 g/t over 1 to 2 metre widths
'We are extremely pleased by the results of our 2021 campaign at
Maiden Drilling Campaign
The 12-hole, 2,654 metre maiden drill campaign, concluded in August, tested a number of targets on the Property. The Company reported the results of the first 7 holes completed on the Goldhawk and Goldfang targets on
Hole LXR21-012, the final hole drilled in the campaign, extended the
Hole LXR21-008 tested the eastern portion of the MM5 airborne electromagnetic (EM) anomaly. This anomaly is related to a 32 metre wide silicate facies iron formation with up to 15% disseminated to semi-massive sulphides. A 25.7 metre wide zone of anomalous copper (0.1 to 0.26%) and nickel (0.1 to 0.8%) was intersected within the iron formation.
Holes LXR21-009 and 010 were drilled 500 metres apart and tested the east-west Eli structure with historic quartz vein grab samples with 16.00 g/t and 25.00 g/t gold. LXR21-010 had a single intersection of 1.5 g/t gold over 1.50 metres in a sheared diorite with weak potassic alteration and
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