Golden Birch Resources Inc. Announces Exploration Updates
Golden Birch Resources Inc. announced exploration updates to its drill program at the Omu prospect, Keveri Project, in Papua New Guinea. Exploration Highlights include: The Company's drill program in PNG has been interrupted by COVID-19 related factors. However, the Company has received the assay results on its first hole, Hole OMU21DD001, which was completed on February 12, 2021 to a depth of 217.1 metres ("m"); This first drill hole provided valuable information about the mineralized system present at Omu and enables the Company to more fully understand and plan future drill holes; The hole yielded 10m of 0.1% Copper ("Cu") at 36m, 4m of 0.11% Cu at 84m, and 4m of 0.2% Cu at 212.1m; Variable copper mineralization from 38m to 217m downhole is associated with strong epidote alteration and fracturing evidence of hydrothermal alteration; The Company believes that Hole OMU21DD001 intersected the outer parts of a mineralized system which is structurally controlled. The weak copper mineralization in Hole OMU21DD001 represents the up-dip portion of the IP Main Target anomaly; The Company is working towards completing 3,000m of drilling to earn a 51% interest in the Keveri Exploration License, with the objective of then completing a further 10,000m to earn an 85% interest in Exploration License. Due to COVID-19, exploration activities for the Keveri Project have been paused and will resume when the situation presents a lower risk for workers and local landowners associated with the project. Golden Birch maintains a minimal crew at the Waki Camp.