The property is located directly to the west of the
Significant intersections from the drilling to date include 86.2 g/t (grams per tonne) over 0.5 m ( meters) and 5.11 g/t over 0.97 m, both in BAL21-024. The two intersections are located at downhole depths of 922.81 and 1079.15 m downhole, respectively with the first intercept being within a distinct quartz-carbonate vein containing visible gold and the second being from within a shear zone along the margin of a syenitic intrusive body.
Additionally, the Company has also identified a second intersection of visible gold hosted by a quartz-carbonate vein in BAL21-021, at a downhole depth of 326 m. The Company is awaiting metallic screen assay results for Hole 021 and will report the results upon receipt
Description of the Geology from the Two Gold Intersections in Hole 024
The result of 86.2 g/t gold over 0.5 metres beginning at 922.81 meters includes a breccia-textured quartz-carbonate vein that hosts visible gold along with trace amounts of pyrite and chlorite; the gold-bearing vein is itself hosted by a gray to reddish conglomerate that is affected by moderate hematite alteration.
A second intersection of 5.11 g/t gold over 0.97 m starting at 1079.15 m downhole is associated with the sheared contact between a gray to reddish intrusive sheet of mafic syenite composition and a foliated conglomerate that preserves moderate pervasive carbonate and hematite alteration and low concentrations (0.5% to 1.0%) of very fine-grained disseminated pyrite.
The new gold intersections reported herein for Holes 021 (assays pending) and 024 confirm the prospectivity of the
'These early results from Phase 2's drill program are clearly encouraging and consistent with the gold mineralized trends at Macassa and the entire Kirkland Lake camp. We are also particularly encouraged that the geophysically-derived model we deployed for Phase 2 successfully delineated the structural setting where we encountered high-grade and shear-zone associated gold in Holes 021 and 024. We now have a reliable model and will assist in future targeting on what is sure to be reinvigorated exploration activities for our
About the
About
Mistango is a Canadian-based exploration and development company focused on its
Contact:
Tel: 416.644.1567
Email: sstewart@oregroup.ca
Web: www.Mistango.com
This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. Mistango assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws applicable to Mistango.
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