Following up on high-grade results previously reported on the
Key Highlights from rock outcrop sampling:
- 15.90 g/t Au, 987 g/t Ag, 0.29 % Cu, 17.55 % Pb and 6.99 % Zn (W489424),
- 0.55 g/t Au, 2900 g/t Ag, 2.24 % Cu, 4.24 % Pb and 0.24 % Zn (W500261),
- 1.95 g/t Au, 1870g/t Ag and 5.93 % Cu (W489429),
- 1.97 g/t Au, 1775 g/t Ag and 3.20 % Cu (W500259),
- 1.67 g/t Au, 201 g/t Ag and 9.71 % Cu (W500257), and
- 0.73 g/t Au, 1105 g/t Ag, 1.67 % Cu, 0.65 % Pb and 0.28 % Zn (D791529).
Images from samples in link (here).
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Located in the southern part of the
On the left side of Figure 3, the vein sampled (W489429) is within a shear zone transecting a weathered diorite. Several stains of malachite are visible in the walls rock. Several sampled veins are in similar context. On the right side, the vein sampled (W489427) is visible going uphill several tens of metres. Structural measurements were taken when possible to aid in understanding the trends of mineralization for future drilling.
At this point, mainly veins bearing chalcopyrite, pyrite, malachite, azurite and often galena and sphalerite, were sampled. The dominant host rock is interpreted to be a diorite.
All samples were taken on outcrops unless specified otherwise. The location of collected samples is illustrated in Figure 2, while the samples details are listed in Table 1.
Sample | Au (g/t) | Ag (g/t) | Cu (%) | Pb (%) | Zn (%) | Au Eq g/t |
D791524 | 0.038 | 10.6 | 0.025 | 0.169 | 0.008 | 0.264 |
D791525 | 7.390 | 33.8 | 2.270 | 0.001 | 0.002 | 10.999 |
D791526 | 0.010 | 2.6 | 0.012 | 0.001 | 0.002 | 0.059 |
D791527 | 0.134 | 29.5 | 0.982 | 0.001 | 0.009 | 1.879 |
D791528 | 0.015 | 19.9 | 0.635 | 0.194 | 0.006 | 1.221 |
D791529 | 0.727 | 1105 | 1.665 | 0.648 | 0.276 | 16.766 |
D791530 | 0.124 | 121 | 0.144 | 0.056 | 0.184 | 1.881 |
D791531 | 0.102 | 61.9 | 0.419 | 0.002 | 0.023 | 1.450 |
D791532 | 0.011 | 7.3 | 0.399 | 0.001 | 0.003 | 0.663 |
D791533 | 0.174 | 33.2 | 1.420 | 0.003 | 0.003 | 2.579 |
D791534 | 0.070 | 21.1 | 0.329 | 0.002 | 0.004 | 0.791 |
D791535 | 0.203 | 12.6 | 0.076 | 0.002 | 0.003 | 0.464 |
D791536 | 0.049 | 19.8 | 0.271 | 0.001 | 0.011 | 0.675 |
D791537 | 0.002 | 0.4 | 0.003 | 0.001 | 0.001 | 0.012 |
D791538 | 0.125 | 97.4 | 0.094 | 0.087 | 0.185 | 1.538 |
W386307 | 0.756 | 13.2 | 0.014 | 0.019 | 0.019 | 0.949 |
W386308 | 2.070 | 33.0 | 2.310 | 0.005 | 0.016 | 5.733 |
W386309 | 0.35 | 3.1 | 0.007 | 0.005 | 0.002 | 0.400 |
W386310 | 1.365 | 0.7 | 0.002 | 0.001 | 0.001 | 1.377 |
W386311 | 0.959 | 23.7 | 0.465 | 0.004 | 0.007 | 1.905 |
W386312 | 0.674 | 11.2 | 0.066 | 0.003 | 0.006 | 0.906 |
W386313 | 1.065 | 301 | 1.015 | 0.012 | 0.156 | 6.199 |
W386314 | 2.520 | 33.1 | 1.675 | 0.003 | 0.009 | 5.285 |
W386315 | 0.022 | 0.9 | 0.097 | 0.001 | 0.008 | 0.173 |
W489418 | 1.020 | 49.2 | 0.574 | 0.015 | 0.008 | 2.432 |
W489423 | 0.025 | 0.1 | 0.001 | 0.001 | 0.001 | 0.028 |
W489424 | 15.90 | 987 | 0.290 | 17.550 | 6.990 | 37.159 |
W489425 | 0.357 | 32.0 | 2.350 | 0.080 | 0.023 | 4.093 |
W489426 | 1.605 | 264 | 0.860 | 0.041 | 0.042 | 6.039 |
W489427 | 0.230 | 188 | 3.150 | 0.004 | 0.152 | 7.003 |
W489428 | 1.235 | 165 | 1.370 | 0.006 | 0.034 | 5.176 |
W489429 | 1.945 | 1870 | 5.930 | 0.012 | 0.109 | 32.952 |
W489430 | 0.097 | 455 | 0.985 | 0.272 | 0.086 | 7.114 |
W489431* | 0.087 | 43.8 | 0.308 | 0.004 | 0.009 | 1.055 |
W489432* | 1.110 | 1220 | 1.030 | 0.183 | 0.073 | 17.401 |
W489433 | 0.576 | 243 | 0.555 | 0.134 | 0.119 | 4.389 |
W496066 | 0.002 | 2.6 | 0.005 | 0.002 | 0.004 | 0.043 |
W496067 | 0.002 | 0.7 | 0.004 | 0.001 | 0.003 | 0.018 |
W496068 | 0.078 | 3.2 | 0.219 | 0.001 | 0.003 | 0.427 |
W496069 | 0.305 | 4.0 | 0.203 | 0.001 | 0.004 | 0.641 |
W500255 | 0.257 | 32.0 | 1.160 | 0.004 | 0.004 | 2.282 |
W500256 | 0.013 | 0.7 | 0.031 | 0.001 | 0.001 | 0.066 |
W500257 | 1.670 | 201 | 9.710 | 0.001 | 0.040 | 17.801 |
W500258 | 0.455 | 60.0 | 4.880 | 0.002 | 0.031 | 8.071 |
W500259 | 1.965 | 1775 | 3.200 | 0.068 | 0.352 | 28.091 |
W500261 | 0.545 | 2900 | 2.240 | 4.240 | 0.240 | 40.342 |
W500262 | 0.117 | 78.8 | 0.065 | 0.049 | 0.070 | 1.206 |
W500263 | 0.136 | 83.0 | 0.100 | 0.064 | 0.021 | 1.311 |
W500264 | 0.499 | 135 | 1.300 | 0.044 | 0.069 | 4.006 |
W500265 | 0.213 | 128 | 0.447 | 0.006 | 0.018 | 2.399 |
W500266 | 0.140 | 40.2 | 0.527 | 0.001 | 0.067 | 1.395 |
W500267 | 0.129 | 46.8 | 0.019 | 0.006 | 0.002 | 0.724 |
W500268 | 0.018 | 2.8 | 0.010 | 0.001 | 0.002 | 0.067 |
W500269 | 5.050 | 65.9 | 0.093 | 0.011 | 0.011 | 5.986 |
W500644 | 2.330 | 108 | 0.763 | 0.005 | 0.001 | 4.713 |
W500645 | 0.312 | 180 | 2.580 | 0.007 | 0.052 | 6.147 |
W500646 | 0.501 | 1.5 | 0.003 | 0.002 | 0.002 | 0.525 |
W500647 | 0.447 | 2.9 | 0.009 | 0.008 | 0.001 | 0.498 |
Table 1: New Results from the
*: Erratic block sample
Gold equivalents were calculated with a gold price of
Cautionary statements
Outcrop samples are selective by nature and grades may not be representative of mineralized zones. True thickness or mineralization style and geological models cannot be determined with the information currently available.
Quality control
Rock samples were assayed for gold by standard 50 g fire-assaying with atomic absorption finish (Au-AA24) or gravimetric finish (Au-GRA22) or 1000g metallic screening (Au_SCR24) at ALS Canada in
Qualified Person
All scientific or technical information included in this news release has been reviewed, verified and approved by
About the
The fully owned
Several gold, silver, copper, lead and zinc occurrences were discovered in the past. The most notable is the Dorreen mine where four adits were developed and, according to historical documents, approximately 700 tons of ore were mined out at an average grade of at 16.8 g/t Au, 58 g/t Ag, 0.22% Cu, 2.1% Pb and 1.4% Zn from a quartz vein (not 43-101 compliant).
During the 2023 field season, the Company explored the
The southern tip of
About
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". This information and these statements, referred to herein as "forward-looking statements", are not historical facts, are made as of the date of this news release and include without limitation, statements regarding discussions of future plans, estimates and forecasts and statements as to management's expectations and intentions with respect to, among other things, positive exploration results at the
In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation, that future exploration results at the
Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.
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