Adera Corridor Highlights:
- 5,681 g/t silver, >10% lead from sample # 1996383
- 4,229 g/t silver, 61.3% lead and from sample #1478140
- 4,994 g/t silver, 68.1% lead, 1.59% Zn from sample # 1869950
- 13 of 134 samples assaying greater than 1,000 g/t silver
- 31 of 134 samples assaying greater than 150 g/t silver
- 58 of 134 samples assaying greater than 25 g/t silver
- 9 samples assaying greater than 1 g/t Au
2020 Field Program: The 2020 program consisted of Property scale mapping, prospecting and geochemical sampling of various targets identified in historic work and the 2020 SkyTEM airborne geophysical survey (Stuhini News Release
Adera Corridor Target: The Adera Corridor Target refers to a 7.5km long trend that consists of a series NE-SW striking structures, and splays, that coincide with the contact of the
Mineralization is composed of quartz-carbonate veins and breccias with galena, sphalerite, arsenopyrite and lesser pyrite and chalcopyrite. The highest-grade silver sample (#1996383 – 5,681 g/t Ag) was collected from the
The table below summarizes some of the more noteworthy samples collected from the Adera Corridor.
Sample ID | Sample Type | Ag g/t | Au g/t | Pb % | Zn % | Cu % |
1996383 | Felsenmeer | 5681 | 0.39 | >10 | 0.58 | 0.35 |
1869950 | Felsenmeer | 4994 | 0.11 | 68.10 | 1.59 | 0.06 |
1478140 | Felsenmeer | 4229 | 0.20 | 61.26 | 0.02 | 0.04 |
1996275 | Felsenmeer | 3776 | 0.75 | 13.07 | 1.90 | 0.16 |
1478143 | Felsenmeer | 2833 | 0.27 | 43.66 | 0.35 | 0.08 |
1996256 | Subcrop | 2825 | 0.90 | 5.35 | 0.46 | 0.14 |
1478141 | Felsenmeer | 2777 | 0.36 | 34.65 | 0.12 | 0.07 |
1478144 | Felsenmeer | 2293 | 0.29 | 35.85 | 1.12 | 0.09 |
1996483 | Felsenmeer | 1991 | 0.18 | >10 | 0.64 | 0.09 |
1893419 | Felsenmeer | 1582 | 0.15 | 28.33 | 12.39 | 0.44 |
1478142 | Felsenmeer | 1359 | 0.16 | 24.20 | 0.26 | 0.08 |
1996487 | Subcrop | 1301 | 0.18 | 3.39 | 0.28 | 0.19 |
1996424 | Felsenmeer | 1111 | 2.37 | 7.75 | 7.53 | 0.22 |
1905365 | Felsenmeer | 808 | 1.71 | 3.32 | 0.10 | 3.18 |
1893436 | Felsenmeer | 740 | 0.20 | >10 | 11.76 | 0.28 |
1905380 | Subcrop | 722 | 0.79 | 1.00 | 0.02 | 0.03 |
1996265 | Subcrop | 646 | 0.10 | 5.56 | 0.06 | 0.07 |
1893429 | Outcrop | 474 | 2.07 | 0.04 | 0.07 | 7.31 |
1996387 | Felsenmeer | 377 | 0.78 | 1.10 | 0.01 | 0.11 |
1996482 | Felsenmeer | 262 | 0.31 | 0.79 | 0.00 | 0.01 |
1905379 | Outcrop | 227 | 6.10 | 4.00 | 9.62 | 0.46 |
1996262 | Subcrop | 226 | 0.41 | 0.10 | 0.03 | 0.27 |
1869557 | Outcrop | 204 | 1.04 | 1.76 | 0.01 | 0.26 |
1996254 | Felsenmeer | 196 | 0.03 | 0.11 | 0.13 | 0.00 |
1893432 | Outcrop | 195 | 0.24 | 0.69 | 0.41 | 0.08 |
1996252 | Subcrop | 180 | 0.14 | 0.26 | 0.16 | 0.13 |
1869559 | Outcrop | 178 | 0.90 | 1.52 | 0.03 | 0.13 |
1996489 | Subcrop | 171 | 0.06 | 1.08 | 0.04 | 0.03 |
1893435 | Subcrop | 159 | 0.10 | 0.72 | 0.58 | 0.00 |
1892646 | Outcrop | 158 | 4.45 | 3.56 | 5.77 | 0.21 |
1869567 | Outcrop | 154 | 0.33 | 0.42 | 0.97 | 0.00 |
QA/QC: Rock material was collected in poly bags and then transported to the Bureau Veritas sample preparation facility located in
Other Targets: The Company is presently compiling assay data as it comes in from other targets on the Project and will be reporting further exploration updates as these compilations are completed. This second update pertaining to the Adera Corridor Target area update will be followed by updates on other target areas defined within the more than 27,000- hectare Project.
Further details regarding the Ruby Creek Option Agreement can be found in the Company's news release dated
The geological content of this news release has been reviewed and approved by
About
Forward Looking Statements
This news release contains "forward-looking statements" within the meaning of Canadian securities legislation. Such forward–looking statements concern the Company's strategic plans, timing and expectations for the Company's exploration and drilling programs, estimates of mineralization from sampling, and geological information projected from sampling results. Such forward–looking statements or information are based on a number of assumptions, which may prove to be incorrect. Assumptions have been made regarding, among other things: conditions in general economic and financial markets; accuracy of assay results; geological interpretations from sampling results, timing and amount of capital expenditures; the affect of Covid-19 on the Company's ability to conduct exploration; performance of available laboratory and other related services; and future exploration costs. The actual results could differ materially from those anticipated in these forward–looking statements as a result of the risk factors including: the timing and content of work programs; results of exploration activities and development of mineral properties; the interpretation and uncertainties of sampling results and other geological data; receipt, maintenance and security of permits and mineral property titles; environmental and other regulatory risks; project costs overruns or unanticipated costs and expenses; availability of funds and general market and industry conditions. Forward-looking statements are based on the expectations and opinions of the Company's management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statements were made. The Company undertakes no obligation to update or revise any forward-looking statements included in this news release if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by applicable law.
Neither the
SOURCE
© Canada Newswire, source