The drill rig has now been moved to the Jeesiö Gold Project to test the newly identified Utsamo area
FireFox Gold initiates its first drill program at Jeesiö Gold Project, Finland. Photo: courtesy of Khusen Rustamov from Pixabay.
FireFox Gold Corp. (“FireFox” or the “Company”) (TSXV: “FFOX”) is pleased to report that it has completed as scheduled the Phase 2 drill program at its Mustajärvi Gold Project and is awaiting assay results. The drill rig has now been moved to the Jeesiö Gold Project to test the newly identified Utsamo area. Both projects are situated in the heart of the Central Lapland Greenstone Belt in Finland.
Carl Löfberg, Chief Executive Officer of FireFox Gold Corp. commented: “We are pleased to be starting our second drill program this fall as we planned. This is our first time drilling at Jeesiö, and we are excited to follow-up the multiple anomalies we identified at the new Utsamo area.”
Up to three reconnaissance drill holes totaling approximately 350 metres will be drilled at the Utsamo area. The drill program is focused on the northern part of the 2.8-kilometre-long structural feature identified earlier this year, which is believed to represent the continuation of the Sirkka Shear Zone (see FireFox news release dated September 3rd, 2019). There, both gold in Bottom-of-Till (BOT) samples and anomalous Ionic Leach samples are spatially associated with the boundaries of magnetic bodies and contacts between low and high resistivity domains. These apparent drill targets are interpreted to represent the contact zone between hydrothermally altered metasediments and gabbroic sills – a common association of gold deposits in the region.
Additional target development work is on-going at the Jeesiö Project. Currently, a 250 metre trench sampling program is underway at the Homelampi target where BOT sampling returned anomalous gold including up to 1070ppb (see FireFox news release dated December 27th, 2018). The Homelampi target is located approximately five kilometres to the southwest of Utsamo.
Mustajärvi Drill Program Update
All together nine diamond core drill holes, with total length of 1431 metres, tested the 100%-owned Mustajärvi Project in the Phase 2 program. The drill program was designed to follow-up the high-grade mineralization intersected earlier this year, and to increase the strike length of the mineralization by stepping out beyond the historic mineralization located near the center of the property (see FireFox news release dated September 18th, 2019). Geological and structural logging of core has been completed, and assay results are expected toward the end of November.
Source: Company Press Release