Company geologists are currently working on structural interpretation of faults in a 2km section of the western metasediment belt between the Tel and Bob Zones. The importance of structural control of mineralization in this area has recently been highlighted through the discovery of a new mineralized vein from tunneling activities at the Bob Zone. This parallel vein graded 28gpt Au over approximately 0.3m true width. Recent trenching at the main Bob Zone outcrop and at the surface expression of the parallel vein has provided insight and experience to the Company’s geological team. Recently acquired LiDAR and airphotos are being used for targeting of high priority structures by the diamond drill crew.
During drilling of the Discovery Zone, a wide stockwork zone of gold-sulphide mineralization was encountered in the hangingwall rocks. This zone is assumed to be part of the historic Englishman Zone. A continuous zone of mineralized stockwork at the Englishman Zone was encountered in drillhole DIS-13-33 with an intercept of 3.7gpt Au over 14.4m true width and drillhole DIS-13-35 with an intercept of 1.2gpt Au over 11.6m true width. The Englishman Zone is open to the northwest and further drilling is planned to determine the extent of gold mineralization in this area. The Company believes further drilling at Englishman has high potential for delineation of new mineral resources similar to recently reported results at the Kim Zone.
Diamond drilling at the Discovery Zone was focused on expansion of the current mineral resource. The Discovery Zone was successfully intersected at the south-east periphery of the mineral resource. Highlights include drillhole DIS-13-25 with an intercept of 28.1gpt Au over 1.9m true width and drillhole DIS-13-23 with an intercept of 13.4gpt Au over 3.6m true width.
The Company is currently drilling near surface at the Bob Zone and will report additional assays when received.
Dr. Dirk Meckert, P.Geo is the qualified person who reviewed and approved the contents of this news release.
Analytical work was carried out by AGAT Laboratories Ltd. in Mississauga, Ontario. Quality assurance and quality control programs include the use of analytical blanks, standards, and duplicates in addition to the lab’s own internal quality assurance program. Samples are fire assayed with an ICP-EOS finish to determine gold values. Samples containing greater than 10 gpt gold are fire assayed with a gravimetric finish.
