Warrior Gold Inc. (TSX-V - WAR) ("Warrior Gold" or the "Company") is pleased to announce that drilling has commenced on the Goodfish Kirana Project in Kirkland Lake, Ontario.
The property is situated approximately 6 km north of the Cadillac Larder Lake Fault Zone in Kirkland Lake, and hosts numerous gold showings, pits, shafts and several historical underground workings.
A 2,200 m diamond drill program of 14 holes has been designed to test four high-priority Zones which exhibit encouraging gold mineralization characteristic of Abitibi-type gold deposits: Goodfish A; Goodfish A-East; Goodfish C Zone and the Deloye Claims. Drilling has started on the Company’s Deloye patented claims.
TARGET HIGHLIGHTS AND OBJECTIVES
Is a high-grade gold target that is hosted in an east-southeast trending shear zone. This area contains the property’s most extensive historical underground development and past drilling. The majority of this drilling was conducted in the 1990s and the records are incomplete. Warrior’s drilling will test the extension of the mineralization along strike and dip of a historic drill intercept of 12.65 m @ 16.97 g/t Au (GF95-04).
Is a NE-trending shear zone which was insufficiently drill tested in the 1980s and 1990s. High-grade mineralization associated with the contact of quartz-feldspar porphyry and mafic volcanics, as well as high-grade grab samples indicate that the mineralization continues along strike. Magnetic signatures from the airborne survey suggest a possible association with an inferred cross-fault. Drilling will confirm historic grades and confirm the Zone’s continuity along strike and down-dip
The Deloye Zone is interpreted to be an extension of the Kirana Deformation Zone which intersects the southern extention of the Goodfish Deformation Zone. The target area includes a 1930s shaft with high-grade gold in grab, drill core samples, and mapped quartz-feldspar porphyries. Drilling is designed to test the break below the historical Kirana Kirkland Mine underground workings, and the gold mineralization along deformed porphyry contacts.
The target is a shallow geophysical IP anomaly (chargeability/resistivity) coincident with an inferred cross-fault and fold hinge as identified in the airborne magnetics. Drilling is planned to test both the structure and the IP anomaly.
Danièle Spethmann, Warrior Gold CEO commented: “The results gained from this drill program will advance our understanding of both the geology and the mineralization potential of this very exciting property.”
Source: Company Press Release