A second phase of prospecting/mapping program was conducted in late September as follow-up to recently released prospecting program which identified a broad zone of strong to intense alteration consisting of fuchsite, sericite, silicification and iron carbonate with associated quartz stockwork over a minimum width of 30m. Within this pervasive zone of alteration is a discrete zone of mineralization with quartz flooding, disseminated pyrite, arsenopyrite and local galena which returned high-grade gold mineralization with assays ranging from 0.267 grams per tonne (g/t) to 7.59 g/t gold (Au).
Phase II concentrated on the Naybob West zone focusing on increasing sample density and expanding mineralization along strike. The program saw the collection of 17 samples and returned high-grade gold mineralization ranging from 0.054 g/t to 12.3 g/t Au. Mineralization remains open both to the east and west. This change in orientation is highly important in that northeast trending structures within the Timmins Gold Camp is considered to be highly prospective for the emplacement of gold mineralization. (Note: The surface grab samples described in this news release are selective by nature and are unlikely to represent average grades of the property).
Management is in the early stages of planning an upcoming trenching program in an effort to further evaluate the orientation of this zone of mineralization and further expand along strike both to the east and west.
All samples were sent to
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Tel: 709-256-6060
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