After initial encouraging visual intersections, the Company decided to extend the program from 1,200M to 1,800M. During the year, the Bonanza Property was subject to an IP survey, a prospecting and trenching survey, and finally a diamond drill hole ('DDH') survey. The Company is pleased to report its preliminary observations while awaiting assay results, which are expected in
In
BZ-20-001 was expected to hit the surface extension close to surface and found two mineralized intersections that may well be associated with the trenches. The first intersection is between 3.7 and 4.1 meters with a brecciated and silicified zone that shows up to 10% pyrrhotite while a second intersection is located between 6.75m and 7.1m is described as mafic metavolcanic rock with 5-10%
BZ-20-004 was expected to hit the surface mineralization extension at approximately 30 to 50m in depth. Mineralization of interest was found between 31.2m and 31.9m and between 43.25 and 50.15m. The first intersection is described as volcanogenic semi-massive sulfide containing over 35 % PO-PY with quartz blebs while the second intersection contains up to 15% of disseminated sulfides along with stringers.
Goldseek's President & CEO
The drilling also revealed other intersections with significant mineralization along the targeted anomalies: Hole BZ-20-011 encountered mineralization up to 5% of disseminated sulfides along with stringers and sulfide lenses between 10.8m and 14.5m depth (shown in appendix 1).
Hole BZ-2020-015 encountered disseminated pyrite and quartz veins between 69.05 and 76.4m depth.
A total of 586 samples were collected and sent to Agat laboratories for gold and metal assaying in
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