The program will consist of approximately 1000 m of NQ diameter drill core in 5 holes. The program is designed to test beneath the
About the Traxxin Property
Located 130 km west of
Prospecting and sampling, by the current vendors of the Traxxin claims began in 2011 and culminated in the 2016 discovery of a high grade quartz vein hosting visible gold (VG). Grab sample assays for gold ranged from anomalous to 1281 g/t Au (41 oz/t Au) (Sims 2019).
A follow up exploration program in 2017 consisted of geological and geophysical surveys, trenching, sampling and diamond drilling. The drill program was successful in locating the
In September of 2020 the Company received an exploration permit allowing for diamond drilling, trenching, sampling and line cutting.
Traxxin Gold Project Highlights
Main zone located in the Marmion Lake Batholith, host to the Agnico Eagle's
Recent trenching and diamond drilling (2018) have identified a gold-bearing zone of at least 300 m in strike associated with a well-defined sheared quartz vein surface exposure from 15 to 30 m wide
Diamond drilling results include 4.76 g/t Au over 3.8 m (Hole BED-17-016), 1.07 g/t Au over 22.2 m (Hole BED-17-005) and 37.3 g/t Au over 1 m (BED-17-003) (Sims 2019)
The gold-bearing structure is open along strike in both directions. The 2017 and 2018 diamond drilling generally tested above 100 m. Two holes (BED-17-022 and BED-18-021), located in the main zone and outside of the main zone to the southwest respectively, penetrated to depths in excess of 150 m and intercepted the gold-bearing structure where it remains open at depth
Traxxin Extension Joint Venture
In
As a result of the current COVID-19 virus concerns, the Company's management and contractors are following public guidelines and taking recommended steps to protect the health and safety of all personnel while carrying out field operations. As a result of the Covid-19 pandemic giving rise to local and national anti-virus measures, the scheduling of activities are subject to change.
About
The Company explores for Gold and Base metals in
Contact:
David B Graham
Tel: (416) 864-1456
Email: david@boldventuresinc.com
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