The samples were taken during the construction of the access routes to the drill site for the Company's recently completed first drill program.
The discovery was made during the construction of the access routes to the drill sites which revealed mineralized outcrops. A total of 33 surface rock samples were collected from an oxidized, quartz-veined, silicified metasediment to the north and east of the recently completed drilling, peaking at 5.7 g / t Au and 49 g / t Ag and a total of 17 samples greater than 0.1 g / t Au yield. The orientation and extent of mineralization are unknown.
The discovery is significant as it illuminates a new area of great interest that was not previously known. The outcrop is located around 50 m east of the documented, historical boreholes and more than 100 m from the nearest borehole from 2020. This northeast area of the Gold Dyke prospect has relatively little explored compared to areas to the west and south. Subsequent surface exploration of the discovery is scheduled for spring / summer 2021.
President & Director
The Company recently completed an initial exploratory drilling program on the Gold Dyke prospect consisting of four (4) diamond drill holes totaling 457 meters. Analysis of the drill core samples was delayed by COVID-19 and the Christmas season; nevertheless, the company assumes that the results will be available soon and can be published.
Overall, the 2020 sampling at Gold Dyke indicated the area is more promising than originally anticipated, and numerous sample assays range from 0.5 to 10.9 g / t Au and 1 to 292 g / t Ag (+/- Cu ). The mineralization on Gold Dyke is located in highly silicified metasediments with frequent voids, quartz veins and few sulfides (pyrite, chalcopyrite). The Gold Dyke area is directly accessible via dirt back roads and is located on BLM land outside of US Forest Service Lands and other protected areas.
Quality analysis and control procedures
All collected rock samples (random samples) as well as blank quartz samples and confirmed reference materials were taken to the
Management advises that the surface rock sampling results presented here are inherently selective and represent a sampling point. As a result, they may not necessarily be fully representative of the mineralized horizon sampled.
About
The Company's flagship asset is the
Additional assets of the Company include the 100% owned Corvette Property and the FCI Property (which is an option from
The Company also owns the Pontax (QC) lithium gold property, the Golden Silica property,
Contact:
Tel: +1 778 945-2950
Email: adrian@gaiametalscorp.com
Web: www.gaiametalscorp.com
Forward-looking statements
The statements contained in this release, which include statements about our plans, intentions and expectations that are not exclusively historical in nature, constitute 'forward-looking statements'. Forward-looking statements can be identified using terms such as 'forecast', 'believes', 'intends', 'estimates', 'expects' and similar expressions. The company cautions readers that forward-looking statements, including those relating to the company's future operations and business projections, are subject to certain risks and uncertainties that could cause actual results to differ materially that are described in the forward-looking statements.
(C) 2021 Electronic News Publishing, source