(via TheNewswire)
Multiple broad gold zones intersected in the
Gap Zone up to 70 metres (“m”) wide downhole, covering a strike length of approximately 250 m;Notable gold intersections from the final batch of seven drillholes include:
CM23-056 (angled hole) – 53.0 m @ 0.41 g/t Au from 94.5 m, including 21.3 m @ 0.61 g/t Au from 97.5 m
CM23-053 (angled hole) – 50.3 m @ 0.41 g/t Au from 27.4 m, including 25.9 m @ 0.57 g/t Au from 50.3 m
CM23-055 (angled hole) – 15.2 m @ 0.55 g/t Au from 73.2 m
Mineralization remains open at depth, along strike, and in width on the Stealth-Red Cloud trend.
2023 Phase 2 Follow-Up Drill Program
The follow-up drill program primarily targeted the
Both down-dip holes at the Stealth Deposit reported herein (CM23-052 and CM23-053) returned oxide gold intercepts, demonstrating that the auriferous structure continues at depth. Most of the 1.5-km-long Stealth-Red Cloud trend remains open down-dip and along strike, warranting additional drilling to extend the envelope of mineralization (Figure 2).
Drillhole | Target | Release Date | Easting | Northing | Azimuth | Dip | Length (m) |
CM23-022A | Red Cloud | 748354 | 3962724 | 0 | -90 | 80.8 | |
CM23-042 | Red Cloud | 748556 | 3962701 | 215 | -45 | 99.1 | |
CM23-043 | Red Cloud | 748587 | 3962681 | 215 | -45 | 100.6 | |
CM23-044 | Red Cloud | 748485 | 3962630 | 35 | -45 | 103.6 | |
CM23-045 | 747871 | 3962767 | 35 | -45 | 59.4 | ||
CM23-046 | Red Cloud | 748241 | 3962745 | 0 | -90 | 76.2 | |
CM23-047 | Recon | 750018 | 3961904 | 0 | -90 | 76.2 | |
CM23-048 | Recon | 749820 | 3963350 | 0 | -90 | 68.6 | |
CM23-049 | Recon | 749590 | 3963701 | 0 | -90 | 67.1 | |
CM23-050 | Recon | 749373 | 3963859 | 0 | -90 | 68.6 | |
CM23-051 | 747717 | 3962728 | 0 | -45 | 182.9 | ||
CM23-052 | Stealth | 747380 | 3962904 | 0 | -90 | 158.5 | |
CM23-053 | Stealth | 747443 | 3962894 | 190 | -60 | 201.2 | |
CM23-054 | Stealth | 747741 | 3962864 | 355 | -60 | 128.0 | |
CM23-055 | 747870 | 3962808 | 200 | -60 | 201.2 | ||
CM23-056 | 747799 | 3962831 | 160 | -60 | 219.5 | ||
CM23-057 | 747945 | 3962788 | 200 | -60 | 219.5 | ||
CM23-058 | 747873 | 3962817 | 020 | -55 | 112.8 |
Table 1: Collar details for Phase 2 follow-up drill program.
Drillhole | Target | From (m) | To (m) | Length (m) | Au (g/t) | Interval Summary |
CM23-022A | Red Cloud | 6.10 | 71.63 | 67.07 | 1.03 | 69.08 m @ 1.03 g/t Au from 6.10 m |
incl. | Red Cloud | 10.67 | 57.91 | 48.77 | 1.31 | 48.77 m @ 1.31 g/t Au from 10.67 m |
CM23-044 | Red Cloud | 9.14 | 18.29 | 9.15 | 1.03 | 9.15 m @ 1.03 g/t Au from 9.14 m |
CM23-044 | Red Cloud | 16.76 | 18.29 | 1.52 | 5.73 | 1.52 m @ 5.73 g/t Au from 16.76 m |
CM23-046 | Red Cloud | 0.00 | 64.01 | 64.01 | 0.56 | 64.01 m @ 0.56 g/t Au from 0.00 m |
incl. | Red Cloud | 0.00 | 28.96 | 30.48 | 1.00 | 30.48 m @ 1.00 g/t Au from 0.00 m |
CM23-047 | Recon | 67.06 | 70.10 | 3.04 | 0.13 | 3.04 m @ 0.13 g/t Au from 67.06 m |
CM23-048 | Recon | 0.00 | 21.34 | 21.34 | 0.10 | 21.34 m @ 0.10 g/t Au from 0.00 m |
incl. | Recon | 13.72 | 16.76 | 3.04 | 0.51 | 3.04 m @ 0.51 g/t Au from 13.72 m |
CM23-052* | Stealth | 117.35 | 150.88 | 33.53 | 0.23 | 33.53 m @ 0.23 g/t Au from 117.35 m |
CM23-053* | Stealth | 27.40 | 77.70 | 50.30 | 0.41 | 50.30 m @ 0.41 g/t Au from 27.40 m |
CM23-055* | 73.20 | 88.40 | 15.20 | 0.55 | 15.20 m @ 0.55 g/t Au from 73.20 m | |
CM23-056* | 94.50 | 147.50 | 53.00 | 0.41 | 53.00 m @ 0.41 g/t Au from 94.50 m | |
CM23-057 | 32.00 | 91.44 | 60.96 | 0.46 | 60.96 m @ 0.46 g/t Au from 32.00 m | |
incl. | 33.53 | 56.39 | 28.86 | 0.74 | 28.86 m @ 0.74 g/t Au from 33.53 m |
Table 2: Highlight oxide gold intercepts in Phase 2 follow-up drill program. Reported intersections for -90° holes are interpreted to be true width. Angled holes are RC drilling interval lengths, and true widths are yet to be determined. *Reported in this news release.
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Figure 1: Plan map with Q2 2023 follow-up drill program hole locations.
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Figure 2: Long-sections of oxide gold drilling assays of (A) Cyclopic and (B) Stealth –
Quality Control/Quality Assurance (“QA/QC”)
Samples were collected every 5 feet (1.52 m) and are reduced on-site using a triple-tier Gilson splitter, producing a 2 kg-3 kg assay sample and a 3 kg-5 kg twin sample that can be used for met testing or re-assay work. Coarse blank material, standard reference pulps, and split duplicates are inserted into the sample stream on a 1-in-20 sample basis such that each 23-sample group contains one blank, one duplicate, and one reference pulp. Three standard reference pulps at three different gold grades (0.154 ppm, 0.778 ppm, and 2.58 ppm) are being used. One 1.52 m drill interval in every four intervals is weighed in order to monitor recovery.
Assay samples are placed in shipping sacks together with the field inserts upon completion of each hole. After four holes are completed, all assay samples are transported in their respective shipping sacks ALS in
Upon arrival in
ALS is accredited to ISO/IEC 17025:2017 standards for specific preparation and analytical procedures. For more information about ALS Geochemistry, please visit the company’s webpage at:https://www.alsglobal.com/geochemistry.
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