The latest results include holes drilled at Pristine, the NE extension of Big Vein, initial holes at Knobby and
Hole K-23-334 was a short hole drilled into the HM occurrence to test for gold mineralization at depth below the quartz vein at surface. Most of the hole was anomalous in gold grading 0.87g/t Au over 55.9 metres that included a zone with 27 grains of visible gold that graded 38.37g/t Au over 0.8 metres from 61.4 metres near the bottom of the hole. The HM occurrence was found by prospecting and is located approximately 570m along strike to the southwest of Big Vein and a similar distance northeast of Knobby. Hole K-23-334 is the only hole drilled into this occurrence to date.
Results from Hole K-23-304, drilled at Knobby intersected two quartz zones containing visible gold at 42 and 49 metres. These intersections graded 1.27g/t Au over 0.42 metres and 8.78g/t Au over 0.4 metres, respectively.
“We are excited by the results from the first hole at HM. While it is good to see the high grade associated with the visible gold, it is very encouraging to see continuous, anomalous gold in the country rock to the quartz veins throughout much of the hole,” said
Figure 1. Visible gold grains in quartz vein from Hole K-23-334.
Figure 2. Mineralized quartz vein intervals in Hole K-23-334.
Hole K-23-291 drilled at Pristine intersected near surface gold mineralization grading 1.13g/t Au over 8.32 metres from 15 metres including 2.31g/t over 3 metres. Holes drilled at Peter Easton and to the northeast of Big Vein tested structures interpreted from airborne magnetics and three of the four holes did not intersect gold mineralization
Hole ID | From (m) | To (m) | Interval (m) | Au (g/t) | Zone |
K-23-334 | 8.70 | 64.60 | 55.90 | 0.87 | HM |
including | 61.40 | 64.60 | 3.20 | 11.56 | |
including | 61.40 | 62.20 | 0.80 | 38.37 | |
K-23-304 | 42.78 | 43.20 | 0.42 | 1.27 | Knobby |
48.80 | 52.40 | 3.60 | 1.07 | ||
including | 48.80 | 49.20 | 0.40 | 8.78 | |
K-23-302 | nsv | Knobby | |||
K-23-291 | 15.00 | 23.32 | 8.32 | 1.13 | Pristine |
including | 15.00 | 18.00 | 3.00 | 2.31 | |
48.70 | 49.25 | 0.55 | 1.51 | ||
K-23-290 | 52.36 | 54.12 | 1.76 | 1.06 | Pristine |
K-23-289 | nsv | ||||
K-23-288 | 318.00 | 320.00 | 2.00 | 1.64 | Big Vein |
K-23-287 | nsv | Pristine | |||
K-23-286 | nsv | ||||
K-23-285 | 100.00 | 101.80 | 1.80 | 1.33 | Pristine |
183.32 | 224.00 | 40.68 | 0.18 | ||
K-23-284 | nsv | Big Vein |
Table 1. Summary of recent assay results. All intersections are downhole length
as there is insufficient Information to calculate true width.
Hole number | Easting | Northing | Elevation | Azimuth | Dip | Total Depth |
K-23-334 | 660889 | 5434242 | 32 | 75 | 45 | 73 |
K-23-304 | 660576 | 5433754 | 42 | 187 | 45 | 157 |
K-23-302 | 660597 | 5433754 | 39 | 187 | 45 | 157 |
K-23-291 | 661909 | 5436148 | 54 | 0 | 90 | 176 |
K-23-290 | 661848 | 5436193 | 58 | 190 | 60 | 159.5 |
K-23-289 | 660584 | 5434277 | 52 | 160 | 45 | 235 |
K-23-288 | 661860 | 5435469 | 36 | 130 | 65 | 401 |
K-23-287 | 661848 | 5436194 | 58 | 0 | 90 | 179 |
K-23-286 | 660572 | 5434583 | 71 | 275 | 45 | 259 |
K-23-285 | 661898 | 5436043 | 51 | 315 | 65 | 224 |
K-23-283 | 660574 | 5434583 | 72 | 120 | 45 | 181 |
K-23-284 | 661832 | 5435419 | 35 | 130 | 65 | 383 |
Table 2. Drill collar details.
Figure 3. Kingsway occurrences with highlights of recent drilling.
QA/QC
True widths of the reported intersections have yet to be calculated. Assays are uncut. Samples of HQ split core are securely stored prior to shipping to
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Figure 1
Visible gold grains in quartz vein from Hole K-23-334.
Figure 2
Mineralized quartz vein intervals in Hole K-23-334.
Figure 3
Kingsway occurrences with highlights of recent drilling.
2024 GlobeNewswire, Inc., source