A total of 646 metres ('m') in five holes were drilled across approximately 300 m of strike length; all five holes successfully intersected near surface zones of disseminated style gold mineralization within host rock argillites and slates. This style of mineralization is currently the focus at
Highlights of these latest results include: All five holes returned near surface disseminated gold values from this expanding mineralized zone located 3.5 kilometres ('kms') from the Goldenville Resource
Results demonstrate lower-grade disseminated gold mineralization is present along at least 500m of strike length
Results step out 350 m to the west from known mineralization at
Hole MIT19-5 intersected 13.0 m of 1.05 grams per ton gold ('g/t Au') within a broader intercept of 32.0 m of 0.49 g/t Au
Hole MIT19-4 intersected 14.0 m of 0.49 g/t Au
Results from an additional five holes drilled at Goldenville are pending
Company President
All five holes reported here were drilled stepping out along strike to the west along a structural trend defined through mapping and geophysics. Mineralization occurs in sulphide-rich argillite sequences, as well as within quartz veins hosted within these sequences. This structure remains open in all directions, and at depth. Geophysical surveying results indicate over 1 kilometre of potential strike length, of which less than half has been drill tested to date.
Core samples from an additional five holes drilled at the
About Goldenville and Osprey
Osprey is focused on exploring five historically producing gold properties in
Samples from the 2019/2020 exploration program are split with a hydraulic splitter, and placed in sealed bags and shipped to ActLabs for gold and multi-element ICP analysis. A Quality Control/Quality Assurance program, including the insertion of Standards, Blanks, and Duplicates has been implemented.
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