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The strongest target to date on the property consists of a continuous and east-trending zone of rock and soil gold anomalism that prevails for a strike length of ~ 1.5 km. The gold zone starts ~500 m west of the 47 zone, continues east along strike to the Adanac zone. Additionally, gold in soil and rock anomalism is spatially coincident with a significant arcuate-shaped magnetic low that likely corresponds to magnetic destruction in the host Mt Anderson intrusion due to faulting. This is a considerable anomaly that has never been drill tested, nor has the full extent of mineralization been defined.Sample results from a 15m by 0.9-metre pit averaged 62.2 g/t Au and 171.1 g/t Ag
Fleming Skarn Target
A second untested but high potential target occurs south of the
In addition, several reconnaissance targets have been identified that have seen little to no surface exploration work. These targets are located along connecting structures within the regional northwest-north, northwest trending dextral fault system.
Historical recommendations of untested drill targets include the following:
A series of short holes, drill test several strong nodes in soil gold-silver anomaly C which were not trenched by past explorers.
Drill test gold-silver MMI anomaly F near where the magnetically-inferred
Becker Creek fault displaces the magnetic low along which occur anomalies B, C and F and the known sulphide-quartz vein systems.Drill test antimony-lead-arsenic anomaly E in a marshy area south of the
Fleming skarn zones.
The Mt Anderson Property consists of 163 contiguous quartz claims covering 30km2approximately 60 km south of
Additional Information
Additional information about the Company and the Transaction is available on SEDAR atwww.sedar.comunder the Company's profile. The summary of the Transaction set out above is qualified in its entirety by reference to the description of the Transaction in the Company's filing statement posted on SEDAR.
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Contact Information:
blake@acvc.vc
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this press release.
Certain of the statements made and information contained herein may constitute "forward-looking information." In particular references to the private placement and future work programs or expectations on the quality or results of such work programs are subject to risks associated with operations on the property, exploration activity generally, equipment limitations and availability, as well as other risks that we may not be currently aware of. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise.
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