The following provides a more specific description of the drilling completed in each of the target zones tested.
240 Zone - Mine Zone Connector Target
The Connector Zone was tested with a total of nine drill holes (3,279m; HB12-92 and 93 and HB12-100 to 106). Each of the holes that reached the intended target depth (seven of nine) within the Connector Zone intersected broad zones of silicified altered rocks with variable levels of gold mineralization.
Hole HB12-100 encountered several intermittent zones of pyrite and chalcopyrite bearing grey siliceous alteration from 234.2 to 248.0 m, 288.0 to 319.1 m; and 349.9 to 407.2 m. The silicified zones assayed 1.07 g Au/t over 18.1m (core length), including 1.68 g Au/t over 5.5m (core length); and 1.52 g Au/t over 14.0m (core length), including 2.03 g Au/t over 8.0m (core length).
Hole HB12-101 intersected buff-grey, pyrite and chalcopyrite - bearing silicification with intercalated mafic dykes from 329 to 403.8m (core length) with an 8.5m interval (core length) assaying 1.04 g Au/t. This interval bears many similarities to that described from historic drilling from the nearby 240 Zone and is being considered the eastern extension of the zone.
Hole HB12-106 intersected multiple zones of buff to grey, pyrite bearing siliceous alteration zones from 243.9 to 262.1m, 282.9 to 299.4m, and 331.7 to 334.1m. The siliceous zones were host to multiple minor quartz-tourmaline veins with trace chalcopyrite. Significant assays include 1.82 g Au/t over 1.5m.
Hole HB12-102 intersected a zone of light grey-buff, pyrite-bearing silicification from 262.2 to 281.9m and a zone of buff-grey, pyrite/chalcopyrite-bearing silicification from 151.4 to 183.7m.
Holes HB12-104 and HB12-105 ended short of the Connector Zone mineralization at depths of 162m and 113m respectively due to poor ground and mechanical issues.
Chetwynd and Chetwynd South Prospects
The potential downdip extensions of the Chetwynd and Chetwynd South Prospects were tested by six reconnaissance drillholes (HB12-095 to 099 and HB12-103). Each of the drillholes intersected the targeted silicified alteration rocks with anomalous gold mineralization.
Three drill holes (840m; HB12-095, 096, and 097) tested the Chetwynd South Prospect down dip mineralization encountered in historic holes CW-101, 102, 103, 039, and 098. Each of the drill holes intersected buff to grey, siliceous, pyrite and/or chalcopyrite-bearing mineralization. Quartz and tourmaline veining is prevalent and carries much of the gold mineralization. Anomalous gold values were encountered within the silicified zones and include 1.12 g Au/t over 1.5m core length in hole HB12-095 and 0.68 g Au/t over 1.5m in hole HB12-097.
Two drill holes (602m; HB12-098 and HB12-099) tested for potential gold mineralization down-dip of historic drilling and surface exposure at the Chetwynd Prospect. Although each of the drill holes intersected several zones of intermittent buff and grey siliceous, pyrite-bearing, fragmental rocks, no significant gold values were obtained from the Chetwynd Prospect drilling.
Chetwynd to 240 Connector Target
One hole (353 metres; HB12-103) intersected several grey - buff, siliceous units from 177 - 181.5m, 192.3 - 195.5m, 198 - 202.1m and 229.5 - 230m. The relationship of these silicified zones with the Chetwynd Prospect and the 240-Zone mineralization is currently not clear and requires further investigation. No significant gold values were returned from this hole.
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