Archive for category Drill Results
International Wayside Gold Mines Ltd.: Drill Program Discovers 250 Foot Replacement Style Mineralized Zone
Posted by admin in Drill Results, News Releases on July 6th, 2009
International Wayside Gold Mines Ltd. has returned results of 10 surface diamond drill holes totalling 1,761.2 metres (5,778.0 feet) on the Goldfinch zone, 700 feet mine grid west of the proposed Bonanza Ledge mine on Barkerville Mountain, with some encouraging gold values. Details of a new phase of drilling at Barkerville Mountain beginning July 6, 2009, are forthcoming.
Targeting a Bonanza Ledge-style of pyrite replacement gold mineralization, the drill program was designed using geo-statistics or geo-mathematics, which comprehensively considers geology (lithology, structure, alteration and mineralization), geochemistry (soil anomalies) and geophysics (IP, SP and magnetic surveys), on and between the Goldfinch and Bonanza Ledge zones at Barkerville Mountain. Comparisons of the two zones show their similarity is over 98 per cent.
Most of the drill holes successfully intercepted fine-grained pyrite replacement zones in the Lowhee unit, which hosts the Bonanza Ledge gold deposit. The drill results prove that large, replacement-style, mineralized zones containing high-grade, fine-grained pyrite up to 250 feet thick exist in the Goldfinch zone. A geological evaluation is under way due to the fact that not all of the pyrite replacement bodies carry gold.
An additional purpose of the drilling program is to have a better understanding of the geology at depth, the relationship between the gold mineralization zone and the pyrite replacement mineralization, pyrrhotite halo and fuchsite alteration, and the mineralization intensity at depth. In order to realize this, three long drill holes up to 356.0 metres (1,168 feet) each were conducted.
Further drilling will take place between the Lowhee fault and Goldfinch fault in the coming exploration season, targeting Bonanza Ledge- and quartz-vein-style of gold mineralization. This area has approximately the same geological setting as that of a Bonanza Ledge gold deposit.
SURFACE DRILL RESULTS
No. DDH Depth From To Width Au Ag
(feet) feet feet m g/t oz/t g/t
1 BC08-01 516.0 26.0 36.0 10.0 3.0 0.24 (0.28) 0.007 (0.008) N/S
(i)
36.0 40.3 4.3 1.3 2.24 (2.44) 0.065 (0.071)
46.0 55.6 9.6 2.9 0.15 0.004
55.6 60.2 4.6 1.4 0.66 (0.67) 0.019 (0.020)
66.0 69.0 3.0 0.9 0.42 0.012
87.0 88.2 1.2 0.4 1.27 (1.37) 0.037 (0.040)
184.3 186.0 1.7 0.5 N/S (i) 1.4
332.5 333.6 1.1 0.3 1.0
386.0 387.7 1.7 0.5 0.10 0.0 N/S
2 BC08-02 456.0 12.9 29.1 16.2 4.9 0.15 0.005 N/S
(iii) (iii)
29.1 30.1 1.0 0.3 34.3 (35.8) 1.000 (1.044) 1.2
30.1 39.7 9.6 2.9 0.15 0.004 N/S
(iii) (iii)
39.7 41.4 1.7 0.5 1.24 (1.28) 0.036 (0.037) N/S
41.4 57.5 16.1 4.9 0.14 0.004 N/S
(iii) (iii)
57.5 66.0 8.5 2.6 2.64 (2.48) 0.077 (0.072) N/S
66.0 69.9 3.9 1.2 0.74 0.021 N/S
(iii) (iii)
89.7 96.0 6.3 1.9 2.54 (2.68) 0.074 (0.078) N/S
96.0 103.1 7.1 2.2 0.10 0.003 N/S
106.0 114.0 8.0 2.4 0.64 0.019 N/S
196.0 196.7 0.7 0.2 N/S 1.1
371.5 376.0 4.5 1.4 3.6
3 BC08-03 206.0 N/S
4 BC08-04 336.0 38.1 76.0 37.9 11.6 0.16 0.004 N/S
(iii) (iii)
5 BC08-05 406.0 91.3 91.8 0.5 0.2 N/S 1.1
183.1 186.0 2.9 0.9 2.38 (2.49) 0.069 (0.073) N/S
6 BC08-06 426.0 70.3 76.0 5.7 1.7 1.32 0.039 N/S
146.0 156.0 10.0 3.0 0.18 0.005 N/S
336.0 346.0 10.0 3.0 0.10 0.003 N/S
7 BC08-07 405.0 127.3 128.0 0.7 0.2 0.13 0.004 N/S
155.0 165.0 10.0 3.0 0.10 0.003 N/S
8 BC08-08 1,006.0 306.0 308.4 2.4 0.7 0.12 0.004 N/S
396.0 406.0 10.0 3.0 0.18 0.005 N/S
476.0 496.0 20.0 6.1 0.30 0.009 N/S
(iii) (iii)
506.0 516.0 10.0 3.0 0.30 0.009 N/S
526.0 546.0 20.0 6.1 0.12 0.004 N/S
(iii) (iii)
9 BC08-09 856.0 96.0 106.0 10.0 3.0 0.15 0.004 N/S
10 BC08-10 1168.0 205.0 225.0 20.0 6.1 0.13 0.004 N/S
(iii) (iii)
Note:
(i) Assay (repeat/resplit).
(ii) N/S denotes no significant assay;
(iii) Weighted.
The company initiated operations in the Cariboo district in 1994, and, since that time, has focused on the exploration and development of its gold properties. Mineral tenures in the historic Cariboo goldfields encompass approximately 1,065 square kilometres (106,484 hectares) over a belt 60 km long by 20 km wide. In the Barkerville gold camp, 101 creeks have reported placer gold production. Recorded gold production from the area totals more than 3.8 million ounces, including an estimated 2.64 million ounces from placer mining and 1.23 million ounces from lode mining.
Wayside is in the process of acquiring the QR mine and 900-tonne-per-day QR mill, which was fully operational until February, 2009 (now on care and maintenance). The QR mill is a CIP mill designed for an output of 70,000 ounces of gold per annum for that location. The mill is 110 km by road from Wayside’s Cariboo gold project and proposed Bonanza Ledge mine.
The technical information in this news release has been reviewed and approved by chief geologist Jim Yin, PhD, PGeo, a qualified person as defined in National Instrument 43-101.
GWR Extends Mineralization at Lac La Hache
Posted by admin in Drill Results, News Releases on June 3rd, 2009
GWR Resources Inc.’s initial 2009 drill hole (AZS09-11) on the Aurizon South area within the company’s Lac La Hache property has successfully intersected the interpreted projection of the structure which hosts the previously reported high-grade copper-gold intersected in hole AZS08-07 (see the company’s news release in Stockwatch dated Dec. 9, 2008). Hole AZS08-07 was targeted on a modelled, deep induced polarization response, originally interpreted by project geologist Dr. D. Bailey as the westerly offset of the Aurizon Central zone.
The new results confirm the geological model derived from the previous drilling, whereby the hydrothermally brecciated, altered monzonite that hosts the high-grade mineralization in hole AZS08-07 is displaced westerly down section, across a series of faults.
Hole AZS09-11 was collared 25 metres east of the collar of hole AZS08-07, at the same collar dip (minus 60 degrees) but it steeped considerably as drilling progressed. As predicted, the hole encountered a wider intersection of altered monzonite than hole AZS08-07, with the bottom five metres cutting weakly mineralized hydrothermal breccia similar to that lying above the higher-grade zone in hole AZS08-07. Unfortunately, while still in the hydrothermal breccia at 498 metres downhole, difficult drilling conditions caused the NQ drill rods to jam. The company plans to drill through the NQ using smaller-diameter BQ rods, and expects to continue the hole successfully, to determine the width of the mineralized structure and possible associated mineralization at this depth. As a result of the steepening of hole AZS09-11, the hydrothermal breccia has been extended approximately 190 metres vertically below that in hole AZS08-07.
While waiting for the delivery of BQ rods, the drill rig has commenced drilling hole AZS09-13, located 25 metres north of hole AZS08-07. That rig will subsequently reposition over hole AZS09-11 after hole AZS09-13 has been completed.
In addition, a second drill rig is expected to commence drilling today in order to test additional targets within Aurizon South.
The company maintains a quality assurance/quality control program that conforms to the requirements of National Instrument 43-101. Rob Shives, PGeo, is the qualified person (as defined by National Instrument 43-101) who accepts responsibility for the technical content of this news release.
Hawthorne Assays 82.28 Metres Grading 0.754 g/t Au at Frasergold
Posted by admin in Drill Results, News Releases on February 19th, 2009
Hawthorne Gold and Eureka Resources are pleased to announce assay results from the final 22 diamond drill holes (”DDH”) of the 2008 exploration program on the Frasergold property that consisted of 58 holes (totaling 10,405 metres). Of interest, DDH FG08-362C intersected 82.28 metres grading 0.754 g/t Au, including 5.88 metres grading 3.969 g/t Au and DDH FG08-350C intersected 163.06 metres grading 0.465 g/t Au, including 3.85 metres grading 13.248 g/t Au. All drill holes intersected the estimated true width of the mineralized zones. The property is located in the Cariboo Gold District of central British Columbia, Canada and is accessible by highway and logging roads year round.
“Results from the drilling have extended the gold system into the south east area of the Main Zone and potentially along strike further in the south east direction outside of the Main Zone. Hawthorne is pleased to have received all results from the 2008 exploration program. The technical team is diligently working on the modeling of the deposit to gain a better understanding of the size and potential of the deposit and work towards the completion of National Instrument (”NI”) 43-101 Compliant Gold Resource Estimate Technical Report at the Frasergold Property,” commented Richard Barclay, President & CEO of Hawthorne.
“Hawthorne has come along way in obtaining a better understanding of the complexity of the Frasergold deposit and Eureka believes the geological model will assist in defining a potential resource. We look forward to seeing the results from the forthcoming NI 43-101 Resource Estimate at Frasergold. We commenced drilling on this property in the 1980s and are excited to read a report that summarizes the hard work Eureka and Hawthorne have completed on this project to date,” stated John J. O’Neill, CEO and President of Eureka.
Highlights of the assay results are presented below:
|
Hole No. |
|
From |
To |
Length |
Au |
|
|
|
(m) |
(m) |
(m) |
g/t |
| FG08-311C |
119.76 |
156.22 |
36.46 |
0.319 |
|
|
|
|
||||
|
FG08-324C |
106.84 |
196.90 |
90.06 |
0.503 |
|
|
|
includes |
169.75 |
175.89 |
6.14 |
2.107 |
|
|
|
Hole No. |
|
From |
To |
Length |
Au |
|
|
|
(m) |
(m) |
(m) |
g/t |
|
FG08-326C |
160.09 |
176.40 |
16.31 |
0.771 |
|
|
|
includes |
160.09 |
165.47 |
5.38 |
1.477 |
|
|
|||||
|
FG08-327C |
82.43 |
152.42 |
69.99 |
0.482 |
|
|
|
includes |
106.98 |
114.38 |
7.40 |
1.535 |
|
|
|||||
|
FG08-342C |
125.14 |
157.28 |
32.14 |
0.346 |
|
|
|
includes |
125.14 |
133.66 |
8.52 |
0.866 |
|
|
|||||
|
FG08-351C |
|
94.56 |
135.94 |
41.38 |
0.490 |
|
|
includes |
94.56 |
101.88 |
7.32 |
1.488 |
|
|
|
||||
|
FG08-356C |
14.02 |
64.00 |
49.98 |
0.462 |
|
|
|
includes |
56.50 |
61.00 |
4.50 |
3.003 |
|
|
|||||
|
FG08-358C |
28.70 |
68.16 |
39.46 |
0.428 |
|
|
|
includes |
59.74 |
65.84 |
6.10 |
1.605 |
|
|
|||||
|
FG08-359C |
33.07 |
61.77 |
28.70 |
0.722 |
|
|
|
includes |
49.55 |
54.96 |
5.41 |
1.164 |
|
|
|||||
|
FG08-360C |
31.90 |
56.51 |
24.61 |
1.036 |
|
|
|
includes |
48.58 |
52.73 |
4.15 |
3.301 |
|
|
|||||
|
FG08-361C |
52.94 |
138.99 |
86.05 |
0.364 |
|
|
|
includes |
52.94 |
64.34 |
11.40 |
1.104 |
|
|
|||||
|
FG08-362C |
53.08 |
135.36 |
82.28 |
0.754 |
|
|
|
includes |
94.67 |
100.55 |
5.88 |
3.969 |
|
|
includes |
114.91 |
135.36 |
20.45 |
1.051 |
|
Hole No. |
|
From |
To |
Length |
Au |
||||||||
|
|
|
(m) |
(m) |
(m) |
g/t |
||||||||
| FG08-350C |
53.64 |
216.70 |
163.06 |
0.465 |
|||||||||
|
includes |
154.55 |
158.40 |
3.85 |
13.248 |
|||||||||
| FG08-353C |
120.41 |
144.27 |
23.86 |
0.757 |
|||||||||
| FG08-363C |
136.72 |
137.30 |
0.58 |
12.000 |
|||||||||
|
includes |
47.05 |
137.30 |
90.25 |
0.321 |
|||||||||
| FG08-364C |
189.94 |
215.90 |
25.96 |
0.410 |
|||||||||
| FG08-335C; FG08-348C; FG08-365C; FG08-366C; FG08-367C FG08-340C |
No Significant Intersections |
||||||||||||
For lab and assay procedures see news release dated January 28, 2009.
Michael Petrina, P.Eng., the Company’s Vice President of Mining and a Qualified Person as defined by National Instrument 43-101, has reviewed and approved the technical disclosure contained in this news release.
Improved Interpretation of Mineralization from Lac La Hache with New Assay Results
Posted by admin in Drill Results, News Releases on February 17th, 2009
GWR Resources Inc. has released new assay results for 15 holes drilled in three zones during its fall 2008 exploration program. The holes were drilled to follow up previous drilling results and to test new geophysical and geochemical targets generated by summer soil sampling, induced polarization (IP) and ground magnetometer surveys.
Aurizon South zone
Previous drill testing of a weak IP anomaly located south of the Central Aurizon zone intersected a new zone (Aurizon South) containing 26 metres of very high gold and copper values (hole AZS08-07). Limited drilling (10 holes to date) has shown this mineralization occurs south of an east-west-oriented fault, down dropped to the south.
Both Central and South Aurizon zones are hosted within hydrothermal breccia cutting orange-altered monzonite with low sulphide content (producing only weak IP responses), and both are cut by northwest faults that displace the mineralization. The Aurizon South zone however is highly enriched in gold and contains non-magnetic hematite rather than magnetite.
New core assay results are tabulated. Hole AZS08-09, drilled 50 metres south of high-grade mineralization in AZS08-07, intersected unaltered, unmineralized monzonite and the zone is interpreted to be fault displaced to the east. Hole AZS08-10 cut a second, relatively thick, lower-grade zone lying 130 metres above the high-grade gold-copper in AZS08-07 and is interpreted as a halo. Although IP responses over this zone are weak, they suggest it shallows to the south-southeast.
Inter-
Northing Easting Elev. Az. Dip EOH From To val Copper Gold
Hole No. (m) (m) (m) (deg) (deg) (m) (m) (m) (m) (%) (g/t)
AZS08-03 5757785 617849 1398 270 -70 481.6 No significant results
AZS08-05 5757796 617890 1396 270 -60 335.2 No significant results
AZS08-06 5757796 617990 1396 270 -60 356.6 47 59 12 0.26 1.27
AZS08-07
(*) 5757791 618090 1385 270 -61 387.1 316 342 26 0.86 6.26
including 316 332 16 1.31 9.20
including 326 332 6 1.92 15.20
AZS08-09 5757737 618092 1385 270 -60 372.0 No significant results
below
AZS08-10 5757791 618090 1385 270 -45 315.5 209 267 58 0.10 0.65
including 229 267 38 0.20 0.83
(*) Results previously released on Dec. 9, 2008.
Holes AZS08-01 to 5 and AZS08-09 were drilled prior to discovery of the new zone, off the trend of mineralization, which has an interpreted plunge to the north-northwest. Future drilling will target this very prospective, open trend.
Central Aurizon zone
Six holes (AZ08-90 to 95) were drilled to define the western boundary of the Central Aurizon zone. Although assays have been received for the first four of these, geology indicates the western boundary lies farther east than previously interpreted, and only hole AZ08-90 has intersected significant grades. Subsequent drilling (AZ08-96 to 98) intersected low-grade mineralization along the western margin of the Aurizon breccia zone, but the first (AZ08-101) of two holes located 50 metres to the east has intersected two interesting zones.
Hole No. From (m) To (m) Interval (m) Copper (%) Gold (g/t)
AZ08-90 38 52 14 0.30 0.54
AZ08-91 - - No significant results
AZ08-92 - - No significant results
AZ08-93 - - No significant results
AZ08-96 50 120 70 0.19 0.39
AZ08-97 349 463 114 below 0.10 0.65
including 349 389 40 0.33 0.74
AZ08-98 171 243 72 below 0.10 0.56
including 171 195 24 0.23 1.00
AZ08-101 81 131 50 0.44 0.67
223 275 52 0.36 0.36
Peach 1 zone
Drilling here has outlined two east-west-trending subparallel zones of low-grade copper mineralization that appear to have been faulted off to the east but remain open to the west. New results from two holes are shown. It is not expected that further work will be undertaken on the Peach zone until compilation and interpretation of results are completed.
Inter-
Elev. Az. Dip EOH From To val Copper Gold
Hole No. N (m) E (m) (m) (deg) (deg) (m) (m) (m) (m) (%) (g/t)
PZ08-19 5758408 615250 1351 220 -70 395.7 No significant results
PZ08-21 5758256 615125 1372 40 -60 518.0 248 273 24 0.26 0.75
and 327 405 78 0.20 0.14
Peach 2 zone
Interpreted results of new IP surveys indicate the large pyritic, low-copper sulphide body defined by drilling here may cap a deeper, copper-rich zone at a depth of 200 metres. Although no further work is currently planned on the Peach 2 zone, this interpretation may be tested in the future.
The company maintains a rigorous quality assurance/quality control program that conforms to the requirements of National Instrument 43-101. Dr. David G. Bailey, PhD, PGeo, is the qualified person as defined by National Instrument 43-101 who accepts responsibility for the technical content of this news release.
Hawthorne Assays 58.24 metres Averaging 1.017 g/t Au Near Surface
Posted by admin in Drill Results, News Releases on February 17th, 2009
Hawthorne Gold and Eureka Resources are pleased to announce the results from 15 additional diamond drill holes (”DDH”) from the 2008 exploration program that consisted of 58 holes (totaling 10,405 metres) on the Frasergold property. The property is located in the Cariboo Gold District of central British Columbia, Canada and is accessible by highway and logging roads year round. Further assaying from the remaining 22 holes is underway and results are expected shortly.
“Hawthorne continues to identify new zones of interest close to surface within the Main Zone, and drilling has increased the gold system to depth. As disclosed in the Company’s press release dated February 5, 2009, the Company identified new mineralization down dip from historical drilling and the mineralized zone continues to increase in size. The Company is currently building a geological model to fully understand the deposit as it works towards the definition of a National Instrument 43-101 compliant resource estimate at Frasergold,” commented Richard Barclay, President & CEO of Hawthorne.
Of interest, DDH FG08-346C intersected 19.70 metres grading 1.098 g/t Au, including 4.45 metres grading 4.000 g/t Au, and DDH FG08-357C intersected 58.24 metres grading 1.017 g/t Au, including 10.50 metres grading 3.858 g/t Au and demonstrated that mineralization continues up dip and to depth. All drill holes intersected estimated true width of the mineralized zones. Drilling also demonstrates that mineralization continues as a wider zone than previously defined by historical drilling, although the extension is at a lower grade. Several of the up dip holes highlight the potential to develop a potential resource by increasing the known width of the known mineralized in the Main Zone and show additional mineralized zones to depth.
“Eureka focused on shallow drilling in the 1980s and 1990s and the true size of the gold system remains unknown. Hawthorne continues to build upon Eureka’s success by expanding the known mineralization in the Main Zone,” stated John J. O’Neill, CEO and President of Eureka.
Highlights of the assay results are presented below:
|
Hole No. |
|
From |
To |
Length |
Au |
|
|
|
(m) |
(m) |
(m) |
(g/t) |
| FG08-315C |
41.04 |
81.07 |
40.03 |
0.518 |
|
|
includes |
43.87 |
49.58 |
5.71 |
2.313 |
|
| FG08-316C |
17.45 |
30.21 |
12.76 |
0.906 |
|
|
51.48 |
96.32 |
44.84 |
0.346 |
||
|
|
|
(m) |
(m) |
(m) |
(g/t) |
| FG08-334C |
7.92 |
80.27 |
72.35 |
0.834 |
|
|
includes |
21.15 |
35.36 |
14.21 |
2.689 |
|
| FG08-336C |
21.94 |
53.95 |
32.01 |
0.506 |
|
|
includes |
45.96 |
52.45 |
6.49 |
1.325 |
|
| FG08-339C |
81.38 |
101.92 |
20.54 |
0.533 |
|
| FG08-341C |
16.73 |
43.06 |
26.33 |
0.300 |
|
|
includes |
26.72 |
35.18 |
8.46 |
0.625 |
|
| FG08-343C |
17.02 |
148.13 |
131.11 |
0.412 |
|
|
includes |
17.02 |
44.30 |
27.28 |
1.139 |
|
| FG08-346C |
3.05 |
22.75 |
19.70 |
1.098 |
|
|
includes |
18.30 |
22.75 |
4.45 |
4.000 |
|
| FG08-347C |
7.53 |
128.17 |
120.64 |
0.396 |
|
|
includes |
11.21 |
13.38 |
2.17 |
2.730 |
|
|
|
|
|
|
||
| FG08-352C |
96.97 |
111.56 |
14.59 |
1.983 |
|
|
includes |
101.80 |
102.25 |
0.45 |
44.190 |
|
| FG08-355C |
30.83 |
82.26 |
51.43 |
0.524 |
|
|
includes |
75.75 |
81.31 |
5.56 |
2.297 |
|
| FG08-357C |
14.00 |
72.24 |
58.24 |
1.017 |
|
|
includes |
15.50 |
26.00 |
10.50 |
3.858 |
|
| FG08-338C, FG08-337C, FG08-344C | No Significant Intersections | ||||
For lab and assay procedures see news release dated January 28, 2009.
Michael Petrina, P.Eng., the Company’s Vice President of Mining and a Qualified Person as defined by National Instrument 43-101, has reviewed and approved the technical disclosure contained in this news release.
2008 Drilling Confirms Gold Mineralization at Frasergold Continues to Depth and Thickness of Main Zone Increases
Posted by admin in Drill Results, News Releases on February 5th, 2009
Hawthorne Gold and Eureka Resources are pleased to announce the results from 14 additional diamond drill holes (”DDH”) from the 2008 exploration program that consisted of 58 holes (totaling 10,405 metres) on the Frasergold property. The property located in the Cariboo Gold District of central British Columbia, Canada and is accessible by highway and logging roads year round. Further assaying from the remaining 37 holes is underway and results are expected shortly.
“Our geological team continues to focus on modelling the deposit to determine the full potential of the system and we are pleased with the success of the drill program to date,” commented Richard Barclay, President & CEO of Hawthorne.
Of interest, DDH FG08-322C intersected 39.77 metres grading 0.952 g/t Au, including 8.59 metres grading 2.528 g/t Au, and DDH FG08-323C intersected 41.93 metres grading 1.503 g/t Au, including 7.00 metres grading 5.909 g/t Au and demonstrated that mineralization continues to depth. All drill holes intersected estimated true width of the mineralized zones. Historical drilling completed in the 1980s and 1990s focused only on defining a mineralized zone close to surface. Hawthorne’s 2007 and 2008 drilling campaigns have demonstrated that mineralization does continue to depth and also extended the known width of the mineralized zone. The goal of the drill program is to work towards the definition of a National Instrument 43-101 compliant gold resource at Frasergold.
“In the 1980s and 1990s our geological teams focused on defining a near surface resource and never fully explored the deposit to depth. Hawthorne is making significant progress at understanding the magnitude of the mineralization that extends for approximately ten kilometres,” stated John J. O’Neill, CEO and President of Eureka.
Highlights from the drill holes are listed in the table given below:
|
Hole No. |
|
From |
To |
Length |
Au |
|
FG08-312C |
|
102.21 |
128.57 |
26.36 |
0.892 |
|
|
includes |
121.04 |
128.57 |
7.53 |
2.351 |
|
|
|
||||
|
FG08-314C |
|
143.87 |
180.89 |
37.02 |
0.832 |
|
|
includes |
145.39 |
152.34 |
6.95 |
4.334 |
|
FG08-317C |
|
209.09 |
228.20 |
19.11 |
0.498 |
|
|
includes |
222.98 |
228.20 |
5.22 |
1.079 |
|
|
|
(m) |
(m) |
(m) |
g/t |
|
FG08-318C |
|
105.35 |
172.75 |
67.40 |
0.527 |
|
|
includes |
157.78 |
167.30 |
9.52 |
1.444 |
|
|
|
||||
|
FG08-320C |
|
107.49 |
141.57 |
34.08 |
0.902 |
|
|
includes |
107.49 |
115.10 |
7.61 |
2.850 |
|
|
|
||||
|
FG08-321C |
|
132.20 |
165.90 |
33.70 |
0.397 |
|
|
includes |
158.44 |
165.90 |
7.46 |
0.845 |
|
|
|
||||
|
FG08-322C |
|
130.32 |
170.09 |
39.77 |
0.952 |
|
|
includes |
140.06 |
148.65 |
8.59 |
2.528 |
|
|
|
||||
|
FG08-323C |
|
105.77 |
147.70 |
41.93 |
1.503 |
|
|
includes |
108.60 |
115.60 |
7.00 |
5.909 |
|
|
|
||||
|
FG08-325C |
|
147.15 |
190.09 |
42.94 |
0.802 |
|
|
includes |
164.87 |
167.92 |
3.05 |
2.871 |
|
|
|
||||
|
FG08-329C |
|
132.90 |
134.92 |
2.02 |
5.200 |
|
|
|
||||
|
FG08-331C |
|
123.00 |
155.45 |
32.45 |
0.687 |
|
|
includes |
124.05 |
136.20 |
12.15 |
1.142 |
|
|
|
||||
|
FG08-332C |
|
127.02 |
200.61 |
73.59 |
0.444 |
|
|
includes |
157.56 |
163.37 |
5.81 |
1.204 |
| FG08-349C and FG08-310C No Significant Intersections | |||||
For lab and assay procedures see news release dated January 28, 2009.
Michael Petrina, P.Eng., the Company’s Vice President of Mining and a Qualified Person as defined by National Instrument 43-101, has reviewed and approved the technical disclosure contained in this news release.
Hawthorne and Eureka Assay 4.38 metres averaging 63.05 g/t Au at Frasergold
Posted by admin in Drill Results, News Releases on January 28th, 2009
Hawthorne Gold and Eureka Resources are pleased to announce significant grade intercepts from the 2008 Frasergold exploration program, which consisted of 58 diamond drill holes (totaling 10,405 metres). The property is in the Cariboo Gold District of central British Columbia, Canada and is accessible by highway and logging roads year round. Of interest, Hole No. 08-319 intersected 2.08 metres averaging 47.36 g/t Au, and hole No. 08-354 intersected 4.38 metres averaging 63.05 g/t Au. Further assaying from the remaining holes continues and results are expected shortly. See hole details below.
“Hawthorne continues to identify a large low-grade mineralized gold system at Frasergold that hosts significant high-grade mineralization. As indicated previously, 54% of all holes in the 2008 drill program encountered visible gold in the core, and 83% of the holes within the northwest zone encountered visible gold. The gold distribution within the Main Zone appears to be structurally controlled and our geological team are confirming a mineralized zone that continues to extend to the northwest outside of the Main Zone,” commented Richard Barclay, President & CEO of Hawthorne.
“Historical drilling completed by Eureka on the Frasergold property indicated the opportunity for bonanza style grades and when combined with the consistent wide lower grade intercepts lend to the potential opportunity of a potential bulk tonnage open pittable deposit. We are very pleased with the progress and results to date from Hawthorne’s exploration activity,” stated John J. O’Neill, CEO and President of Eureka.
|
Hole No. |
|
From |
To |
Length |
Au |
|
|
|
(m) |
(m) |
(m) |
g/t |
|
08-319 |
and |
117.96 |
203.30 |
85.34 |
1.56 |
|
includes |
131.35 |
133.43 |
2.08 |
47.36 |
|
|
|
|
|
|
|
|
|
08-354 |
|
7.92 |
56.69 |
48.77 |
5.84 |
|
includes |
7.92 |
12.30 |
4.38 |
63.05 |
|
|
|
|
|
|
|
Mineralization continues to fit the orogenic lode-gold deposit model type with higher-grade course gold occurring predominantly within quartz carbonate veins ranging in size from 5 to 60 centimeters. These quartz veins typically contain a carbonate breccia with sulphides found in low abundance (~ 1 to 3 %) which are hosted within the main Knotted Phyllite unit. In addition, gold mineralization within the veins generally occurs along the margins of the veining and preferentially resides within fine fractures suggesting that the higher grade mineralization is late stage.
All logged core samples were collected in segments ranging from 0.30 to 1.5 metres, which were subsequently split using a diamond saw and sent to International Plasma Labs (IPL) for analysis with check assays being performed by ALS Chemex Labs of North Vancouver. A rigorous and time consuming sampling and assay protocol included an initial 30 gram fire assay be performed on all samples, with a subsequent one kilogram metallic screen analysis with triplicate samples of the minus 150 mesh fraction being performed on all fire assay values yielding results >0.1 g/t to ensure the most appropriate assay representation of each gold anomalous sample was obtained. Quality assurance and quality control included blanks and standards randomly inserted throughout the program, while field duplicates and preparation duplicates were also randomly taken throughout the program.
Michael Petrina, P.Eng., the Company’s Vice President of Mining and a Qualified Person as defined by National Instrument 43-101, has reviewed and approved the technical disclosure contained in this news release.
About the Frasergold Option Agreement
Pursuant to an option agreement dated October 31, 2006 between Hawthorne and Eureka, Hawthorne can earn a 51% interest in the Frasergold property by completing sufficient exploration expenditures totaling $3.5 million (expended), completing a feasibility study by April 30, 2010 and making cash payments totaling $175,000 ($125,000 paid to date) before October 31, 2009. Hawthorne can earn a further 9% (for a total of 60%) by arranging financing for 70% of the estimated capital costs for production.
Skygold Intersects High Grade Gold at Spanish Creek
Posted by admin in Drill Results, News Releases on January 14th, 2009
Skygold Ventures is pleased to announce the discovery of a new zone of gold mineralization (“Thunder Ridge Showing”) on its 100% owned Spanish Creek Project in central British Columbia. The Spanish Creek Project is located approximately 100 km southeast of Skygold’s flagship Spanish Mountain Project. An initial phase of drilling, completed late in 2008, returned values up to 223.0 g/t (6.79 oz/t) gold over 0.5 metres. While Skygold continues to focus on advancing the Spanish Mountain Project, the high grade nature of the Thunder Ridge Showing highlights the potential of the Company’s other projects.
Highlights:
- Hole SC-005 intersects 45.49 g/t gold over 2.5 metres including 223.0 g/t gold over 0.5 metre.
- Hole SC-007 intersected 1.23 g/t gold over 11.5 metres including 4.83 g/t gold over 1.5 metres and 1.32 g/t gold over 6.5 metres in separate horizons.
- 5 of the 7 holes intersected anomalous gold mineralization with assays of at least 0.30 g/t gold including hole SC-002 with 28.2 metres of 0.48 g/t gold and hole SC-007 with 28.0 metres of 0.68 g/t gold.
- A number of sub-parallel structures have been interpreted from the soil geochemical data and drilling results. Holes SC-005 and SC-007 are approximately 600 metres apart.
The Spanish Creek Project is located approximately 50 kilometres northeast of the town of 100 Mile House in central British Columbia. The property is underlain by a sequence of Triassic black phyllite similar to the rocks that underlie the Main Zone at the Spanish Mountain Property. Gold mineralization is associated with silica flooding and quartz veining within northeast trending structures.
The 2008 drill program consisted of 7 holes totaling 1552 metres and targeted structures defined by northeast trending soil geochemical anomalies. The property has been the subject of very little previous exploration, has no outcrop exposures and had never been drilled. The results from drilling have identified a corridor at least 400 metres wide and 750 metres long that contains numerous sub parallel quartz veins with anomalous gold, silver and arsenic values. The corridor appears to be open in all directions. A map showing the location of drill holes may be viewed by visiting the Company’s website – www.skygold.ca
Brian Groves, President of Skygold stated: “We are extremely pleased with the results from our initial drilling program at Spanish Creek. The fact that 5 of 7 holes intersected gold mineralization, with high grades intersected in hole SC-005, in an area that has been the subject of limited previous surface work is very encouraging. The broad zones of quartz veining and the scale of the initial soil anomaly indicate a very high priority target that warrants further exploration. While Skygold’s focus remains on the advanced stage exploration project at Spanish Mountain, the new discovery at Thunder Ridge continues to demonstrate the potential of the Company’s portfolio of projects.”
Project Quality Control / Quality Assurance
NQ core samples were logged and cut with a diamond saw on site. Recoveries were generally better than 90%. Samples were shipped directly to ALS Chemex. ALS Chemex of North Vancouver BC, a BC accredited laboratory which is independent of the Company, is conducting the sample preparation and analyses of samples. Skygold routinely submits standards, blanks and duplicates into the sample stream to maintain quality control. All gold analyses will utilize standard screen metallic assay techniques. Robert Darney, P.Geo. and R. Bob Singh P.Geo are the qualified persons (as defined in NI 43-101) who have reviewed this news release.

