Drilling Highlights
- Hole OS-22-283 intersected 33.20 m of 2.63 g/t gold, including 6.75 m of 9.29 g/t gold at the
Osiris Zone ; - Hole OS-22-285 intersected 10.80 m of 3.69 g/t gold, including 2.14 m of 10.91 g/t gold at the
Osiris Zone ; and - Drilling continues to demonstrate the open nature of the existing resources at the Osiris Deposit.
"We were pleased to be back drilling at Nadaleen for the first time since 2018," stated
Figure 1 – Osiris 2022 Drill Map
Figure 2 – OS-22-285 Cross Section
Figure 3 – OS-22-282 and -283 Cross Section
Nadaleen Drilling Summary
The Nadaleen exploration program consisted of five diamond drill holes totaling 1,551 m at the Conrad, Osiris and Sunrise zones, part of the Osiris Deposit. Drilling focused on extending known gold mineralization down dip at Osiris and Sunrise, and providing better definition of gold mineralization at Conrad.
Zone | Drill Hole | From (m) | To (m) | Interval* (m) | Grade (g/t gold) |
Conrad | OS-22-281 | No significant results (abandoned) | |||
Osiris | OS-22-282 | 128.75 | 151.00 | 22.25 | 1.02 |
and | 193.00 | 197.00 | 4.00 | 5.07 | |
incl. | 194.13 | 195.36 | 1.23 | 11.75 | |
Osiris | OS-22-283 | 114.80 | 148.00 | 33.20 | 2.63 |
incl. | 114.80 | 120.34 | 5.54 | 10.38 | |
Sunrise | OS-22-284 | 318.63 | 320.00 | 1.37 | 3.53 |
Osiris | OS-22-285 | 292.00 | 302.80 | 10.80 | 3.69 |
incl. | 294.31 | 296.45 | 2.14 | 10.91 |
* | The reported intersections are drilled thicknesses and are believed to represent approximately 80 to 100 % true widths. |
Hole OS-22-281 targeted a gap in drilling within the fold closure of the Conrad zone. Challenging drilling conditions led to loss of recovery and the hole was abandoned in the Nadaleen fault before intersecting the target zone.
Holes OS-22-282 and -283 targeted the down dip extension of gold mineralization at the Osiris zone, undercutting OS-18-279 (16.16 m of 6.46 g/t gold). Hole OS-22-282 returned two intersections with significant gold. 22.25 m of 1.02 g/t was intersected from 128.75 m at the upper contact of the limestone and dolostone units. Deeper in the hole, 4.00 m of 5.07 g/t gold was intersected from 193.00 m, a 40 m step-out down dip of known mineralization along the lower contact between the limestone and the mudstone and lies outside of the existing resource.
Hole OS-22-283 undercut hole OS-22-282 and intersected 33.20 m of 2.63 g/t at the upper dolostone-limestone contact within an inferred portion of the existing resource. The lower limestone-mudstone contact was not tested as the hole terminated early due to drilling complications.
Hole OS-22-284 targeted an extension of the Sunrise zone at depth and returned 1.37 m of 3.53 g/t gold from 318.63 m, suggesting the zone may be pinching out in this area.
Hole OS-22-285 targeted the down dip extension of mineralization at the Osiris zone and returned 10.80 m of 3.69 g/t gold from 292.00 m, including 2.14 m of 10.91 g/t gold. This represents a 45 m step-out down-dip from previously known mineralization along the limestone-dolostone contact and is outside the existing resource.
Further technical information on the Nadaleen project and 2022 exploration, including additional cross-sections and plan maps, can be found on
Property Geology and Mineralization
The project hosts two distinct clusters of occurrences, referred to as the Osiris and Anubis clusters. The Osiris cluster is host to the Osiris Deposit (Indicated: 732,000 oz @ 4.12 g/t Au; Inferred: 1,044,000 oz @ 3.47 g/t Au), comprised of the Conrad, Sunrise, Osiris and Ibis zones, and is where 2022 drilling was completed. All zones at the Osiris deposit outcrop at surface and remain open in multiple directions. Four other
The bedrock geology at the Osiris cluster consists of Neoproterozoic to Cambrian slope-facies sedimentary rocks, part of the Windermere Supergroup. Gold mineralization is preferentially hosted in carbonate rocks, primarily silty limestones. Mineralization is typical of
QA/QC
Analytical work for core samples was completed by
Rigorous procedures are in place regarding sample collection, chain of custody and data entry. Certified assay standards, duplicate samples and blanks are routinely inserted into the sample stream of diamond drill samples to ensure integrity of the assay process. All diamond drill samples included in this news release have passed the QA/QC procedures as described above. All assay intervals presented in this news release are uncut.
The technical information in this news release has been approved by
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Cautionary note regarding forward-looking statements:
This press release may contain "forward-looking information" within the meaning of applicable securities laws. Readers are cautioned to not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The statements in this press release are made as of the date of this press release. The Company undertakes no obligation to update forward-looking information, except as required by securities laws.
Cautionary Note to U.S. Investors concerning estimates of Measured, Indicated, and Inferred Resources:
The mineral resource estimates included in this press release have been prepared in accordance with Canadian National Instrument 43-101 – Standards of Disclosure for Mineral Projects.
Additional information about the Tiger Deposit PEA is summarized in
SOURCE
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