Highlights
Hole BS-21-245 returned 9.5m of 14.0% Zn, 0.42% Cu, 76.9 g/t Ag and 0.37 g/t Au, including 0.9m of 57.2% Zn, 0.28% Cu, 24.9 g/t Ag and 0.06 g/t Au.
High-grade results from hole BS-21-245 compare favourably to the existing Indicated resource grade of the Massive Sulphide zone at Bigstone of 9.9% Zn, 0.25% Cu, 16.5 g/t Ag and 0.33 g/t Au.
Precious metal anomalies were also intercepted in several holes at Bigstone, including 0.5m of 63.0 g/t Ag, 5.49 g/t Au in hole BS-21-246 and 0.5m of 454.0 g/t Ag and 2.06 g/t Au in hole BS-21-247. Hole BS-21-246 also hit 3.1% Cu within the same intercept.
Preliminary intercepts continue to strengthen Foran's confidence in both the Bigstone deposit and the entire region where we will be testing additional targets in 2022.
We are especially positively surprised by the high-grade zinc intercepts as well as encouraged by the continuation of significant copper values which continue to illustrate the robust nature of the Bigstone deposit, where we believe we are currently just scratching the surface of the potential of the entire Bigstone area. It is also very promising to encounter recurring gold and silver anomalies that could potentially lead to higher precious metal content within the deposit and could be discovered at other targets. Bigstone and the surrounding area have the potential to become a key contributor in our goal to develop the district into
2021 Bigstone Drill Program
Foran's 2021 Bigstone exploration drill program consisted of 14 holes in 5,716 metres, completed between August and
Hole BS-21-245 was drilled on section 15+75N, near the southern-end of the deposit, targeting an inferred portion of deposit at depth and the potential expansion of a lower zone of mineralization to the south. The hole successfully intersected the massive sulphide horizon, where it could expand the indicated resources in that area. The hole also intersected an underlying zone of copper-rich mineralization, which should grow the resource in this sector of the deposit.
Hole BS-21-246 was drilled on the same section as BS-21-245 where it successfully intersected the deposit approximately 50m further up-dip. BS-21-246 intersected the massive sulphide horizon and a similar underlying high grade copper zone as encountered in BS-21-245. BS-21-246 also intersected a narrow gold-rich horizon in the hanging wall above the massive sulphide that had previously been unrecognized in the historic drilling. Assays below 297.7m are pending from the lab.
Hole BS-21-247 was drilled on section 16+25N where it targeted the lower zone in a 150m gap between historic holes. BS-21-247 successfully intersected the massive sulphide horizon and the underlying copper zone seen in BS-21-245 and 246, as well as, the targeted lower zone containing high-grade zinc. This intersection should allow the mineralized intervals for this zone in the historic drill holes to be connected. BS-21-247 also interested a new gold-rich zone in the hanging wall above the massive sulphide which may correlate with the gold intersection in the same area in BS-21-245.
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Email: jfrench@foranmining.com
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