DRILL PROGRAM HIGHLIGHTS & UPDATE:
Hole SA -0052 atSilica Ridge intersected a broad mineralized zone of 83.8m (275 ft) @ 1.50 g/t Au from surface (all oxide) and included a high-grade feeder of 3m @ 14.67 g/t from 1.5m.Hole SA -0044 also atSilica Ridge , returned 47.2m (155ft) of gold mineralization grading 1.54 g/t Au from 1.5m including 6.1m @ 8.01g/t from 3m (all oxide).Hole SA -0037 from North Hill returned 32m @ 1.31g/t Au from 42.7m including 1.5m @ 9.34g/t Au (all oxide).- At a new project area,
Sandbowl, SA -0053 intersected 1.5 m @ 0.46 g/t Au from 13.7 m (45 ft) and 7.6 m @ 0.24 g/t Au from 102.1 m (335 ft), and SA-0054 intersected 13.7 m @ 0.22 g/t Au from 97.5 m (320 ft) and 3.0 m @ 0.82 g/t Au from 149.4 m (490 ft). These hits indicate a newly defined gold system worthy of follow-up targeting. - SA-0057 located 1.7 km (1.1 mile) north of
Abel Knoll intersected 13.7 m (45 ft) @ 0.42 g/t Au from 175.2 m (575 ft) within an interpreted north-south structure forming part of a Tertiary basin margin zone linking SE Pediment andAbel Knoll . This newly discovered mineralized zone is open to the north and south. - Sandman Scoping Study investigating circa 40,000 ounce per annum production scenario is underway and is expected to be completed in
September 2022
Gold Bull CEO,
The drill results yielded widespread gold intersections, including high grade at North Hill,
2022 Sandman Drill Program Summary
The Sandman 2022 drill program comprised 24 reverse circulation drill holes for 4,954m (16,253 feet). All assays have now been received. The program included eight (8) holes targeting deeper mineralization beneath the existing mineral resources at North Hill and Silica Ridge, a further eight (8) holes were drilled around existing deposits testing for extensions to the currently defined Mineral Resource Estimate (MRE). Eight (8) scout holes were drilled testing targets at Midway, Sandbowl and Windmill.
Although the scout holes did not yield a high-grade discovery, the intersection of multiple zones of low-grade strata-bound mineralization at Sandbowl may indicate the presence of a gold-bearing fluid feeder structure that has not yet been intersected by drilling. Similarly, the intersection of 13.7 m (45 ft) @ 0.42 g/t Au from 175.2 m (575 ft) in an interpreted north-south striking structure 1.7 km (1.1 mile) north of
Best drilling results from the program included:
- SA-0035: 7.6 m (25 ft) @ 1.51 g/t Au from 48.8 m (160 ft), including
- 1.5 m (5 ft) @ 5.10 g/t Au from 50.3 m (70 ft)
- SA-0036: 19.8 m (65 ft) @ 0.71 g/t Au from 33.5 m (110 ft), including
- 9.1 m (30 ft) @ 0.84 g/t Au from 33.5 m (110 ft), including
- 1.5 m (5 ft) @ 2.91 g/t from 36.6 m (125 ft)
- 1.5 m (5 ft) @ 1.23 g/t Au from 51.8 m (170 ft)
- 9.1 m (30 ft) @ 0.84 g/t Au from 33.5 m (110 ft), including
- SA-0037: 32 m (105 ft) @ 1.31 g/t Au from 42.7 m (140 ft), including
- 19.8 m (65 ft) @ 1.56 g/t Au from 42.7 m (140 ft), including
- 1.5 m at 9.34 g/t Au
- 7.6 m (25 ft) @ 1.40 g/t Au from 67.1 m (220 ft)
- 19.8 m (65 ft) @ 1.56 g/t Au from 42.7 m (140 ft), including
- SA-0038: 7.6 m (25 ft) @ 2.35 g/t Au from 83.8 m (275 m), including
- 1.5 m (5 ft) @ 9.3 g/t Au from 88.4 m (290 ft)
- SA-0044: 47.2 m (155 ft) @ 1.54 g/t Au from 1.5 m (5 ft), including
- 6.1 m (20 ft) @ 8.01 g/t Au from 3 m (10 ft)
- 1.5 m (5 ft) @ 13.87 g/t from 3 m (10 ft)
- 1.5 m (5 ft) @ 1.15 g/t from 24.4 m (80 ft)
- SA-0045: 74.7 m (245 ft) @ 0.93 g/t Au from 0 m (0 ft), including
- 3 m (10 ft) @ 1.55 g/t Au from 0 m (0 ft)
- 51.8 m (170 ft) at 1.12 g/t Au from 22.9 m (75 ft), including
- 3 m (10 ft) @ 2.28 g/t Au from 25.9 m (85 ft)
- 18.3 m (60 ft) at 1.98 g/t Au from 38.1 m (125 ft), including
- 1.5 m (5 ft) @ 13.13 g/t Au from 41.1 m (135 ft)
- 7.6 m (15 ft) @ 1.25 g/t Au from 65.5 m (215 m)
- SA—0049: 56.4 m (185 ft) @ 0.20 g/t Au from 103.6 m (340 ft)
- SA-0052: 83.8 m (275 ft) @ 1.50 g/t Au from 0 m (0 ft), including
- 13.7 m (45 ft) @ 4.52 g/t Au from 0 m (0 ft), including
- 3 m (10 ft) @ 14.67 g/t Au from 1.5 m (5 ft), including
- 1.5 m (5 ft) @ 15.53 g/t Au from 1.5 m (5 ft)
- 3 m (10 ft) @ 14.67 g/t Au from 1.5 m (5 ft), including
- 3 m (10 ft) @ 2.75 g/t Au from 36.6 m (120 ft)
- 16.8 m (55 ft) @ 3.05 g/t Au from 65.5 m (215 ft)
- 6.1 m (20 ft) @ 8.24 g/t Au from 71.6 m (235 ft)
- 13.7 m (45 ft) @ 4.52 g/t Au from 0 m (0 ft), including
Figure 1. location map showing 2022 Sandman drill program with drill holes relative to deposits North Hill, Silica Ridge and
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Silica Ridge
Six (6) holes were drilled at Silica Ridge, with four drill holes (
The best results intersected at Silica Ridge were received from holes
The highest-grade mineralization within the Silica Ridge Mineral Resource Estimate occurs at the intersection of structures striking north-northwest to south-southwest and east-west, intruded by a mafic dike.
Figure 2. Silica Ridge map showing drill hole locations for 2022 holes
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Figure 3. Silica Ridge cross section showing results for holes
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North Hill
Five (5) drill holes were drilled at North Hill with four (4) holes (
The drill holes targeted intersecting gold bearing structures below the North Hill deposit and high-grade gold was intersected in the upper portions of the holes, with intermittent lower grade (>0.1 g/t) gold intersected in the deeper portions of the drill holes. Results from SA-0035 returned more consistent gold at depth above the basement phyllite contact, indicating the hole is possibly close to a gold bearing structure. Further evaluation of this hole and potential feeder structures is required.
The best North Hill intersections include holes SA-0035 returning 7.6 m (25 ft) @ 1.51 g/t Au from 48.8 m (160 ft), and SA-0036 returning 19.8m (65 ft) @ 0.71 g/t Au from 33.5m (110 ft) including 9.1m (30 ft) @ 0.84 g/t Au from 33.5m (110) ft and including 1.5m (5 ft) @ 2.91 g/t from 36.6m (125 ft).
Figure 4. North Hill plan showing deep deposit drill holes
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Figure 5. North Hill cross section depicting results for holes
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Six (6) holes were drilled at Abel Knoll targeting deposit step-out holes with five (5) drilled to the east of the prior 2021 Mineral Resource Estimate (MRE) boundary and one (1) drilled north of the western mineralized diatreme breccia.
Step out drilling east of the Abel Knoll MRE intersected low-grade (0.2 to 0.4 g/t Au) mineralization in holes
Mineralization remains open to the east, north and below the existing 2021 Mineral Resource at Abel Knoll and further studies are required to understand the potential to add ounces to the existing estimate by further exploration in these areas.
Exploration Scout holes
Eight (8) exploration scout holes were drilled to test targets at Sandbowl (SA-0053 and SA-0054), Midway (SA-0040 and SA-0041), east of the Silica Ridge deposit (SA-0046), Windmill (SA-0055), west of North Hill (SA-0034) and north of
Gold mineralization was intersected in the Sandbowl holes, with SA-0053 and SA-0054 returning low grade but anomalous gold in a fluviatile Tertiary sequence.
Drill Summary Tables
Tables 1 to 4, in the Appendix are summaries of the 2022 Sandman drilling program. Table 1 provides summary of the 2022 Sandman reverse circulation drill program with the number of holes drilled with total drilled meters and feet. Table 2 provides summary of the holes drilled per Prospect and include hole target type, hole ID, hole depth in meters and feet and the number of assays per drill hole analysed. Table 3 provides summary of the drill hole details including hole ID, total depth in meters and feet, easting, northing, and elevation collar location as well as drill hole azimuth and dip. Table 4 provides summary of significant mineralized intersections with hole ID, from and to in meters and feet, width of downhole mineralized interval (not true width) and calculation of gold grade in grams per tonne.
Next Steps
Geological Evaluation of the 2022 Sandman Drill hole results is ongoing along with further assessment of Sandman’s potential mine scenario via a detailed Scoping Study. The Scoping Study is anticipated to be completed in the second half of
About Sandman
In
Qualified Person
Quality Assurance – Quality Control
Samples are submitted to American Assay Laboratories’ analytical facility in
About
Gold Bull’s mission is to grow into a US focused mid-tier gold development Company via rapidly discovering and acquiring additional ounces. The company’s exploration hub is based in
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Gold Bull is driven by its core values and purpose which includes a commitment to safety, communication & transparency, environmental responsibility, community, and integrity.
President and CEO,
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Cautionary Note Regarding Forward-Looking Statements
Neither the
This news release contains certain statements that may be deemed “forward-looking statements” with respect to the Company within the meaning of applicable securities laws. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential”, “indicates”, “opportunity”, “possible” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although Gold Bull believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, are subject to risks and uncertainties, and actual results or realities may differ materially from those in the forward-looking statements. Such material risks and uncertainties include, but are not limited to, the Company’s ability to raise sufficient capital to fund its obligations under its property agreements going forward, to maintain its mineral tenures and concessions in good standing, to explore and develop its projects, to repay its debt and for general working capital purposes; changes in economic conditions or financial markets; the inherent hazards associates with mineral exploration and mining operations, future prices of copper and other metals, changes in general economic conditions, accuracy of mineral resource and reserve estimates, the potential for new discoveries, the ability of the Company to obtain the necessary permits and consents required to explore, drill and develop the projects and if obtained, to obtain such permits and consents in a timely fashion relative to the Company’s plans and business objectives for the projects; the general ability of the Company to monetize its mineral resources; and changes in environmental and other laws or regulations that could have an impact on the Company’s operations, compliance with environmental laws and regulations, dependence on key management personnel and general competition in the mining industry. Forward-looking statements are based on the reasonable beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by law, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.
APPENDIX - Drill hole summary 2022 Sandman Drill Program
Table 1 below provides a summary of the 2022 Sandman reverse circulation drill program with the number of holes drilled with total drilled meters and feet.
Table 1 Summary table of 2022 Sandman Drill program
Reverse Circulation Drill holes | # (number) | Total meters | Total Feet |
Holes drilled | 24 | 4,954 | 16,253 |
Table 2 below is a summary of the 2022 Sandman reverse circulation drill program holes. The table provides summary of drilled holes per Prospect, hole target type, hole ID, hole depth in meters and feet and the number of assays per drill hole analysed.
Table 2 Reverse circulation drill holes drilled as part of 2022 Phase 1 drill program.
Prospect | Target Type | Hole ID | Depth RC (m) | Depth RC (ft) | # Assays analysed |
Exploration | Scout | SA-0034 | 207 | 680 | 136 |
North Hill | Deep Deposit | SA-0035 | 180 | 590 | 118 |
North Hill | Deep Deposit | SA-0036 | 171 | 560 | 111 |
North Hill | Deep Deposit | SA-0037 | 232 | 760 | 152 |
North Hill | Deep Deposit | SA-0038 | 201 | 660 | 132 |
North Hill | Deposit | SA-0039 | 201 | 660 | 132 |
Midway | Scout | SA-0040 | 113 | 370 | 74 |
Midway | Scout | SA-0041 | 74 | 243 | 48 |
Silica Ridge | Deposit | SA-0042 | 140 | 460 | 92 |
Silica Ridge | Deep Deposit | SA-0043 | 244 | 800 | 160 |
Silica Ridge | Deep Deposit | SA-0044 | 290 | 950 | 190 |
Silica Ridge | Deep Deposit | SA-0045 | 207 | 680 | 136 |
Silica Ridge | Scout | SA-0046 | 189 | 620 | 124 |
Deposit | SA-0047 | 201 | 660 | 132 | |
Deposit | SA-0048 | 201 | 660 | 132 | |
Deposit | SA-0049 | 250 | 820 | 164 | |
Deposit | SA-0050 | 250 | 820 | 164 | |
Deposit | SA-0051 | 250 | 820 | 164 | |
Silica Ridge | Deep Deposit | SA-0052 | 249 | 820 | 129 |
Exploration | Scout | SA-0053 | 140 | 460 | 92 |
Exploration | Scout | SA-0054 | 256 | 840 | 167 |
Exploration | Scout | SA-0055 | 232 | 760 | 151 |
Deposit | SA-0056 | 250 | 820 | 164 | |
Exploration | Scout | SA-0057 | 226 | 740 | 148 |
TOTAL | 24 | 4954 | 16253 | 3212 |
Table 3 below details drill holes completed for the 2022 Sandman reverse circulation drill program and includes hole ID, total depth in meters and feet, easting, northing and elevation collar location, drill hole azimuth and dip.
Table 3 Drill hole summary table for 2022 reverse circulation drill program. Co-ordinate system
Hole ID | Total depth (m) | Total depth (ft) | Easting | Northing | Elevation | Azimuth collar | Dip collar |
SA-0034 | 207 | 680 | 414705 | 4548352 | 1353.4 | 270 | -60 |
SA-0035 | 180 | 590 | 415011 | 4548590 | 1372.1 | 280 | -60 |
SA-0036 | 171 | 560 | 415043 | 4548591 | 1371.8 | 67 | -60 |
SA-0037 | 232 | 760 | 415068 | 4548580 | 1372.3 | 160 | -60 |
SA-0038 | 201 | 660 | 415042 | 4548527 | 1372.8 | 290 | -60 |
SA-0039 | 201 | 660 | 415354 | 4548430 | 1377.7 | 200 | -60 |
SA-0040 | 113 | 370 | 415055 | 4547299 | 1367.2 | 275 | -55 |
SA-0041 | 74 | 243 | 415310 | 4547091 | 1372.3 | 275 | -60 |
SA-0042 | 140 | 460 | 415799 | 4546057 | 1379.9 | 190 | -60 |
SA-0043 | 244 | 800 | 415893 | 4546030 | 1377 | 107 | -60 |
SA-0044 | 289 | 950 | 416090 | 4546034 | 1405.968 | 182 | -50 |
SA-0045 | 207 | 680 | 416071 | 4546016 | 1400 | 245 | -55 |
SA-0046 | 189 | 620 | 416662 | 4545890 | 1348 | 30 | -55 |
SA-0047 | 201 | 660 | 420625 | 4537650 | 1373.576 | 0 | -60 |
SA-0048 | 201 | 660 | 420625 | 4537692 | 1376.56 | 0 | -60 |
SA-0049 | 250 | 820 | 420622 | 4537596 | 1373 | 0 | -60 |
SA-0050 | 250 | 820 | 420674 | 4537642 | 1386 | 0 | -60 |
SA-0051 | 250 | 820 | 420621 | 4537744 | 1378 | 0 | -60 |
SA-0052 | 250 | 820 | 416068 | 4546010 | 1415 | 220 | -55 |
SA-0053 | 140 | 460 | 414439 | 4548290 | 1348.368 | 270 | -55 |
SA-0054 | 256 | 840 | 414442 | 4548295 | 1348.077 | 85 | -75 |
SA-0055 | 231 | 760 | 418389 | 4545851 | 1352.956 | 265 | -55 |
SA-0056 | 249 | 820 | 420231 | 4537849 | 1355.674 | 125 | -55 |
SA-0057 | 225 | 740 | 420189 | 4539557 | 1395.853 | 100 | -60 |
Table 4 below details significant mineralized intersections for the 2022 Sandman reverse circulation program. These drill intersections include hole ID, from and to in meters and feet, width of downhole mineralized interval and calculation of gold grade in grams per tonne.
Table 4 Significant gold intersections from 2022 drilling program
Hole ID | From (m) | To (m) | Width (m) | From (ft) | To (ft) | Width (ft) | Gold grade g/t |
SA-0034 | 193.5 | 195 | 1.5 | 635 | 640 | 5 | 0.23 |
SA-0035 | 12.2 | 13.7 | 1.5 | 40 | 45 | 5 | 0.23 |
SA-0035 | 22.9 | 25.9 | 3.0 | 75 | 85 | 10 | 0.78 |
SA-0035 | 42.7 | 45.7 | 3.0 | 140 | 150 | 10 | 0.57 |
SA-0035 | 48.8 | 56.4 | 7.6 | 160 | 185 | 25 | 1.51 |
including | 50.3 | 51.8 | 1.5 | 165 | 70 | 5 | 5.1 |
SA-0035 | 106.7 | 108.2 | 1.5 | 350 | 355 | 5 | 0.25 |
SA-0035 | 131.1 | 132.6 | 1.5 | 430 | 435 | 5 | 0.24 |
SA-0035 | 134.1 | 137.1 | 3.0 | 440 | 450 | 10 | 0.38 |
SA-0035 | 143.3 | 144.8 | 1.5 | 470 | 475 | 5 | 0.68 |
SA-0036 | 33.5 | 53.3 | 19.8 | 110 | 175 | 65 | 0.71 |
including | 33.5 | 42.6 | 9.1 | 110 | 140 | 30 | 0.84 |
and | 36.6 | 38.1 | 1.5 | 120 | 125 | 5 | 2.91 |
including | 44.2 | 53.3 | 9.1 | 145 | 175 | 30 | 0.69 |
and | 51.8 | 53.3 | 1.5 | 170 | 175 | 5 | 1.23 |
SA-0036 | 64 | 65.5 | 1.5 | 210 | 215 | 5 | 0.33 |
SA-0036 | 68.6 | 70.1 | 1.5 | 225 | 230 | 5 | 0.81 |
SA-0037 | 42.7 | 74.7 | 32 | 140 | 245 | 105 | 1.31 |
including | 42.7 | 62.5 | 19.8 | 140 | 205 | 65 | 1.56 |
including | 59.4 | 60.9 | 1.5 | 195 | 200 | 5 | 9.34 |
and | 67.1 | 74.7 | 7.6 | 220 | 245 | 25 | 1.4 |
SA-0037 | 77.7 | 79.2 | 1.5 | 255 | 260 | 5 | 0.26 |
SA-0037 | 160 | 161.5 | 1.5 | 525 | 530 | 5 | 0.2 |
SA-0038 | 4.6 | 6.1 | 1.5 | 15 | 20 | 5 | 0.32 |
SA-0038 | 36.6 | 39.6 | 3 | 120 | 130 | 10 | 0.72 |
SA-0038 | 83.8 | 91.4 | 7.6 | 275 | 300 | 25 | 2.35 |
including | 88.4 | 91.4 | 3 | 290 | 300 | 10 | 5.7 |
including | 88.4 | 89.9 | 1.5 | 290 | 295 | 5 | 9.3 |
SA-0039 | 39.6 | 44.2 | 4.6 | 130 | 145 | 15 | 0.94 |
including | 39.6 | 41.1 | 1.5 | 130 | 135 | 5 | 2.24 |
SA-0041 | 22.9 | 24.4 | 1.5 | 75 | 80 | 5 | 0.24 |
SA-0041 | 38.1 | 39.6 | 1.5 | 125 | 130 | 5 | 0.48 |
SA-0042 | 53.3 | 54.8 | 1.5 | 175 | 180 | 5 | 0.21 |
SA-0043 | 27.4 | 29 | 1.5 | 90 | 95 | 5 | 0.25 |
SA-0043 | 36.6 | 39.6 | 3 | 120 | 130 | 10 | 0.51 |
SA-0043 | 44.2 | 53.3 | 9.1 | 145 | 175 | 30 | 0.47 |
SA-0043 | 158.5 | 160 | 1.5 | 520 | 525 | 5 | 0.20 |
SA-0044 | 1.5 | 48.7 | 47.2 | 5 | 160 | 155 | 1.54 |
including | 3 | 9.1 | 6.1 | 10 | 30 | 20 | 8.01 |
including | 3 | 4.5 | 1.5 | 10 | 15 | 5 | 13.87 |
including | 24.4 | 25.9 | 1.5 | 80 | 85 | 5 | 1.15 |
SA-0044 | 114.3 | 115.8 | 1.5 | 375 | 380 | 5 | 0.21 |
SA-0045 | 0 | 74.7 | 74.7 | 0 | 245 | 245 | 0.93 |
SA-0045 | 0 | 10.7 | 10.7 | 0 | 35 | 35 | 0.82 |
including | 0 | 3 | 3.0 | 0 | 10 | 10 | 1.55 |
SA-0045 | 16.8 | 19.8 | 3.0 | 55 | 65 | 10 | 0.39 |
SA-0045 | 22.9 | 74.7 | 51.8 | 75 | 245 | 170 | 1.12 |
SA-0045 | 22.9 | 29 | 6.1 | 75 | 95 | 20 | 1.41 |
including | 25.9 | 28.9 | 3.0 | 85 | 95 | 10 | 2.28 |
SA-0045 | 30.5 | 32 | 1.5 | 100 | 105 | 5 | 0.30 |
SA-0045 | 33.5 | 36.5 | 3.0 | 110 | 120 | 10 | 0.59 |
SA-0045 | 38.1 | 56.4 | 18.3 | 125 | 185 | 60 | 1.98 |
including | 41.1 | 42.6 | 1.5 | 135 | 140 | 5 | 13.13 |
SA-0045 | 57.9 | 59.4 | 1.5 | 190 | 195 | 5 | 1.78 |
SA-0045 | 61 | 74.7 | 13.7 | 200 | 245 | 45 | 0.86 |
including | 65.5 | 73.1 | 7.6 | 215 | 240 | 25 | 1.25 |
including | 71.6 | 73.1 | 1.5 | 235 | 240 | 5 | 1.64 |
SA-0045 | 79.3 | 80.8 | 1.5 | 260 | 265 | 5 | 0.28 |
SA-0045 | 155.4 | 166.1 | 10.7 | 510 | 545 | 35 | 0.27 |
SA-0047 | 102.1 | 126.5 | 24.4 | 335 | 415 | 80 | 0.35 |
SA-0047 | 140.2 | 147.8 | 7.6 | 460 | 485 | 25 | 0.39 |
SA-0047 | 195 | 196.6 | 1.6 | 640 | 645 | 5 | 0.28 |
SA-0048 | 74.7 | 117.4 | 42.7 | 245 | 385 | 140 | 0.35 |
SA-0048 | 135.6 | 153.9 | 18.3 | 445 | 505 | 60 | 0.26 |
SA-0048 | 161.5 | 163 | 1.5 | 530 | 535 | 5 | 0.26 |
SA-0049 | 76.2 | 77.7 | 1.5 | 250 | 255 | 5 | 0.41 |
SA-0049 | 103.6 | 160 | 56.4 | 340 | 525 | 185 | 0.2 |
SA-0050 | 33.5 | 38.1 | 4.6 | 110 | 125 | 15 | 0.30 |
SA-0050 | 48.7 | 53.3 | 4.6 | 160 | 175 | 15 | 0.36 |
SA-0050 | 59.4 | 68.5 | 9.1 | 195 | 225 | 30 | 0.33 |
SA-0050 | 94.5 | 96.0 | 1.5 | 310 | 315 | 5 | 0.38 |
SA-0050 | 109.7 | 111.2 | 1.5 | 360 | 365 | 5 | 0.37 |
SA-0051 | 132.6 | 140.2 | 7.6 | 435 | 460 | 25 | 0.44 |
SA-0051 | 153.9 | 160 | 6.1 | 505 | 525 | 20 | 0.5 |
SA-0051 | 164.6 | 167.6 | 3 | 540 | 550 | 10 | 0.29 |
SA-0051 | 172.2 | 176.8 | 4.6 | 565 | 580 | 15 | 0.21 |
SA-0051 | 179.8 | 182.9 | 3.1 | 590 | 600 | 10 | 0.24 |
SA-0052 | 0 | 83.8 | 83.8 | 0 | 275 | 275 | 1.5 |
including | 0 | 13.7 | 13.7 | 0 | 45 | 45 | 4.52 |
and | 1.5 | 4.5 | 3 | 5 | 15 | 10 | 14.67 |
and | 1.5 | 3 | 1.5 | 5 | 10 | 5 | 15.53 |
including | 36.6 | 39.6 | 3 | 120 | 130 | 10 | 2.75 |
including | 65.5 | 82.3 | 16.8 | 215 | 270 | 55 | 3.05 |
including | 71.6 | 77.7 | 6.1 | 235 | 255 | 20 | 8.24 |
SA-0052 | 112.8 | 115.8 | 3 | 370 | 380 | 10 | 0.27 |
SA-0052 | 134.1 | 135.6 | 1.5 | 440 | 445 | 5 | 0.53 |
SA-0052 | 140.2 | 141.7 | 1.5 | 460 | 465 | 5 | 0.23 |
SA-0052 | 160 | 161.5 | 1.5 | 525 | 530 | 5 | 0.22 |
SA-0052 | 166.1 | 169.2 | 3 | 545 | 555 | 10 | 0.30 |
SA-0052 | 170.7 | 172.2 | 1.5 | 560 | 565 | 5 | 0.32 |
SA-0052 | 189 | 190.5 | 1.5 | 620 | 625 | 5 | 0.21 |
SA-0053 | 13.7 | 15.2 | 1.5 | 45 | 50 | 5 | 0.46 |
SA-0053 | 102.1 | 109.7 | 7.6 | 335 | 360 | 25 | 0.24 |
SA-0054 | 97.5 | 111.2 | 13.7 | 320 | 365 | 45 | 0.22 |
SA-0054 | 149.4 | 152.4 | 3.0 | 490 | 500 | 10 | 0.82 |
SA-0054 | 221 | 228.6 | 7.6 | 725 | 750 | 25 | 0.26 |
SA-0056 | 7.6 | 9.1 | 1.5 | 25 | 30 | 5 | 0.28 |
SA-0057 | 175.2 | 189 | 13.7 | 575 | 620 | 45 | 0.42 |
Figure 1
Location map showing 2022 Sandman drill program with drill holes relative to deposits North Hill, Silica Ridge and Abel Knoll . Targets were also tested at Windmill, Midway and Sandbowl. Insert maps for North Hill and Silica Ridge are shown in blue boxes.
Figure 2
Silica Ridge map showing drill hole locations for 2022 holes SA-0043, SA -0044, SA-0045, SA -0046 and SA-0052 relative to the 2021 Mineral Resource outline in red. Cross-section line A – A’ is provided in Figure 3 and section window as broken line.
Figure 3
Silica Ridge cross section showing results for holes SA-0043, SA -0044, SA-0045 and SA-0052. Gold mineralization >0.1g/t extends intermittently to a downhole depth of 195m (635 ft) and vertical depth of 165m in hole SA-0052. Red indicates downhole gold mineralization >0.2g/t and blue indicates downhole mineralization >0.1g/t gold. Consistent gold mineralization was intersected which demonstrates extensive gold mineralization in the Tertiary sequence overlying the basement phyllite.
Figure 4
North Hill plan showing deep deposit drill holes SA-0035, SA -0036, SA-0037 and SA-0038 and down dip extension hole SA-0039 in the east.
Figure 5
North Hill cross section depicting results for holes SA-0035, SA -0036, SA-0037 and 0038. Higher grade gold intersections are shown in red >0.2g/t and blue >0.1g/t gold.
2022 GlobeNewswire, Inc., source