Golden Lake Samples Return Up to 9,920 G/T Silver in Grab Samples Returned from West Copperview Property Adjacent to Kodiak Copper Corp.'s MPD Property
September 09, 2021 at 10:40 am EDT
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Golden Lake Exploration Inc. announced initial results from samples taken at its Copperview Property, located in BC and contiguous to the "MPD Property" owned by Kodiak Copper Corp. Recently collected surface grab subcrop samples from the Deadman Lake target, on the West Copperview claims, have returned high grade silver values of up to 9,920 grams per tonne silver (g/t Ag) and 5,900 g/t Ag. These samples correspondingly returned 0.95% copper (% Cu), 2.45% lead (% Pb), and 1.28% zinc (% Zn) and 0.94% Cu, 4.33% Pb, and 1.82% Zn. The above two grab samples represent subcrop material, were taken from old, partially collapsed bulldozer trenches that most likely represent the Mob-8 Minfile showing (Minfile 092HNE154, BC government designation). A total of 57 rock samples were taken over the Deadman Lake area of the West Copperview claims. In addition, 230 soil samples were taken over the same area, with assay results pending. The Mob 8 showing is exposed in the vicinity of a gas pipeline, 520 metres north of the north end of Prosser Lake and 7.8 kilometres southwest of Missezula Lake. A west-striking shear zone, dipping 25 degrees south, cuts granite and quartz monzonite of the Late Triassic to Early Jurassic Allison Lake pluton. The zone is 2 metres wide and contains small quartz-carbonate lenses accompanied by pyrite, galena, argentite, azurite, malachite, chalcopyrite and tetrahedrite. A selected grab sample assayed trace gold, 25,852 grams per tonne silver (g/t Ag) and 8.06% copper (% Cu). A chip sample across the shear zone analyzed 145.9 g/t Ag, 0.04 % Cu, 0.630% lead (% Pb) and 0.41% zinc (% Zn). A quartz vein, 5 to 15 centimetres wide, is developed in the hanging wall of the shear zone. It strikes north and dips steeply west. The vein is mineralized with galena, chalcopyrite, chalcocite and malachite. A sample analyzed 858.2 g/t Ag, 0.862% Cu, 2.589% Pb, and 1.473% Zn. The Company will be returning to the location of samples R-2242 and R-2243 with field crews in late September to conduct additional hand trenching, geological mapping, sampling and prospecting with a portable XRF instrument. Efforts will also focus on the rediscovery of three other Minfile showings in the Deadman Lake Area.
Golden Lake Exploration Inc. is a Canada-based public mining exploration company. The Company acquires, explores, and develops precious and base metal properties of merit and to aggressively advance its exploration program on the Jewel Ridge property. The Companyâs Jewel Ridge property is located on the south end of Nevadaâs prolific Battle Mountain-Eureka trend, along strike and contiguous with i-80 Goldâs Archimedes, Ruby Hill and FAD shaft gold deposits to the north, Timberline Resources advanced-stage Lookout Mountain project to the south and North Peak Resources Prospect Mountain Mine Complex to the west. It also holds the Cardinalli Portfolio, consisting of three patented mineral claims called the Sentinel, the Clipper and the Golden Rule, comprising approximately 23 acres. It also owns an early-stage property, the Copperview project, which is situated in south-central British Columbia. It holds the option to acquire a 100% undivided interest in the Conglin Creek Copper Property.
Golden Lake Samples Return Up to 9,920 G/T Silver in Grab Samples Returned from West Copperview Property Adjacent to Kodiak Copper Corp.'s MPD Property
GOLDEN LAKE EXPLORATION INC. 
