Key prospective areas of the project were tested, with 178 soil samples being collected at 60m spacing. Samples were analyzed using the Ionic Leach method, a proven technique for detecting buried precious metal mineralization. Multi-element analysis revealed anomalous zones of gold as well as important pathfinder element anomalies such as arsenic, antimony, mercury and copper. Additionally, 17 rock-grab samples were collected with peak assay values of >4,000 ppb gold and >29,000 ppb silver in sulphide rich-quartz veins. A high-resolution ground magnetic survey totalling 18.5 km2 was also completed, covering the majority of the Goldrun project and indicating a potential NE-trending intrusion that could be spatially related to a gold-copper deposit similar to
Cortus CEO,
Next Steps
The proposed 2021 exploration program is nearing the drill-ready stage; exploration plans include a systematic east-west soil sample grid to cover the entirety of the project and a detailed gravity survey to define relative depths to bedrock. The new geochemical and gravity data will strengthen the understanding of mineralization and structural controls on the project and be an asset in determination of drill targets.
Soil Geochemical Procedures
Sample preparation and analyses were completed by ALS Global in
About
Contact:
Tel: +1.780.701.3215
Email: seanm@cortusmetals.com
Web: www.metalsgroup.com
Forward-Looking Information
This News Release includes certain 'forward-looking statements'. Although the Company believes that assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information. All statements, other than statements of historical fact, including without limitation, future plans and objectives of the Company, are forward-looking statements that involve various risks and uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Any forward-looking statement speaks only as of the date of this news release. No assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.
(C) 2021 Electronic News Publishing, source