- Drill Hole KH22-46 intersected 106.9 meters (or "m") of 0.54 g/t gold equivalent (or "AuEq") including a higher-grade section of 37.7m of 0.85 g/t AuEq; both within a broader intercept of 205 m of 0.43 g/t AuEq;
- The 106.9 m intersection indicates that the mineralized zone in the south Cliff area is continuous over at least 300 m from surface and that it remains open vertically; and
- KH22-46 shows continuity of the system along strike at the South Cliff area for a distance of approximately 500 m, and it forms a key part of the larger 4 km long Cliff-Miles porphyry corridor.
The Program was focused at the South Cliff area of the Cliff-Miles porphyry corridor, with an objective to test for higher-grade extensions of copper and gold mineralization beneath the well mineralized drill intersections of holes KH17-08, KH18-16 and KH19-30, which returned the best results from the Kirkham Property to date (Click Here to View Drilling Results Table) The assay results from KH22-46 show that the mineralized porphyry gold/copper system has been extended approximately 150 m below hole KH18-16 which cut 118 m of 0.80 g/t AuEq from surface (Click Here to View Figure 1.)
The tabular
Assay results from the next hole, KH22-47, are pending. This hole was designed to test the mineralized zone 150 m below KH22-46. Several similar feeder zones proximal to the Adam Fault have been intersected in each of the identified fault-blocks along the 4 km-long Cliff-Miles porphyry corridor.
Drill Hole Composite Table
KH22-46 | From (m) | To (m) | Length (m) | Au (g/t) | Cu (%) | AuEq* (g/t) | CuEq* (%) |
15.9 | 336.0 | 320.1 | 0.24 | 0.063 | 0.34 | 0.28 | |
Including | 130.9 | 336.0 | 205.1 | 0.30 | 0.084 | 0.43 | 0.35 |
and | 130.9 | 237.8 | 106.9 | 0.34 | 0.130 | 0.54 | 0.44 |
and | 200.1 | 237.8 | 37.7 | 0.59 | 0.165 | 0.85 | 0.70 |
Including | 296.4 | 336.0 | 39.6 | 0.49 | 0.032 | 0.56 | 0.46 |
*Gold Equivalent Formula: Au g/t+(Cu%*1.27) Metal Prices Used: Gold – |
All drill core and surface samples from the 2022 exploration program have been submitted to
The wholly owned, 106 sq. km Kirkham Property is located about 65 km north of
On behalf of the Board of Directors:
/s/ "Fiore Aliperti"
Chief Executive Officer, President, and Director
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