Most notable results from this round of drilling include: Strike length of
Drilling discovered an unexpectedly thick stockwork mineralized area surrounding the Ruth Vein; specifically hole AR20-315R returning an interval of 109.8 meters from 184.5 meters to the bottom of the hole @ 0.79 gpt gold and 24.40 gpt silver including intervals of 15.25 meters of 1.75 gpt gold and 41.10 gpt silver and 15.25 meters @ 1.85 gpt gold and 85.10 gpt silver
Two RC drill rigs are currently supporting the multi-phased exploration and resource expansion program.
The Ruth Vein strikes subparallel to the Moss Vein, dips to the north into the south-dipping
Recent drilling of the Ruth vein has focused on following up high-grade vein intercepts in holes AR20-286R and AR20-313R; increasing the known strike length and confirming continuity of mineralization along strike and down dip of the vein. Drilling has now intersected the Ruth Vein over a strike length of approximately 650 meters and the vein remains open both to the east and to the west. In addition to confirming continuity of narrow high-grade gold and silver mineralization in the vein as evident in holes AR20-312R returning 6.1m @ 5.18 gpt gold, 37.4 gpt silver at 94.6m and AR20-306R returning 4.6m @ 5.62 gpt gold, 57.6 gpt silver at 89.9 m; recent drilling has unexpectedly discovered thick stockwork mineralization surrounding the Ruth Vein in many places. Hole AR20-307R intersected 22.9m @ 1.107 gpt gold and 14.9 gpt silver surrounding a suspected stope mined through the vein, and hole AR20-310R drilled 18.3m @ 1.02 gpt gold and 26.5 gpt silver.
Intersection of the Ruth and Moss veins was tested by hole AR20-315R, which drilled the Ruth Vein approximately 185 meters beneath the surface and then intersected the Moss Vein at approximately 274 meters down hole. Here, very thick zone of quartz stockwork veining was encountered between the two veins and intercepted: 109.8 meters (from 184.5m to 294.3m) @ 0.79 gpt gold and 24.41 gpt silver including 15.25m (from 196.7m to 212.0m) @ 1.75 gpt gold and 41.10 gpt silver and including 15.25m (from 274.5m to 289.8m) @ 1.85 gpt gold and 85.10 gpt silver
A north-south fence of drill holes AR20-315R, AR20-314R and AR20-313R demonstrate continuity of gold-silver mineralization along a down-dip length of approximately 274 meters on the Ruth Vein from the surface to the Moss Vein intersection.
Internal modelling indicates the intersection between the Moss Vein and the Ruth Vein may become shallower on strike to the east. Additional drilling is underway to target the untested intersection along strike. Discovery of thick mineralization along this extensive zone of structural preparation could lead to a future expansion of the Moss open pit mine to depth.
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