(via TheNewswire)
The results presented below expand upon previously released results from selected sample submissions announced on
Highlights intersections from initial assay results:
• YH21-04 with 34 m of 0.91% copper, 79.74 g/t cobalt, 0.66% zinc, and 0.03 g/t silver
(Including 0.6 m of 8.68% copper, 424.0 g/t cobalt, 3.90% zinc, and 0.01 g/t silver)
• YH21-06 with 52.2 m of 0.85% copper, 91.8 g/t cobalt, 0.53% zinc and 1.75 g/t silver
(Including 2.60 m of 6.31% copper, 450.65 g/t cobalt, 4.67% zinc, and 0.01 g/t silver)
• YH21-08 with 6.6 m of 0.62% copper, 212.85 g/t cobalt, 0.65% zinc and 0.11 g/t silver
• YH21-09 with 11.6 m of 1.41% copper, 202.94 g/t cobalt, 0.10% zinc and 2.41 g/t silver
The additional laboratory assay results from the Phase 1 confirmation drilling program further validate the historical drilling results with 9 of the 9 drill holes intersecting disseminated and massive sulphide mineralization in 296 samples, totalling 207.7 m of sampled core. The results presented below expand upon previously released results from selected sample submissions announced on
The assay results suggest further mineralization potential extending beyond the historical ‘A’, ‘G’ and ‘H’ zones which were the focus of the Phase 1 program. The results also highlight potential for broader zones of mineralization extending beyond the previously known extents of mineralization identified in the historical records that are available.
The results furthermore confirm the expected style of Volcanic Massive Sulphide - Cypress Type mineralization with previously undefined polymetallic mineralization types identified across zones of varying thickness and grade often at above average grade.
Table1: Summary of best intersections from the Phase 1 diamond drilling program at
Type | From (m) | To (m) | Interval (m) | Cu % | Zn % | Ag g/t | Au g/t | Co g/t |
YH21-01 | 37.9 | 38.79 | 0.9 | 1.38 | 11.72 | 24.49 | 0.12 | 35.07 |
38.34 | 38.79 | 0.4 | 1.63 | 13.20 | 27.90 | 0.14 | 41.00 | |
62.75 | 64.05 | 1.3 | 0.02 | 0.23 | 7.56 | 0.24 | 34.38 | |
119 | 120 | 1.0 | 0.09 | 0.45 | 0.75 | 0.02 | 37.00 | |
151.8 | 152 | 0.2 | 1.26 | 12.00 | 4.20 | 0.02 | 123.00 | |
156.52 | 157.82 | 1.3 | 0.40 | 2.66 | 1.27 | 0.01 | 67.00 | |
171.81 | 171.91 | 0.1 | 0.84 | 0.80 | 2.60 | 0.01 | 48.00 | |
210.27 | 212 | 1.7 | 0.71 | 17.65 | 15.79 | 0.16 | 31.92 | |
210.57 | 210.87 | 0.3 | 0.70 | 36.80 | 24.00 | 0.18 | 17.00 | |
211.47 | 212 | 0.5 | 1.25 | 22.00 | 17.70 | 0.10 | 31.00 | |
215.43 | 216.03 | 0.6 | 0.09 | 0.29 | 0.77 | 0.01 | 38.00 | |
226.68 | 227.38 | 0.7 | 0.09 | 1.95 | 0.85 | 0.04 | 41.37 | |
235.2 | 235.31 | 0.1 | 0.17 | 1.70 | 3.70 | 0.05 | 51.00 | |
YH21-02 | 38 | 44 | 6.0 | 0.63 | 2.44 | 6.15 | 0.06 | 45.44 |
including | 39.38 | 44 | 4.6 | 0.75 | 2.66 | 7.00 | 0.06 | 50.17 |
YH21-03 | 26.36 | 27.25 | 0.9 | 0.90 | 2.17 | 7.62 | 0.15 | 68.47 |
YH21-04 | 140.5 | 143.74 | 3.2 | 0.09 | 0.08 | 0.64 | 0.02 | 41.65 |
146 | 146.44 | 0.4 | 0.10 | 1.25 | 0.80 | 0.03 | 56.00 | |
YH21-04 | 166.11 | 173.57 | 7.5 | 0.58 | 0.03 | 1.13 | 0.01 | 95.18 |
including | 166.61 | 169.12 | 2.5 | 1.36 | 2.37 | 2.37 | 0.01 | 138.97 |
YH21-04* | 179.45 | 213.46 | 34.0 | 0.91 | 0.66 | 1.35 | 0.03 | 79.74 |
including* | 180.03 | 182 | 2.0 | 3.68 | 0.08 | 3.59 | 0.01 | 257.80 |
and | 188 | 197.25 | 9.3 | 1.57 | 0.05 | 1.14 | 0.01 | 131.82 |
and incl* | 188.97 | 189.54 | 0.6 | 8.68 | 0.11 | 3.90 | 0.01 | 424.00 |
and* | 197.25 | 199.69 | 2.4 | 0.80 | 2.67 | 2.44 | 0.02 | 81.77 |
and | 201.56 | 207.03 | 5.5 | 0.51 | 1.24 | 13.11 | 0.02 | 40.23 |
and | 209.66 | 213.37 | 3.7 | 0.71 | 1.75 | 10.66 | 0.04 | 46.30 |
Type | From (m) | To (m) | Interval (m) | Cu % | Zn % | Ag g/t | Au g/t | Co g/t |
YH21-05 | 146.2 | 147.2 | 1.0 | 0.83 | 0.05 | 1.35 | 0.02 | 88.00 |
YH21-05 | 147.8 | 166.87 | 19.1 | 0.27 | 0.35 | 1.49 | 0.02 | 59.50 |
including | 148.23 | 149.38 | 1.2 | 0.59 | 3.13 | 6.67 | 0.24 | 61.48 |
175.06 | 178.06 | 3.0 | 0.59 | 0.04 | 2.16 | 0.01 | 58.67 | |
YH21-06* | 145.36 | 197.6 | 52.2 | 0.85 | 0.53 | 1.75 | 0.01 | 91.81 |
including* | 146.26 | 148.06 | 1.8 | 1.19 | 5.09 | 13.47 | 0.21 | 67.00 |
and | 156.95 | 159.55 | 2.6 | 0.59 | 0.09 | 2.13 | 0.02 | 102.42 |
and* | 178.35 | 184.15 | 5.8 | 3.52 | 0.09 | 2.80 | 0.01 | 283.03 |
and incl* | 178.7 | 181.3 | 2.6 | 6.31 | 0.13 | 4.67 | 0.01 | 450.65 |
and* | 190.15 | 193.2 | 3.0 | 3.34 | 0.13 | 2.77 | 0.01 | 211.15 |
and incl* | 191.9 | 192.3 | 0.4 | 9.91 | 0.27 | 7.50 | 0.01 | 568.00 |
and | 194.05 | 198.5 | 4.4 | 0.84 | 0.16 | 4.15 | 0.00 | 91.71 |
YH21-07 | 115.75 | 121.39 | 5.6 | 0.01 | 0.07 | 1.95 | 0.02 | 39.13 |
YH21-08* | 121.3 | 130.7 | 9.4 | 0.46 | 0.53 | 2.67 | 0.08 | 60.09 |
including* | 122.3 | 128.9 | 6.6 | 0.62 | 0.65 | 3.37 | 0.11 | 66.92 |
YH21-09* | 5 | 16.61 | 11.6 | 1.41 | 0.10 | 2.41 | 0.00 | 202.94 |
* Partially reported intervals according to Phoenix Gold news release dated
The above intervals are drilling lengths, not true widths, because the true orientation of the mineralization has not yet been established.
Higher grades from the 2021 Phase 1 drill program combined with often broad mineralized intersections, up to 52.5 m demonstrate excellent potential for bulk grade continuity both along strike and down dip extending beyond the known extent of mineralization identified historically at the ‘A’, ‘G’ and ‘H’ zones at the
Table2: Summary of Phase 1 drill hole locations and down hole specifications.
HOLE-ID | EASTING | NORTHING | ELEVATION | LENGTH | AZIMUTH | DIP |
(UTM NAD 83) | (UTM NAD 83) | (m AMSL) | (m) | (degree) | (degree) | |
YH21-01 | 404276.33 | 5433424.70 | 355.04 | 248.00 | 60.00 | -45.00 |
YH21-02 | 404285.23 | 5433411.64 | 356.10 | 44.00 | 60.00 | -45.00 |
YH21-03 | 404289.23 | 5433414.48 | 356.47 | 27.25 | 60.00 | -45.00 |
YH21-04 | 404331.94 | 5433415.40 | 359.19 | 218.00 | 60.00 | -60.00 |
YH21-05 | 404385.07 | 5433399.98 | 368.02 | 185.00 | 60.00 | -60.00 |
YH21-06 | 404358.57 | 5433406.81 | 361.81 | 206.00 | 60.00 | -60.00 |
YH21-07 | 404345.28 | 5433442.01 | 359.34 | 134.00 | 60.00 | -60.00 |
YH21-08 | 404528.52 | 5433679.03 | 360.65 | 140.00 | 240.00 | -60.00 |
YH21-09 | 404385.79 | 5433766.81 | 309.23 | 20.00 | 60.00 | -45.00 |
QA / QC Comments
Three hundred Phase 1 diamond drill core samples of sawn core have been collected from core lengths usually varying from 0.3 to 1.50 m depending upon geological and mineralogical constraints. Samples were delivered
All sub-sample pulps were initially analyzed for 36 elements using ICP QC procedures which included fusing with Na2O2. The fused samples were then dissolved in purified water and acidified with concentrated nitric and hydrochloric acids. The solutions were then measured by an ICP. Samples are analyzed with a minimum of 10 certified reference materials, and every 10th sample was prepared and analyzed in duplicate plus a blank is prepared every 30 samples and analyzed. In addition, a 5 g sub-sample pulp for each core sample was analyzed for gold using fire assay fusion techniques with an atomic absorption finish (‘FA/AA’). On each tray of 42 samples there is two blanks, three sample duplicates and 2 certified reference materials, one high and one low (QC 7 out of 42 samples).
Based upon the initial ICP results, any element returning predetermined over-limit values, specifically for copper, zinc, silver and gold, were automatically assayed using conventional assay procedures. There were no over limit gold values but there were several copper, zinc and silver over- limit ICP results. For each of these samples a 5 g sub-sample was split and assayed using conventional fire assay procedures with an atomic absorption finish (‘FA/AA’). The laboratory QA/QC procedures for these samples were the same as for the previous gold FA/AA analyses.
Phase 2 drilling
On
Click Image To View Full Size
Figure 1: Phase 1 and Phase 2 York Harbour Drill hole locations and down hole traces.
About the York Harbour Mine Property
The York Harbour Mine Property is known to be prospective for its copper-zinc-silver-gold-cobalt massive sulphide deposits. The known mineralization exhibits characteristics consistent with classic mafic-type flow dominated (
Qualified Person:
About the Company
The Company’s
For more information on
ON BEHALF OF THE BOARD OF DIRECTORS
CEO, President and Director
Telephone: 778-302-2257 | Email: andrew@phoenixgoldresources.ca
Website: www.phoenixgoldresources.ca
1518 – 800 Pender Street W,
Cautionary Statement Regarding Forward-Looking Information
This news release may contain “forward-looking information” and “forward-looking statements” within the meaning of applicable Canadian securities legislation. All information contained herein that is not historical in nature may constitute forward-looking information. Forward-looking statements herein include but are not limited to statements relating to the prospects for development of the Company's mineral properties, and are necessarily based upon a number of assumptions that, while considered reasonable by management, are inherently subject to business, market and economic risks, uncertainties and contingencies that may cause actual results, performance or achievements to be materially different from those expressed or implied by forward looking statements. Except as required by law, the Company disclaims any obligation to update or revise any forward-looking statements. Readers are cautioned not to put undue reliance on these forward-looking statements.
Neither the
Copyright (c) 2022 TheNewswire - All rights reserved.
Copyright (c) 2022 TheNewswire - All rights reserved., source