Drilling in the
Highlights of drilling include:
- INDDH21-164 tested the lower limb (Figure 3) of the AK breccia and intersected 5.00 metres ("m") of 18.30 g/t Au within 21.00 m of 5.44 g/t Au.
- INDDH21-166 tested the upper AK breccia and intersected 6.45 m of 7.40 g/t Au within a 23.35 m interval of 2.65 g/t Au.
- INDDH21-165 tested the northern extent of the upper AK breccia and intersected 25.3 m of 1.40 g/t Au.
- INDDH21-164, 165, 166 and 167 intersected Zn-rich mineralization with elevated Au and/or Ag at depth beneath the AK breccia, e.g., 12.18 m of 1.74% Zn, 0.20 g/t Au, 9.9 g/t Ag (1.44 g/t AuEq*) in INDDH21-165 (see table 3 for full list of results).
Table 1 Highlights of 2021 Drilling at the
Drill Hole | From | To | Length | Au | Ag | Zn | Cu | AuEq* |
m | m | m | g/t | g/t | % | % | g/t | |
INDDH21-164 | 52.00 | 73.00 | 21.00 | 5.44 | 9.2 | 0.302 | 0.061 | 5.85 |
Including | 59.00 | 64.00 | 5.00 | 18.30 | 26.2 | 0.294 | 0.166 | 19.10 |
INDDH21-165 | 30.70 | 56.00 | 25.30 | 1.40 | 4.6 | 0.186 | 0.025 | 1.61 |
INDDH21-166 | 12.80 | 36.15 | 23.35 | 2.65 | 6.0 | 0.127 | 0.026 | 2.85 |
Including | 24.10 | 30.55 | 6.45 | 7.40 | 10.3 | 0.164 | 0.045 | 7.71 |
About the
The mineralized breccia is polymictic and contains intrusive, sedimentary, and volcanic clasts, vein fragments, and feldspar crystals in a fine-grained, biotite dominant matrix (Figure 4). Sulphide minerals, including pyrite and lesser arsenopyrite, sphalerite and chalcopyrite, are disseminated in the matrix of the breccia and locally form rims around clasts. Some breccia clasts are mineralized with disseminated pyrite and arsenopyrite and cut by sulphide veinlets. In the most well-mineralized drill intersections, the groundmass is almost completely replaced by sulphide minerals.
Table 2 Select Highlights of Historical Drill Results at
Sample | From | To | Length | Au | Ag | Zn | Cu | AuEq* |
m | m | m | g/t | g/t | % | % | g/t | |
IS148 | 29.44 | 34.75 | 5.31 | 38.05 | 58.3 | 1.077 | 0.218 | 39.84 |
IS116 | 53.04 | 65.53 | 12.49 | 13.10 | 18.2 | 0.073 | 0.108 | 13.57 |
IS115 | 24.38 | 32.61 | 8.23 | 9.72 | 14.1 | 0.339 | 0.132 | 10.33 |
IS149 | 30.72 | 46.33 | 15.61 | 7.59 | 15.8 | 0.260 | 0.063 | 8.07 |
IU171 | 69.34 | 76.75 | 7.41 | 41.05 | 47.5 | 0.871 | 0.181 | 42.51 |
IU174 | 89.00 | 104.06 | 15.06 | 3.95 | 5.85 | 0.108 | 0.045 | 4.17 |
IS140 | 30.18 | 48.46 | 18.28 | 2.78 | 7.9 | 0.179 | 0.046 | 3.07 |
AK Zone Exploration Opportunities for Inel Resource Expansion
There are five excellent opportunities related to the gold-rich
- The continuation of the
AK Zone upslope from the 2021 drill pad is interpreted to continue at shallow depth for a further 180 m, where it is interpreted to surface based on the presence of high-grade gold values in multiple soil (talus) samples. These extremely high gold in soil samples (e.g. 24.7, 16.2, 14.8 and 14.7 g/t Au) are dispersed across slope over a distance greater than 75 metres. A fan of 4 holes, INDDH17-74 to 77, collared near the top ofInel Ridge and drilled downslope to the west may have undercut the breccia. - 3D geological modelling of the flat fault structure, which truncates the mineralized breccia at depth, indicates that the root of the breccia should lie to the west below the fault.
- The southern limit of the AK breccia has only been tested with four selectively sampled historical drill holes. Results from two of the holes indicate a continuation of the Zone, with IU-191 Intersecting 1.61 g/t Au over 15.54 m.
- The AK breccia remains open along strike for approximately 70 m to the northwest where it may be offset or truncated by an east-northeast oriented fault.
- Further drilling to expand on the footwall zinc-rich replacement style mineralization identified in the 2021 drilling (Table 3 and Figure 5). Historic drill hole INDDH17-075 also tested the footwall zinc zone and intersected 21.0m of 0.57 g/t Au and 11.24% Zn approximately 40 m below the flat-fault (Figure 3).
Table 3 Full Table of Significant Results from INDDH21-164, 165, 166, 167,
Drill Hole | From | To | Length | Au | Ag | Zn | Cu | AuEq* |
m | m | m | g/t | g/t | % | % | g/t | |
AK Zone Intersections | ||||||||
INDDH21-164 | 52.00 | 73.00 | 21.00 | 5.44 | 9.2 | 0.302 | 0.061 | 5.85 |
Including | 59.00 | 64.00 | 5.00 | 18.30 | 26.2 | 0.294 | 0.166 | 19.10 |
INDDH21-165 | 19.00 | 21.00 | 2.00 | 1.53 | 16.8 | 0.218 | 0.030 | 1.94 |
and | 30.70 | 56.00 | 25.30 | 1.40 | 4.6 | 0.186 | 0.025 | 1.61 |
INDDH21-166 | 12.80 | 36.15 | 23.35 | 2.65 | 6.0 | 0.127 | 0.026 | 2.85 |
Including | 24.10 | 30.55 | 6.45 | 7.40 | 10.3 | 0.164 | 0.045 | 7.71 |
INDDH21-167 | 67.65 | 73.60 | 5.95 | 0.36 | 5.5 | 0.120 | 0.011 | 0.52 |
Footwall Zinc-Rich Intersections | ||||||||
INDDH21-164 | 94.90 | 95.85 | 0.95 | 0.33 | 9.5 | 2.570 | 0.021 | 2.05 |
INDDH21-165 | 82.82 | 95.00 | 12.18 | 0.20 | 9.9 | 1.742 | 0.024 | 1.44 |
INDDH21-166 | 94.00 | 96.00 | 2.00 | 0.28 | 7.3 | 1.498 | 0.021 | 1.33 |
INDDH21-167 | 94.00 | 100.40 | 6.40 | 0.04 | 14.4 | 1.038 | 0.032 | 0.91 |
2021 Inel Drill Program
Table 4 2021 Inel (KSP Property) Drill Hole Location and Orientation Information
Hole-ID | Easting | Northing | Elevation | Length (m) | Azimuth | Inclination | |
INDDH21-157 | 380164 | 6275946 | 1686.8 | 250.30 | 269.35 | -69.87 | |
INDDH21-158 | 379918 | 6275498 | 1491.8 | 104.80 | 303.66 | -73.95 | |
INDDH21-159 | 380488 | 6275661 | 1894.5 | 241.70 | 90.61 | -59.68 | |
INDDH21-160 | 380450 | 6275600 | 1865.8 | 271.50 | 168.09 | -58.58 | |
INDDH21-161 | 380450 | 6275600 | 1865.8 | 301.00 | 184.17 | -54.57 | |
INDDH21-162 | 380450 | 6275600 | 1865.8 | 250.50 | 124.42 | -71.36 | |
INDDH21-163 | 380529 | 6275749 | 1916.4 | 270.50 | 270.50 | -78.50 | |
INDDH21-164 | 380315 | 6276108 | 1769.5 | 102.50 | 297.32 | -77.38 | |
INDDH21-165 | 380317 | 6276109 | 1770.0 | 131.50 | 341.03 | -61.99 | |
INDDH21-166 | 380319 | 6276108 | 1770.1 | 113.50 | 63.42 | -68.83 | |
INDDH21-167 | 380317 | 6276105 | 1770.2 | 134.00 | 197.50 | -65.35 | |
INDDH21-168 | 380180 | 6276057 | 1698.5 | 230.00 | 270.21 | -55.55 | |
INDDH21-169 | 380178 | 6275861 | 1696.1 | 16.06 | 258.00 | -67.00 | |
Quality Control and Assurance ("QA/QC")
Drill core samples for the KSP 2021 exploration program followed chain of custody between collection and delivery to a Bureau Veritas ("BV") laboratory in
Notes:
* Gold equivalent ("AuEq") is used for illustrative purposes, to express the combined value of gold, silver, copper and zinc as a percentage of gold. Calculations are uncut and no allowances have been made for recovery losses that would occur in a mining scenario. AuEq is calculated on the basis of
AuEq = (
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About
QuestEx Gold & Copper Ltd. is exploring for gold and copper with a focus on
ON BEHALF OF THE BOARD OF DIRECTORS OF QUESTEX GOLD & COPPER LTD.
"Joseph Mullin"
Chief Executive Officer and Director
Neither the
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