Eldorado has completed 8,430 meters of oriented core drilling in 18 (eighteen) holes, in the initial 2023 program at Bruell. The work tested a variety of targets along a four-kilometer goldm ineralization corridor extending from the Bruell 1, and 2 shafts to the west, eastwards beyondt he Avocalon Shaft and past the 'Sparton Zone', located by the Company's drilling in 2018, to the new 'Penguin Anomaly', located by Eldorado's till and soil sampling program in 2020-21. The Penguin Anomaly is about 2 kilometers east of the
RESULTS
While core logging is still in progress and most assay data have not yet been received, visible gold was seen in core from Drill Hole BU- 23-14 at the Penguin Anomaly and priority analyses completed with the following results: BU-23-14 (azimuth 003 deg, Dip -50 Deg,) 497.2-500.2, 3.0 meters @ 13.77 grams / tonne Au
Including: 497.2-497.7, 0.5 meters @ 73.92 grams/tonne Au 499.7-500.2, 0.5 meters @ 7.95 grams/tonne Au
These results are from what appear to be north-east trending gently dipping quartz tourmaline veins not previously identified on the property, and Penguin is a new zone not previously identified in historical work at Bruell.
The widths reported above are core lengths and true widths of the zones will be determined by future structural analyses. Follow up drilling will be determined after Eldorado does a complete review of all results.
QUALITY CONTROL and QUALITY ASSURANCE
Exploration activities on the Bruell project have been conducted under the direct supervision Gold Quebec employee
COMPANY NEW DIRECTOR
Ms. Cummings-Luckie is an accomplished lawyer and compliance professional with over 20 years of experience in private practice relate to company/commercial/corporate, mining and exploration law and general securiti es law. specializing in providing advisory services to listed companies, she has extensive experience in financial market compliance, data privacy/anti-spam legislation, IT security including information protection, data breaches, and ransomware attacks.She is fully versed in corporate governance. and has held past positions with several mining related organizations, including the
Markets, and
As part of the
The Company welcomes its new member to the Board of Directors and will value Ms. Cummings-Luckies' guidance as the Company moves forward to create value for its stakeholders.
Subject to regulatory approval, Ms. Cummings-Luckie will be awarded incentive options to purchase 300,000
Contact:
Tel: 647-344-7734
Email: info@spartonres.ca
Web: www.spartonres.ca
(C) 2023 Electronic News Publishing, source