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Goldseek Resources Expands Size of Beschefer Project
Highlights: Adds 6 claims (3.34 km), expanding the Beschefer Project to the North-West Geophysics signature similar to Beschefer context, 2 kilometres westward
About this update from Abitibi Metals Corp
[{"type":"text","content":"Highlights: Adds 6 claims (3.34 km), expanding the Beschefer Project to the North-West Geophysics signature similar to Beschefer context, 2 kilometres westward Intercept of 0.16% Copper over 1.5 metres from two historical holes February 7, 2023 – TheNewswire - London, Ontario – Goldseek Resources Inc. (CSE:GSK) (FSE:4KG) (“Goldseek” or the “Company”) is pleased to announce the addition of 6 claims (3.34 km2) expanding the north-west boundary of the Beschefer Project (the “Property\"). Goldseek will acquire 100 percent ownership of these claims from Harfang Exploration Inc (“Harfang”) (TSX-V:HAR) for the below terms and conditions. This new property was historically covered by geophysical surveys such as airborne-electromagnetic, mag, and ground IP surveys. The current interpretation of structures combining historical work indicates these claims are part of the Selbaie Mine structural corridor marked by isolated semi-circular magnetic anomalies, a north-east shear zone and cross-cutting north-west fracture zones. The new property’s main target is located approximately 2 kilometres west of our current Beschefer gold zones. According to assessment work reports filed on the MERN database, two holes were drilled on the property in 1975 by the Norex-Selco Joint Venture. The best result of 0.16% Cu over 1.5 metres was obtained from 33.5 to 35 metres in drill hole 75-1. The mineralization was hosted in a porphyritic syenite, hematized and affected by sulfide bearing fracturing. Figure 1: Expanded Beschefer Project Map Goldseek's President & CEO Jon Deluce states, “We are very excited to expand our flagship Beschefer Project and to have Harfang as a new shareholder. This expanded ground provides new targets to investigate fitting the Beschefer model alongside continued drilling to expand our four currently defined gold zones. With the recently completed flow-through of $700,000, we look forward to resuming drilling at Beschefer in the coming months.” Beschefer North Highlights & Transaction Terms: Property composed of 6 contiguous claims (3.34 km 2 Targets have been identified on the Property: Strong ovoid magnetometric anomaly (0.16% Cu over 1.5m; GM 31529) could represent a syenitic porphyry intrusion (GM 31529, Énergie et Ressources Québec OreVision IP exploratory survey defined anomalies ...