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InvestmentPitch Media Video Discusses K9 Gold and Report of 5.5 g/t Gold over 4.0 metres in Deliverance Trench at Stony Lake Project in Central Newfoundland, Submits Permit Application to Double Drill Program - Video Available on Investmentpitch.com
Vancouver, British Columbia--(Newsfile Corp. - June 25, 2021) - K9 Gold Corp (TSXV: KNC) (OTC ...
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[{"type":"text","content":"InvestmentPitch Media Video Discusses K9 Gold and Report of 5.5 g/t Gold over 4.0 metres in Deliverance Trench at Stony Lake Project in Central Newfoundland, Submits Permit Application to Double Drill Program - Video Available on Investmentpitch.comVancouver, British Columbia--(Newsfile Corp. - June 25, 2021) - K9 Gold Corp (TSXV: KNC) (OTC Pink: WDFCF) (FSE: 5GP) has reported highly encouraging results from its recent trenching program at its flagship Stony Lake project in central Newfoundland. The company has an option to earn up to a 100% interest in the Stony Lake Project, which lies within the Cape Ray/Valentine Lake structural trend in Central Newfoundland, lying parallel to that of New Found Gold's Queensway project, along the prolific Dog Bay Line.Cannot view this video? Visit:http://www.investmentpitch.com/video/1_wdipd13i/K9-Gold-Reports-55-gt-Gold-over-40-metres-in-Deliverance-Trench-at-Stony-Lake-Project-in-Central-Newfoundland-Submits-Permit-Application-to-Double-Drill-Program.For more information, please view the InvestmentPitch Media \"video\" which provides additional information on the company. If this link is not enabled, please visit www.InvestmentPitch.com and enter \"K9 Gold\" in the search box. The project covers 13,625 hectares and 27 kilometers of favorable trend between Sokoman's Moosehead discovery to the northeast and Marathon's Valentine Lake deposit to the southwest. Excellent infrastructure exists on the project lands and in the surrounding area.At the Deliverance trench, in the centre of the property approximately 15 kilometres southwest of Jumper's Pond, a 10 metre wide zone of moderate to intense oxidation was uncovered. One major vein system was encountered along with several parallel minor veins. Where exposed, the main vein varies from 0.10 to 0.25 metres wide, with crustiform/ginguro to sheeted quartz veining. The vein, which trends at 128° and dips at -68° southwest, exhibits intense iron oxide oxidation and clay alteration, with 5 to 10% pyrite. A series of chip samples were taken across a 5.4 metre zone on the top of the outcrop, perpendicular to the main vein, as well as one 4.0 metre composite sample collected along the strike of the vein, which returned 5.5 grams per tonne gold.Jeff Poloni, CEO, stated, \"The importance of the Deliverance discovery cannot be overstated, with i...