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Antler Gold announces high grade gold assays from the Elm trench and confirms increased widths at Alder zone, Wilding Lake Gold Project, Newfoundland
Antler Gold announces high grade gold assays from the Elm trench and confirms increased wi...
About this update from Antler Gold, Inc.
[{"type":"text","content":"\n\n\n\nAntler Gold announces high grade gold assays from the Elm trench and confirms increased widths at Alder zone, Wilding Lake Gold Project, Newfoundland\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nHALIFAX, Jan. 24, 2017\n\n\n\nHALIFAX, Jan. 24, 2017 /CNW/ - Antler Gold Inc. (\"Antler\") (TSX-V: ANTL) is pleased to announce that final assays have been received from the 2016 fall trenching program at the Wilding Lake Gold Project (the \"Project\") in central Newfoundland. The most recent data include high grade gold assays from the Elm prospect and confirmation that portions of the Alder zone are wider than originally thought. These results further emphasize the potential of the largely untested structural corridor through the Project.  \n\nDan Whittaker, President and CEO of Antler, stated, \"These results indicate that the mineralizing system on the Wilding Lake project is capable of producing both very high grade gold and significant widths. The showings to date were discovered in a few short months by prospecting for quartz float along logging roads. We now have commenced our systematic exploration program over the remainder of the ground we currently control and this work will continue through the winter months\".\n\nCedar-Elm (CE) Zone.  The CE zone is located approximately 1.1 kilometers northeast of the Alder-Taz zone and the high grade assays received indicate the robust gold tenor in this particular area. The main shear vein, which attains widths of up to 2.0 metres, yields gold values ranging from 1.0 to 101.5 g/t Au, averaging 20.6 g/t Au (based on the 22 channels that sampled the shear vein). Trenching has exposed the vein for approximately 60 metres and it remains open along strike in both directions. The style of mineralization is very similar to Alder, occurring as a northeast-striking and moderately to shallowly southeast-dipping quartz vein within sheared Rogerson Lake Conglomerate. Free coarse gold is common and occurs in association with chalcopyrite, minor chalcocite, and locally tourmaline. A trench map is ap...