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Sultan Minerals Obtains 25.6 g/t Gold Across a 1.9 Metre Wide Vein on Its BC Gold Property
(via Thenewswire.ca) Sultan Minerals Inc. (SUL - TSX Venture) ("Sultan" or the "Company")i...
About this update from Apex Resources Inc.
[{"type":"text","content":"Sultan Minerals Obtains 25.6 g/t Gold Across a 1.9 Metre Wide Vein on Its BC Gold Property(via Thenewswire.ca)\n\n \nSultan Minerals Inc. (SUL - TSX Venture) (\"Sultan\" or the \"Company\")is pleased to announce results of the November sampling program completed on its 100% owned Daylight Gold Property located 10 km south of the town of Nelson in southeastern, British Columbia. The highlights of the program were: 1) the Starlight Gold Vein which averaged 10.3 g/t gold and 68.15 g/t silver from seven samples taken over a 60.0 metre vein length with an average vein width of 1.6 metres and 2) the Victoria Gold Vein where a single sample assayed 28.1 g/t gold across a vein width of 0.85 metres.\n\n\n \nThe Daylight Gold Property includes a number of historic vein, stockwork and porphyry style gold and gold-copper occurrences including the historic Starlight, Victoria and Daylight gold-silver-copper mines which operated intermittently prior to 1949. Mining ceased in 1949 because gold grades of less than one ounce per ton were insufficient to cover the cost of mining and shipping the ores to the smelter at Trail, BC.\n\n\n \nThe Starlight Gold Vein was staked in 1893 and developed in 1894 with 100 metres of underground drifting. Development work showed a 45 metre wide gold bearing shear zone situated between two porphyry dykes. The schisty shear zone was reported to average 1.0 to 3.0 g/t gold and centred on a quartz vein that was worked along strike for 210 metres and averaged greater than 0.5 metres in width. The shipped ore averaged 27.7 g/t gold, 13.9 g/t silver and 0.96% copper (BC Minister of Mines Report 1894, p84).\n\n\n \nThe present sampling program successfully located the workings and the Starlight Vein was intermittently sampled along a 60.0 metre long surface exposure. Assays for 7 samples taken from the Starlight Vein show an average gold grade of 10.3 g/t gold and 68.15 g/t silver (samples SD13-03 to -05, and -07 to -10).. Assays from the Starlight vein and associated waste rock dumps are tabled below:\n\n\n \n\n ----------------------------------------------------------------------\n |Sample No|Starlight Vein Sample Description|Au (g/t)|Ag (g/t)|Cu (%)|\n |--------------------------------------------------------------------|\n |SD13-01 |Grab from waste dump at west end |11.6 |53.4 |> 1.00|\n | |of Starlit vein | | ...