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Au Gold Corp Encouraged by Exploration Potential of the Ponderosa Gold Project After Site Visit by Epithermal Expert, Dr. Jeffrey Hedenquist
(TheNewswire) Vancouver, British Columbia – TheNewswire - October 24, ...
About this update from Au Gold Corp
[{"type":"text","content":"Au Gold Corp Encouraged by Exploration Potential of the Ponderosa Gold Project \t After Site Visit by Epithermal Expert, Dr. Jeffrey Hedenquist \n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n Vancouver, British\nColumbia –\n \n \n TheNewswire\n-\n \n \n October 24, 2022 –\n \n \n Au Gold Corp\n \n \n (TSXV:\n \n \n AUGC\n \n \n ) (“\n \n \n AUGC\n \n \n ” or the\n“\n \n \n Company\n \n \n ”)\n \n \n is pleased to announce that Dr.\nJeffery Hedenquist, an independent consultant and one of the world’s\nleading experts on epithermal gold systems, recently visited the road\naccessible Ponderosa epithermal gold project, 16 km southwest of\nMerritt BC (“Ponderosa”).  The assessment provided suggestions\nfor how to continue to test the potential of an epithermal feeder zone\nat the Ponderosa gold system.\n \n \n \n \n Dr. Hedenquist reviewed diamond drill core from the\nCompany’s spring drill program and spent time on the property\ninspecting zones of interest.  He noted a number of features\ncharacteristic of low sulphidation epithermal gold systems, including\ncryptocrystalline quartz, fine colloform laminations in quartz\nveins/veinlets, episodic brecciation and banded to acicular adularia\noccurrences.  These features are consistent with relatively low\ntemperatures and shallow depths of formation in addition to boiling; a\nkey parameter for the deposition of precious metals.  Dr. Hedenquist\nnoted that feeders to the shallow anomalies have yet to be identified.\n One possibility is that the epithermal mineralization associated\nwith the recently tested Tomahawk Zone and the historical Axel Ridge\nZone is associated with shallow lateral outflow along structures, down\nthe paleohydraulic gradient that existed at that time.\n \n \n \n \n Dr. Hedenquist made a range of practical and\ncost-effective recommendations to advance the project,\nincluding:\n \n \n \n \n \n \n Infill soil sampling along key trends\n \n \n \n \n \n \n Spectral analysis of clay minerals to identify proximal\nvectors\n \n \n \n \n \n \n Additional close-spaced ground magnetic\nsurveys\n \n \n \n \n \n \n Detailed analysis of existing data, focusing on\nstructural architecture\n \n \n \n \n \n \n RC/RAB drilling to identify additional vein structures\nassociated wit...