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Aurwest Resources Announces Exploration Update on Paradise Lake and Stony Caldera Gold Projects
Calgary, Alberta--(Newsfile Corp. - December 12, 2022) - Aurwest Resources Corporation (CSE: AWR) ("Aurwest" or the "Company") announces final exploration resul
About this update from Aurwest Resources Corp.
[{"type":"text","content":" Calgary, Alberta--(Newsfile Corp. - December 12, 2022) - Aurwest Resources Corporation (CSE: AWR) (\"Aurwest\" or the \"Company\") announces final exploration results from the 2022 exploration season and initiates detailed geological review of 2021 and 2022 exploration data. The 2022 field activities were terminated in early November due to the onset of winter weather conditions. Highlights from 2022 Exploration Program Completion of two phases of diamond drilling including 18 holes totalling 3,796m at Twin Ponds in Paradise Lake In Phase 1, DDH PL-22-07 intersected 3.57g/t over a core interval of 1.1m including 7.75 g/t Au over 0.5 meters and a separate interval of 5.99 g/t Au over a core interval of 0.5m. In Phase 2 - higher grade intervals of gold include 6.21g/t Au over 0.5m in DDHPL-22-01, 6.00g/t Au over 0.5m and 7.75g/t Au over 0.5m core intervals in DDHPL-22-07and 5.43g/t Au over a 0.5m core interval in DDHPL-22-12. Surface mapping and prospecting collected 727 rock samples across all projects from June to September for analytical purposes. Six new target areas were discovered with anomalous gold (up to 4.03 g/t), silver (up to 7.8 ppm). Native gold occurs in the outcrop that returned 4.03 g/t Au. Forty-six rock samples with anomalous gold concentrations ranging from 50 to 4,030 ppb (4.03g/t) were collected along defined structures associated with the Cape Ray Valentine Lake structural zone. A detailed petrographic report was completed on nine mineralized drill core samples by Vancouver Petrographic. Mr. Colin Christensen, President of the Company, stated, \"Our exploration effort continues to locate new gold targets along a 50km long belt of potential gold bearing structures associated with the Cape Ray Valentine Lake structural zone. The two large areas of gold mineralization within the Paradise Lake project and the significant gold showings within the Stony Caldera project better positions Aurwest to unlock the gold potential of the Paradise Lake and Stony Caldera Projects. Our exploration efforts have located gold mineralization in the Twin Ponds area like the low grade \"Intrusion Related\" style gold mineralization like the Valentine Lake gold deposit located 114km southwest, and higher-grade gold mineralization comparable to the Moosehead deposit located 30km northeast of the Paradise Lake project, in addition to...