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Avidian Re-Assays Amanita Results Using Metallic Screen Analysis: Reports 3.04 g/t Au over 94.5 m from Amanita Property Trenching Program Adjacent to Fort Knox Gold Mine
TORONTO, ON / ACCESSWIRE / January 7, 2020 / Avidian Gold Corp. (" Avidian " or the " Compan...
About this update from Avidian Gold Corp.
[{"type":"text","content":"Avidian Re-Assays Amanita Results Using Metallic Screen Analysis: Reports 3.04 g/t Au over 94.5 m from Amanita Property Trenching Program Adjacent to Fort Knox Gold MineTORONTO, ON / ACCESSWIRE / January 7, 2020 / Avidian Gold Corp. (\"Avidian\" or the \"Company\") (TSXV:AVG) is pleased to report the results from its re-assaying of the 2019 Trenching program at its Amanita property. The Amanita property is comprised of State of Alaska claims totaling 1,460 hectares (14.6 sq. km) and is located 15 km northeast of Fairbanks, Alaska, and approximately 5 km southwest and contiguous to the Fort Knox open-pit gold mine (Figure 1).During the summer of 2019, Avidian carried out an exploration program whereby a total of six trenches were excavated for 1,725 m with 722 samples collected with variable sample lengths of 1.5 m or 3.0 m depending on prospective geology. Initially samples were assayed using a standard fire assay analysis (October 21, 2019 release), however recognizing that visible gold occurs on the property, selected samples were re-assayed using metallic screen analysis. This analytical technique utilizes a larger sample size and also determines the concentration of free gold within the coarse fraction of the sample.The table below provides a comparison of the October 21, 2019 results versus the re-assay results both on an uncut and top cut to 20.0 g/t Au as two individual samples returned 52.6 g/t Au and 27.3 g/t Au. The main intersection is now 94.5 m of 3.04 g/t Au (uncut) or 2.01 g/t Au (cut), including 22.5 m of 1.51 g/t Au (uncut) or 7.16 g/t Au (cut). October 21, 2019 Press Release Re-assay Results Using Metallic Screening Analysis Trench Length (m) Grade Grade Difference Grade Difference Name Au (g/t) Au (g/t) to Original Au (g/t) to Original uncut uncut Reported Assays Cut to 20 g/t Au Reported Assays A 3.0 7.91 7.02 -11% B 1.5 0.52 Not Re-Assayed C 6.0 1.87 2.31 +24% 109.5* 1.18 2.76 +134% 1.86 +58% 94.5 1.24 3.04 +145% 2.01 +62% 22.5 3.85 11.51 +199% 7.16 +86% 10.5* 6.88 22.80 +231% 13.5 +96% 6.0 11.48 13.10 +14% 6.0* 6.07 6.13 +1% 3.0 12.15 10.71 -12% D 7.5 0.96 1.13 +18% 9.0 1.82 1.82 0% 6.0 2.56 2.55 0% 27.0 3.48 4.22 +21% 3.41 -2% 6.0 4.79 4.70 -2% 6.0 10.18 13.85 +36% 10.20 0% 12.0 1.34 0.67 -50% G 1.5 1.1 0.77 -30% 6.0 2.67 2.48 -7% 3.0 1.47 1.69 +15% * Not previously reported. Trench E not completed, Trench...