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Consolidated Gold Win reports pre-drilling and geological mapping details of QFP dyke and mineralization at Nevada Gold and Copper Property
Consolidated Gold Win reports pre-drilling and geological mapping details of QFP dyke and mineralization at Nevada Gold and Copper Property.
About this update from Big Bear Gold Corp.
[{"type":"text","content":"\n\n\n\n\nVANCOUVER, Aug. 21 /CNW/ - CONSOLIDATED GOLD WIN VENTURES INC. (CGW\nTSX-V, Frankfurt OUH, Pinks CGWVF) has commenced the pre-drilling geological\nmapping of the South Dolly Varden gold/copper claims in Elko County, Nevada.\nThis mapping is to facilitate a resolution of the zones of mineralization\noutlined by the surface geochem and rock samples and the 3000 foot delineated\ncoincident Induced Polarization(IP) anomaly with what is intersected in the\ndiamond drill core holes which are currently being permitted.\nThe proposed drill sites that were located to test the IP anomaly were\nadjacent to various zones of mineralization including some of the high grade\ncopper, zinc and silver zones which are being detailed by the geological\nmapping. Specifically the grab samples with 1145 ppm silver (33.57 ounces per\ntonne) and 347ppm silver (10.18 ounces per tonne), (2.67% copper; 20.6% lead;\n1.49% zinc and 0.154 ppm gold and 9.34% copper; 1.95% lead; 2.21% zinc and\n0.116 ppm gold, respectively) which are located on the northern end of the IP\nzone will be targeted. As well, where the IP zone comes to surface, towards\nthe south end of the IP anomaly, several mineralized outcrops of copper rich\nmineralization have been found. Three grab samples (2.02 %, copper and 3.9 ppm\nsilver; 0.81% copper 190 ppm Molybdenum and 16.7 ppm silver & 3.65% copper\n190 ppm uranium and 1.1 ppm silver) were reported from that area.\nA further east drill site testing an area of reported alteration and\ncopper mineralization (two grab samples reported 5.7 & 3.4 ppm silver; 1.32% &\n0.535% copper; 129 and 690 ppm molybdenum and 0.193 ppm and 0.134 ppm gold,\nrespectively) is located on a resistivity high area approximately 2000 feet\neast of the main IP zone.\nThe geological mapping has identified a Quartz Feldspar Porphyry (QFP)\nintrusive associated with the chargeability anomaly and the rock geochemistry\nanomaly. QFP's are associated with the Skarn and porphyry copper deposits of\nthe Nevada basin area.\nPermitting is progressing and drilling of the extensive zones of\nmineralization this fall is anticipated.\nThe Dolly Varden area is recognized as a classic eastern Great Basin\ndistrict with base and precious metals associated with upper Paleozoic\nsediments intruded by Cretaceous auriferous magmas, which is a similar\ngeological s...