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Consolidated Gold Win Ventures reports pre-drilling at Yeti Gold Claims - Northern BC
Consolidated Gold Win Ventures reports pre-drilling at Yeti Gold Claims - Northern BC.
About this update from Big Bear Gold Corp.
[{"type":"text","content":"\n\n\n\n\nVANCOUVER, Aug. 22 /CNW/ - CONSOLIDATED GOLD WIN VENTURES INC. (CGW\nTSX-V, FRANKFURT - OUH, PINKS - CGWVF) (\"Gold Win\") has completed its initial\nsummer work on the Yeti Claims area as the company continues the evaluation of\nthe gold and base metal showings on those claims. The company is proceeding\nwith permitting for at least three drill sites to test the Main, Comfort and\nWolf Zones which are along a north/northeast trending 3 kilometre mineralized\nstructural zone within the Stuhini Group of volcanics and sediments.\nThese three zones have returned values of gold and copper in grab samples\n(up to 74,000 ppb (74 gm/tonne) gold and copper values up to 14,340 PPM\n(1.4%); over 10,000 ppm copper (greater than 1%) with trace gold; and 487 ppb\n(0.5 gm/tonne) gold and 3409 ppm (0.34%) copper respectively) with most of the\nwork being completed on the central Main Zone. The Comfort zone, of\nbreccia-quartz stockworks and serpentine-talc at the south end of the Main\nzone and similar Wolf Zone of quartz carbonate stock work bracket the Main\nzone and have been less intensely explored. Quartz carbonate alteration\ncontinues to the north east associated with a porphyritic diorite dyke to a\npossible fourth drill site area.\nThis intrusive associated with the fourth drill site area to the north\nand the reported intrusive just south of the Comfort zone are both believed to\nbe part of the Nightout granodioritic Pluton which is associated with the Late\nTriassic intrusive suite into the Stuhini Group and which gave rise to the\nGalore Creek deposit 42 kilometres to the south.\nIn the Main Zone, \"ladder veins\" occur between two or more north trending\nveins up to two meters in width and in conjunction with a strong gossanous\ncarbonate altered zone (the Wolf zone and north drill site area), has shown\nthe veins to be highly enriched in gold. Select grab samples from the Main\nzone returned have returned the highest values to date of 515,000 ppb\n(14.9 oz./ton) gold, 697.2 PPM (20 oz./ton) silver and 27,244 PPM (2.7%)\ncopper.\nThe company feels that the planned exploration program, which will\ninclude site preparation for drilling expected to commence early this fall,\nwill enhance the current knowledge of this extensive area of mineralization.\nThe association of volcanics, sediments and intrusives is significant as\...