Business
Big Gold Advances Phase 2 Exploration at Tabor Project in Ontario, Targets Historic High-Grade Gold Zones
Toronto, Ontario--(Newsfile Corp. - August 9, 2023) - Big Gold Inc. (CSE: BG) (the "Company" or "Big Gold") is pleased to announce that, following a successful
About this update from Big Gold, Inc.
[{"type":"text","content":" Toronto, Ontario--(Newsfile Corp. - August 9, 2023) - Big Gold Inc. (CSE: BG) (the \"Company\" or \"Big Gold\") is pleased to announce that, following a successful Phase 1 exploration, high-priority historical targets have been selected as part of the second phase of the 2023 exploration program at the Tabor Project (\"Tabor\" or the \"Project\") located within the Shebandowan Greenstone Belt northwest of Thunder Bay, Ontario. Phase 2 exploration includes 32 targets (Locations - See Figure 1) recently identified through historical desktop work and located along trends with historical high-grade gold drilling results including drill hole RS-83-01, which intersected 0.76 m of 24.30 g/t Au, 65.10 g/t Ag, 0.82% Cu, and 3.68% Zn. Figure 1 - Tabor Project Phase Two 2023 Exploration Targets \"We have now defined over 30 targets for continued exploration at the Tabor Project,\" commented President and CEO Scott Walters. \"Phase 2 will focus on historic drilling and gold occurrences within the Project's gold trend, including the East Divide and Cornell areas. With boots on the ground, we are utilizing comprehensive geological tools to identify high-quality targets and are eager to commence our inaugural drill program in the Shebandowan Greenstone Belt.\" Phase 2 Plan for Priority Targets Surface Exploration: Preparations are underway for field visits to defined targets for mapping and sampling of outcrops. Re-logging and Sampling Historic Core: Identified historic drill core will be reviewed and infill sampled, providing high value at low cost. IP Survey: Plans are in place to conduct IP surveys, aiding in further exploration and drill target definition. Drill Program: Leveraging data from the summer field program, the Company will refine drill targets and build a database to expedite exploration success. About the Tabor Project Tabor is adjacent to the east along trend of the Moss Project of Goldshore Resources Inc. that hosts a current inferred resource of 6 million ounces (grading 1.2 g/t Gold) at the Moss Lake Gold deposit* (see Figure 1) and is located approximately 20 km to the west of the Delta Resources Delta 1 Project*. Gold mineralization on the Project is reportedly associated with quartz veins, shearing and sulphides including pyrite, pyrrhotite, sphalerite and chalcopyrite. Geological host rocks include mafic volcanics, ser...