Business
Big Gold Reports Drilling Results at Tabor Property in the Shebandowan Greenstone Belt in Northwestern Ontario
Toronto, Ontario--(Newsfile Corp. - February 3, 2025) - Big Gold Inc. (CSE: BG) (FSE: H7L) (the "Company" or "Big Gold") wishes to announce assay results from t
About this update from Big Gold, Inc.
[{"type":"text","content":" Toronto, Ontario--(Newsfile Corp. - February 3, 2025) - Big Gold Inc. (CSE: BG) (FSE: H7L) (the \"Company\" or \"Big Gold\") wishes to announce assay results from the Company's maiden drill program at Tabor. A total of 642 metres was drilled in the program in the highly prospective Shebandowan Greenstone Belt (SGB) in Northwestern Ontario. The maiden drill program focused on the East Divide Target Zone where grab sampling returned assay values up to11.4 g/t Gold (Au) during Phase 2 exploration and 1.46 metres of 10.9 g/t Au, 34.1 g/t silver, 0.5% copper, and 1.8% zinc from historical infill sampling of available drill core. The drill program tested geophysical anomalies outlined using Induced Polarization (IP) surey data that defined targets in the Company's early 2024 IP survey. Drill holes were placed on three 100 metre spaced intervals (sections) that tested a strike length of 200 metres. All three sections where drilling was carried out intersected zones of alteration, shearing, and veining to a maximum depth of 168 metres. Hole TB-24-001 tested the continuation of the East Divide Zone and intersected 0.154 g/t Au over 0.76m from 101m in quartz veining containing minor pyrite. Hole TB-24-004, which was drilled 200m to the east along strike from hole TB-24-001, intersected three distinct zones of vein and sheared mafic volcanics, resulting in: 0.136 g/t Au over 0.5m from 52m in scattered quartz veinlets within mafic volcanics 0.524 g/t Au over 0.5m from 90m in mineralized quartz vein containing pyrite and pyrrhotite (Figure 1). 0.185 g/t Au over 0.88m from 146.12m in sheared and mineralized quartz vein containing 4% disseminated pyrite While no high-grade gold assay results were encountered, the presence of anomalous gold and sulphide mineralization within zones of shearing and veining over a strike length of 200m is promising. A 3D view of the Tabor drill program is shown in Figure 2. Selected assay results are available in Table 1. Drill collar information is found in Table 2. Figure 1: TB-24-004 drill core, quartz vein with up to 4% pyrite and 2% pyrrhotite, assayed 0.524 g/t Au. \"We are pleased to have uncovered quartz veining and mineralization over a strike length of 200 metres at the Tabor Property,\" said Scott Walters, CEO of Big Gold. \"We are using the invaluable lithology, alteration, mineralization, and structu...