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Aurcrest Gold Provides Assay Results from Ranger Lake Spring/Summer 2021 Exploration Program
TORONTO, ON / ACCESSWIRE / November 15, 2021 / AurCrest Gold Inc. (the " Company " or " AurC...
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[{"type":"text","content":"Aurcrest Gold Provides Assay Results from Ranger Lake Spring/Summer 2021 Exploration ProgramTORONTO, ON / ACCESSWIRE / November 15, 2021 / AurCrest Gold Inc. (the \"Company\" or \"AurCrest\") (TSX:AGO) would like to thank shareholders for their patience given the industry-wide support service delays and provide drill hole assay results from the Spring-Summer 2021 program on the 100% owned Ranger Lake property, Ontario (\"Ranger Lake\" or the \"Property\").Nine (9) diamond drill holes positioned off 3 drill pad locations were designed to test one (1) of three (3) high priority targets interpreted from favorable CARDS AI information, regional and property scale airborne aeromagnetic contrasts associated with the CARDS anomalies, SGH (spatiotemporal geochemical hydrocarbon) analysis and modeling of high Au pathfinder results, and mapping of geological and structural features in sparse outcrop exposures (Figures 1 and 2). A total of 1,683 metres of NQ core were completed (Table 1). Drill hole orientations also were guided by 3D plotting of sulphide intersection observed during ongoing drilling.Table 1: Drill hole data for the Spring-Summer 2021 Ranger Lake program.Eight (8) drill holes encountered sulphide veins and stringer zones over 1-7 metre intervals hosted in a metasedimentary sequence. Veins and host rocks are sheared and folded, and display characteristics consistent with stages of post-mineralization deformation and partial melting, the latter inferred by quartz-alkali feldspar leucosomal bands.Petrographic review of polished thin sections from several of these intervals demonstrated a suite of mixed silicates and magnetite overprinted by sulphide minerals including pyrrhotite which showed pristine character to incipient replacement by marcasite (in shallow samples), and idiomorphic pyrite displaying minor late chalcopyrite along grain margins and fractures.No precious metal or other base metal minerals were identified under the microscope and the low assay values correlate with those observations.A total of 606 samples were submitted for assay from eight (8) holes and selected intervals with >1.0 ppm Ag (n=30) are presented in Table 2. RAL21-001, 001B, and 002B were sampled entirely at one metre increments. The remaining holes were sampled selectively based on sulphide content, and RAL21-002 was not sampled due to a lac...