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Damara Gold Continues to Intersect High Grade Gold in First Six 2021 Drill Holes at Placer Mountain, Including 1.40 Metres of 34.12 g/t Au and 87.74 g/t Ag
(TheNewswire) March 8 , 2022 – TheNewswire - DAMARA GOLD C...
About this update from Bronco Resources Corp.
[{"type":"text","content":"Damara Gold Continues to Intersect High Grade Gold in First Six 2021 Drill Holes at Placer Mountain, Including 1.40 Metres of 34.12 g/t Au and 87.74 g/t Ag\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n March 8\n \n \n , 2022 –\n \n \n TheNewswire -\n \n \n DAMARA GOLD CORP.\n(TSXV:DMR)\n \n \n (OTC:SLMZF)\n \n \n (\n \n \n “\n \n \n Damara\n \n \n ”\n \n \n or the\n \n \n “\n \n \n Company\n \n \n ”\n \n \n )\n \n \n is pleased to report that it’s 2021 drill program has\nsuccessfully extended gold mineralization at the Main Vein, which\ncontinues to remain open to the west, with drill hole MV-21-06\nintersecting 1.40 meters of 34.12 g/t Au and 87.74 g/t Ag\n \n \n on its Placer Mountain Project south of Princeton, BC\n(“\n \n \n Placer\nMountain\n \n \n ” or the “\n \n \n Property\n \n \n ”). This\nnews release reports the first 6 of 18 drill holes completed during\nthe 2021 program. The 2021 drill program successfully extended high\ngrade intercepts from the 2020 maiden drill program, including 1.0 m\nof 48.60 g/t Au and 30.80 g/t Ag (See April 5, 2021 News Release) and\nhighlights the potential for a large scale orogenic gold system at\nPlacer Mountain. The intersection of high-grade gold in MV-21-06\nindicates significant expansion potential even further to the west, as\nthe gold system now extends into areas previously untouched, due to\nthick overburden cover. Following this second phase drill program, the\npresence of a strong orogenic gold system is becoming apparent at\nPlacer Mountain.\n \n \n \n \n Assays also remain pending for the remainder of the\nMain Zone as well as 8 maiden holes drilled at the new Kodiak Zone,\nwhich was discovered during a 2021 soil sampling and trenching program\nearlier this year. The drilling at Kodiak intersected strong veining\nand sulfide mineralization, with broad alteration halos, similar to\nthat encountered in the Fall program (See news release December 2,\n2021).\n \n \n \n \n Main Vein Expanded; Remains Open\nAlong Strike and at Depth\n \n \n \n \n All holes within the Main Zone have intersected the\nMain Vein, with the exception of MV-21-04, which was terminated short\nof the vein due to drilling difficulties associated with the recent\nflooding events in Princeton and MV-21-05 which was collared just\nsouth of...