Business
Damara Gold Expands Soil Anomaly with up to 18.1 g/t Au and 52.1 g/t Ag in soil and Sees Potential Bulk Tonnage Style Mineralization at Kodiak Zone
(TheNewswire) December 2, 2021 – TheNewswire - DAMARA GOLD CORP. (...
About this update from Bronco Resources Corp.
[{"type":"text","content":"Damara Gold Expands Soil Anomaly with up to 18.1 g/t Au and 52.1 g/t Ag in soil and Sees Potential Bulk Tonnage Style Mineralization at Kodiak Zone\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n December 2, 2021 – TheNewswire -\n \n \n DAMARA GOLD CORP. (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 announce the Phase II soil sampling at the\nKodiak Zone has expanded the size of the anomaly to 400 meters in\nwidth and 1.2 kilometers in length, with individual soil samples\ngrading up to 18,067 ppb (18.067 g/t) gold and 52.1 g/t\nsilver\n \n \n on its Placer Mountain Project south of\nPrinceton, BC (“\n \n \n Placer\nMountain\n \n \n ” or the “\n \n \n Property\n \n \n ”).\nPreliminary trenches excavated within part of the zone have\nintersected a swarm of parallel quartz-sulfide veining within\nmineralized and altered granite, suggesting the potential for a\nbulk-tonnage style system at the Kodiak Zone. Trench TR-03 returned\n0.70 g/t gold across 44.5 meters at its southeastern half, and\nhigher-grade sub-intervals included a 20 cm quartz-sulfide vein\ngrading 29.30 g/t gold and 78.40 g/t silver. The maiden trenches have\ntested 130 meters of the 400 meters width and 180 meters of the\n1.2-kilometer length of the soil anomaly.\n \n \n \n \n Kodiak Zone Soil Anomaly Greatly\nExpanded\n \n \n \n \n The Phase II soil sampling consisted of 660 samples\ncollected in October of this year, with values ranging from below\ndetection up to 18,067 ppb gold and 52.1 ppm silver. The\neast-northeast trending anomaly is 400 meters in width across the\nslope, which has only been partially tested by trenching. The length\nof the anomaly spans 1.2 kilometers with the western end continuing up\nthe opposing side of the valley. On its eastern end, the anomaly\ntrends underneath post-mineral volcanic cover rocks. The logging road\nacross the center of the anomaly will be used to collar drill holes\nplanned for the current program.\n \n \n \n \n Orange iron oxide staining in logging road cuts within\nthe Kodiak correlates well with anomalous gold-in-soil values. The\nCompany is investigating the use of high-resolution satellite imagery\nto identify further areas of elevated iro...