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Damara Intersects High-Grade Gold at Kodiak Zone with 3.0 meters of 39.2 g/t Gold and 80.4 g/t Silver
(TheNewswire) KZ-21-05 intersects 3.0 meters of 39.2 g/t Gold and 80.4 g/...
About this update from Bronco Resources Corp.
[{"type":"text","content":"Damara Intersects High-Grade Gold at Kodiak Zone with 3.0 meters of 39.2 g/t Gold and 80.4 g/t Silver\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n KZ-21-05 intersects 3.0 meters of\n39.2 g/t Gold and 80.4 g/t Silver in Southern BC, ~15 km from Copper\nMountain Mine\n \n \n \n \n \n \n \n \n Kodiak Zone is open in all\ndirections, with a 1.5 km high-grade soil anomaly still open to the\neast\n \n \n \n \n \n \n \n \n Strong potential for additional\ndiscoveries under post-mineral volcanics spanning a 2.5-km distance\nbetween the Kodiak and Main Zones\n \n \n \n \n \n \n \n \n Quartz-sulphide veining intersected\nin all drill holes at Kodiak Zone\n \n \n \n \n \n \n \n \n Only 1/3 of the 600-meter-wide Kodiak\nZone has been tested\n \n \n \n \n \n \n \n \n The mineralization at Placer Mountain\nhas strong geological similarities to Gold Mountain Mining’s Elk\nDeposit 80 km to the north\n \n \n \n \n \n \n \n \n Multiple gold occurrences found in\njust a single field season at Placer Mountain; additional ground\nstaked to the north along prospective geological structure with\nexpanded drilling planned for 2022\n \n \n \n \n \n \n March 24\n \n \n , 2022 –\n \n \n TheNewswire -\n \n \n DAMARA GOLD CORP.\n(TSXV:DMR)\n \n \n (OTC:\n \n \n SLMZF\n \n \n )\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 ) is very\npleased to announce it has confirmed a new high-grade gold zone at its\nKodiak Zone prospect, located on the Company’s Placer Mountain\nproject in Southern BC\n \n \n (“\n \n \n Placer Mountain\n \n \n ” or\nthe “\n \n \n Property\n \n \n ”)\n \n \n . The Company rushed the processing\nand assays for hole KZ-21-05 which intersected 3.0 meters of 39.2 g/t\nGold and 80.4 g/t Silver within a new orogenic-style vein system\ndiscovered through reconnaissance soil sampling and trenching in 2021\n(Figures 1, 2). The true width of the vein is unknown at this time,\ndue to the broken and weathered nature of the recovered core, but high\nangle fractures suggest that the reported interval may be near to true\nwidth. The new gold system is characterized by quartz-sulphide veins\nhosted within a clay-sericite altered intrusive unit, near the contact\nwith Nicola Group volcanic and sedimentary rocks. ...