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Canagold Drilling Intersects New Vein Grading 7.54 gpt Gold over 18.6 m Length at New Polaris Project, BC, Additional High-Grade Mineralization Outlined in C-West Main Vein
VANCOUVER, BC / ACCESSWIRE / June 14, 2022 / Canagold Resources Ltd. (TSX:CCM)(OTCQB:CRCUF)(F...
About this update from Canagold Resources Ltd
[{"type":"text","content":"Canagold Drilling Intersects New Vein Grading 7.54 gpt Gold over 18.6 m Length at New Polaris Project, BC, Additional High-Grade Mineralization Outlined in C-West Main VeinVANCOUVER, BC / ACCESSWIRE / June 14, 2022 / Canagold Resources Ltd. (TSX:CCM)(OTCQB:CRCUF)(Frankfurt:CANA) announces sample assay results from the C-10 vein (\"C-10\"), C-West Main vein (\"CWM\") and a new deeper vein in seven more drill holes from the expanded drill program at its 100% owned New Polaris Gold project located in northwestern British Columbia, 100 kilometers (km) south of Atlin and 60 km northeast of Juneau, Alaska.Highlights:7.41 grams per tonne (\"gpt\") Au over 3.5 meters (\"m\") from 483.7 m in the C-10, 7.70 gpt Au over 2.2 m from 549.8 m in the CWM and 7.54 gpt Au over 18.6 m from 679.8 m down hole in a new vein in Hole 22-1844E2W1A.4.68 gpt Au over 1.4 m from 462.7 m in the C-10 vein, 10.1 gpt Au over 3.1 m from 539.7 m in the CWM and 12.3 gpt Au over 2.3 m from 578.5 m down hole in a new vein in Hole 22-1844E2.5.27 gpt Au over 22.6 m from 453.2 m in the C-10 and 16.0 gpt Au over 6.1 m from 571.8 m in the CWM in hole 22-1844E2W2A.Scott Eldridge, Canagold CEO, said, \"We are pleased to announce the first two intercepts on a new vein that is deeper than the current maximum 600m depth of our resource. The grade and thickness of this new vein is of particular interest, over 18 meters in one hole, which puts it on the top 10 list of drill intercepts in the table below covering our recent 30,000 meter drill program.\"\"This speaks to the depth potential to expand the resources at New Polaris, typical of other mesothermal gold deposits around the world. We continue to unlock shareholder value by demonstrating the potential to add resources at New Polaris.\"Click to enlarge imageClick to enlarge imageDetailed information for the seven drill holes and the sample assay results and mineralized intercepts are provided in Table 1 and Table 2 below.Top 10 Gold Mineralized Intercepts From 30,000m Drill Program:Hole-IDFrom (m)To (m)Length (m)Au (gpt)Vein21-1783E2378.0391.013.015.8CWM21-1905E2380.9398.717.811.1C1021-1783E1323.0329.66.624.2CWM21-1890E1343.0351.48.417.1C1022-1844E2W1A679.8698.418.67.54Unnamed21-1783E5433.6437.53.930.8CWM22-1844E2W2A453.2475.822.65.27C1021-1750E1299.0308.09.012.0CWM21-1844E3414.4423.38.911.0C922-1844E2W2A571.8577.96.116.0CW...