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Stone Gold Announces Batchewana Bay District Exploration Update
TORONTO, Oct. 21, 2021 (GLOBE NEWSWIRE) -- Stone Gold Inc. (TSX-V: STG) (“Stone Gold” or the “Company”) is pleased to provide an exploration update regarding it
About this update from Copper Road Resources Inc
[{"type":"text","content":" TORONTO, Oct. 21, 2021 (GLOBE NEWSWIRE) -- Stone Gold Inc. (TSX-V: STG) (“Stone Gold” or the “Company”) is pleased to provide an exploration update regarding its contiguous 21,000-hectare Batchewana Bay District (“BBD”) unpatented claims package situated 80 km. north of Sault Ste Marie Ontario. Overview The Batchewana Bay District claims are located on the eastern edge of the Late Proterozoic (1050-1115 Ma) Midcontinent Rift, most of which trends beneath Lake Superior. Numerous past-producing and present Cu, Ni and precious metal deposits are distributed around Lake Superior adjacent and/or associated with the rift, including the prolific native copper deposits of the Keweenawan Peninsula, Michigan. The district is situated within the Mamainse Point Formation of the Keweenawan Group in the Proterozoic Southern Province, on the eastern edge of the Mid Continental Rift. The western and central part of the claims package straddles the NNW trending unconformity between the Mamainse Point Formation to the west and rocks of the Batchewana Greenstone Belt of the Archean Superior Province to the east. The Keweenawan Group stratigraphy is characterized by shallow westerly dipping sub-aerial flood basalts and intercalated conglomerates intruded by felsic sub-volcanic intrusives and breccias. Significant sections of the district were closed to staking from 1972-2006, accordingly the area has seen only sporadic mineral exploration since the 1970s. The Batchewana Bay District is comprised of two major copper and gold exploration and development projects: 1. The Copper Road Project: 19,000 Hectares containing the former producing Tribag and Coppercorp Copper mines and several historical prospective deposits. This area includes the recently acquired Tribag and East Breccia properties. (News Release March 10, 2021) The Tribag Mine was closed for staking from 1972-2006, and the Coppercorp Mine area closed for staking from 1972-2002. 2. Glenrock Gold Project: 2,000 hectares of under-explored Archean greenstone belt containing multiple gold targets and favourable historical drilling. Copper Road Project The Copper Road Project encompasses multiple Proterozoic breccia bodies containing numerous known copper showings, deposits and past producers reporting historic resources within the approximately 19,000-hectares of claims that make up the project...