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Discovery Harbour Outlines Eight Target Areas For 2020 Drilling on Caldera Gold Project, Nevada
Vancouver, British Columbia--(Newsfile Corp. - January 9, 2020) - Discovery Harbour Resources...
About this update from Discovery Harbour Resources Corp.
[{"type":"text","content":"Discovery Harbour Outlines Eight Target Areas For 2020 Drilling on Caldera Gold Project, NevadaVancouver, British Columbia--(Newsfile Corp. - January 9, 2020) - Discovery Harbour Resources Corp. (TSXV: DHR) (the \"Company\" or \"Discovery Harbour\") is pleased to announce a progress update on its detailed soil sampling and historical work data compilation programs on the Caldera Gold Project in Nevada. This historical data will be integrated with new data, including from a detailed soil sampling program currently underway, to evaluate and prioritize targets for the drill program planned for this year.Phase 1 results of a two phased detailed soil sampling program will be available to management for review this month. The Company currently has 30 prioritized targets in eight separate areas that are being considered for drilling. These targets have been systematically ranked with the current data in the context of a high grade - low sulphidation epithermal gold model. Eight Target AreasThe historical data that is being compiled and evaluated is a result of programs by various companies exploring for a shallow bulk tonnage gold deposit. Discovery Harbour's mapping program defined 30 targets for the planned drill program. The current soil sampling program, including multi-element data combined with historical data, will prioritize the initial drill targets for a high grade epithermal gold deposit.The historical data includes the following:142 drill holes;804 rock samples;1,365 soil samples, some with multi-element data, others with only gold and silver and lacking pathfinder elements such as antimony, arsenic and mercury;Numerous old workings; andMagnetic geophysical surveys.The Company has divided the targets into eight areas throughout the 30 square km Caldera property (See Figure 1). The eight areas are as follows:Target AreaNumber of TargetsSummary DescriptionAdara8Multiple shorter northwest trending structures, with inflections, abundant old workings, multiple historical shallow drill holes with anomalous and some high grade Au intercepts, partial historical soil analyses with strong gold anomalies.Barak2Northerly striking, shorter, structures, limited drilling with some anomalous results.Calista4Two long linear parallel northwest structures, abundant old workings, notable brecciation, partial historical soil analyses with stron...