Business
Discovery Harbour Outlines Spring Program on Caldera Gold Property, Nevada
Vancouver, British Columbia--(Newsfile Corp. - April 6, 2021) - Discovery Harbour Resources Co...
About this update from Discovery Harbour Resources Corp.
[{"type":"text","content":"Discovery Harbour Outlines Spring Program on Caldera Gold Property, NevadaVancouver, British Columbia--(Newsfile Corp. - April 6, 2021) - Discovery Harbour Resources Corp. (TSXV: DHR) (OTC Pink: DCHRF) (FSE: 4GW) (the \"Company\" or \"Discovery Harbour\") is pleased to announce that it has commenced a reconnaissance program and received further soil sample results on its low sulphidation epithermal gold Caldera property in Nevada. The spring program focus is the northern underexplored portion of the 30 square kilometer Caldera property. The Company is expecting to conduct a drill program on the core part of the Caldera property this summer, for which it submitted a drill permit application to applicable US regulatory authorities last year.The reconnaissance spring program goals are twofold. One is to identify new targets on the underexplored parts of the property. The second is to use modern alteration mapping techniques using a spectrometer to refine current drill targets (for a description of the drill targets please refer to the Company's website and the news release of August 31, 2020) in the context of a low sulphidation epithermal deposit model. The program includes reconnaissance, rock chip and stream sediment geochemistry, a hand held XRF spectrometer for mineral identification as well as wide spaced soil sampling. The results will be used to prioritize the previously selected drill targets and identify future drill targets.The recently received soil samples were taken on claim corners when the Company previously expanded the Caldera property. They provide wide spaced coverage over most of Caldera at 1500 foot by 600 foot centres (approximately 450 meters by 180 meters) and were analyzed for 37 elements, including gold and silver. The soils included coverage of some areas that Discovery Harbour and historical work had previously covered in greater detail. Some of the new findings of particular interest are (please refer to www.discoveryharbour.com for maps of the target areas referred to):An extension to the northwest of the Calista structures based on gold and silver results;A previously unrecognized northwest trend, defined by anomalous antimony, arsenic and mercury data, which lies to the southwest of the Harmonia target;An east-west trend, corresponding with interpreted regional lineaments, in the southeastern corner...