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Discovery Harbour Provides Newcrest's Planned Program for Fortuity 89, Nevada
Vancouver, British Columbia--(Newsfile Corp. - April 12, 2021) - Discovery Harbour Resources C...
About this update from Discovery Harbour Resources Corp.
[{"type":"text","content":"Discovery Harbour Provides Newcrest's Planned Program for Fortuity 89, NevadaVancouver, British Columbia--(Newsfile Corp. - April 12, 2021) - Discovery Harbour Resources Corp. (TSXV: DHR) (OTC Pink: DCHRF) (FSE: 4GW) (the \"Company\" or \"Discovery Harbour\") is pleased to announce that Newcrest Resources Inc., a wholly owned subsidiary of Newcrest Mining Limited (\"Newcrest\"), has provided the details of its planned program for the Fortuity 89 epithermal gold property in Nevada.The Fortuity 89 property covers very limited outcrop surrounded by a large covered area. The outcrop and interpreted geology are prospective for concealed low sulphidation epithermal gold mineralization below shallow unconsolidated alluvial gravels. Newcrest's planned activities include a geophysical program encompassing a 675 line kilometre drone airborne magnetic survey, a 250 station ground gravity survey and a 45 line kilometre audio band magnetotellurics (AMT) resistivity survey. It is intended that geologic and alteration sampling and mapping will also be undertaken with a soil geochemical sampling program. The intended outcome of this program is to identify potential drill targets for testing this calendar year.Mark Fields, the Company's President and CEO, states \"We are very pleased to see Newcrest is rapidly advancing activity on Fortuity 89 through the planned evaluation and target identification for a drill program. Newcrest has committed an initial minimum commitment of US$1.5 million to begin the evaluation of the Fortuity 89 property (see Discovery Harbour news release, March 9, 2021). It is an exciting time for Discovery Harbour shareholders with both the Caldera and Fortuity 89 property programs quickly advancing. The properties are only a few kilometres apart with similar geology and gold deposition models.\" Mark Fields, P.Geo., is the Qualified Person for Discovery Harbour as defined in NI 43-101 and has reviewed and approved the technical contents of this news release.For more information, please visit the Company's website at www.discoveryharbour.com.About Discovery HarbourDiscovery Harbour is focused on sourcing, exploring and developing mineral properties in mining-friendly jurisdictions. Its current primary focus is to undertake a drill program on Caldera, a low sulphidation epithermal gold project in Nevada. Additionally, Disco...