Business
Global Minerals begins drilling at Quarter Horse Ranch - Nevada
Global Minerals begins drilling at Quarter Horse Ranch - Nevada.
About this update from District Metals Corp.
[{"type":"text","content":"\n\n\n\nSamples considered strongly anomalous\n\n\nTSX Venture Exchange Symbol: CTG\n\n\nFrankfurt Exchange Symbol: DFB\n\n\nVANCOUVER, Oct. 4 /CNW/ - Global Minerals Ltd. (CTG:TSXV, DFB:Frankfurt),\nis pleased to announce the beginning of a drilling program focused on the\nhighest priority areas of three target zones named North Limb, Main and South\nLimb at Quarter Horse Ranch - Nevada.\n\n\nTwo vertical reverse circulation holes are planned to test each target,\nfor a total of six holes. Drill hole depths will range from 1,000 to\n1,200 feet, for a total of approximately 7,000 feet. Drill site construction\nwas completed in July, and a reverse-circulation drill rig arrived on the\nproperty this week. Drilling is expected to take several weeks with assay\nresults to be released as soon as they are available.\n\n\nData compilation and validation has been completed on the Quarter Horse\nRanch Project and all available data has been combined to create a 3D model. A\ncomprehensive 3D model integrating geology, geophysics and surface/subsurface\ngeochemistry has never been completed in the project area before and it has\nproven highly effective furthering the understanding of the complex site\ngeology and the relationships between structures and mineralization.\n\n\nSAMPLES CONSIDERED STRONGLY ANOMALOUS\n\n\n-------------------------------------\n\n\nAs part of the drill site construction completed in July, 52 rock chip\nsamples were taken from the newly exposed rock outcrops along the roads and\ndrill pads. Samples were generally continuous 20 foot grab samples along the\nroad cuts. All samples were analyzed for gold, silver, and a 34-element suite\nof trace elements. 20 samples were taken within the North Limb target area,\n24 samples within the Main target area, 24 samples within the Main target\narea, and 8 samples from the South Limb target.\n\n\nDrill road construction within the North Limb target exposed altered\nupper plate Snow Canyon sandstones, siltstones, and cherts. Seven of the\n20 samples taken in the North Limb target returned gold values of 10 ppb or\nhigher, with values up to 53 ppb gold. Arsenic averaged 66 ppm, and included\nvalues up to 260 ppm. Antimony averaged 11 ppm, with values up to 38 ppm.\nThese levels of trace elements are considered strongly anomalous in upper\nplate rocks of the Jerritt District.\n\n...