Business
Eagle Plains Commences Fieldwork at Pine Channel Gold Project, Northern Saskatchewan, Provides Vulcan Drilling Update
CRANBROOK, BC / ACCESSWIRE / June 11, 2020 / Eagle Plains Resources Ltd. (TSXV:EPL) ("EPL"...
About this update from Eagle Plains Resources Ltd.
[{"type":"text","content":"Eagle Plains Commences Fieldwork at Pine Channel Gold Project, Northern Saskatchewan, Provides Vulcan Drilling UpdateCRANBROOK, BC / ACCESSWIRE / June 11, 2020 / Eagle Plains Resources Ltd. (TSXV:EPL) (\"EPL\" or \"Eagle Plains\") has mobilized crews to commence exploration activity on its 100%-owned, 4300 ha Pine Channel project located 43 km west of Stoney Rapids, Saskatchewan. Limited historical drilling has been completed in and around the property area by past operators which resulted in the successful delineation of mineralization to shallow depths. Potential to test for further continuity at depth is considered to be excellent. Highlights from the property area include two historical occurrences which reportedly contain visible gold and graded up to 870 g/t gold (Old Cabin) and 255.7 g/t gold (Thompson Island) over narrow intervals.Eagle Plains initially acquired a 100% interest in the project in 2018 by staking and in 2019 completed a surface exploration program to evaluate and confirm the nature of mineralization previously documented at historical showings. As reported on March 17th, 2020, 1100 ha were added to the property package as a result of a 100% purchase (less 2% NSR) with an unrelated third party.The 2020 field program will include prospecting and soil geochemical sampling as well as detailed geological mapping and a high resolution UAV drone geophysical survey to help understand the structural controls on mineralization.See Pine Channel Project Map hereProperty Geology and HistoryThe Pine Channel property covers seventeen SMDI mineral occurrences of gold-bearing quartz veins in fractures hosted by graphitic schists and gneisses. The fracture zones vary from 0.1 - 2.0 m in width and typically are associated with arsenopyrite, tourmaline, jamesonite, pyrrhotite, chalcopyrite, galena and sphalerite.Highlights from historical work include:Thompson Island (SMDI 1576):Zone 1 - 255.7g/t Au, 32.3 g/t AgZone 2 - 87.1 g/t Au, 6849 g/t AgZone 3 - 130.6 g/t Au, 18 g/t AgOld Cabin (SMDI 2176): 870 g/t Au and 21.1 g/t Au at the Ridge ZoneNorth Norite Bay (SMDI 2183): 407.96 g/t (14.39 oz/T) Au over 0.5 m (drill hole)ELA (SMDI 1574): 35.96 g/t (1.41 oz/t) Au over 0.55 m (drill hole)Holes G-1 and G-3 (SMDI 2329): 3.20 g/t Au over 1 m (drill hole)Occurrence No. 6/Occurrence No. 8 (SMDI 1581): 90.6 g/t (3.20 oz/T) Au over 0.2 ...