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Evergold Delivers Broad Intercepts from GL1 Main Zone, Golden Lion Property, Northern B.C., Recaps 2020 Program, Plans 2021 Follow-up
TORONTO, Jan. 26, 2021 (GLOBE NEWSWIRE) -- Evergold Corp. (TSX-V: EVER, OTC: EVGUF, WKN: A2PTHZ) (“Evergold” or the “Company”) is pleased to report remaining re
About this update from Evergold Corp.
[{"type":"text","content":" TORONTO, Jan. 26, 2021 (GLOBE NEWSWIRE) -- Evergold Corp. (TSX-V: EVER, OTC: EVGUF, WKN: A2PTHZ) (“Evergold” or the “Company”) is pleased to report remaining results and recap the 2020 drill program on the Golden Lion property in northern B.C. Broad intervals of gold-silver epithermal style mineralization encompassing higher-grade intervals were intersected in step-outs to earlier reported holes. Inclusive of historical drilling by Newmont, the GL1 Main Zone now exceeds 800 metres in strike length. The zone comprises epithermal-style mineralization exposed at surface and associated with a geophysical response that increases with depth below current drill intercepts, suggesting that potentially stronger mineralization, and higher grades, may lie not far below. Evergold is excited to drill this underlying geophysical response in the approaching field season, within a broader program to evaluate extensions along strike. GL1 Main – 2020 Drill Program Highlights: (New) 88.62 metres at 0.71 g/t Au from 4.88 to 93.50 metres in hole GL-20-009 ° Including 16.50 metres of 1.59 g/t Au from 45.00 to 61.50 metres ° Including 10.50 metres of 2.07 g/t Au from 48.00 to 58.50 metres (New) 73.5 metres of 0.44 g/t Au from 29.51 to 103.01 metres in hole GL-20-011 53.21 metres at 0.75 g/t Au from 7.52 to 60.73 metres in hole GL-20-002* ° Including 19.00 metres of 1.61 g/t Au from 35.10 to 54.10 metres 73.82 metres of 0.50 g/t Au from 5.38 to 79.20 metres in hole GL-20-003* ° Including 7.60 metres of 2.78 g/t Au from 55.40 to 63.00 metres 61.70 metres of 0.76 g/t Au from 6.80 to 68.50 metres in hole GL-20-006* ° Including 17.50 metres of 1.51 g/t Au from 42.50 to 60.00 metres 73.12 metres of 0.69 g/t Au from 4.88 to 78.00 metres in hole GL-20-008* ° Including 8.39 metres of 1.72 g/t Au from 27.70 to 36.09 metres *Previously released holes included for comparative purposes and to demonstrate the hole-to-hole consistency of results form the GL1 Main Zone. “The GL1 Main Zone is wide, long, shallow, and appears from the geophysics to run deep,” said Kevin Keough, President & CEO. “The grades achieved in drilling to date, coupled with the near-surface position of the mineralization and moderate topography of the site, provide early indications of this zon...