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Finlay commences PIL Property exploration
Finlay commences PIL Property exploration Canada NewsWire VANCOUVER, July 12, 20...
About this update from Finlay Minerals Ltd.
[{"type":"text","content":"\n\n\n\nFinlay commences PIL Property exploration\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, July 12, 2018\n\n\n\nVANCOUVER, July 12, 2018 /CNW/ - Finlay Minerals Ltd. (TSXV: FYL) (the \"Company\") announces the commencement of an exploration program on its 100% owned PIL Property in the Toodoggone region of northern British Columbia. \n\nIn 2017, the Company conducted geophysical, geological and geochemical surveys over the recently discovered Copper Cliff Zone and an adjacent 800 metre (m) long Gold-Silver (Au-Ag) Epithermal structure. The results of this work are outlined in a Company news release dated April 24, 2018 – Reference: Finlay NR 04-18. (Click HERE for a map of the area of 2017 work (Atlas and Pillar East) of the PIL Property and for referencing throughout this news release.)\n\nThese and the Company's previous exploration program results suggest that the Atlas and Pillar East Zones are potentially related to the effects of a large, deep-seated alkalic porphyry system.\n\nThe 2018 program will consist of systematic, close-spaced trench sampling along the Au-Ag Epithermal structure/zone. Trenches will be excavated across the trend of the zone with emphasis on known bedrock and float mineralization. It is hoped that this work will determine the zone's width, strike and dip, alteration and mineralization. Ultimately the program's objectives are to determine the extent, grade and exploration potential of the Au-Ag Epithermal Zone.\n\nHigh priority targets include a quartz breccia sub-outcrop where a grab sample in 2017 graded 19.95 g/t Au and 423 g/t Ag – the best results to date. (Reference: Finlay NR 04-18 dated April 24, 2018.) Another priority target will be the area of a 0.5m quartz breccia boulder found 40 metres to the north that assayed 6.57g/t Au and 13.1g/t Ag (Reference: Finlay NR 06-16 dated October 25, 2016). Numerous other rock and soil anomalies along the Au-Ag Epithermal Zone will be investigated and tested. \n\nThe 2017 Induced Polarization (IP) survey identified a general increase in IP cha...