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Saville Resources Provides Exploration Update on the Bud Property, Greenwood, B.C
VANCOUVER, BC / ACCESSWIRE / March 2, 2020 / Saville Resources Inc. (TSXv:SRE)(FSE:S0J) ("S...
About this update from Future Fuels Inc
[{"type":"text","content":"Saville Resources Provides Exploration Update on the Bud Property, Greenwood, B.CVANCOUVER, BC / ACCESSWIRE / March 2, 2020 / Saville Resources Inc. (TSXv:SRE)(FSE:S0J) (\"Saville\") is pleased to provide an update on exploration efforts from the 2019 field program at its 100% wholly owned Bud Property (the \"Property\"), located northwest of Greenwood, British Columbia.The Property is located approximately 4 km northwest of Greenwood, B.C. and consists of a total of 6 mineral licenses encompassing an area of approximately 380.6 Ha. The property is also located 2 km southwest of Ximen Mining Corp.'s (TSX.V: XIM) Gold Drop Property under option by GGX Gold Corp. (TSX.V: GGX) where diamond drilling on the C.O.D vein intersected high-grade mineralization including 129 g/t gold and 1,154 g/t silver over 7.28-metre core length and 107.5 g/t gold and 880 g/t silver over 6.90-metre core length (see GGX Gold news release Jan 11th & 18th, 2019).Saville's 2019 field program consisted of the collection of 14 rock grab samples from bedrock from both the western portion of the property and the area along the historical Mother Lode Road gossan showing.Sample numbers and associated assays are listed in the table below.Table 1: Geochemical assays from 2019 field season at the Bud Property. NA = Not assayed forSAMPLE #Au (ppm)Co (ppm)Cu (ppm)S (%)Zn (ppm)43270.057356265.143743283.841052200>10.082443290.2073860.1371543300.1613520300.12330043310.024323631.177243320.018<12380.433743331.522474070>10.05043340.1112446730>10.012543350.1242283710>10.05543360.2832293910>10.05243370.8644766540>10.012743240.021NANANANA43260.013NANANANA43250.01191270.0322The Bud PropertyThe Bud Property is situated within the highly mineralized Boundary District. The Boundary District includes the Republic, Belcher, Rossland and Greenwood Mining Camps in Southern British Columbia and northern Washington State, and has total past production exceeding 7.5 million ounces gold. The important gold deposits within the Boundary District can be broadly classified into six deposit types, including skarns, epithermal and mesothermal veins, mineralization associated with Jurassic alkalic intrusives, mineralization associated with serpentinite, and gold-bearing volcanogenic magnetite-sulfide deposits.The Bud Property has potential for copper-gold skarn minerali...