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Galleon Gold's Zone #9 Continues to Intersect High-Grade Gold at West Cache Gold Project
Results Include 8.68 g/t Au over 10 meters Toronto, Ontario--(Newsfile Corp. - January 12, 20...
About this update from Galleon Gold Corp
[{"type":"text","content":"Galleon Gold's Zone #9 Continues to Intersect High-Grade Gold at West Cache Gold ProjectResults Include 8.68 g/t Au over 10 metersToronto, Ontario--(Newsfile Corp. - January 12, 2021) - Galleon Gold Corp. (TSXV: GGO) (the \"Company\" or \"Galleon Gold\") is pleased to announce additional gold intercepts in and around the recently discovered Zone #9 high grade shoot at its 100% owned West Cache Gold Project, Timmins, Ontario. Recent drilling confirms that Zone #9 continues to show favorable grade continuity and widths within the shoot at depth. Current drilling is expected to provide better near-surface definition and test the shoot to greater depth.HighlightsWC-20-081 intersected 8.68 g/t Au over 10.0 m, from 276 to 286 m including sub-intervals of 12.25 g/t Au over 2.0 m and 12.04 g/t Au over 2.0 mWC-20-080 intersected 8.25 g/t Au over 9.0 m, from 190 to 199 m including a sub-interval of 19.7 g/t Au over 1.0 m WC-20-079 intersected 3.37 g/t over 5.0 m from 161 m to 166 m including a sub interval of 6.43 g/t over 1.0 m \"We are starting to see the emergence of a significant ore shoot, and as we trace it down dip and along strike, the grades and widths continue to be impressive. I am particularly pleased to see the continuity of the mineralized interval in Hole 81 and our growing ability to predict the orientation of the shoot with increasing accuracy. These are the types of grades and thicknesses that add to, and strengthen, the overall results of the gold project as the PEA is being developed by our third-party consultant, P & E Mining Consultants. As we spend more time modelling the geology at West Cache, the blue-sky potential is tremendous,\" comments R. David Russell CEO and President of Galleon Gold.Figures and TablesFigure 1 provides a cross-sectional view of five newly reported Zone #9 intervals, while Figure 2 shows a plan view of the 2020 Zone # 9 drill hole collar locations. The Figure 3 plan map indicates holes announced in this press release, while also providing planned hole locations. Figure 4 illustrates the dip orientation of the Zone #9 ore shoot in relation to previously modelled pit shapes. Table #1 summarizes assay and drill hole information. A full copy of the assays and drill hole statistics, from the current drill program, is available on the Company's website.Figure 1To view an enhanced version of Fi...