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Gander Gold Discovers Significant Gold System at Lizard Pond Claims - Gander South Project
VANCOUVER, BC / ACCESSWIRE / November 30, 2023 / Gander Gold Corp. ("Gander" or the "Company") (CSE:GAND) (OTCQB:GANDF), is pleased to announce that its recentl
About this update from Gander Gold Corp.
[{"type":"text","content":" VANCOUVER, BC / ACCESSWIRE / November 30, 2023 / Gander Gold Corp. (\"Gander\" or the \"Company\") (CSE:GAND) (OTCQB:GANDF), is pleased to announce that its recently-completed Rotary Air Blast (RAB) drill program at its Lizard Pond claims, part of the larger Gander South Project, has identified significant gold bearing mineralization across all 65 meters of each of the three RAB drill holes at Lizard Pond. Highlights: 3 RAB drill holes, totaling 196.5 meters drilled (65.5 meters per hole), contained anomalous to very anomalous gold mineralization throughout the entire length of all three holes, starting at surface; Significant individual gold intercepts over wide intervals were identified in all three drill holes (see Table 1) and all three holes finished in mineralization; Hole LZPRAB23-002 intersected 1.06 g/t Au over 13.7 meters starting at surface; Hole LZPRAB23-003 intersected 1.48 g/t Au over 3.0 meters starting at surface. The gold mineralization intersected in all three RAB drillholes is hosted within lithology that is consistent with rocks that define the Gander Belt - Dog Bay Line, which defines the western boundary of the Appleton Fault System. The Appleton Fault System has gained prominence as host to the tremendous gold mineralization defined by neighboring Newfound Gold. Newfound Gold's Queensway project is immediately adjacent to the eastern and southern boundary of Gander's Lizard Pond property. The gold mineralization occurring immediately from surface in drillhole LZPRAB23-002 and LZPRAB23-003 correlates directly with upper percentile values generated from soil geochemistry and prospecting rock geochemistry results in the immediate area of both drillholes. The continuous elevated gold mineralization in LZPRAB23-001 (341ppb Au / 24.4m) starting at 0.0m correlates with several prospecting rock geochemistry results in the immediate area (result that range from 0.073 g/t Au - 1.04 g/t Au). Several upper percentile soil geochemistry anomalies remain untested at the LZP property. All data collected thus far at the LZP property suggests a significant gold system occurring within the property area. Gander Gold President and CEO, Mr. Mark Scott, commented, \"Gander Gold is very pleased to announce these significant gold intercepts in each of the three RAB drillholes at Lizard Pond. All three drillholes were consistentl...