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92 Resources Corp. Announces Amendment to Existing FCI Option Agreement with Osisko Mining for an Additional 83 claims, and Includes a Drill Intercept of 10.5 g/t Au over 7 m at the Golden Gap Prospect
VANCOUVER, BC / ACCESSWIRE / April 24, 2019 / 92 Resources Corp. (the "Company") (TSX-V: NT...
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[{"type":"text","content":"92 Resources Corp. Announces Amendment to Existing FCI Option Agreement with Osisko Mining for an Additional 83 claims, and Includes a Drill Intercept of 10.5 g/t Au over 7 m at the Golden Gap ProspectVANCOUVER, BC / ACCESSWIRE / April 24, 2019 / 92 Resources Corp. (the \"Company\") (TSX-V: NTY) (OTCQB: RGDCF) (FSE: R9G2) announces an amendment the terms of the September 2018 Option Agreement (the \"Agreement\") with Osisko Mining Inc. (\"Osisko\") for the eastern FCI Property (\"FCI East\") to include an additional 83 claims (4,253 hectares) herein referred to as \"FCI West\". The Company now holds three contiguous claim blocks: FCI West, FCI East, and Corvette, collectively referred to as the \"Corvette-FCI Property\" and extending for more than 25 km along the Lac Guyer Greenstone Belt within the James Bay Region of Quebec. Situated approximately 10 km south of the all-season Trans-Taiga Road and powerline, the FCI West block is adjacent to the south of Midland Exploration's Mythril Property (TSX-V: MD) and immediately east of Azimut Exploration's Pikwa Property (TSX-V: AZM). See map at the link below:https://92resources.com/wp-content/uploads/2019/04/fcinr.jpg The Amended Agreement retains the same Option terms as originally disclosed for FCI East (see news release dated September 4th, 2018); however, now includes an additional 83 claims which comprise the FCI West claim block. Therefore, the Company now holds the Option to acquire up to a 75% interest over Osisko's entire FCI Property (FCI West - 83 claims, and FCI East – 28 claims).The Company believes the Corvette-FCI Property to have considerable potential for gold-polymetallic mineralization similar to that recently discovered on the adjacent Mythril Property held by Midland Exploration Inc.Exploration highlights at FCI West include: Parallel east-west elongate trends of gold and copper mineralization over 10 km in length The Golden Gap Prospect (northern trend) with historical results including, from 3.1 to 108.9 g/t Au in outcrop 10.5 g/t Au over 7 m in drill hole FCI-07-03 14.5 g/t Au over 2 m in channel sample The Tyrone-T9 (Copper) Prospect (southern trend) includes 1.15% Cu over 2.1 m in channel sampleThe FCI West block hosts a documented sixteen (16) base and precious metal showings (SIGEOM), which highlight parallel gold and copper dominated exploration t...