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Gaia Metals Samples 5.7 g/t Gold and 49 g/t Silver in New Outcrop Discovery at the Freeman Creek Gold Property, Idaho, USA
Vancouver, British Columbia--(Newsfile Corp. - January 7, 2021) - Gaia Metals Corp. ( TSX...
About this update from Germanium Mining Corp.
[{"type":"text","content":"Gaia Metals Samples 5.7 g/t Gold and 49 g/t Silver in New Outcrop Discovery at the Freeman Creek Gold Property, Idaho, USAVancouver, British Columbia--(Newsfile Corp. - January 7, 2021) - Gaia Metals Corp. (TSXV: GMC) (OTCQB: RGDCF) (FSE: R9G) (the \"Company\") is pleased to announce a new high-grade gold-silver discovery in outcrop at the Gold Dyke Prospect, Freeman Creek Gold Property. Samples were collected during construction of drill site access trails for the Company's recently completed maiden drill program (see news released dated November 12th, 2020).The discovery was made during construction of drill site access, exposing mineralized outcrop. A total of 33 surface rock samples were collected, with a peak value of 5.7 g/t Au and 49 g/t Ag and a total of 17 returning >0.1 g/t Au from an oxidized and quartz veined silicified metasediment located north and east of the recently completed drilling. The orientation and extent of the mineralization is not known. The discovery is significant as it highlights a new area of interest not previously recognized. The outcrop is located approximately 50 m east of the documented historical drilling and more than 100 m from the nearest 2020 drill hole (see Figure 1). This northeastern area of the Gold Dyke Prospect has seen relatively little exploration attention when compared to the areas to the west and south. Follow-up surface exploration of the discovery is planned for the spring/summer of 2021. President & Director Blair Way commented; \"These results are very encouraging as they have expanded our understanding of the area and opened up the prospect in a new direction. This provides us with additional data for defining our spring drill program.\"The Company recently completed a reconnaissance maiden drill program at the Gold Dyke Prospect consisting of four (4) diamond drill holes, totalling of 457 m (see news released dated November 12th, 2020). Drill core sample analysis was delayed due to COVID-19 and the Christmas holiday period; however, the Company anticipates all results to be received and announced shortly. Collectively, the 2020 surface sampling at Gold Dyke has outlined a prospective area considerably larger than previously recognized and includes numerous sample assays ranging from 0.5 to 10.9 g/t Au and 1 to 292 g/t Ag (+/- Cu). Mineralization at Gold Dyke is hos...