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Golden Pursuit Completes Program in Preparation for Winter Drilling at Gordon Lake, Northwest Territories
(TheNewswire) TheNewswire - October 19, 2021 - Golden Pursuit Resources Ltd. (TSX...
About this update from Golden Pursuit Resources Ltd.
[{"type":"text","content":"Golden Pursuit Completes Program in Preparation for Winter Drilling at Gordon Lake, Northwest Territories\n \n \n (TheNewswire)\n \n \n \n TheNewswire - October 19, 2021 -\n \n \n Golden Pursuit Resources Ltd. (TSXV:GDP)\n \n \n (OTC:FPVTF)\n \n \n is pleased to\nannounce that it\n \n \n just completed a 3-week\ngeological mapping and sampling program at their South Gordon Lake\nProperty in the Northwest Territories. Work was completed by Aurora\nGeosciences Ltd under the direction of Gary Vivian, P.Geo and with the\nassistance of Dr. Tim Stokes, PhD. The results of this program\nare:\n \n \n \n \n \n \n 1.\n \n \n This program was successful\nin verifying two gold exploration models that need to be tested. The\nmost prominent historical exploration model comprises Coarse Vein Gold\n(CVG) in\n \n \n \n \n turbidites\n \n \n , which has been documented\nin multiple mineralized zones. The second model indicates that\nperipheral to these CVG systems, quartz breccias within black\nsiltstone (carbonaceous) units exist. The recently completed program\nhas confirmed that many of the historical areas do contain quartz\nbreccias.\n \n \n \n \n \n \n 2.\n \n \n These quartz breccia systems\nhost the majority of the resource at Kidney Pond. While the quartz\nbreccia zones can be narrow (less than 5 centimeters) historical drill\nintersections at Kidney Pond have returned assay values of 65.92 g/t\nAu over 4.54 meters, while the largest intersection returned 4.36 g/t\nAu over 44.7 meters. Many other intersections vary between 4.05 g/t Au\nover 18.412 meters and 2.184 g/t Au over 33.83 meters along with many\nhigh-grade smaller intersections up to 419 g/t Au. These values need\nto be confirmed with confirmation drill testing.\n \n \n \n \n \n \n 3.\n \n \n The turbidites in the\nsouth-central portion of Gordon Lake host a prominent refold\nstructure. This refold structure is considered an important feature in\nthe formation of the\n \n \n \n \n quartz breccia zones\n \n \n within the black\nsiltstone horizons at Kidney Pond. The recent program documented that\nmany of the black siltstone hosted quartz breccias are softer and are\nlocated in low-lying pond covered areas and swamps. This is most\nlikely due to the effect of glaciation scouring these softer\nlithologies forming topographical depressions. The black siltstones\nappear to contain ...