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Golden Pursuit Resources Announces Completion of Geological Mapping and Soil Sampling Program at Its 100% Owned Gordon Lake Property
VANCOUVER, BC / ACCESSWIRE / August 16, 2023 / Golden Pursuit Resources (" Golden Pursuit " or t...
About this update from Golden Pursuit Resources Ltd.
[{"type":"text","content":"Golden Pursuit Resources Announces Completion of Geological Mapping and Soil Sampling Program at Its 100% Owned Gordon Lake PropertyVANCOUVER, BC / ACCESSWIRE / August 16, 2023 / Golden Pursuit Resources (\"Golden Pursuit\" or the \"Company\") (TSXV:GDP) is pleased to announce the completion of the 2023 geological mapping and soil sampling program at the Gordon Lake Property (the \"Property\"), located in the Northwest Territories, Canada. The Property is located approximately 80 km northeast of Yellowknife and is bisected by a seasonal winter road.Past exploration in the Gordon Lake area has resulted in the discovery of relatively high grade gold veins within turbidites such as the saddle vein exploited by the past-producing Camlaren Mine. The focus of the recent program was to document mineralization within quartz stockwork and quartz breccia zones that may be amenable to surface mining.Over the course of twenty (20) days, between July 6th to July 25th, 2023, Dahrouge Geological Consulting, on behalf of the Company, completed a geological mapping and soil sampling program primarily in the Kidney Pond and Lynk areas (Figure 1). These two areas have a long history of exploration, including trenching, diamond drilling, and underground exploration at Kidney Pond. Much of this work was accompanied by rock sampling and an extensive data set of rock gold values has been compiled. However, the location of much of the historical work was poorly constrained.During the 2023 field program, bedrock geological mapping was undertaken in areas of known mineralization to provide additional data for a potential drilling program and to better understand the nature of the gold mineralization. The host rocks consist of a thick succession of Archean Burwash Formation turbitides within the Yellowknife Supergroup and gold is contained within quartz stringers, stockworks and breccias. At several locations there appears to be a general correlation between mineralization and relatively small-scale folds that are interpreted to have formed near the end of deformation. During the course of this work an emphasis was placed on mapping trench locations and drill hole collars in order to accurately position exploration data obtained during previous programs.The Lynk area contains of four named occurrences (Wooferine, T-15, T-11 and T-32) and several unnamed a...