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Golden Rapture Mining Commences Phase 2 Drill Program Based on Successful Phase 1 Drilling Results as High as 285.00 g/t Au
Edmonton, Alberta – TheNewswire — September 16, 2024 – Newly listed Golden Rapture Mining Corporation (CSE- GLDR) ("Golden Rapture" or "the Company") is pleased
About this update from Golden Rapture Mining Corporation
[{"type":"text","content":"Edmonton, Alberta – TheNewswire — September 16, 2024 – Newly listed Golden Rapture Mining Corporation (CSE- GLDR) (\"Golden Rapture\" or \"the Company\") is pleased to announce that the company has commenced a phase II diamond drilling program at its flagship 10,000-acre Tier 1 Phillips Township Gold Property located in the Rainy River District, Nestor Falls, NW Ontario. Our small 500-meter Phase 1 exploratory program involved drilling 18 shallow drill holes with an average depth of approximately 90 ft using a small portable diamond drill. We are pleased to have successfully discovered a series of vertical veins at shallow depths that we believe could have played an important role in the gold deposition in this area known for originally only hosting a large flat-lying quartz structure around the old Combined Mine shafts. Phase 1 Summary announced on September 05, 2024 included Highlights of 114.96 g/t Au across 2.55 meters (4.05 oz/t gold over 8.4 ft) and 111.16 g/t Au across 1.50 meters (3.9 oz/t gold over 4.9 ft). Hole No. Dip From (m) To (m) Interval (m) Au g/t Results GRM24-09 66° 25.50 26.00 0.50 m 8.62 g/t GRM24-10 66° 13.50 14.50 1.00 m 8.90 g/t Including 14.00 14.50 0.50 m 14.20 g/t GRM24-11 66° 17.00 19.00 2.00 m 4.79 g/t Including 18.00 19.00 1.00 m 7.61 g/t GRM24-12 66° 22.75 25.30 2.55 m 114.96 g/t Including 22.75 23.25 0.50 m 285.00 g/t GRM24-12A 45° 5.75 6.30 0.55 m 55.04 g/t GRM24-14 45° 6.50 7.50 1.00 m 3.73 g/t GRM24-16 45° 6.00 6.50 0.50 m 1.10 g/t GRM24-17 45° 6.50 8.00 1.50 m 111.16 g/t Including 6.50 7.00 0.50 m 252.00 g/t GRM24-18 45° 12.00 13.00 1.00 m 8.09 g/t Including 12.00 12.50 0.50 m 13.90 g/t Table 1: Phase 1 Summary of Results Mr. Richard Rivet, CEO of Golden Rapture, commented: “This will be our second drill program since becoming listed on the CSE on March 12, 2024. Our team is extremely pleased to have discovered near-surface high-grade gold in what we believe could be vertical feeder zones in the area of our Combined Mine. We excitingly look forward to this Phase 2 follow-up drilling of these series of high-grade vertical veins that are open in all directions as they could get wider and richer at depth as is typical in the area.” Our land package totals 236 claim cells for approx. 10,000+ acres and is located near the New Gold Rainy River Gold Mine...