Business
Golden Rapture Mining Receives near Surface Drill Results as High as 285.00 g/t Au or (10.05 oz/t Gold)
Edmonton, Alberta--(Newsfile Corp. - September 5, 2024) - Newly listed Golden Rapture Mining Corporation (CSE: GLDR) ("Golden Rapture" or "the Company") is plea
About this update from Golden Rapture Mining Corporation
[{"type":"text","content":" Edmonton, Alberta--(Newsfile Corp. - September 5, 2024) - Newly listed Golden Rapture Mining Corporation (CSE: GLDR) (\"Golden Rapture\" or \"the Company\") is pleased to announce high-grade near-surface drill results at its 10,000-acre Tier 1 Phillips Township Gold Property located in the Rainy River District, Nestor Falls, NW Ontario. Our small 500-metre 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. Highlights included 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). Mr. Richard Rivet, CEO of Golden Rapture, commented: \"This is our first drilling 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. These newly discovered veins and results have given us a positive outlook about the future of our company as we now have a series of high-grade vertical veins to further explore instead of just a large flat-lying quartz structure. We are also very fortunate that we were able to rent a portable diamond drill giving us a low cost of drilling, and the ability to drill at our own pace and time. We excitingly look forward to additional 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.\" Highlight intervals are summarized below. Additional full results are provided in Table 2. Hole No. Dip From (m) To (m) Interval (m) Au g/t Results 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 GRM24-17 45° 6.50 8.00 1.50 m 111.16 g/t Including 6.50 7.00 0.50 m 252.00 g/t Included are pictures of our highest-grade quartz veins Figure 1 Figure 2 Figure 3 Our land package totals 236 claim cells for approx. 10,000+ acres and is located near the New Gold Rainy River Gold Mine located just 30 kms aw...