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Golden Ridge Continues to Confirm Robust Mineralization at the Williams Gold Property with Intercepts of 24.65 Meters of 2.22 g/t Au Including 0.65 Meters of 77.40 g/t
(TheNewswire) Kelowna, British Columbia – TheNewswire - April 2, 2024 - Gold...
About this update from Golden Ridge Resources Ltd.
[{"type":"text","content":"Golden Ridge Continues to Confirm Robust Mineralization at the Williams Gold Property with Intercepts of 24.65 Meters of 2.22 g/t Au Including 0.65 Meters of 77.40 g/t\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Kelowna, British Columbia –\n \n \n TheNewswire -\n \n \n April 2, 2024 - Golden Ridge Resources Ltd.\n(“Golden Ridge” or “the Company”) (TSXV: GLDN)\n \n is\npleased to announce the final assay results from the 2023 Phase II\ndrilling campaign at the Williams Gold Property (“Williams” or\n“the Property”) within the Appleton and Dog Bay Fault Corridors\n(Figure 1). Golden Ridge has continued to generate encouraging results\nat the Property with recent assays recording mineralization up to\n24.65 meters grading 2.22 g/t Au. The Williams Project is surrounded\nby New Found Gold Corp (NFGC)’s Queensway Gold Property where NFGC\nis currently undertaking a 650,000 meter drill program (Figure\n2).\n \n 1\n \n \n \n \n Highlights\n \n \n \n \n \n WIL-23-54 intersected 24.65 meters of 2.22 g/t Au from 78.50 meters:\nincluding 0.65 meters of 77.40 g/t Au from 101.90 meters (Table 1).\n \n \n \n \n WIL-23-51 intersected 12.30 meters of 0.67 g/t Au from 21.90 meters:\nincluding 5.45 meters of 1.00 g/t Au from 22.55 meters (Table 1).\n \n \n \n \n WIL-23-70 intersected 22.60 meters of 0.46 g/t Au from 58.40 meters:\nincluding 5.50 meters of 1.10 g/t Au from 71.40 meters (Table 1).\n \n \n \n \n In-fill drilling between the Cabin Zone and Cabin Zone Extension has\nestablished continuity of Au-mineralization between these prospects\nincreasing the strike length by 200 meters to 1,300 meters.\n \n \n \n \n Drilling at the Blue Jay Zone reveals a potential 550-meter strike\nlength of Au-mineralization.\n \n \n \n \n “The Williams Gold Property continues to deliver multiple zones of\nbroad gold mineralization and pervasive alteration.  The 2023 drill\nprogram has increased grades, width, and strike length of both the\nGray Jay Zone and Cabin Zone Extension.  Assays continue to validate\nthe more robust alteration and veining in the 41 holes of Phase II. An\nincreased focus on second order structures is the next step to\ncontinue the evolution of the project. The Williams Gold Property is\nan important piece in the Appleton F...