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Golden Ridge Continues to Drill Near Surface Silver and Gold Mineralization at the Heritage Project; Hole HE-EZ-20-05 Intersects 24.20 Metres of 122.67 g/t AgEq
(TheNewswire) Kelowna, British Columbia - TheNewswire - January 19, 2...
About this update from Golden Ridge Resources Ltd.
[{"type":"text","content":"Golden Ridge Continues to Drill Near Surface Silver and Gold Mineralization at the Heritage Project; Hole HE-EZ-20-05 Intersects 24.20 Metres of 122.67 g/t AgEq \n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n Kelowna, British Columbia -\n \n \n TheNewswire -\n \n \n January 19, 2021 - Golden Ridge Resources\nLtd. (“Golden Ridge” or the “Company”) (TSXV:GLDN\n \n \n ) (OTC:GORIF)\n \n is very pleased to\nannounce results from holes HE-EZ-20-03 to HE-EZ-20-6 at the Eagle\nZone, drilled as part of the Company’s ongoing 5,000 metre\ndiamond-drill program at the Heritage epithermal Ag-Au project,\nlocated along Highway 220, near Point May, Newfoundland and Labrador.\nHoles HE-EZ-20-03 to HE-EZ-20-06 were designed to extend epithermal\nAg-Au mineralization at the Eagle Zone, along strike and at depth. All\nfour holes hit significant intersections of epithermal veining,\nalteration, ginguro textures and Ag-Au mineralization.  Drilling thus\nfar at the Eagle Zone has delineated a robust epithermal system of\ncontinuous Ag-Au mineralization at least 750 meters in length, 50\nmeters in width and 250 meters in depth.  The central core of the\nEagle zone contains bonanza-grade Ag-Au veining which may represent\none of several discrete boiling zones within the system.\n \n \n Holes HE-EZ-20-03 to HE-EZ-20-06 were drilled approximately 280 meters\nnortheast of Hole HE-EZ-20-02 (see GLDN press release dated December\n2, 2020). A drilling plan view map (Figure 1) and cross-sections\n(Figures 2 & 3) are presented below and have also been posted to\nthe Company’s website.\n \n \n \n Highlights\n \n \n \n \n \n \n --\n \n \n HE-EZ-20-05 shows lateral continuity with\nthe high-grade Ag-Au mineralization within the central part of the\nEagle Zone, including multiple intervals of robust epithermal\nboiling-zone alteration and mineralization.\n \n \n \n \n \n \n --\n \n \n Holes HE-EZ-20-03 to HE-EZ-20-06\nsuccessfully extended one of the high-grade Ag-Au boiling zones within\nthe central part of the Eagle Zone, laterally and to 200 meters true\nvertical depth.\n \n \n \n \n \n \n --\n \n \n Drilling continues to intersect\nepithermal-style alteration and mineralization at depth within the\nEagle Zone, where historic drilling was focused on depths of less than\n~100 meters.\n \n \n \n \n \n \n -...