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Golden Ridge Continues to Intersect Broad Intervals of Cu-Au Mineralization at Williams; Intersects 278 Metres grading 0.35% Cu, 0.28g/t Au, 1.71 g/t Ag (0.55% CuEq1), Within 380.5 Metres of 0.28% Cu, 0.22 g/t Au, 1.43 g/t Ag in HNK-WZ-19-01
(via TheNewswire) Kelowna, BC - TheNewswire - July 22, 2019 - GOLDEN RIDGE RESO...
About this update from Golden Ridge Resources Ltd.
[{"type":"text","content":"Golden Ridge Continues to Intersect Broad Intervals of Cu-Au Mineralization at Williams; Intersects 278 Metres grading 0.35% Cu, 0.28g/t Au, 1.71 g/t Ag (0.55% CuEq1), Within 380.5 Metres of 0.28% Cu, 0.22 g/t Au, 1.43 g/t Ag in HNK-WZ-19-01(via TheNewswire)\n \n \nKelowna, BC - TheNewswire - July 22, 2019 - GOLDEN RIDGE RESOURCES LTD. (TSXV:GLDN) (OTC:GORIF) (\"Golden Ridge\" or the \"Company\") is pleased to report the assay results for the first 2019 hole drilled on the Company's Hank Property (\"Hank\" or the \"Property\"), located in BC's Golden Triangle. HNK-WZ-19-01 was a designed step out 65m north of previously announced 2018 drill hole HNK-18-013 (see NR: November 28th, 2018). HNK-WZ-19-01 intersected similar geology and mineralization to HNK-18-013, with 278 meters of potassic altered monzonite and Stuhini volcanic rocks grading 0.35% Cu, 0.28g/t Au and 1.71g/t Ag (0.55% CuEq1), within 380.5 meters of 0.28% Cu, 0.22g/t Au and 1.43g/t Ag (0.44 CuEq1). A drilling plan view map (Figure 1) is presented below and have also been posted to the Company's website. A total of 2892.5m of drilling has been completed on the Property so far in 2019, with assay results pending on the remaining holes.\n\n \n \nHighlights\n\n \n \n\n\n- 0.28% Cu, 0.22g/t Au and 1.43 g/t Ag (0.44% CuEq1) over 380.5 metres, from 233.0 to 613.5 metres in hole HNK-WZ-19-01\n\n\n\n\n\n- 0.35% Cu, 0.28 g/t Au and 1.71 g/t Ag (0.55% CuEq1) over 278.0m metres, from 257.0 to 535.0 metres\n\n\n\n\n\n- Represents first hole drilled north of the approximately 300-meter Williams Zone magnetic anomaly which has intersected potassic altered monzonite and Stuhini volcanic rocks below quartz-sericite-pyrite altered cover rocks. \n\n\n\n \n \nTable 1 -HNK-WZ-19-01 Assay Results\n\n \n\nLength (m)\nDip (deg)\n\n\n\n\nHole ID\n\n\n\n\nFrom (m)\n\n\n\n\nTo (m)\n\n\n\n\nInterval (m)2\n\n\n\n\nCu (%)\n\n\n\n\nAu (g/t)\n\n\n\n\nAg (g/t)\n\n\n\n\nCuEq1 (%)\n\n\n\n\n568.45\n-60o\n\n\n\n\nHNK-WZ-19-01\n\n\n\n\n233.0\n\n\n\n\n613.5\n\n\n\n\n380.5\n\n\n\n\n0.28\n\n\n\n\n0.22\n\n\n\n\n1.43\n\n\n\n\n0.44\n\n\n\n\nincluding\n\n\n\n\n257.0\n\n\n\n\n535.0\n\n\n\n\n278.0\n\n\n\n\n0.35\n\n\n\n\n0.28\n\n\n\n\n1.71\n\n\n\n\n0.55\n\n\n\n\nincluding\n\n\n\n\n404.0\n\n\n\n\n457.0\n\n\n\n\n53.0\n\n\n\n\n0.42\n\n\n\n\n0.46\n\n\n\n\n2.73\n\n\n\n\n0.75\n\n\n\n \n\n\n1Copper equivalent (CuEq) gra...