Business
Golden Ridge Resources Begins Drill Program at Hank
(via TheNewswire) June 14, 2019 / TheNewswire / Kelowna, British Columbia - Gol...
About this update from Golden Ridge Resources Ltd.
[{"type":"text","content":"Golden Ridge Resources Begins Drill Program at Hank(via TheNewswire)\n \n \nJune 14, 2019 / TheNewswire / Kelowna, British Columbia - Golden Ridge Resources Ltd. (TSX-V: GLDN) (\"Golden Ridge\" or the \"Company\") is pleased to announce that crews have been mobilized, and drilling has commenced at it's 100% owned Hank Project (\"Hank\" or the \"Property\"), located in BC's prolific Golden Triangle. Details about the 2019 program can be found in a Company news release dated May 23, 2019. The first hole of the program is designed to test the northeast extension of the Williams Zone beyond HNK-18-013 which returned 318.73m* of 0.42g/t Au, 0.34% Cu, and 2.20g/t Ag. Drill pad construction for HNK-19-002 and HNK19-003 in the Boiling Zone, and HNK-19-004 and HNK-19-005 in the Creek Zone has begun and is expected to be completed within the week. \n\n\n \nProgram Highlights:\n\n\n \n\n\n- 2019 drilling will focus on expanding upon two drilling discoveries made by the Company during the 2018 campaign at the Williams (HNK-18-013: 318.73m* of 0.42g/t Au, 0.34% Cu, and 2.20g/t Ag) and Boiling (HNK-18-010: 20.00m* of 11.63g/t Au and 13.8g/t Ag) Zones.\n\n\n\n- The 2019 campaign will utilize a Zinex A5 heli-portable drill rig with drilling capabilities down to 1325m (NQ), allowing the Company to test the Williams Zone at far greater depths then possible during the 2018 campaign.\n\n\n\n- Golden Ridge will be operating from the Company's exploration camp located on Highway 37, within 15 kilometres of the project, allowing for low-cost highway access and minimal flight times during the 2019 campaign. \n\n\n\n\n \nMike Blady, C.E.O, president, and Director of Golden Ridge, commented: \"We are very excited to be commencing our field season nearly a month earlier than last year. A low snowpack and early spring will allow us to aggressively test and build out on our two new drilling discoveries from last year. 2019 will be a defining year for our Company as we continue to unlock the potential of the Hank project.\"\n\n\n \n*The intervals reported represent drill intercepts and insufficient data are available at this time to state the true thickness of the mineralized intervals. All gold values are uncut.\n\n\n \nQualified Person \n\n \n \nWilliam Yeomans, P.Geo., technical advisor to the Company, is the Qualified Person as defined by National Instru...