Business
Golden Ridge Resources Commences Drilling at the Williams Gold Property
(TheNewswire) Kelowna, British Columbia – TheNewswire - September 14, ...
About this update from Golden Ridge Resources Ltd.
[{"type":"text","content":"Golden Ridge Resources Commences Drilling at the Williams Gold Property\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 September 14, 2022 - Golden Ridge Resources\nLtd. (“Golden Ridge” or “the Company”) (TSXV:GLDN)\n \n \n (OTC:GORIF)\n \n is pleased\nto announce commencement of a 5,000m drilling program at the Williams\nGold Property (“Williams” or “the Property”), that is\nsurrounded by New Found Gold Corp (NFGC)’s Queensway South Gold\nProperty in the Central Newfoundland Gold Belt of the province of\nNewfoundland and Labrador (Figure 1).\n \n 1\n \n The maiden diamond-drilling\nprogram at Williams is focused on robust gold anomalies in soil and in\ntrenches in the south and central portions of the property.\n Extensive prospecting, high-density soil sampling, and trenching\nwere conducted during the 2021 and 2022 field seasons and highlighted\nstrong anomalies within the Appleton and Dog Bay Fault Corridors.\n High-density soil sampling conducted in 2022 successfully extended\nsoil anomalies identified during the 2021 field program, as well as\ndetecting potential parallel mineralized zones.\n \n \n \n High-Tenor Gold-in-Soil Anomalies\nExtended\n \n \n \n Golden Ridge successfully extended gold-in-soil anomalies within the\nAppleton Fault Corridor in the southern portion of the Williams Gold\nProperty. Golden Ridge has highlighted multiple large soil anomalies\nwith Au values up to 1,503 ppb (see October 26, 2020 & March\n10,2022; Figure 2).  Golden Ridge has taken an additional 623 soil\nsamples in 2022 and will continue to utilize this method as targets\ndevelop.\n \n \n “After several years of systematic greenfield exploration, the\nanomalies identified within the dataset that we have put together at\nWilliams are very compelling and suggest the potential for significant\ngold mineralization. We are very excited to test the strong\ngold-in-soil anomalies along the Appleton Fault Corridor with our\nmaiden drill program on the Williams Property. Significantly improved\nassay lab turnaround times in 2022 will improve Golden Ridge’s\nability to conduct methodical and dynamic exploration not only at\nWilliams but across the island.”, st...