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Golden Shield Resources Drills 50 Metres Grading 9.10 G/t Gold At Mazoa Hill, Marudi
50 metres grading 9.10 g/t gold confirms high-grade, continuous mineralization at Mazoa Hill Mazoa Hill is one of eight prospects identified so far at the Marud
About this update from Golden Shield Resources Inc.
[{"type":"text","content":" 50 metres grading 9.10 g/t gold confirms high-grade, continuous mineralization at Mazoa Hill Mazoa Hill is one of eight prospects identified so far at the Marudi project Drill results from second prospect, Toucan Creek, are pending Drilling to recommence in late March, 2022 VANCOUVER, BC, March 14, 2022 /CNW/ - Golden Shield Resources Inc. (CSE: GSRI) (the \"Company\" or \"Golden Shield\") is pleased to announce the drill results from the final four holes of a seven-hole program at the Mazoa Hill, one of eight prospects at the Company's flagship, 5,457-hectare, Marudi Mountain gold project located in the Rupununi District of southwestern Guyana (the \"Marudi Project\"). Results from an additional six holes drilled at the Toucan Creek prospect are pending. The 13 holes drilled at both prospects comprise the Company's phase one, 2,364 metre, 13-hole diamond drilling campaign at the Marudi Project. MAZOA HILL RESULTS The seven drill holes drilled at Mazoa Hill were designed to extend mineralization beyond the extents of the historical resource and confirm the historical resource The Company's new interpretation of mineralisation controls will be used to guide future exploration. Results from the first three holes were released on March 7, 2022, and results from the current four holes are summarised in Table 1. These comprise the balance of the phase one drill program at Mazoa Hill. Table 1 - Mazoa Hill drill hole intersections Hole Number Azimuth / Dip End of hole (m) From (m) To (m) Length (m)* Gold (g/t) MH-21-04 060 / -63 265 142.5 192.5 50 9.1 incl. 142.5 159.5 17 14.8 and 162.5 173.5 11 9.57 and 177.5 180.5 3 13.26 and 187.5 192.5 5 10.43 215 227 12 5.47 MH-21-05 060 / -75 225 No intervals above 0.5 g/t gold MH-21-06 060 /-65 204 147.5 148.5 1 2.44 150.5 151.5 1 4.79 157.5 158.5 1 32.29 165.5 175.5 10 4.16 MH-21-07 050 / -50 186 139 140 1 2.34 145 150 5 8.79 *Lengths are drill indicated core length, as insufficient drilling has been undertaken to determine true widths at this time. The highest assay used for weighted average grade is 53.12g/t gold and top-cutting is not deemed to be necessary. Average widths are calculated using a 0.50 g/t gold cut-off grade with less than 5m of internal dilution below cut-off grade. Sample lengths are 1m unless reduced below this to respect geological contacts. Ho...