Business
Golden Sky Minerals drills 1.34 g/t Au over 71.6 meters in discovery drill hole at Hotspot Property, Yukon Territory
VANCOUVER, British Columbia, Dec. 10, 2020 (GLOBE NEWSWIRE) -- Golden Sky Minerals Corp. (AUEN.V) is pleased to announce results from the inaugural 2020 reverse
About this update from Golden Sky Minerals Corp.
[{"type":"text","content":" VANCOUVER, British Columbia, Dec. 10, 2020 (GLOBE NEWSWIRE) -- Golden Sky Minerals Corp. (AUEN.V) is pleased to announce results from the inaugural 2020 reverse circulation (RC) drill program at its 100%-owned Hotspot property in the Yukon Territory (see Table 1 for results and Table 2 for collar information). Six reverse circulation (RC) holes totalling 568.45m were drilled at the Sure Bet zone. All six holes returned significant near-surface gold (Au) bearing intervals. This first pass, shallow-hole drill campaign tested only a 200-metre strike length of the Sure Bet zone which is a 1.7-kilometre-long mineralized structure. An extensive follow-up diamond drill program has been recommended to test the zone at depth and along strike. The Hotspot property is a 46.4 km2 land package that contains numerous high priority drill targets that will be evaluated in 2021. Table 1: Assay results from the 2020 Hotspot RC drill program Hole ID From (m) To (m) Length (m) Au (g/t) HSRC-20-01 32.00 96.01 64.01 0.22 including HSRC-20-01 32.00 80.77 48.77 0.26 including HSRC-20-01 38.10 44.20 6.10 1.13 HSRC-20-02* 4.57 76.20 71.63 1.34 including HSRC-20-02 33.53 39.62 6.09 7.72 including HSRC-20-02 33.53 35.05 1.52 20.90 Table 1 (continued): Hole ID From (m) To (m) Length (m) Au (g/t) HSRC-20-03 3.05 27.43 24.38 0.16 HSRC-20-03 35.05 42.67 7.62 0.26 HSRC-20-03 60.96 100.58 39.62 0.39 including HSRC-20-03 67.06 86.87 19.81 0.62 including HSRC-20-03 82.30 86.87 4.57 1.03 HSRC-20-04 9.14 60.96 51.82 0.14 including HSRC-20-04 9.14 24.38 15.24 0.21 HSRC-20-05 4.57 7.62 3.05 0.84 HSRC-20-05 73.15 91.44 18.29 0.37 including HSRC-20-05 77.72 88.39 10.67 0.50 HSRC-20-06 3.05 86.87 83.82 0.40 including HSRC-20-06 10.67 25.91 15.24 0.64 HSRC-20-06 62.48 86.87 24.38 0.48 including HSRC-20-06 62.48 73.15 10.67 0.61 *Of specific note is the exclusion of high-grade overburden intersected in HSRC-20-02. An assay of 17.82 g/t Au over 3.05m was returned from 1.52m to 4.57m, which comprised a mix of strong gold-bearing overburden and bedrock. The source of the high-grade gold values in overburden is undetermined, but warrants follow-up exploration. Table 2: ...