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Goldflare Expands the Goldfields Zone
HIGHLIGHTS Drill program completed: 4 holes totalling 1 452 meters, collared 700 metres ...
About this update from Goldflare Exploration Inc
[{"type":"text","content":"Goldflare Expands the Goldfields ZoneHIGHLIGHTSDrill program completed: 4 holes totalling 1 452 meters, collared 700 metres west of the Fayolle depositTop 2023 intersections:1.3 g/t over 22.8m in hole AIG-32-26High grade interval of 113 g/t over 1m in hole AIG-23-132025 discovery: New gold bearing intrusions over 40 metres, similar to known Porcupine-Destor gold systemsLateral and depth expansion: 39 m of fractured/mineralized intrusion grading 0.34 g/t Au over 9.4 m (hole AIG-25-29) PIEDMONT, QC / ACCESS Newswire / June 9, 2025 / Goldflare Exploration inc. (TSXV:GOFL) (« Goldflare » or « the Society ») is pleased to announce new results on the Goldfields property, having completed a 4 holes drill program for 1452 metres.The Goldfields mineralization is now open along strike with the interception over close to 40 metres, starting at 242.8m, a fractured and mineralized intrusion. A series of strongly anomalous grades were encountered including 0.34 g/t gold over 9.4m (see details below).Since 2020, Goldflare integrates drilling data and geophysical surveys to generate a reliable exploration model. Gold results obtained so over a 100 metres strike length confirmed the gold potential of such structures. It includes 1.3 g/t gold over 22.8 metres including an enriched interval of 5.8 g/t gold over 2.4 m in hole AIG-23-26 starting at 125.35m depth. Also, a high grade of 113 g/t over 1m was obtained in hole AIG-23-13 along the same structure (see press release May 31st, 2023).President and CEO Michel Desjardins said: \"Unlocking our refined geological model confirms that the Goldfields gold system can grow both laterally and at depth. Fresh hits from holes AIG-25-28 and AIG-25-29 prove the system's continuity and sharpen our conviction that an economic deposit is within reach.\"2025 Drill ProgramObjectives & MethodologyThe 2025 drill program was designed to enlarge the Goldfields footprint by spacing holes 50 m apart and initially targeting vertical depths of 100-250 m.The interpreted geometry follows a northeast-trending litho-structural contact dipping 65° toward the northwest.Four holes were drilled toward the east-southeast, cutting the full ~300 m package of altered and deformed sediments, ultramafic volcanics, alkaline intrusions, and basalts.2025 Drill PlanThe step-out program collared four holes, ea...