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Gold'n Futures Commences 2023 Exploration & Development Program on the Hercules Gold Project, Beardmore-Geraldton Gold Camp, Ontario
Vancouver, British Columbia--(Newsfile Corp. - January 10, 2023) - GOLD'N FUTURES MINERAL CORP ....
About this update from Gold'n Futures Mineral Corp.
[{"type":"text","content":"Gold'n Futures Commences 2023 Exploration & Development Program on the Hercules Gold Project, Beardmore-Geraldton Gold Camp, OntarioVancouver, British Columbia--(Newsfile Corp. - January 10, 2023) - GOLD'N FUTURES MINERAL CORP. (CSE: FUTR) (FSE: G6M) (OTC Pink: GFTRF) (the \"Company\" or \"Gold'n Futures\") is pleased to announce it has commenced its 2023 exploration and development program on the Hercules Gold Project (the \"Project\" or \"Hercules\"). The start of the program work follows immediately on the heels of the closing of Gold'n Futures' Unit Offering (see the Company's news release dated December 30, 2022).Highlights of the 2023 Exploration Program:The Company is benefitting from its new database compiled from nearly 50 years of historical work;The Hercules gold zones appear to be more extensive in terms of strike and width; Several historical mineralized core intervals are not completely sampled; and,Where core sampling is continuous through the vein and mineralization halo, gold zones are found to be up to 30m thick.The first step in the Company's 2023 program is intended to expand upon the Company's recent understanding of the Hercules mineralization currently defined as a series of high-grade gold veins within broader altered zones hosting lower grade but significant gold mineralization. A National Instrument 43-101 report by Watts Griffith McOuat, dated May 26, 2010, (the \"WGM Report\") prepared for Kodiak Exploration Limited (\"Kodiak\") first suggested the halo of lower-grade gold mineralization may be up to 30 meters thick. The Company has found the halo to be a highly magnetic mafic rock that has been geophysically mapped for several kilometers of strike and much beyond previously known occurrences. In addition, this magnetic signature is repeated in association with several gold occurrences throughout the Hercules Property.Identified historical drill intercepts suggest wide zones of the gold mineralization are present within the Hercules and examples of wider mineralized intersections are detailed in Table I. The intersections were selected based on the Company's initial review of mineralized intervals in historical drilling. The Company also determined that many intervals were not thoroughly sampled for assays also as shown in Table 1. As a key component of the Program, Gold'n Futures plans to design and ...