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Gold’n Futures Mineral Defines Major Extensions to Gold Structures & New Priority Gold Targets at Hercules Property, Ontario
VANCOUVER, British Columbia, June 02, 2022 (GLOBE NEWSWIRE) -- GOLD’N FUTURES MINERAL CORP. (CSE: FUTR) (FSE: G6M), (OTC: GFTRF) (the “Company” or “Gold’n Futur
About this update from Gold'n Futures Mineral Corp.
[{"type":"text","content":" VANCOUVER, British Columbia, June 02, 2022 (GLOBE NEWSWIRE) -- GOLD’N FUTURES MINERAL CORP. (CSE: FUTR) (FSE: G6M), (OTC: GFTRF) (the “Company” or “Gold’n Futures”) is pleased to report the successful first round of interpretations of the airborne geophysical surveys of the Hercules Property in the Beardmore-Geraldton gold camp in northern Ontario. The geophysics have shown a solid correlation between strong narrow magnetic lineaments and the structures hosting the high-grade gold veins at the Hercules property. Significantly, the northwest trending lineaments are the most important. The correlating results of the magnetic maps are derived from data acquired by the helicopter borne triaxial gradient magnetic survey flown last October by GoldSpot Discoveries Corp. (TSXV: SPOT) Stephen Wilkinson, CEO of Gold’n Futures, commented: “The strong correlation of the magnetic lineaments with the Hercules gold zones offers multiple new and promising vein targets. There is no doubt that the northwest trends and subparallel alignment of the lineaments is significant and highly encouraging. Importantly, the extension of the Golden Mile vein system to the northwest and its breaking into numerous splays suggest that a robust gold mineralizing system was developed. The potential of the Golden Mile collectively exceeds 6,900-meters. We look forward to investigating all the lineaments and new target areas resulting from the helicopter magnetic survey.” Figure 1 is a plan of the geophysical lineaments overlain with the gold vein occurrences in the central part of the Hercules Property where the historical gold zones and reported mineral resources are concentrated. The magnetic lineament interpretation for these priority claims hosting the historical gold resources indicates that: a) The Golden Mile vein system is associated with a complex bifurcating structure trending northwest more than 2,120 meters (“m”) beyond its known length of approximately 2,000 m. The main lineament divides or splays into several branches where one splay is 1,874 m long and a second splay being 940 m long. b) The Lucky Strike vein system is just south of the Golden Mile vein and appears to extend an additional 400-meters to the northwest, giving the vein lineament an impressive strike of about 1,000 m. c) The Yellow Bric...