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Gold'n Futures Reports on Grade-Block Modeling Program for the Hercules Gold Project, Northern Ontario
Vancouver, British Columbia--(Newsfile Corp. - May 16, 2023) - GOLD'N FUTURES MINERAL CORP . (CS...
About this update from Gold'n Futures Mineral Corp.
[{"type":"text","content":"Gold'n Futures Reports on Grade-Block Modeling Program for the Hercules Gold Project, Northern OntarioVancouver, British Columbia--(Newsfile Corp. - May 16, 2023) - GOLD'N FUTURES MINERAL CORP. (CSE: FUTR) (FSE: G6M) (OTC Pink: GFTRF) (the \"Company\" or \"Gold'n Futures\") is pleased to provide first results of our current resource modeling of the gold zones of the Hercules Gold Project, located in the Beardmore-Geraldton mining camp of northern Ontario. The Company completed at the end of 2022 its compilation of the extensive database generated on the Hercules property through several decades of prospecting, mapping, geophysical surveys, trenching and some 547 drill holes and about 114,000 meters (\"m\") of cores. Much of the information was assembled from numerous and disparate sources that has wherever possible been verified and made suitable for a National Instrument 43-101 mineral resource estimate (\"MRE\").Highlights of the findings of the modeling program include:The Golden Mile vein system (the \"GM Vein\") is traced by diamond drilling and surface trenches for a continuous strike length of about 1,560 m with a further 300 m of trench untested on the north limb; The GM Vein's strike length is extended by approximately 300 m to the south east to connect with and to include the Amede gold zone;The GM Vein contains very high grade sections and may comprise multiple zones or shoots of high grade mineralization that plunge to the west; Initial geostatistical analyses suggest that there is a second set of mineralization which concentrates gold in cojoining shears;Nuggety gold is strongly influencing grade fluctuations which is to be addressed with more sampling of surface showings and drill core intersections; and,The next steps for the Hercules project will address defining extensions of the gold zones and shoots and locating new gold zones by testing specified targets.Gold'n Futures' President and CEO, Stephen Wilkinson, commented,\"We are very encouraged by the grade-block model which clearly shows that the Golden Mile vein is strike continuous to the southeast connecting with the Amede vein. The vein system as determined by drilling now exceeds 1,600 metres in strike length. Importantly, the model defines a southwest plunge to the mineralization of potentially high-grade gold mineralized shoots, and areas of little or no...