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Graycliff Exploration Continues Intersecting High Grade Gold Intervals Near Surface Including 52 g/t Gold Over 4.0 Metres
TORONTO, ON / ACCESSWIRE / June 15, 2021 / Graycliff Exploration Limited (the "Company" or "Graycliff") (CSE:GRAY) (OTCQB:GRYCF) (FSE:GE0) is pleased to announc
About this update from Graycliff Exploration Limited
[{"type":"text","content":" TORONTO, ON / ACCESSWIRE / June 15, 2021 / Graycliff Exploration Limited (the \"Company\" or \"Graycliff\") (CSE:GRAY) (OTCQB:GRYCF) (FSE:GE0) is pleased to announce limited assay results of the second drill hole from its phase two core drilling program (see Press Release dated April 22, 2021) on the Company's Shakespeare Gold Project located on the prolific Canadian Shield near Sudbury, Ontario. Drill Hole J-9-21 intersected two mineralized intervals five metres (\"m\") apart, as detailed below: Drill Hole From (m) To (m) Width (m)1 Au (g/t) 2 J-9-21 109.85 110.80 0.95 3.12 116.0 120.0 4.00 52.09 Including 116.4 117.0 0.60 267.00 And 119.0 119.5 0.50 5.56 And 119.5 120.0 0.50 18.50 1 - Reported intervals are down-hole lengths and not true thicknesses. True width of the mineralization cannot be determined due to the early-stage nature of the current program. 2 - Length-weighted average grades of gold (\"Au\") in grams per tonne (\"g/t\") are calculated using un-capped gold assay data. Table 1 - Partial Results from Hole J-9-21 \"It would appear that as assay labs are overwhelmed with the shear volume of material they are receiving, the Company is once again in a position where it needs to release partial results from its drill holes. We still do not have the rest of the samples from Holes J-8-21 and J-9-21, but they should be available later in Q2. Obviously, further confirmation of exceptional high-grade results is getting us extremely excited about the potential results that the 3D modelling will show following the receipt of all of the results from our phase two drilling program,\" stated President and CEO, James Macintosh. The two high-grade gold intersections intersected drill hole J-9-21 is located approximately 20 m down-dip of the mineralization reported from drill hole J-8-20 that highlighted an interval grading 67 g/t Au over 3m and both holes J-8-21 and J-9-21 are below hole J-7-20 (see Cross Section \"A-A\" in Press Release dated March 24, 2021). Sample materials from several other drill holes have been delivered to the assay lab and those assay results are expected to be available in somewhat regular intervals over the coming weeks. Qualified Person Bruce Durham, P.Geo, is a Qualified Person, as that term is defined by Canadian regulatory guidelines under NI 43-101, and has read and approved the technical informati...