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Graycliff Exploration Expands Near Surface High-Grade Interval in Hole 9 to 13.32 g/t Gold Over 16.0 Metres
TORONTO, ON / ACCESSWIRE / September 23, 2021 / Graycliff Exploration Limited (the "Company" or "Graycliff") (CSE:GRAY) (OTCQB:GRYCF) (FSE:GE0) is pleased to an
About this update from Graycliff Exploration Limited
[{"type":"text","content":" TORONTO, ON / ACCESSWIRE / September 23, 2021 / Graycliff Exploration Limited (the \"Company\" or \"Graycliff\") (CSE:GRAY) (OTCQB:GRYCF) (FSE:GE0) is pleased to announce expanded (full) assay results on the previously announced second drill hole of its over 2,000 metre (\"m\") phase two core drilling program on the Company's Shakespeare Gold Project located on the prolific Canadian Shield near Sudbury, Ontario. Drill Hole J-9-21 intersected a mineralized interval of 13.32 g/t gold (\"Au\") over 16.0 metres, including the previously announced interval of 52.0 g/t Au over 4.0 m (see Press Release dated June 15, 2021), as detailed below: Drill Hole From (m) To (m) Width (m)1 Au (g/t) 2 J-9-21 104.0 120.0 16.0 13.32 including 109.9 110.8 0.95 3.12 also including 116.0 120.0 4.0 52.1 as well as 116.4 117.0 0.6 267.0 and 117.0 117.5 0.5 68.4 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 are calculated using un-capped gold assay data. Table 1 - Highlighted Results from Hole J-9-21 President and CEO, James Macintosh stated: \"The second hole of phase two drilling has returned a second extended intersection of mineralization with very strong gold grades throughout and provides further evidence that we are in one larger zone as mentioned when we announced the results of Hole J-8-21. Hole J-9-21 also shows us that the higher-grade mineralized zone flanked by lower-grade mineralization that we would look to include in any potential mining scenario in the future. It is important to note that highest grade intersection in Hole J-9-21 is below the depth of the historic mine workings.\" 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 information contained in this press release. Figure 1 - Hole J-9-21 Location and Cross Section About Graycliff Exploration Limited Graycliff Exploration is a mineral exploration company focused on its 1,025 hectares of prospective ground, located roughly 80 kilometres west of Sudbury on the prolific Canadian Shield. The Company's Shakespeare Project consists of one crown patented lease, two crown leases and 40 cl...