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Makara Mining Identifies Strong Soil Anomaly at Rude Creek Gold Project, Yukon
VANCOUVER, BC / ACCESSWIRE / July 27, 2020 / Makara Mining Corp. (CSE:MAKA) (FSE:MK0) (OTC PINK:MAKAF) ("Makara" or the "Company") is pleased to announce that r
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[{"type":"text","content":" VANCOUVER, BC / ACCESSWIRE / July 27, 2020 / Makara Mining Corp. (CSE:MAKA) (FSE:MK0) (OTC PINK:MAKAF) (\"Makara\" or the \"Company\") is pleased to announce that recent soil sampling program has identified a strong gold-in-soil anomaly (up to 1,167 ppb Au) with a coincident IP/resistivity anomaly, at its Rude Creek Gold Project (\"Rude Creek\" or the \"Project\") in the White Gold region of the Yukon, Canada. Highlights A tight-spaced (25m x 50m) soil survey was recently conducted on the NE prospect at Rude Creek Strongest soil samples returned include 1,167 ppb Au, 648 ppb Au, 612 ppb Au and 514 ppb Au, with 24 samples over 50 ppb Au and ten samples above 100 ppb Au Anomaly measures approximately 150m by 300m along a northwesterly trend and continues to the southeast for at least another 600m (as defined by the pre-existing wider-spaced soil grid) The new soil anomaly is underlain by and coincident with a linear IP/resistivity anomaly (chargeability high and adjacent resistivity high), suggesting a structural zone sub-parallel with the soil anomaly \"The new dataset is encouraging and provides a big help in determining drill locations,\" stated Grant Hendrickson, President and CEO. \"We look forward to an exciting drill program at Rude Creek which we intend to announce details of next week.\" Details of Soil and Geophysics Results The Rude Creek Property totals 4,157 hectares in area and is located in west-central Yukon, approximately 160 km south of Dawson City. Rude Creek is well situated the Dawson Range gold district, located 15 km southeast of Western Copper's Casino copper-gold-molybdenum deposit, 45 km southeast of Newmont Goldcorp Inc.'s Coffee gold deposit, 72 km southeast of White Gold's Golden Saddle gold deposit and 80 km south-southeast of White Gold's recent Vertigo discovery (see Exhibit 1). Makara holds an option to earn a 70% interest in the Project (see news release dated May 12, 2020). Field crews were mobilized to the Rude Creek project area on June 19th. Work included the collection of 171 soil samples over a close-spaced grid measuring 750 metres by 250 meters (along five lines 750 metres long, spaced 50 metres apart and sampled every 25 metres along each line; plus a sixth line 750 metres long and sampled every 50 metres) within the NE prospect. After soil sampling was completed, a ground geophysical su...