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Harfang Exploration Reports Results of its Winter 2022 Drill Program
MONTREAL, May 17, 2022 (GLOBE NEWSWIRE) -- Harfang Exploration Inc. (“Harfang” or the “Company”) (TSX-V: HAR) is pleased to report analytical results from the w
About this update from Harfang Exploration, Inc.
[{"type":"text","content":" MONTREAL, May 17, 2022 (GLOBE NEWSWIRE) -- Harfang Exploration Inc. (“Harfang” or the “Company”) (TSX-V: HAR) is pleased to report analytical results from the winter drill program on its now combined Serpent and Radisson properties (collectively the “Property”, “Serpent” or “Radisson”) located in Eeyou Istchee James Bay, Québec. The Property covers a combined 50,843 hectares (988 claims) of prospective Archean basement terrain hosting a district scale gold endowment discovered by the Company. The target area is comprised of a kilometric scale gold-in-till occurrence and more that 50 high-grade gold surface showings identified since 2017 clustered in a corridor straddling the Serpent-Radisson boundary. During winter 2022, the majority of holes drilled on Serpent tested the gold-in-till anomaly while the four holes drilled on Radisson tested the northwest extension of the Goldhawk Zone. The location of the drilling and highlight results are presented in Figure 1 and Table 1. Commented Ian Campbell, President and CEO, “Our winter drill program represents a cooperative effort between the Harfang and former LaSalle exploration teams on the district scale gold discovery on the Serpent-Radisson property. The results to date confirm a structural and geologic framework that is prospective for a significant gold deposit, however, we have yet to locate the centre of gravity of the system. We recently conducted a critical analysis integrating all the project data accumulated and are basing our summer phase of exploration, set to begin at the end of May, by applying our technically driven, business approach. We are excited about the upcoming field season as we will be moving forward on several fronts and are well financed with approximately $10 million in the treasury.”. Fieldwork will focus on target areas of the Property that have received little or no attention to this point. It will also include additional geological analysis of the structural framework of the gold system identified to date, further study of the nature and potential source of the gold-in-till anomaly, and an evaluation of targets such as the Mista Cu-Au-Ag occurrence. The objective of this work is to further refine drill targets for subsequent testing later this year. Discussion of Results The winter 2022 drill program consisted of 18 holes for a total of 4,20...