Business
Harfang Obtains High Gold Grain Counts in Glacial Tills and Increases its Land Position at Serpent (James Bay, Québec)
MONTREAL, Jan. 16, 2020 (GLOBE NEWSWIRE) -- Harfang Exploration Inc. (“Harfang”) (TSX-V: HAR) is pleased to report high gold grain counts in till samples (up to
About this update from Harfang Exploration, Inc.
[{"type":"text","content":" MONTREAL, Jan. 16, 2020 (GLOBE NEWSWIRE) -- Harfang Exploration Inc. (“Harfang”) (TSX-V: HAR) is pleased to report high gold grain counts in till samples (up to 324 gold grains) collected on the Serpent Property (the “Property”) located in James Bay (Québec) delineating a new highly prospective unexplored area (Figures 1 and 2). The Corporation adds 185 claims to its 100% owned Property which is now made up of 523 claims (27,065 ha). An induced polarization survey will be conducted during winter 2020 in the new gold-in-till anomaly and the surroundings of the Mista prospect. Till Survey Results from the fall 2019 till survey have outlined a large gold-in-till anomaly defined by a cluster of 9 samples with high gold grain counts (≥20 total gold grains) covering a 4 km2 area in the southwestern part of the Property. Two of the samples returned 235 and 324 total gold grains with 155 and 217 pristine grains, respectively (Figure 3). Pristine grains are delicate pieces of free gold that are generally interpreted to have been derived from bedrock sources close to the sampling sites. The survey, which consisted in 125 till samples exclusively collected in the southwestern part of the Property, also returned 4 additional isolated samples with high gold grain counts (≥20 grains) (Figures 2 and 3). Most samples were taken inside the interpreted limits of a pluri-kilometric deformation corridor (Figure 4). Figure 2 also shows results from the till 2018 survey which guided Harfang’s geologists towards the discovery of several gold showings in 2019 (see press releases published on October 17 and December 10, 2019). According to preliminary conclusions by Les Consultants Inlandsis, the contractor mandated to interpret the till results, gold grains appear to be derived from local bedrock sources (<200 m up-ice). This interpretation is based on 1) the high ratios of pristine grains in most of the gold-rich tills and 2) the limited glacial transportation deduced from the absence of well-developed glacial dispersal trains. Hypothetical bedrock sources for these gold grains open up a totally new unexplored area. Interestingly, magnetic discontinuities suggesting regional WNW-ESE structures extending over more than 5 km are abundant in the outlined sector (Figure 4). Harfang now considers that this specific portion...