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Fremont Identifies Possible Extension to the Gold Bar Mine Nevada
Vancouver, British Columbia--(Newsfile Corp. - October 30, 2018) - Fremont Gold Ltd. ( TSXV...
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[{"type":"text","content":"Fremont Identifies Possible Extension to the Gold Bar Mine NevadaVancouver, British Columbia--(Newsfile Corp. - October 30, 2018) - Fremont Gold Ltd. (TSXV: FRE) (FSE: FR2) (OTC: USTDF) (\"Fremont\" or the \"Company\") is pleased to announce that it has identified several highly-prospective drill targets at the Company's Gold Bar project located in Eureka County, Nevada. A recently completed soil sampling program, based on a new structural interpretation, has identified coincident gold and mercury geochemical anomalies and suggests that gold mineralization related to the historic Gold Bar mine may extend to the southeast (see Figures 1 and 2). Fremont will look to drill test these promising targets early next year.Gold Bar exploration highlights: Geochemical sampling has defined coincident gold and mercury soil anomalies, approximately 2 x 1 km in size, in the southeastern portion of the Gold Bar project (see Figures 1 and 2). Mercury is an important pathfinder for gold in Carlin-type deposits; The gold and mercury anomalies occur SE of the historic Gold Bar mine in areas thought by Fremont to be underlain by the Devonian Denay Limestone and the Mississippian Webb Formation, both known to host gold mineralization in the Gold Bar district;The soil anomalies suggest NW-SE and NNE-SSW mineralized structures intersect in the areas of the soil anomalies, which were never drilled by previous operators. Clay Newton, Vice President Exploration of Fremont stated, \"Whereas historic drilling was confined to a corridor directly southeast of the historic Gold Bar mine, Fremont believes that the mineralization at the Gold Bar deposits, both the historic Gold Bar mine and the Millsite deposit, are offset by a series of left-lateral northeast-southwest trending faults. This new interpretation means that the southern extension of potential mineralization related to the historic Gold Bar mine is likely offset to the northeast. This interpretation was corroborated by our soil sampling program, which revealed anomalous gold and mercury-in-soils in areas never previously drilled. The next step for Fremont is to drill test these targets in the hopes of discovering a new Carlin-type deposit.\" Figure 1: Gold in Soil Anomalies to Southeast of Historic Gold Bar MineTo view an enhanced version of Figure 1, please visit:https://orders.news...