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New Jersey Mining Company Continues To Expand Mineralization (Including 0.94 Meters of 28.7 GPT Gold) in Joe Dandy Shoot
COEUR D'ALENE, ID / ACCESSWIRE / July 27, 2021 / New Jersey Mining Company (OTCQB:NJMC) ("NJMC" or the "Company") is excited to announce additional high-grade g
About this update from Idaho Strategic Resources, Inc.
[{"type":"text","content":" COEUR D'ALENE, ID / ACCESSWIRE / July 27, 2021 / New Jersey Mining Company (OTCQB:NJMC) (\"NJMC\" or the \"Company\") is excited to announce additional high-grade gold assay results from its core drilling program in the Joe Dandy shoot at the Golden Chest. These results from the Joe Dandy drill program continue to expand the overall strike-length of the Golden Chest mineralization and may represent the next potential mining area to the south. All intervals are reported in true vein thickness and in grams per tonne (gpt). GC 21-194 intercepted 0.5 meters of 7.8 gpt gold in the upper vein and 0.4 meters of 4.6 gpt gold in the lower vein. GC 21-195 intercepted 0.5 meters of 3.8 gpt gold in the upper vein and 0.4 meters of 2.9 gpt gold in the lower vein. GC 21-196 intercepted 0.6 meters of 8.3 gpt gold in the upper vein and 1.7 meters of 2.7 gpt gold in the lower vein. GC 21-197 intercepted 2.56 meters of 10.98 gpt gold (including 0.94 meters of 28.7 gpt gold) in the upper vein and 0.53 meters of 2.60 gpt gold in the lower vein. The above holes were designed to follow-up on a previous high-grade intercept in GC 21-193, which reported 7.3 meters of 11.5 gpt gold, including 2.3 meters of 19.5 gpt gold. The intercepts in the four reported drill holes, GC 21-194 through GC 21-197, are all located to the west and deeper from the intervals in GC 21-193. The veins encountered in GC 21-194 are at the 615 meter elevation and represent the deepest intercept to date of the Idaho Fault and its associated gold bearing veins. For comparison, the Skookum underground operations are currently at the 824 meter elevation, making these Joe Dandy vein intercepts 209 meters deeper and over 300 meters to the south. With these intercepts NJMC continues to expand each of its gold-bearing shoots ever wider and deeper. NJMC's VP of Exploration, Rob Morgan commented, \"The Joe Dandy exploration target has similar characteristics to the Paymaster, with two gold-bearing veins flanking a quartz monzonite sill. Geologically speaking, these gold intercepts are important because they may represent that we are closing in on the source of gold mineralization at the Golden Chest. As we continue drilling we are encountering more igneous rocks which are the engine to our gold mineralization, along with continuing to see higher gold values. We fund drilling and explorati...