Business
Inflection Resources Intersects Orogenic Quartz Lodes at Carron Gold Project, Queensland, Australia
Vancouver, British Columbia - TheNewswire - March 31, 2022 - Inflection Resources Ltd. (CSE:AUCU) (CNSX:AUCU.CN) (FSE:5VJ) (OTC:AUCUF) (the "Company" or “Inflec
About this update from Inflection Resources Ltd.
[{"type":"text","content":"Vancouver, British Columbia - TheNewswire - March 31, 2022 - Inflection Resources Ltd. (CSE:AUCU) (CNSX:AUCU.CN) (FSE:5VJ) (OTC:AUCUF) (the \"Company\" or “Inflection”) is pleased to provide an exploration update from its Carron gold project located in Northern Queensland, Australia. Exploration has been focused on two high-priority orogenic lode gold targets along trend from the historic Croydon gold mining district. Summary Highlights Inflection has completed two additional scout drill holes into the Carron project located in northern Queensland, Australia. The Company has now drilled four holes totalling 1,030 metres on the project located approximately 60 kilometres north of the high-grade Croydon gold mining district; Three of the four completed holes have successfully intersected widely spaced, orogenic, quartz vein lode systems with sphalerite and galena hosted in graphitic metasedimentary rocks. The sphalerite and galena hosted in graphitic metasediments at Carron are typical of that seen at Croydon; The current drilling provides increased confidence in the exploration model and the ability to successfully target blind, orogenic quartz veins through barren, post-mineral cover; Given the potential strike length of the anomalous structures which extend over approximately 30 kilometres within the licence area, many targets still remain to be tested in the 2022 dry season and significant scope remains for the discovery of mineralised shoots; and, The Company has engaged renowned geological consultants Dr. Gregg Morrison and Dr. Douglas Haynes to provide an interpretation of the drill results and specific recommendations for further drilling. Alistair Waddell, Inflection’s President and CEO, states: “Inflection continues to systematically explore the Carron project for Croydon-style gold-bearing quartz veins. While the results returned to-date report low tenor gold values, we remain confident that additional targeting work can lead to the identification of high-grade gold bearing vein sets and shoots in this large district scale system that extends over thirty kilometres. We are also very much encouraged by the ability to target and successfully intercept blind quartz veins though a sequence of post-mineral cover.” The Carron project is located approximately 400 kilo...