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Drill Program Commences to Expand Resource at Silver Coin Gold Project, NW, BC
(via TheNewswire) Vancouver, B.C. / TheNewswire / September 12, 2017 - Jayden Re...
About this update from Jayden Resources Inc
[{"type":"text","content":"Drill Program Commences to Expand Resource at Silver Coin Gold Project, NW, BC(via TheNewswire)\n \n \nVancouver, B.C. / TheNewswire / September 12, 2017 - Jayden Resources Inc. (JDN: TSXV) (the \"Company\") is pleased to announce that the Company has obtained the requisite permits and the 2017 surface drilling program at its Silver Coin project in northwestern British Columbia has commenced. Silver Coin is an advanced stage gold-silver property located about 25 kilometers north of Stewart within the Golden Triangle in northwestern British Columbia.\n\n\n \nThe Company has secured a drilling contract, prepared the camp and has mobilized a drill to the site along with the geological team. The 2017 program will consist of approximately 6,000 feet of drilling and will focus on extending and upgrading lenses of known high grade gold mineralization within the Main Breccia Zone to the northwest as well as testing additional targets along strike to the south and potential sub-parallel zone to the east. The total inferred mineral resource estimate for high-grade core at Silver Coin already consists of 967,000 tonnes grading 4.39 g/t Au, 18.98 g/t Ag (Au equivalent of Ag - 4.64 g/t), 0.64% Zn, 0.25% Pb, and 0.04% Cu [calculated in accordance with National Instrument 43-101 standards, at a 2 g/t Au cut-off by Mining Plus Canada - August, 2013].\n\n\n \n2017 Drilling Objectives are as follows:\n\n\n \n\n\n- Drill step-out holes to the north-northwest of existing resource to test for continuity and extensions of the gold mineralization.\n\n\n\n- Drill a panel of holes within the southeastern portion of the Main Breccia Zone to test for possible southern extensions of high grade gold mineralization. [Note: the southernmost hole from the 2010 drilling campaign, hole SC10-311, intersected 55m grading 8.42 g/t Au as reported in the Company's news release dated October 14, 2010.]\n\n\n\n- Test strike and depth extension of the Terminus showing located 500 metres east of the Main Breccia Zone where Trench '1a' returned values of 8.4 g/t Au and 23.9 g/t Ag over 12.1 metres as reported in Company's news release dated February 22, 2005. \n\n\n\n\n \nIn conjunction with the 2017 drilling campaign, crews are conducting regional exploration work to define additional drill targets out of the current area of focus. \n\n\n \nSprott Mining Inc. (\"Sprott M...