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New Significant High-Grade Gold Discovery At Silver Coin Project Yielding Strong Intercepts: 8.63g/t Au over 7.7m Including 22.88g/t Au over 2.20m
(via TheNewswire) Vancouver, B.C. / TheNewswire / November 28 , 2017 - Jayden Resou...
About this update from Jayden Resources Inc
[{"type":"text","content":"New Significant High-Grade Gold Discovery At Silver Coin Project Yielding Strong Intercepts: 8.63g/t Au over 7.7m Including 22.88g/t Au over 2.20m(via TheNewswire)\n\n \nVancouver, B.C. / TheNewswire / November 28, 2017 - Jayden Resources Inc. (JDN : TSXV) (the \"Company\") is pleased to announce that the Company has received assays on an additional 6 holes from the 2017 drill program at its Silver Coin project in northwestern British Columbia. Results indicate a new significant high-grade gold discovery zone in an unexplored area located 550 metres to the northeast of the main Silver Coin deposit. \n\n\n \nDrill Hole SC17-452, recently completed in this untested area intersected a new gold-bearing zone grading 8.63 g/t Au over 7.7 metres, from 16.5 to 24.2 metres, including several higher-grade intervals up to 37.1 g/t Au. This gold bearing structure is hosted in andesite and is characterized by a quartz-sericite-chlorite altered breccia zone exhibiting quartz stringers with visible gold grains, 5-6% sphalerite, up to 1% galena and 7-8% pyrite mineralization. Further down this drill hole, additional zones of siliceous breccia returned 6.5 g/t Au over 1.5 metres between 77.82 and 79.32 metres and 8.25 g/t Au over 1.0 metre between 88.97 and 89.97 metres.\n\n\n \nThe hole was drilled to test for shallow dipping gold-bearing breccias east of the flagship Silver Coin deposit. Six holes were drilled from three separate pads spaced approximately 100-150 metres apart along strike of a favorable lithological unit with assays for the remaining four holes still pending. \n\n\n \nResults from drilling within the NW Extension area of Silver Coin's main breccia zone continue to support a high success ratio with almost all holes encountering significant mineralization, resulting in extensions of known zones beyond historical limits.\n\n\n \nNew Drilling Highlights are as follows:\n\n\n \n-SC17-444: Intersected continuity of main breccia zone at depth to the north-northwest. \n\n\n \n-SC17-445: Intersected a new modest gold zone at surface approximately 70 metres to the NE of the main breccia body and a broad continuation of the main zone at depth. \n\n\n \n-SC17-446: Intersected a northerly extension of the main zone at depth. \n\n\n \n-SC17-448: Drilled to test the westerly extension of the main breccia body, this hole intersected modest go...