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Kestrel Gold Completes Its Inaugural Drill Program on the QCM Property
CALGARY, AB / ACCESSWIRE / November 23, 2021 / Kestrel Gold Inc. ("Kestrel" or the "Corpora...
About this update from Kestrel Gold Inc.
[{"type":"text","content":"Kestrel Gold Completes Its Inaugural Drill Program on the QCM PropertyCALGARY, AB / ACCESSWIRE / November 23, 2021 / Kestrel Gold Inc. (\"Kestrel\" or the \"Corporation\")(TSXV:KGC) is pleased to announce the completion of the Corporation's inaugural reverse circulation (\"RC\") drill program on its QCM property. The program, comprising 992.38 metres in seven holes, provided infill drilling within, and tested the potential for northwest strike extensions to, the QCM Zone. Variably pyritized, carbonate altered and quartz veined greywacke and lesser argillite were encountered throughout the entirety of each hole.Holes were sampled continuously from bedrock to termination of hole, typically in 1.52 metre intervals. Samples were submitted to Bureau Veritas laboratory in Vancouver for preparation and analyses. Kestrel anticipates receiving assay results for this work in early 2022.QCM Project Highlights:Project is comprised of 5,100 hectares covering an approximate 14-kilometre strike length of the Manson Fault Zone which is thought to be a controlling structure for much of the gold mineralization in the district.QCM Zone historical drill results include high-grade intervals of up to 173 g/t Au over 1.5 metres within broad sections of lower grade material typically averaging 0.5 to 0.6 g/t Au; weighted averaging yields intervals of up to 1.44 g/t Au over 181.36 metres and 2.86 g/t Au over 110.95 metres (true widths unknown).Numerous historical showings occur throughout the project area, including Farrell where values of up to 1,777 g/t Au and 3,560 g/t Ag have been returned from grab samples of a 3.0-metre wide quartz vein and Flagstaff where values of up to 5.9 g/t Au and 1,153 g/t Ag have been reported for grab samples of quartz veins and stockworks.Recently completed logging has resulted in improved access and numerous new bedrock exposures throughout the property. This has facilitated Kestrel's prospecting efforts which have resulted in the discovery of several new gold-bearing showings. See Kestrel's September 2nd 2021 News Release.Results from the Sixtymile RC drill program completed earlier this summer have been received, compiled and interpreted. Although sections of silicification, vuggy quartz, clay alteration and occasional trace pyrite and arsenopyrite mineralization were noted, no significant gold or silver bearing inter...