Business
Kestrel Gold - Trenches 6.15 g/t Au and 99.2 g/t Ag at King Solomon Dome
CALGARY, AB / ACCESSWIRE / December 21, 2020 / Kestrel Gold Inc. ("Kestrel" or the "Corpora...
About this update from Kestrel Gold Inc.
[{"type":"text","content":"Kestrel Gold – Trenches 6.15 g/t Au and 99.2 g/t Ag at King Solomon DomeCALGARY, AB / ACCESSWIRE / December 21, 2020 / Kestrel Gold Inc. (\"Kestrel\" or the \"Corporation\") (TSXV:KGC) is pleased to announce results from the 2020 trenching program on it's 100% owned King Solomon Dome property (\"KSD\"). The property is located in the Yukon portion of the Tintina Gold Belt, 35 minutes by road south of Dawson City, within the famous Klondike placer gold district. Creeks draining KSD have produced significant amounts of placer gold and Kestrel is evaluating the property's potential to host economic bedrock sources for this gold.The 2020 trenching program was designed to locate brand new mineralized showings distinct from existing mineralized occurrences. Targets were generated using historical soil sample data and the results of Kestrel's 2020 prospecting program (see Kestrel's September 9, 2020 news release). A total of 53 channel samples were collected from 7 trenches and 4 pits totalling approximately 128 linear metres which were excavated using a 19-tonne tracked excavator. Sample widths quoted below are thought to be close to true width.Highlights Include:Trench 5, located approximately 300 metres southeast of the Sheba Zone, encountered 9 variably mineralized quartz veins over its 19-metre length. Analyses of a 0.33m channel sample across a 0.3m wide quartz pyrite galena vein and wallrock returned 6.15 g/t Au and 99.2 g/t Ag while a 0.23m channel sample across a 0.2m wide quartz pyrite galena vein and wallrock returned 2.67 g/t Au and 72.2 g/t Ag.Pit 4, located approximately 950 metres east southeast of the Sheba Zone, was excavated into the south bank of the Hunker-Bonanza road. Analyses of a 0.74m channel sample of a 0.5m wide quartz pyrite galena vein and wallrock returned 3.35 g/t Au.Sampling within Trenches 6 and 7 which were designed to test gold in soil values of 4,000 ppb and 797 ppb respectively returned only weakly anomalous values to 0.78 g/t Au over 0.04m within Trench 6 and 0.39 g/t Au over 2.3m within Trench 7. Further work will be required to define a reason for the variance between the strong gold in soil values and the weakly anomalous gold in rock values from follow up trenching.Rob Solinger, President and CEO of Kestrel, states: \"Although limited in extent, our trenching program successfully located...