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Kestrel Intersects 0.59 g/t Au over 149.35 metres including 0.78 g/t Au over 99.06 metres
CALGARY, AB / ACCESSWIRE / December 15, 2022 / Kestrel Gold Inc. ("Kestrel" or the "Corporation...
About this update from Kestrel Gold Inc.
[{"type":"text","content":"Kestrel Intersects 0.59 g/t Au over 149.35 metres including 0.78 g/t Au over 99.06 metresCALGARY, AB / ACCESSWIRE / December 15, 2022 / Kestrel Gold Inc. (\"Kestrel\" or the \"Corporation\")(TSX-V:KGC) is pleased to announce results for the final three holes, QCM22-12, 13 and 14, from the Corporation's 2022 six-hole second phase reverse circulation (\"RC\") drill program at the QCM property which is being explored for near surface, bulk tonnage gold mineralization.Drill Program Highlights:All three holes intersected gold bearing mineralization, with values of 0.59 g/t Au over 149.35 metres, including 0.78 g/t Au over 99.06 metres, found within hole QCM22-14.All three holes ended in gold bearing mineralization with the last sample of hole QCM22-12 containing 1.48 g/t Au over 1.52 metres.Table 1: Drill ResultsHoleFrom (m)To (m)Interval (m)Au (g/t)TargetHole Depth (m)QCM22-123.05121.92118.870.43Main Zone Infill121.92including97.54121.9224.380.94Main Zone Infill QCM22-1328.96143.26114.300.65Main Zone Infill143.26including28.9667.0638.101.16Main Zone Infill QCM22-143.05152.40149.350.59Main Zone Infill152.40including12.19111.2599.060.78Main Zone Infill Reported intervals are down-hole lengths. True thicknesses cannot be determined with available information.Gold-bearing intervals are hosted by carbonate and silica altered volcanic sandstone and lesser argillite cut by sheeted to stockwork quartz veins, and variably mineralized with up to 10% pyrite in some intervals. Mariposite has also been noted in some intervals.Figure 1: Main Zone Hole Location MapRob Solinger, President and CEO of Kestrel, states: \"We are pleased to have received final results for our 2022 QCM drill program. The Main Zone continues to yield broad bulk tonnage style intersections that help confirm the presence of a significant gold bearing zone in this area. These results together with the new discovery we made at 14 Vein, where drilling earlier this year returned 2.33 g/t Au over 44.19 metres, speak to the overall prospectivity of the property. We look forward to continued exploration of both zones and further prospecting across the property.\"Table 2: RC Hole Location Data (coordinates in Zone 10, NAD83)Hole IDEastingNorthingAzimuthDipDepth (ft)Depth (m)TargetQCM22-123999956172618180-45400121.92Main ZoneQCM22-134000836172596180-45470143.26Main ZoneQCM22-1440013...