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Kestrel's 2022 Phase 2 QCM Drilling Intersects 2.33 g/t Au over 44.19 metres
CALGARY, AB / ACCESSWIRE / October 25, 2022 / Kestrel Gold Inc. ("Kestrel" or the "Corporat...
About this update from Kestrel Gold Inc.
[{"type":"text","content":"Kestrel’s 2022 Phase 2 QCM Drilling Intersects 2.33 g/t Au over 44.19 metresCALGARY, AB / ACCESSWIRE / October 25, 2022 / Kestrel Gold Inc. (\"Kestrel\" or the \"Corporation\", TSX-V:KGC) is pleased to announce results for holes QCM22-9, 10 and 11, from the Corporation's 2022 six-hole second phase reverse circulation (\"RC\") drill program at the QCM property.These three holes followed up positive results from 2022 first phase holes QCM22-4, 6 and 8 that tested prospecting targets. Results for the remaining three second phase holes that were completed at the QCM Zone will be released once full analytical results have been received and interpreted. The QCM property is being explored for near surface, bulk tonnage gold mineralization.Drill Program Highlights:Hole QCM22-9 that intersected 2.33 g/t Au over 44.19 metres undercut first phase hole QCM22-8 that intersected 2.39 g/t Au over 21.33 metres.Hole QCM22-10 that intersected 0.25 g/t Au over 47.24 metres was drilled adjacent to first phase hole QCM22-4 to test for extensions to the 0.35 g/t Au over 36.58 metres interval located at the bottom of hole QCM22-4.Table 1: Drill ResultsHoleFrom (m)To (m)Interval (m)Au (g/t)TargetPhase 1 HoleHole Depth (m)QCM22-93.0547.2444.192.3314 VeinQCM22-8121.92including30.4832.001.5222.2014 Vein and39.6341.151.5213.7514 Vein QCM22-1028.9676.2047.240.25Flagstaff NWQCM22-4121.92including28.9630.481.521.58Flagstaff NW QCM22-11scattered anomalous valuesFlagstaff SEQCM22-6121.92Reported intervals are down-hole lengths. True thicknesses cannot be determined with available information.Hole QCM22-9 collared in material grading 0.52 g/t Au over 1.52 metres.The relationship between the gold bearing intervals found within holes QCM22-8 and 9 as well as the targeted surface showing suggest that the gold-bearing mineralization in this area trends approximately northeast and dips southeast.Gold-bearing intervals are hosted by argillite and lesser sandstone of the Quesnel and Cassiar Terranes. Gold-bearing intervals are typically carbonate and silica altered, cut by variably sized sheeted to stockwork quartz veins and are mineralized with up to 3% pyrite. Mariposite has been noted in some intervals.See https://www.kestrelgold.com/news/oct-14-2022 for details of Kestrel's 2022 phase 1 drilling.Rob Solinger, President and CEO of Kestrel, states: \"Exce...