Business
Kingfisher Samples up to 20.1 g/t Gold in Rock and 8.4 g/t Gold in Talus Fines from New Discovery
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES VA...
About this update from Kingfisher Metals Corp
[{"type":"text","content":"Kingfisher Samples up to 20.1 g/t Gold in Rock and 8.4 g/t Gold in Talus Fines from New DiscoveryNOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATESVANCOUVER, BC / ACCESSWIRE / May 13, 2021 / Kingfisher Metals Corp. (TSXV:KFR)(FSE:970) (\"Kingfisher\" or the \"Company\") is pleased to announce sampling results from the newly discovered Day Trip Zone which is located ~3.5 km southeast of the Cloud Drifter Trend on the Goldrange Project. The Goldrange Project is located approximately 25 km south of the town of Tatla Lake with logging road access to the north end of the 367 km2 project.Highlights:Discovery of a 90 x 70 m zone of extensive gold bearing sulfide-cement breccias in float with grades up to 20.1 g/t Au.Discovery of sheeted quartz-sulfide veins up to 6.7 g/t Au in outcrop. Open-ended talus fines anomaly up to 8.4 g/t Au.Identification of a previously unrecognized intrusive-hosted orogenic gold system similar in style and scale to the Cloud Drifter Trend. \"The Day Trip Zone was discovered over a 3-day trip last summer when David Loretto, Kingfisher's President, and I camped in the alpine to try and explain a conspicuous gossan we had seen from the air. The discovery of this new zone of high-grade gold mineralization ~3.5 km away from the nearest sample at the Cloud Drifter Trend highlights the regional prospectivity of the Goldrange Project.\" Stated Dustin Perry, CEO.The Goldrange Project covers a significant deformation zone with numerous precious metal veins across the project. Mineralization at Goldrange occurs as orogenic gold and intrusion-related gold systems. Several areas of historical hand mining are located within the project and date back to the 1930s.The Day Trip Zone was discovered by prospecting a gossan formed from hornfels alteration of sedimentary rocks intruded by a Bendor Suite monzonite intrusion. The area is situated on flat to low angled slopes on a mountain approximately 3.5km to the southeast of the nearest samples within the Cloud Drifter Trend in an area with no documented historical exploration.Ridgetop talus fine sampling (85 samples) revealed an area over 500 m long of high-contrast gold anomalism (figure 1) with coincident anomalous Ag, As, Sb, Cu, Bi, Hg, Te, and W. Talus fine sampling includes values from below detection limit to 8386.2 ppb Au (8.4 g/t Au) ...