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Resolution Minerals Ltd (RML.AX) Drilling Program at Sunrise Gold Prospect Completed
Adelaide, Australia (ABN Newswire) - Resolution Minerals Ltd (ASX:RML) (FRA:NC3) is pleased t...
About this update from Kinross Gold Corporation
[{"type":"text","content":"Resolution Minerals Ltd (RML.AX) Drilling Program at Sunrise Gold Prospect Completed\n \n Adelaide, Australia (ABN Newswire) - Resolution Minerals Ltd (ASX:RML) (FRA:NC3) is pleased to announce that it has completed the Company's first drilling program on the Sunrise Gold Prospect at the 64North Project in Alaska. Drilling was conducted along an existing access road, targeting outcropping granite hosted mineralisation, analogous in style to Kinross's Fort Knox Gold Mine, which is one of Alaska's most profitable mines. The Sunrise Prospect was identified in 2020 by a RML trenching program and is located less than 5km from Northern Star's operating Pogo Gold Mine.\n \n \n Summary\n \n \n - A 1400m long \"fence line\" of 27 shallow RAB drill holes designed to test outcropping mineralisation at the Sunrise Prospect has been completed.\n \n \n - Encouragingly the drilling intersected granite (the target rock unit) in all holes.\n \n \n - Results are expected in four (4) weeks.\n \n \n - The 64North Project is located in the Tintina Gold Province (Alaska), which hosts giant size deposits such as Kinross's Fort Knox Mine of 13M oz Au endowment.\n \n \n - Resolution is fully funded for multiple drilling programs in Alaska and Australia testing gold and copper prospects following the recent $3.2 million capital raise.\n \n \n - The East Pogo drilling program is due to commence in late May.\n \n \n \"This is an exciting time for Resolution and its investors because the Sunrise Prospect is potentially a large intrusion hosted gold mineralisation system, analogous to the Fort Knox Gold Mine, which is one of Alaska's most profitable mines. If the drilling program at Sunrise proves successful in identifying this style of gold mineralisation it also opens up other look-a-like prospects across the 64North Project and demonstrates the potential for this under explored region to host multiple gold mines.\"\n \n \n - Managing Director, Duncan Chessell\n \n \n Drilling Program Details\n \n \n The reconnaissance program of a 1400m long \"fence line\" of 27 shallow RAB drill holes across at the Sunrise Prospect has been completed ahead of schedule. The program is drill testing beneath the outcropping mineralisation identified in the 2020 trenching program, for potential large-scale gold mineralisation near-surface. The program varied from the origina...