Business
Eureka Provides Update of Activity
Vancouver, British Columbia--(Newsfile Corp. - September 14, 2017) - Eureka Resources Inc. (TS...
About this update from Kore Mining Ltd.
[{"type":"text","content":"Eureka Provides Update of ActivityVancouver, British Columbia--(Newsfile Corp. - September 14, 2017) - Eureka Resources Inc. (TSXV: EUK) (\"Eureka\") is pleased to provide investors with an update on Eureka's exploration activities primarily focused on mineral properties in the historic gold districts of the Klondike in the Yukon Territory and the Cariboo region of British Columbia.Summary of recent activityRecent accomplishments include the following:●   Announced positive results from the drilling program completed at Gold Creek in the Cariboo (News Release July 25,2017)o   Drill Hole #GC 17-035 included 1.25 m at 33.20 g/t Au o   Drill Hole # GC17-034 included 1.50 m at 17.95 g/t Au;●   Announced a follow up geochemical and mapping program for Yukon projects in September 2017 (News Release August 30, 2017);●   Added new claims to Yukon and CKN Properties (News Release July 11, 2017);●   Completed an extensive geophysical program on Yukon properties (News Release (May 1, 2017); Gold Creek Results2017 diamond drilling has confirmed the gold mineralized structures in the Camp zone strike E-W to WNW-ESE and extend eastward from the Paquette Valley. Gold mineralization to date has been found either within highly Fe-carbonate, sericite, and silica altered and pyritic fault zones or within fractured quartz-carbonate-pyrite veined greywacke and andesite tuff units in close proximity to larger fault zones. The strongest gold mineralization encountered to date occurs within vertical to near vertical sheeted quartz-carbonate-pyrite veins hosted predominantly within greywacke units which strike along a WNW-ESE trending zone that has currently been traced for approximately 300 metres. This zone remains open towards the east and to depth. Drilling to date demonstrates that the Camp zone contains multiple high grade, near vertical gold rich zones which range from 1 to several metres of estimated true width. These high grade zones are contained within a similarly-oriented lower grade gold halo of typically of or greater than 5 metres true width, relatively soft, weakly metamorphosed sedimentary rock units which are believed to be amenable to common stope mine extraction techniques.Yukon Geophysics and Field workResults of the...