Business
Golden Wonder Project Geologist Reports Multiple Structures Remain Untested After Kinross Drilling Program
Golden Wonder Project Geologist Reports Multiple Structures Remain Untested After Kinross Drilling Program.
About this update from Lka Gold Inc
[{"type":"text","content":"\n\n\n\nGolden Wonder Project Geologist Reports Multiple Structures Remain Untested After Kinross Drilling Program\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nGolden Wonder Project Geologist Reports Multiple Structures Remain Untested After Kinross Drilling Program\nSome of the most promising targets identified by Kinross exploration program remain unexamined. Follow up drilling strongly recommended.\nPR Newswire\nGIG HARBOR, Wash., Nov. 9, 2017\n\n\n\nGIG HARBOR, Wash., Nov. 9, 2017 /PRNewswire/ -- LKA Gold Incorporated (OTCQB:LKAI) reports that Golden Wonder project geologist, Rauno Perttu, submitted his findings and recommendations to LKA management following the Kinross exploration program at the Golden Wonder mine.\n\nIn his report Mr. Perttu stated, \"The Golden Wonder property remains an exceptional exploration property. The 2014 Kinross surface program identified several strong exploration targets in areas where additional ore bodies, similar to the original bonanza-grade Golden Wonder ore chute, are likely hidden below alluvial cover and a thick veneer of andesite. The subsequent, limited, Kinross drilling in 2016 and 2017 (only five holes) focused on locating extensions of the original discovery ore chute and on a parallel structure nearby to the west.  Even if these targeted areas contain similar ore chutes, it would likely take several holes to intersect and define another ore body. Two of the Kinross drill holes intersected zones with telluride gold and silver mineralization, which may have been proximal to the next ore chute, but surprisingly, no follow-up drilling was done.\" \n\nReporting on further exploration potential, Mr. Perttu wrote, \"I believe that better, untested, targets for the next ore chute were located in Kinross's 2014 soils sampling program, in places where geologic mapping and historic workings identified excellent exploration targets. Two of these targets, the central part of the Horse Creek Fault and the Moose Lake Fault, lie to the north of the historic mine and of Kinross's drilling. Neither of these zones was tested. B...