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Magna Terra Discovers New Gold Zone Over 800-Metre Strike and Expands the Rattling Brook Deposit - Intersects 1.30 g/t Gold Over 16.5 Metres - Great Northern Project, Newfoundland
Broad Gold Zones - 1.27 g/t gold over 17.3 metres within a zone grading 0.72 g/t gold over ...
About this update from Magna Terra Minerals Inc
[{"type":"text","content":"Magna Terra Discovers New Gold Zone Over 800-Metre Strike and Expands the Rattling Brook Deposit - Intersects 1.30 g/t Gold Over 16.5 Metres - Great Northern Project, NewfoundlandBroad Gold Zones - 1.27 g/t gold over 17.3 metres within a zone grading 0.72 g/t gold over 128.5 metres (61.5 to 190.0 metres; True Thickness 45 metres)Drilling confirms gold-bearing fault zones with several targets to be drilled in 2022Surface sampling includes assays up to 14.7 g/t goldTORONTO, ON / ACCESSWIRE / February 8, 2022 / Magna Terra Minerals Inc. (the \"Company\" or \"Magna Terra\") (TSXV:MTT) is pleased to announce that it has received assay results from its recently completed drilling program at the Rattling Brook Deposit (the \"Deposit\") on its 100% owned Great Northern Project (\"Great Northern\"), located in western Newfoundland (see news release dated November 22, 2021). Drilling consisted of 10 drill holes (JA-21-124 to 133) totalling 1,253 metres (the \"Drill Program\") and was designed to test potential geological controls on gold mineralization by northwesterly trending faults (Exhibit A and B). The Company has also received assays from a mapping and 79-sample prospecting program (\"Surface Sampling Program\") conducted along the same northwesterly striking fault zone referred to as the Apsy Feeder Zone.The Drill Program resulted in the discovery of a new zone of gold mineralization, confirming that northwesterly trending faults form favourable hosts to gold deposits. Specifically, gold mineralization was intersected 150 metres northwest of the Rattling Brook Deposit within the Apsy Feeder Zone, both expanding the deposit and confirming the presence of gold mineralization within the fault structures (Exhibit C and D). Further, the Surface Sampling Program resulted in 32% of rock grab samples** being anomalous in gold, including assays up to 14.7 grams per tonne (\"g/t\") gold and demonstrates along with previous sampling that gold mineralization within the Apsy Feeder Zone continues at surface over 800 metres of strike length (Exhibit A).Highlight gold intersections (see Table 1 below) from the Drill Program include:1.30 g/t gold over 16.5 metres (151.0 to 167.5 metres; Estimated True Thickness \"TT\" 7 metres) in drill hole JA-21-131;1.64 g/t gold over 9.7 metres (9.0 to 18.7 metres; TT 9 metres), including 16.60 g/t gold over 0....