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Walcott Resources Completes Interpretation of Results for Cobalt Hill Drill Targeting
Vancouver, British Columbia--(Newsfile Corp. - February 4, 2020) - Walcott Resources Ltd. (the "Company" or "Walcott") is pleased to announce that it has select
About this update from Megawatt Lithium And Battery Metals Corp.
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - February 4, 2020) - Walcott Resources Ltd. (the \"Company\" or \"Walcott\") is pleased to announce that it has selected trenching and diamond drill targets from the results of its compilation and interpretation of the exploration data received from its fall 2019 exploration program at its Cobalt Hill, gold-copper-cobalt Project. The field work consisting of geological mapping, prospecting, and soil and rock sampling focussed near the Roadside (\"B.P.\") Breccia Zone on the west section of the Property, the Meister and Marilyn gold zones in the central section and the High-Grade Zone area to the northeast. This work program was designed to follow up prior results (see NI 43-101 Technical Report on the \"Cobalt Hill Property\" for Walcott Resources Ltd., May 25, 2018 filed on SEDAR or the Company's website) in order to assist with diamond drill hole targeting for the upcoming 2020 field season. Field work was supervised by Susan Deane, P.Geo. The newly expanded Roadside Breccia Zone is a wide (900 X 280 metres) complex brecciated area located between megacrystic quartz monzonite to the south and quartzite to the north. Geological mapping was completed and 19 rock samples were collected over this area. Mineralization was observed in areas of alteration hosting massive sulphides containing gold, copper and cobalt values. Several historical small trenches and shafts were also discovered in the area. One grab sample from abundant rusty quartz float in a new road cut assayed 1.08 g/t Au and >100 g/t Ag. One grab sample from a large felsic intrusive breccia zone assayed 0.112% Cu and 101 ppm Co. Another grab sample consisting of massive sulphides, located 120 metres to the SW, assayed 0.523% Cu and 685 ppm Co. 450 metres to the NE, a grab sample of massive sulphides hosted in silicified quartzite assayed 0.172% Cu and 94 ppm Co. The Meister-Marilyn area was geologically mapped and 6 rock samples were taken. A grab sample collected near the Meister zone assayed 7.99 g/t Au and 5.4 g/t Ag. The sample was taken from a 2.0 metre wide quartz stockwork zone. This stockwork zone forms a ridge paralleling one of five distinctive draws running NNW to SSE. 500 metres SW of the High-Grade Zone area, a previously identified gold-in-soil anomaly has been expanded and now measures 250 X 400 metres. T...