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Cortus Identifies Carlin-Type Gold Target at Its Whalen Project on Trend from Pinion and Dark Star Deposits in Eureka, Nevada
Edmonton, Alberta--(Newsfile Corp. - August 19, 2021) - Cortus Metals Inc. (TSXV: CRTS) (t...
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[{"type":"text","content":"Cortus Identifies Carlin-Type Gold Target at Its Whalen Project on Trend from Pinion and Dark Star Deposits in Eureka, NevadaEdmonton, Alberta--(Newsfile Corp. - August 19, 2021) - Cortus Metals Inc. (TSXV: CRTS) (the \"Company\", or \"Cortus\") is pleased to announce the completion of a 193 line-kilometer high-resolution RMI-RTP ground magnetic survey over the entirety of its Whalen Project (2,500 hectares), located 45 kilometers southwest of Gold Standard Venture's Carlin-type Pinion and Dark Star gold deposits in Eureka County, Nevada. Cortus has mapped faults that coincide with a distinct northeast structural trend identified by the ground magnetic survey. This type of trend is associated with gold mineralization in the region and, together with mapped silicification and jasperoid in outcrop, indicates excellent potential for Carlin-type mineralization at the Whalen Project.Figure 1. High resolution ground magnetic survey correlates magnetic lows with interpreted faultsTo view an enhanced version of Figure 1, please visit:https://orders.newsfilecorp.com/files/6646/93697_db8a770a84bedab9_001full.jpgCortus CEO, Sean Mager commented, \"Like the rest of our project portfolio, exploration results at Whalen clearly demonstrate the ability of our team to identify areas under shallow cover with excellent potential for significant discoveries in the basins of Nevada that are proximal to existing mines and known deposits in the ranges. Our methodology is leading to the systematic definition of drill targets at multiple locations. Cortus and its partners are well-positioned for continued success.\"Project Highlights Whalen is along trend from the Dark Star Deposit, which has a resource of 921,000oz Au (measured and indicated) and 56,000oz Au (inferred), and the Pinion Deposit, which has a resource of 544,000oz Au (measured and indicated) and 244,000oz Au (inferred), as reported by Gold Standard Ventures* The Dark Star and Pinion deposits are similar to Whalen in lithologies (Paleozoic sedimentary rocks) and important regional N-NE structural trendsWhalen features silicified outcrop with brecciation and jasperoid alteration occurring at the intersection of northeast and northwest fault systems Preliminary rock samples at Whalen yield up to 29,000 ppb silver and 93 ppb gold, similar to the Pinion deposit where silver exists in correlatio...