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Great Thunder Plans Great Dane Exploration Adjacent to Osisko’s Black Dog Project
Victoria, British Columbia (FSCwire) - Great Thunder Gold Corp. (TSXV: GTG) is pleased to announce that its flagship project in the Urban-Barry greenstone belt
About this update from Newfoundland Discovery Corp
[{"type":"text","content":"Victoria, British Columbia (FSCwire) - Great Thunder Gold Corp. (TSXV: GTG) is pleased to announce that its flagship project in the Urban-Barry greenstone belt has been named the Great Dane Project. Management’s review and interpretation indicates that its 2017 exploration plans have the potential to extend the productive greenstone units south from Osisko Mining Inc.’s Black Dog Project through Souart and into Maseres Township. Significantly, the volcano-sedimentary units are interpreted to be folded and Great Thunder’s Great Dane Project has about two kilometres of cross sectional width of the central part of the fold nose. Great Thunder’s President, Kevin Whelan, said, “This is exciting, considering Great Thunder’s proximity to Osisko’s Black Dog gold project, the nature of the gold mineralization within the Black Dog Deposit in conjunction with the gold copper mineralized boulders previously identified within 150 metres of our claim group.” Osisko reported gold in till results of 85 – 340 grains gold per 10 kg till marginal to Osisko’s Black Dog Project, which prompted Great Thunder to option the Great Dane Project. These highly anomalous gold in till values are located over an area that could represent a broad fold nose within the Urban-Barry greenstone Belt. The Black Dog Project is reported by Osisko to be a gold-silver-copper discovery in andesitic volcanics that is coincident with magnetic and electromagnetic anomalies and disseminated to semi-massive Au-Ag-Cu bearing sulfides. In January, Osisko indicated that targeting EM anomalies has had success in their exploration efforts on the Black Dog Project. A report entitled “Report on a Combined Helicopter borne Electromagnetic, Magnetic, Radiometric and VLF-EM Survey, DELAFON PROJECT, March 10, 1993” filed with the Quebec government identified a significant conductive trend with associated electromagnetic anomalies. Quebec government-filed work report GM55916 Report on 1998 Drilling Program describes the “long formational conductive/magnetic horizon which extends 10 km SSW from the edge of the Urban-Barry Belt to Lac Delafond where it bends sharply SSE passing 100m north of the two mineralized boulders.” The boulders mentioned above were described as “Brecciated, gneissic, pyrrhotitic iron formation recemented by pyrite and chalcopyrite, one of the boulders contained arse...