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Ophir Gold Corp. Engages Cabo Drilling Corp. for the 2021 Drill Program at Breccia Gold Property, Idaho, USA
Vancouver, British Columbia--(Newsfile Corp. - March 16, 2021) - Ophir Gold Corp. (TSXV: OPHR...
About this update from Ophir Metals Corp
[{"type":"text","content":"Ophir Gold Corp. Engages Cabo Drilling Corp. for the 2021 Drill Program at Breccia Gold Property, Idaho, USAVancouver, British Columbia--(Newsfile Corp. - March 16, 2021) - Ophir Gold Corp. (TSXV: OPHR) (FSE: 80M) (OTC Pink: KPZIF) (\"Ophir\" or the \"Company\") is pleased to announce it has signed a contract with Cabo Drilling Corp. to carry out a minimum of 10,500 feet (~3,200 m) of diamond drilling at the Company's flagship Breccia Gold Property (the \"Property\"), located in Lemhi County, Idaho, USA. \"The inaugural drill program has been designed to test and confirm historically reported mineralization from drilling, expand upon the known gold mineralization associated with the Breccia Gold Zone, and to test new targets identified (generated/developed) from the 2019 and 2020 field programs,\" comments Shawn Westcott, Chief Executive Officer of Ophir. \"Of particular interest is the confirmation of the gold mineralized drill intersections of up to 100 ft (~30 m) historically reported from two drill holes completed in 1985.\"The Property was subject to some exploration in the mid- 1980's that included metallurgical testing and drilling, as well as surface and underground sampling. In 1987 a bulk sample of 4,621 tons of gold bearing material was collected from a bulldozer cut along a 200 ft (~61 m) section of the Breccia Gold Zone, north of the south adit. The material was reported to have had an average grade of 0.335 oz/t Au (~11.5 g/t Au). The Company cautions that the foregoing historical sampling results presented above were completed in the 1980's, prior to the implementation of National Instrument 43-101 - Standards of Disclosure for Mineral Projects (\"NI 43-101\") requirements. The Company's surface sampling completed in 2019 and 2020 (refer to the Company's news release of November 18, 2020), supports the high-grades reported historically, however a Qualified Person (as such term is defined in NI 43-101) has not completed sufficient work to classify these historic mineral results as current mineral results.Two drill holes completed in 1985 tested the zone at depth, north of the south adit. Although assay data for these holes is not available, inclined hole DH-1 is described to have intersected a 100 ft (~30.5 m) section of the Breccia Gold Zone, while vertical DH-2 continued within the Breccia Gold Zone for its entir...