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Opus One Resources Receives Assays With High Grade Gold Values on a Refreshed Historical Trench at Win-Win Property, Near Chibougamau-Chapais, Quebec, Canada
MONTREAL, Jan. 17, 2018 (GLOBE NEWSWIRE) -- OPUS ONE Resources Inc. (the “Company” or “OPUS ONE”) – (TSX-V:OOR), is pleased to announce that the fall trenching
About this update from Opus One Gold Corporation
[{"type":"text","content":"MONTREAL, Jan. 17, 2018 (GLOBE NEWSWIRE) -- OPUS ONE Resources Inc. (the “Company” or “OPUS ONE”) – (TSX-V:OOR), is pleased to announce that the fall trenching program on the Ray Zone area of Win-Win property was successful and has returned high gold grades in channel samples where visible gold was found. The showing contains a narrow N080 oriented quartz vein and veinlet system hosted in a basalt unit of the Obatogamau formation. The historical trench was refreshed and extended over a 10 X 20 metre area, exposing a quartz vein that was traced over a length of 6.5 metres. Overburden thickness increases towards the east and west where the vein and structure is projected to extend. The quartz vein and stockwork system varied in width from 10 to 50 centimeters and is hosted in carbonatized basalt. The vein strikes N080 and is sub-vertical to north dipping. Historical drill hole GM-15 reported 3.23 g/t Au over 3.35m including 12.00 g/t over 0.30m (GM#39920-SIGEOM public database) ,is located approximately 20m west of the showing and seems to correlate with the same vein system. Historical work on the showing didn’t report any visible gold and the best channel sample result reported 2.8g/t over 0.3m (GM#42857-SIGEOM Public database). Channel samples were taken at 1 to 2 metres intervals across the mineralised zone, wherever possible. The following table is a summary of the best individual or composite assay results from 6 channels, totaling 21 individual samples oriented perpendicular to strike: Base Line Showing Channel # Weighted Avg g/t Au Length m Lithology 01 16.22 0.47 Quartz vein and stockwork 03 27.36 0.37 Quartz vein and basalt Visible Gold 04 50.95 0.33 Quartz vein and basalt Visible Gold 05 6.07 0.49 Quartz vein and basalt This surface showing is located at the east end of the historical Ray Zone that extends up to 275 metres to the northwest from the surface showing. Previous drilling on four sections along the Ray Zone intersected significant gold values however the nature of the mineralisation and structural control needs to be worked out. RAY ZONE AREA 2017 CHANNEL SAMPLING RESULTS SampleNumber Channel Length_m Au g/t Description 1479877 R-1 0,80 0,22 Basalt, dk green aph, mod Fol, wk Cb, Tr Py 1479878 R-1 0,80 0,09 Basalt, dk green aph, mod Fol, wk Cb, Tr Py 1479879 R-1 0,53 0,02 Basalt,...