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Orefinders Identifies Potential for Additional Minto-style Deposits at Knight Gold Project
Orefinders Identifies Potential for Additional Minto-style Deposits at Knight Gold Project...
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[{"type":"text","content":"\n\n\n\nOrefinders Identifies Potential for Additional Minto-style Deposits at Knight Gold Project\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nTORONTO, Sept. 3, 2019\n\n\n\n\n \n TORONTO, Sept. 3, 2019 /CNW/ - Orefinders Resources Inc. (\"Orefinders\" or the \"Company\") (TSX.V: ORX) is pleased to announce that it has identified high priority targets via processing of an existing high-resolution magnetic-radiometric survey completed on its Knight Gold project in Ontario. These targets have been evaluated in conjunction with lithogeochemical arsenic anomalies, which together have identified numerous potential breccia pipes targets like that of the Minto which have yet to be investigated. \n\"Our objective to identify one or more additional high-grade gold breccia pipes like the Minto zone which is known to host extremely high-grade gold. It's well understood that breccia pipes tend to occur in clusters, and we suspect Minto is no exception, however their features can be difficult to locate. This new geophysical processing now clearly depicts the Minto pipe which gave us a baseline signature. We have since layered on its geochemical signatures to further prioritize our targets and we will be on the ground in the coming weeks to follow up on our findings,\" said Stephen Stewart, Orefinders' CEO.\nThe Minto Breccia Pipe\nThe Minto breccia pipe is approximately 40 metres in diameter on surface and extends down to beyond 1,000 metres in depth and forms the core of a larger, unmineralized breccia pipe that is over 100 metres in diameter. Past drilling has shown some of the highest gold grades in Canada, including \n18.2 gpt gold over 65.7 metres (Hole MC-09-02) 13.3 gpt gold over 82.5 metres (Hole MC-09-01)Breccia pipes like the Minto tend to cluster in districts. However, no other such breccia pipe was found in the Shining Tree area despite the well documented and widespread presence of breccia-type textures (J. Walker, pers. Comm, 2018) throughout the Breeze Lake Volcanics, which host the Minto pipe. \nThese new high-resolution geophysical images below ...