Business
Evrim Expands Footprint of Astro Gold System with New Showing and Initial RC Drill Results
VANCOUVER, BC / ACCESSWIRE / September 5, 2019 / Evrim Resources Corp. (TSX.V:EVM) (“...
About this update from Orogen Royalties Incorporation
[{"type":"text","content":"Evrim Expands Footprint of Astro Gold System with New Showing and Initial RC Drill ResultsVANCOUVER, BC / ACCESSWIRE / September 5, 2019 / Evrim Resources Corp. (TSX.V:EVM) (“Evrim” or the “Company”) is pleased to announce exploration results from its Astro Project in the Northwest Territories (“NWT”). The Astro project is a new gold discovery within a ten kilometre long structural corridor along the Yukon-NWT border and the product of two seasons of generative exploration with a wholly-owned subsidiary of Newmont Goldcorp Corporation (“Newmont Goldcorp”). Evrim and Newmont Goldcorp started project work at Astro in June and have completed a mag/VTEM survey, detailed geologic mapping, chip-channel and talus fine sampling and an eleven-hole reverse-circulation (“RC”) reconnaissance drilling program.Exploration HighlightsVertical chip-channel sampling at the Radio prospect returned 3.3 grams per tonne (“g/t”) gold over 26 metres (including 12.5 g/t gold over 6 metres) across magnetite-pyrite skarn and overlying siltstone. Drill hole RAD19-01 intersected 1.36 g/t gold over 10.7 metres including 3.13 g/t gold over 3.05 metres.Additional chip-channel sampling at the Microwave prospect returned 3.6 g/t gold over 18 metres (including 7.2 g/t gold over 6 metres) and 3.1 g/t gold over 8 metres from trenches oriented normal to northwest-striking fractures;Ultraviolet (“UV”) is a new discovery one kilometre southeast of the Radio prospect and hosted within a similar stratigraphic horizon. Rock chip channels perpendicular to bedding returned 6.1 g/t gold over 4.0 metres.Drill hole GAM19-01, tested the northern end of a 1.2 kilometre long soil anomaly and returned 1.04 g/t gold over 6.1 metres including 2.65 g/t gold over 1.5 metres.A helicopter magnetics/VTEM survey has outlined a series of structurally controlled magnetic anomalies underpinning previously identified surface showings and gold-in-soil anomalies over a strike length of 9.5 kilometres.“Evrim completed a substantial amount of work at Astro this season, and results continue to highlight a structural corridor of gold prospects extending for at least ten kilometres,” commented Evrim’s VP of Exploration, Dave Groves. “The RC scout drilling program focused pri...