Business
Patriot Gold Reports on Windy Peak Gold Project Drilling Program
Patriot Gold Reports on Windy Peak Gold Project Drilling Program.
About this update from Patriot Gold Corp.
[{"type":"text","content":"LAS VEGAS, NV / ACCESSWIRE / March 4, 2019 / Patriot Gold Corp ("Patriot") (CSE:PGOL) (OTC QB: PGOL) today announced that it has completed an initial phase of drilling exploration at the Windy Peak Project in Churchill County, Nevada, commencing in September of 2018. The Windy Peak deposit is currently interpreted as a low-sulfidation, epithermal gold deposit located marginal to and likely associated with a caldera ring fracture zone. Intersections between ring fractures and regional normal faults in the Windy Peak Project area are particularly favorable exploration targets, as they offer the unique combination of fluid conduits and structural controls known to concentrate high-grade mineralization. Gold mineralization at Windy Peak is well documented, both through reported historic production of roughly 300 ounces in the 1970's and subsequent rotary drilling exploration carried out by a variety of operators in the 1980's and 1990's. Patriot's 2018 drilling program consisted of a single diamond drillhole, PG18-01, in the East Breccia target area, a zone of intense brecciation, silicification, and veining up to an estimated 600 ft wide along the East Breccia fault. The target area trends to the northwest for a strike length of roughly 2,500 ft and is truncated at either extent by faults; the Bonn fault to the northwest and the Windy fault to the southeast.The drillhole was designed at an azimuth of 225° and inclination of 45°, with the intent of intersecting the East Breccia fault in the vicinity of the inferred contact between two similar but discrete lithologic units: a densely compacted quartz-biotite-feldspar latite tuff (Tcl) in which the silicification and veining occurs, and an uncompacted, lithic-rich latite tuff (Tul) known from mapping to be receptive to silicification, and thus a potentially favorable host of disseminated gold mineralization. Due to extremely difficult drilling conditions in highly fractured, silicified bedrock, the hole was terminated at a depth of 759 ft, well short of the target depth of 1200 ft. Despite the abbreviated depth of the hole, the drilling returned positive results: From ground surface to a drillhole depth of 170.5 ft, drilling encountered strongly silicified, brecciated Tcl with low-grade gold mineralization, confirming similar results reported from previous RC drill...