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Pelangio Exploration Commences Drilling at Dalton Property, Timmins Ontario

TORONTO, ON / ACCESSWIRE / July 14, 2020 / Pelangio Exploration Inc. (TSXV:PX)(OTC PINK:PGXPF...

articlePelangio Exploration Inc.July 14, 20205/company/pelangioexploration/news/pelangio-exploration-commences-drilling-at-dalton-property-timmins-ontario
Pelangio Exploration Commences Drilling at Dalton Property, Timmins Ontario

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[{"type":"text","content":"Pelangio Exploration Commences Drilling at Dalton Property, Timmins OntarioTORONTO, ON / ACCESSWIRE / July 14, 2020 / Pelangio Exploration Inc. (TSXV:PX)(OTC PINK:PGXPF) (\"Pelangio\" or the \"Company\") is pleased to announce the commencement of phase 2 drilling on the Dalton Property consisting of 800 meters of diamond drilling to test two significant targets. The Dalton Property is located approximately 1.5 km southwest of Newmont's Hollinger open pit operation. The Hollinger Mine is the largest gold mine in the Timmins Camp with historical production in excess of 19.3 million oz of gold (see Figure 1 below)*.Pelangio's CEO Ingrid Hibbard commented, \"We are pleased to initiate our second phase of drilling on the Dalton Property close to one of the largest gold producers in the Timmins Camp. We recently completed additional geophysical surveying over the soil geochemical anomalies to evaluate higher priority targets. This phase 2 drilling program is designed to evaluate strong gold, silver, and zinc soil geochemical anomalies with coincident geophysical targets along the eastern and northern extremities of this under-explored and overburden covered property.\"Priority TargetsThe main focus of the phase 2 program, is to evaluate two coincident soil geochemical and induced polarization (\"IP\") anomalies in heavily overburden covered areas of the property. Government mapping and very limited exposure demonstrates that the proposed target areas are hosted within the prospective Tisdale Volcanic package which hosts numerous gold mines in Timmins.The first priority target area is a very broad IP anomaly that is approximately 300 meters in width. The anomaly is associated with a strong gold soil anomaly in the center of the target and a broad but weaker silver soil anomaly across the entire IP anomaly. A fence of three holes will be drilled across the anomaly to test both strong chargeability and resistivity responses.The second priority target is a moderate IP chargeability anomaly with the strongest gold soil anomaly response on the property. A single hole is planned to evaluate this target.Recap of Previous Exploration by PelangioExploration to date on the Dalton Property has been focused on the eastern section of the property underlain by favorable Tisdale Group volcanics and structure typically associated with the gold mines i...

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