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Pelangio Exploration Intersects New Gold Zone on Dome West Property, Timmins Ontario
TORONTO, ON / ACCESSWIRE / June 13, 2019 / Pelangio Exploration Inc. (PX:TSX-V; OTC PINK:PGXP...
About this update from Pelangio Exploration Inc.
[{"type":"text","content":"Pelangio Exploration Intersects New Gold Zone on Dome West Property, Timmins OntarioTORONTO, ON / ACCESSWIRE / June 13, 2019 / Pelangio Exploration Inc. (PX:TSX-V; OTC PINK:PGXPF) (\"Pelangio\" or the \"Company\") is pleased to report the previously announced 543 meter diamond drill program (see Pelangio news releases April 22 and May 29, 2019) on the Dome West property in Timmins, Ontario, achieved its objective.HIGHLIGHTS Intersected a mineralized interval that returned 3.21 g/t gold (\"Au\") over 1.25 metersincluding a higher grade intercept of 4.754 g/t Au over 0.75 meters Confirmed the presence of seven new quartz veins within known prospective stratigraphy extending from the Dome and Paymaster mines Some of these quartz veins are proximal to numerous altered porphyry intrusives\"We are truly excited and encouraged by the results of this initial 543 meter drill hole. It represents our first pass in evaluating the prospectivity of the Dome West property. We are particularly pleased with the intersection of seven separate veins, two of which returned gold values and the presence of visible gold. With these results, we plan to extend the diamond drill program to further evaluate the P1 target area in the upcoming winter months\", commented Ingrid Hibbard President and CEO of Pelangio.Pelangio's Dome West property is located within the main Timmins camp approximately 800 meters west of the Dome super pit and approximately 500 meters northwest of the former Paymaster shaft. (see Map 1) Pelangio completed a single 543 meter drill hole on the property, representing the first and deepest hole on the property since the late 1930's. The purpose of the recent hole (DW1901) wasto evaluate the strike extension of a prospective porphyritic intrusive sill interpreted to extend from the former Paymaster Mine (P1 target see Map 2) andalso test for potential new vein systems in prospective stratigraphy extending from the Dome and Paymaster Mines.The gold intersection obtained during the recent drilling (3.21 g/t Au over 1.25 m) was associated with quartz stringers and up to 5% pyrite in a strongly altered leucoxene bearing mafic flow extending from 407.00 to 476.75 meters. Also, of note, were two small specks of visible goldobserved in a small vein at 260.75 to 260.87 meters; this vein was also hosted in an altered leucoxene bearing flow. Th...