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Pelangio Exploration Plans Drill Program for Dome West Project, Timmins Ontario
TORONTO, ON / ACCESSWIRE / April 13, 2021 / Pelangio Exploration Inc. (TSXV:PX)(OTC PINK:PGXP...
About this update from Pelangio Exploration Inc.
[{"type":"text","content":"Pelangio Exploration Plans Drill Program for Dome West Project, Timmins OntarioTORONTO, ON / ACCESSWIRE / April 13, 2021 / Pelangio Exploration Inc. (TSXV:PX)(OTC PINK:PGXPF) (\"Pelangio\" or the \"Company\") is pleased to announce that further evaluation and interpretation of data from the Dome West project has been completed in preparation for a planned drill program to commence in June or July, 2021. Permitting is well under way and no further delays are anticipated with respect to access to the project.Highlights:Highly prospective Vipond stratigraphy hosts a substantial portion of the gold mineralization at the Dome Mine and Paymaster Mine and crosses the Dome West property boundary from the Paymaster at the 1000-foot (304.8 meter) level;This is a significant target horizon that is untested on the Dome West project;Newly obtained historical data from underground drill intercepts grading 0.63 oz/ton gold over 6 feet (21.6 g/t gold over 1.82 meter (\"m\")) and 1.74 oz/ton gold over 6.5 ft (59.6 g/t gold over 1.98 m) from the adjoining Paymaster Mine along with government data was reviewed;This data demonstrates gold bearing feldspar porphyry intrusives potentially strike and dip on to the Dome West Property. (See Figures 1, 2, 3 & 4)Ingrid Hibbard President and CEO commented, \"In light of the promising data, we are looking forward to drilling these exciting targets at the Dome West project in Timmins. Within our strategic portfolio of gold projects, Dome West holds significant discovery potential for our shareholders.\"Dome West PropertyThe Dome West property is located in the main portion of the Timmins mining camp. It is comprised of 10 mining cells or 56 hectares of mineral rights located approximately 800 meters west of Newmont's Dome Mine and 450 meters northwest of the former Paymaster Mine. In March 2021, a more thorough review and compilation of data was completed. This review compiled historical level plan data from government reports and underground drill hole data from the adjoining former Paymaster Mine to plan future drilling on the Dome West project. The salient points from this review are as follows:Underground Paymaster Mine drill holes collared at the 1000-foot level (304.8 meter) of the mine to the east of the Dome West property boundary (See Figures 1 & 2) demonstrated the existence of a series of ...