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Pelangio Intersects Prospective Vipond Stratigraphy at Dome West Project, Timmins, Ontario
TORONTO, ON / ACCESSWIRE / March 9, 2022 / Pelangio Exploration Inc. (TSXV:PX)(OTC PINK:PGXPF...
About this update from Pelangio Exploration Inc.
[{"type":"text","content":"Pelangio Intersects Prospective Vipond Stratigraphy at Dome West Project, Timmins, OntarioTORONTO, ON / ACCESSWIRE / March 9, 2022 / Pelangio Exploration Inc. (TSXV:PX)(OTC PINK:PGXPF) (\"Pelangio\" or the \"Company\") is pleased to announce that is has completed 1446.50 meters of diamond drilling in two holes at its Dome WestProject located 800 meters west of Newmont's prolific Dome Mine in Timmins, Ontario.Highlights:Both drill holes intersected substantial sections of the prospective Vipond stratigraphy known to host a significant portion of the gold bearing zones at the adjoining Dome and Paymaster Mines.The Vipond stratigraphy within the Pelangio holes had a number of prospective vein systems well mineralized with pyrite and tourmaline. The Vipond sections within the Pelangio drill core exhibited strong pervasive alteration.The Company's exploration efforts to date in conjunction with data from adjoining mines has demonstrated that Pelangio's Dome West property hosts a large portion of under explored Vipond stratigraphy with approximately 400 meters of strike length and extending at depth from approximately 300 m to a minimum of 1300 m below surface.A single drill hole completed by Pelangio in 2019 demonstrated the gold potential of this project with assay values of 3.21 g/t gold over 1.25 m including 4.754 g/t gold over 0.75 m.Ingrid Hibbard, President and CEO commented, \"The Dome West property is located just 800 meters from the second largest gold mine in the Timmins Camp. The recent drill program was designed to test for gold mineralization hosted in the Vipond Formation, interpreted from historical data plus our 2019 drill hole, to enter the property from approximately 300 meters vertical depth. The program successfully intersected large widths of Vipond stratigraphy in both holes with extensive alteration and several zones of quartz veining, however the assays for gold were negligible. With 400 meters of strike of prospective geology on the Dome West property and drilling to date effectively only testing one drill section, further drilling along strike is warranted to test for potentially economic mineralization.\"Dome West Property (See Figures 1 to 3)Dome West 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 mete...