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Benton Resources and Sokoman Minerals Commence Diamond Drilling Grey River JV Project, Southern Newfoundland
Phase 1 Program Approximately 2,000 metres Thunder Bay, Ontario--(Newsfile Corp. - October 12...
About this update from Pirate Gold Corp
[{"type":"text","content":"Benton Resources and Sokoman Minerals Commence Diamond Drilling Grey River JV Project, Southern NewfoundlandPhase 1 Program Approximately 2,000 metresThunder Bay, Ontario--(Newsfile Corp. - October 12, 2021) - Benton Resources Inc. (TSXV: BEX) (\"Benton\") and Sokoman Minerals Corp. (\"Sokoman\") (TSXV: SIC) (OTCQB: SICNF) (jointly \"the Alliance\") are pleased to announce that Phase 1 diamond drilling has commenced at the Grey River JV gold project (the \"Project\") on the south coast of Newfoundland. The Project is targeting high-grade gold mineralization similar in style to the Pogo gold deposit in the Tintina Belt of Alaska.Grey River Project: Proposed Oct 2021 Drilling on 1VD Airborne Mag & VLFTo view an enhanced version of this graphic, please visit:https://orders.newsfilecorp.com/files/3657/99368_4a75206634245820_003full.jpgThe Project is centered on the community of Grey River, a deep-water, ice-free harbour on the south coast of the Island of Newfoundland, 32 km to the east of the town of Burgeo, and 38 km southeast of the Golden Hope JV gold project. The Alliance's claims straddle a deep-seated, east-west trending, ductile shear zone that separates a large enclave of Late Precambrian amphibolite, gabbro, metasediments, felsic metavolcanics and mafic orthogneisses from a batholith-scale, syn-kinematic suite of Siluro-Devonian granitoid rocks. The east-west shear zone at Grey River, and parallel structures immediately offshore, are fundamental crustal breaks along which metal-rich, mid- to late-Devonian granites were emplaced, along the southern coast of the Island. Rocks in this area of southwestern Newfoundland are unusually enriched in Au, Mo, Cu, W, F and Bi. A 5 km- by 10 km-long area within, and adjoining the property, is particularly metal-rich, hosting: multiple mesothermal/intrusion-related Au-rich (+/- Bi-Ag-Sb-Pb-Zn) quartz veins a porphyry Mo-Cu deposit (Moly Brook) a vein-type wolframite-rich W deposit (Grey River #10) a diffusely bounded, high-purity, locally auriferous, silica deposit (Gulch Cove) Each appears to be associated with features in the regional aero magnetics and are also reflected in regional Government lake-sediment geochemistry coverage. The primary focus of the Alliance's exploration is quartz-vein-hosted, structurally controlled / intrusion-related, high-grade Au (+/- Ag, Bi, Sb) in bo...