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Golden Birch Outlines Recent Discovery at Keveri Project, called "Waki" Waki Located 1 km East of Omu
Waki Exhibits Characteristics of Tier 1 Porphyry Cu-Au Deposit Waki Discovery Yields Anomalous Cu and Au in Multiple Outcrops Assay Values from Separate Outcrop
About this update from Loyalist Exploration Limited
[{"type":"text","content":" Waki Exhibits Characteristics of Tier 1 Porphyry Cu-Au Deposit Waki Discovery Yields Anomalous Cu and Au in Multiple Outcrops Assay Values from Separate Outcrops Yield Up to 4.9% Cu & 15.5 g/t Au Exploration at Waki at an Early Stage and Results Not Representative TIMMINS, ONTARIO / ACCESSWIRE / March 25, 2020 / Golden Birch Resources Inc. (CSE:GBRX) (\"Golden Birch\" or the \"Company\") is pleased to provide detailed information on its recently discovered Waki Prospect (called \"Waki\") located east of the Omu Prospect. Highlights: Initial discovery of the Waki Prospect made by Golden Birch geologists in May 2019 Reconnaissance exploration by Golden Birch geologists yields visual copper mineralisation in float and outcrop 1 kilometre (\"km\") east of Omu Prospect Exploration results yield anomalous copper and gold, with best results to date from separate outcrops being 0.34% Cu and 15.5 g/t Au and 4.9% Cu and 0.05 g/t Au Assay values from selective rock float samples in drainages associated with Waki Prospect area yields values as high as 6.8% Cu and 15.45 g/t Au from separate samples Exploration at Waki is at an early stage and assay values from in situ outcrop and float samples are selective in nature and therefore not representative of the overall target at Waki. Further work is required before a representative grade for copper and gold can be determined for the Waki Prospect Waki Prospect has yielded anomalous copper and gold mineralisation in multiple in situ outcrops and selective float samples over an area of approximately 1.0 km north-south by 0.8 to 1.0 km east-west Wide spaced, reconnaissance soil survey yields anomalous and coincident copper (Cu), gold (Au) and molybdenum (Mo) values over a 400 metre (\"m\") to 600 m north-south by 800 m to 1000 m east-west area The Cu-Au-Mo anomalies are coincident with an airborne magnetic \"high\" anomaly Alan Martin, President of Golden Birch states, \"I am excited that our exploration team discovered a new prospect in our 2019 exploration program which has the potential to deliver new drill targets at the Keveri Project. When we signed the option agreement with the vendor in 2018, there was no geological information on the Waki Prospect. A common feature for some porphyry copper deposits is that they occur in clusters. It is exciting for the Keveri Project to now host two p...