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Prosper Gold Corp. samples 32.6 g/t gold over 2.0 metres at Joe Vein – Golden Sidewalk – Red Lake, ON
VANCOUVER, British Columbia, Nov. 16, 2020 (GLOBE NEWSWIRE) -- Prosper Gold Corp. ("Prosper Gold" or the "Company") (TSXV:PGX) is pleased to report assay result
About this update from Prosper Gold Corp.
[{"type":"text","content":" VANCOUVER, British Columbia, Nov. 16, 2020 (GLOBE NEWSWIRE) -- Prosper Gold Corp. (\"Prosper Gold\" or the \"Company\") (TSXV:PGX) is pleased to report assay results from the 2020 channel sampling program at the Joe Vein, located 850 metres south of the historical Bathurst Mine on the Golden Sidewalk Project (the “Project”) in the Birch-Uchi region of Red Lake. The Golden Sidewalk is a district scale gold exploration project covering over 160 square kilometres of contiguous mineral claims, mining leases and patents. (see the company's Aug. 10, Sept. 8 and Sept. 15, 2020, news releases for details). “The Joe Vein trench is the first of several historical prospects sampled over the course of Prosper Gold’s 2020 reconnaissance program. Several prospects were sampled and mapped, and we look forward to releasing those results in the coming weeks.” commented Peter Bernier, CEO. “We are also awaiting till survey results and are gearing up for an aggressive 2021 exploration season including diamond drilling.” Table 1. Channel sampling results at Joe Vein trench (center of trench at 377,721 E / 6,106,031 N, UTM NAD 83 zone 15). Trench ID Channel ID From (m) To (m) Interval (m) Gold (g/t) Sample type Joe Vein A 0 0.5 0.5 0.096 Saw-cut channel Joe Vein A 0.5 1.5 1.0 0.005 Saw-cut channel Joe Vein A 1.5 2.5 1.0 0.009 Saw-cut channel Joe Vein A 2.5 3.5 1.0 1.51 Saw-cut channel Joe Vein A 3.5 4.5 1.0 4.31 Saw-cut channel Joe Vein A 4.5 5.5 1.0 1.96 Saw-cut channel Joe Vein A-1 0 1.0 1.0 58.1 Saw-cut channel Joe Vein A-1 1.0 2.0 1.0 7.17 Saw-cut channel Joe Vein B 0 1.0 1.0 0.078 Saw-cut channel Joe Vein B 1.0 2.0 1.0 0.082 Saw-cut channel Joe Vein B 2.0 3.0 1.0 0.47 Saw-cut channel Joe Vein B 3.0 4.0 1.0 0.022 Saw-cut channel Joe Vein B 4.0 5.0 1.0 0.067 Saw-cut channel Joe Vein B 5.0 6.0 1.0 2.64 Saw-cut channel Joe Vein B 6.0 7.0 1.0 0.016 Saw-cut channel At the Joe Trench, strongly sheared massive and pillowed basalts belonging to the Narrow Lake Assemblage host numerous sulphide-bearing quartz veins up to 4 metres in width. Sulphides observed include pyrite, pyrrhotite, arsenopyrite and rare galena. Historical exploration in the immediate area has reported localized molybdenum and visible gold. Geological mapping of the trenched area hosting the Joe Vein(s) shows some important features that reflect two significant deformation events in ...