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Red Lake Gold Inc. Confirms the Presence of Historic Undrilled VMS Targets at Whirlwind Jack
VANCOUVER, BC / ACCESSWIRE / December 3, 2019 / Red Lake Gold Inc. (CSE:RGLD)(FWB:P11) ("Red Lake Gold" or the "Corporation") is pleased to confirm that its Whi
About this update from Red Lake Gold Inc
[{"type":"text","content":" VANCOUVER, BC / ACCESSWIRE / December 3, 2019 / Red Lake Gold Inc. (CSE:RGLD)(FWB:P11) (\"Red Lake Gold\" or the \"Corporation\") is pleased to confirm that its Whirlwind Jack Gold Project (the \"Whirlwind Jack Project\") situated near Red Lake, Ontario is host to a number of VMS targets identified by past operators that have not been drill tested and which provide additional exploration prospects for Red Lake Gold. \"Whirlwind Jack represents a district-scale tenure position with exciting independent and regionally-affiliated exploration opportunities. While we continue to dedicate the majority of our focus on the project's gold potential, we are pleased to confirm that Whirlwind Jack also offers compelling VMS exploration targets that have not been tested by the drill bit. We are continuing to compile historic data on the project, integrate this with results from our own field and airborne work and examine potential ways to cost-efficiently and concurrently align certain VMS targets into our ongoing exploration planning,\" stated Ryan Kalt, CEO of Red Lake Gold. The Whirlwind Jack Project and Past Exploration for Volcanogenic Massive Sulphide (VMS) Deposits The Whirlwind Jack Project comprises a large contiguous tenure holding that hosts areas which have been the subject of historic base metal exploration. In fact, prior to recent recognition of the region as a potentially significant gold exploration district, components of the Whirlwind Jack Project were among the first to be recognized in the region as having geological characteristics favourable for base metal exploration, specifically VMS deposits. Importantly, companies including Selco (operator of the past producing South Bay VMS deposit) and Noranda recognized the potential for base metals on tenure now contained within the Whirlwind Jack Project and conducted a variety of exploration work thereon targeting VMS mineralization. The work ranged from airborne geophysics through to selective target drilling. No single past operator controlled the extent of tenure now held by Red Lake Gold thereby hindering, in the Corporation's view, the ability to historically put together a regionally comprehensive model for base metal exploration informed by current exploration knowledge of the region and of course modern-day technology. Through a review of historic base metal work of ...