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Canadian Orebodies Commences Field Season at Wire Lake in Preparation for Drilling in July
TORONTO, ONTARIO--(Marketwired - June 19, 2017) - Canadian Orebodies Inc. (the "Company") (TSX VENTURE:CORE) is pleased to announce the completion of the first
About this update from Rocky Shore Gold Limited
[{"type":"text","content":"TORONTO, ONTARIO--(Marketwired - June 19, 2017) - Canadian Orebodies Inc. (the \"Company\") (TSX VENTURE:CORE) is pleased to announce the completion of the first phase of drilling at the North Limb property, and that field work at the Wire Lake Project has commenced. At the North Limb Property, the Company drilled 7 broadly spaced holes totaling 1,423 metres on a variety of individual targets concentrated within the western half of the Property, with assay results pending from the laboratory. Due to wet ground conditions during spring break-up, the Company elected to complete the remainder of the proposed drill holes on the eastern portion of the Property later this year. At the Wire Lake Project, which includes both the Wire Lake and Black Raven properties, the Company is preparing for a busy field season and recently completed the installation of a 16-person camp at Wire Lake, which will be used for much of the ensuing year. The Company has completed a 34 line kilometre OreVision IP survey which was performed by Abitibi Geophysics that covered the known 2,300 metre gold bearing zone (the \"Wire Lake Gold Zone\") and extended the historical survey area 300 metres along strike to the north and south. Preliminary results from the survey have identified numerous priority targets that will be evaluated in conjunction with field work to generate targets for the summer drill campaign. The Wire Lake Gold Zone ranges in width from several metres to over 70 metres wide. It is characterized by moderate to intense alteration (silicification, carbonatization, biotitization and sericitization) within predominantly mafic volcanics. Sulphide content (pyrrhotite, pyrite, +/- arsenopyrite and sphalerite) usually ranges from 1-3% but can locally be up to 10%. Visible gold has been rarely observed, and where is does occur it is usually associated with quartz stringers and veinlets. Since the end of May, the Company has had prospecting teams working throughout the Wire Lake and Black Raven properties. Additionally, company geologists are performing detailed geological mapping along the Wire Lake Gold Zone, and a trenching crew was mobilized to the Wire Lake Property in early June. To date, six trenches that were mechanically stripped by a previous operator have been cleaned off and are in the process of being channel sampled. The trenching program...