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Canadian Orebodies Completes Smoke Lake Drilling and Commences Sampling Historic Core
TORONTO, April 12, 2019 (GLOBE NEWSWIRE) -- Canadian Orebodies Inc. (the “Company”) (TSXV:CORE) is pleased to announce that it has completed its previously anno
About this update from Rocky Shore Gold Limited
[{"type":"text","content":" TORONTO, April 12, 2019 (GLOBE NEWSWIRE) -- Canadian Orebodies Inc. (the “Company”) (TSXV:CORE) is pleased to announce that it has completed its previously announced drill program to explore for the extension and potential additional high-grade gold-bearing veins in the Smoke Lake Gold System (“SLGS”) on the Black Raven property (see press release dated February 22, 2019). This drill campaign consisted of 10 holes totaling approximately 1,305 metres, with a majority of the holes drilled off ice pads located on Smoke Lake. Management was particularly pleased with the drilling program and looks forward to receiving the assay results. All drill core has been cut and shipped to Activation Laboratories Ltd. in Thunder Bay, ON for preparation and assay, and results will be press released once interpreted. The Company has also commenced an extensive re-logging, sampling and digitization program to interpret the geological controls on the distribution of gold in the Wire Lake Gold System (WLGS). The sampling program will focus on alteration zones that went unrecognized in past exploration activities. The Wire Lake Gold System extends over a strike length of 3 km and has a complex and protracted history of tectonic deformation, gold mineralization, hydrothermal alteration and magma injections. The historic and 2017 drilling revealed that the WLGS consists of broad zones of gold mineralization in a volcanic sequence characterized by an alteration package which is not visually evident. An on-going review of the sampling patterns in the historic holes completed in the WLGS has revealed that sampling of the core did not occur in areas now recognized as zones of potential gold mineralization. The objectives of the sampling program are to confirm if zones of significant mineralization have gone undetected and to develop a better understanding of the geological and structural controls of the gold mineralization. The company anticipates that a better geological understanding of the mineralization footprint and controls of the WLGS will lead to new and improved exploration targets with the expectation of expanding the mineralized zones and lead to the discovery of new zones of higher-grade mineralization. Analytical methods and Quality Assurance/Quality Control (QA/QC”) Measures Canadian Orebodies has implemented a quality-control program to com...