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Canadian Orebodies Significantly Increases High Grade Super G Vein Results With Screen Metallic Assays and Provides Wire Lake Project Exploration Update
TORONTO, Sept. 19, 2018 (GLOBE NEWSWIRE) -- Canadian Orebodies Inc. (the “Company”) (TSXV:CORE) is pleased to announce a significant increase in grade of the hi
About this update from Rocky Shore Gold Limited
[{"type":"text","content":" TORONTO, Sept. 19, 2018 (GLOBE NEWSWIRE) -- Canadian Orebodies Inc. (the “Company”) (TSXV:CORE) is pleased to announce a significant increase in grade of the historical Super G Vein drill core by limited check assaying with metallic screen fire assay and provide an update on its 2018 field work which commenced in June and continues at the Company’s Wire Lake project, which includes the Black Raven, Goodchild, Sprucejack, and Wire Lake properties. Highlights: Check assaying of historic intercepts using fire assay metallic screen from the high-grade Super G Vein showed an average 31% increase in gold grade. Discovery of several new showings with samples assaying up to 16.4 gpt Au. Advancing 2017 discoveries to establish targets for fall drilling. Super G Vein Check Assaying The Super G Vein was discovered by Hemlo Gold Mines Inc. in 1993. High-grade visible-gold bearing, quartz vein float boulders on the north shore of Smoke Lake returned grab samples assaying up to 32.3 gpt Au. Follow-up work led to the discovery of surface samples which produced bonanza grades up to 846.40 gpt Au and 570.00 gpt Au*. Drilling by Entourage Metals Ltd. in 2011-12 returned assay results of 44.57 gpt Au (uncut) over a drilled width of 2.38 metres* and defined a narrow but locally high-grade quartz vein system over a strike length of 400 metres and to a depth of 130 metres. Limited check assaying using metallic screen fire assay of historic intercepts from the Super G Vein have significantly increased gold grades by an average of 31%, based on 9 samples grading greater than 1.00 gpt Au, including one interval in historical drill hole BR-12-18 which was upgraded from 14.10 gpt Au over 0.38 meters to 23.90 gpt Au over 0.38 meters, representing a 70% increase. Exploration Update Prospecting teams have been active on the Wire Lake project since early June executing the Company’s 2018 exploration program with the initial objective to advance some of the discoveries made during the 2017 exploration program to a drill stage (see Press Releases dated December 13, 2017 and March 1, 2018). Later phases of the 2018 exploration program have shifted to cover other unexplored or underexplored areas of the Wire Lake project with the objective of making additional discoveries that would warrant follow up work to generate additional drill targets for 2019...