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Hemlo Explorers Commences Diamond Drilling at Project Idaho
TORONTO, July 11, 2023 (GLOBE NEWSWIRE) -- Hemlo Explorers Inc. (the “Company”) (TSXV: HMLO) is pleased to announce it has commenced drilling at its Project Ida
About this update from Rocky Shore Gold Limited
[{"type":"text","content":" TORONTO, July 11, 2023 (GLOBE NEWSWIRE) -- Hemlo Explorers Inc. (the “Company”) (TSXV: HMLO) is pleased to announce it has commenced drilling at its Project Idaho, located approximately 2 km east of Generation Mining’s Marathon Palladium-Copper Project (“Marathon Pd-Cu Project”) near Marathon, Ontario. Highlights: Diamond drilling has begun at Project Idaho to test a number of targets over a 3-kilometre NS-trending strike length Targets were chosen to intersect VTEM anomalies that occur at depth, which correspond to surface Pt, Pd, and Cu mineralization and Coldwell Complex intrusives Targets also coincident with a magnetic signature similar to that of the Eastern Gabbros at the neighbouring Marathon Pd-Cu Deposit within the Coldwell Complex This is the Company’s maiden drill campaign on Project Idaho, which has not seen any drilling since 1985. Phase 1 of the drill program targets several VTEM anomalies that occur at depth along a 3-kilometre NS-striking magnetic trend. Drill holes have been planned to intersect the VTEM anomalies, many of which occur near the inferred boundary between the Coldwell Complex to the west and the Archean volcanics to the east. Surface exposure of these rocks displayed chaotic, brecciated textures with visible sulfide mineralization. Grab samples returned anomalous values of Platinum, Palladium, Gold, and Copper. The diamond drill targets are within a 3-kilometre NS-trending zone featuring a magnetic signature analogous to the Eastern Gabbros at the Marathon Pd-Cu Deposit, roughly 2-kilometres to the west. The drill sites are also coincident with favourable regional structural features related to Coldwell Complex magmatism. Targets are relatively shallow, averaging roughly 180m depth. The Company has invested significant efforts over the past twelve months to develop these drill targets, by compiling historic geological, geophysical, and geochemical data and incorporating novel exploration results from the 2022 field season as well as the airborne VTEM survey completed in 2022. “We believe we have the potential to discover a significant mineralized system similar to the Marathon Pd-Cu project,” said Brian Howlett, President and CEO of Hemlo Explorers. “We are excited to be drilling the western side of Project Idaho close to a neighbouring deposit in virgin ground.” Technical Information Dr. Lesley ...