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Searchlight Resources Samples up to 86 g/t Gold at Henning-Maloney Gold Target in Saskatchewan
Surface samples of 86.0 g/t and 61.0 g/t gold Drilling permitting underway for planne...
About this update from Searchlight Resources Inc.
[{"type":"text","content":"Searchlight Resources Samples up to 86 g/t Gold at Henning-Maloney Gold Target in SaskatchewanSurface samples of 86.0 g/t and 61.0 g/t gold Drilling permitting underway for planned 2021 drillingVANCOUVER, BC / ACCESSWIRE / January 6, 2021 / Searchlight Resources Inc. (\"Searchlight\" or the \"Company\") (TSXV:SCLT)(OTC:CNYCF) is pleased to announce the results of samples collected during site visits to the Henning-Maloney past-producing gold mine located in Saskatchewan, approximately 7 kilometres southwest of the Flin Flon Mining camp.During site visits to the Henning-Maloney mine area, a total of 13 grab and chip samples were collected and submitted for analysis (Table 1). The chip samples were collected from existing trenches and surface showings, including exposed quartz veins around the historic mining area.\"These excellent results indicate high grade gold on surface, particularly from outcrop and historic trenches, as Searchlight prepares to drill this area to verify the Henning-Maloney deposit, and to test the extension of the gold mineralization at depth\", stated Stephen Wallace, CEO.Permitting application for a near-term drilling program at Henning-Maloney is underway. Drilling will commence when permits are granted on the Henning-Maloney and Beatty South VMS targets.Table 1: Gold fire assay results for Henning-Maloney grab and chip samplesSample #Au g/tSample TypeComments 0291436.58Grab sampleTrench area, heavily rusted0291440.02Grab sampleQtz vein, pyrite in diorite - 50m west of Mine site0291450.38Grab sampleDeeply rusted pyrite - 50 m west of Mine site0291460.04Grab sampleMine site area, large quartz crystals, pyrite0291470.05O/C chipSurface quartz vein, pyrite02914861.00O/C chipSurface sample 2m from trench -Quartz vein0291490.07Trench chipHistoric trench quartz vein with pyrite02915086.00O/C chipFractured quartz, semi massive pyrite, rusted O/C4265510.97Trench chipHistoric trench chip - pyrite, po4265528.12Grab sampleMassive Quartz float, iron staining, pyrite4265530.02Grab sampleMassive Quartz float, minor iron staining374744.10Grab sampleMassive quartz, sulphides throughout374750.31O/C sampleMassive quartz, iron staining The Henning-Maloney Gold target is located approximately one kilometre south of the Company's flagship project, the Rio Gold Mine, and within the 49.9 sq. km Bootleg Lake claims. These claims ...