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Showcase Minerals: Recent Geophysical Investigation Extends Gold Mineralization Targets at Dixie Flats-North Star Gold Project, Nevada
Calgary, Alberta--(Newsfile Corp. - October 30, 2023) - Showcase Minerals Inc. (CSE: SHOW) ("Showcase") is pleased to announce it has identified promising targe
About this update from Showcase Minerals Inc
[{"type":"text","content":" Calgary, Alberta--(Newsfile Corp. - October 30, 2023) - Showcase Minerals Inc. (CSE: SHOW) (\"Showcase\") is pleased to announce it has identified promising targets for extension of the known mineralization in the northwest portion of its Dixie Flats-North Star Gold Project. The interface of the Devils Gate Limestone and Webb Mudstone is the primary host of mineralization at Dixie Flats. Newmont Corporation's nearby Emigrant Springs Mine and Rain Mine hosted deposits in dissolution breccia zones at the contact between the Webb mudstone and the underlying Devils Gate limestone. Showcase refined the location of this interface through combined 3D analysis of a GTI NuSeis 2D active seismic survey completed in 2022, 10 Controlled Source Audio Magnetotelluric (CSAMT) lines and gravity surveys completed in 2017, and 53 previous drillholes containing stratigraphic information. Existing seismic surveys and CSAMT data highlights a broad area of interest for exploration. Analysis of these data alongside gravity data, drillhole intercepts of the Webb-Devils Gate interface, and geologic mapping highlight two primary structures cross cutting the region of known mineralization, as shown in figure 1. The NNE-SSW structure is along trend with Orla Mining Ltd.'s Dark Star Gold Deposit, as shown in figure 2. Showcase recently completed five CSAMT surveys for a combined length of 7.3 miles that were designed to target this region containing the largest gold intercepts in the project to date. This new geophysical compilation will refine the location of the mineralized structures and improve potential drill targeting in the next exploration phase of the project. About the Dixie Flats - North Star Gold Project: The Dixie Flats-North Star Property (the \"Property\" or \"Dixie Flats\") is located on the east side of the Piñon Mountains, 21 air-miles south of the City of Elko in northeast Nevada. It is a combination of two claim blocks, the Dixie Flats group of claims and the North Star group of claims. The Property is comprised of a total of 236 total unpatented mineral claims comprising 1,671 hectares on Federal land administered by the US Bureau of Land Management (\"BLM\"). The Property lies on the southern margin of the Carlin Trend, a northwest-trending belt of sediment-hosted gold deposits that makes up the greatest geographic concentration of go...