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Canadian Metals Makes New High-Grade Gold Discovery Samples Grading up to 455.0 g/t Au at Goldstrike, NB, Canada*
MONTRÉAL, March 9, 2022 /CNW/ - Canadian Metals Inc. (CSE: CME) ("CME") is pleased to report final assays from its 2021 exploration campaign with the release of
About this update from Silver Acadia Exploration Inc.
[{"type":"text","content":" MONTRÉAL, March 9, 2022 /CNW/ - Canadian Metals Inc. (CSE: CME) (\"CME\") is pleased to report final assays from its 2021 exploration campaign with the release of the highest gold grade samples reported to date by the Company with selected grab samples* of 455.0 g/t Au, 85.6 g/t Au 76.9 g/t Au, 63.6 g/t Au, 36.9 g/t Au, 15.4 g/t Au, 14.8 g/t Au at Goldstrike Property from the new LG Discovery Zone. OTHER HIGHLIGHTS: The LG Discovery Zone is open in all directions. The high-grade samples reported today are part of 42 assay results received from the laboratory of which 30 samples reported more than 1 g/t Au. The LG Discovery Zone is located between the Clarinda and Arleau Zone (see Figure 1) and are all contained within the Goldstrike Gold Trend (GGT). The Goldstrike property includes two other historic zones: Clarinda and Arleau Zones with gold results. Clarinda with 15.8 g/t Au from outcrop, (Slam 1997, from 250 rocks samples collected, approximately 75% of them returned gold values ranging between 0.25 g/t Au and 5.11 g/t Au) and Arleau (historic sample prospection gave assays up to 27 g/t Au, 19 g/t Au, 10.46 g/t Au and trench give assays up to 2.40 g/t Au from outcrop from silicified quartz stockwork in rhyolite) (See Figure 1) Stephane Leblanc, President and CEO of Canadian Metals comments: \" It is amazing to see that every trench excavated along the Goldstrike Gold Trend (GGT) has discovered significant gold mineralization. The discoveries of these high-grade samples at surface is indicative of a large epithermal gold system.\" \"The recent trenching program in 2021 highlighted many prospective areas remaining untested along the main fertile contact between the altered rhyolite and the sediment units. We are thrilled to continue the stripping operations on the Goldstrike Gold Trend (GGT)\" adds Stephane Leblanc. THE LG DISCOVERY ZONE The LG Discovery Zone is located 800 meters NE of the Clarinda Zone and 2450 meters SW of the Arleau Zone where high-grade gold samples were collected and assayed during the 2020 exploration and trenching program. Historic bedrock samples grading up to 2.40 g/t Au at Clarinda have been observed in brecciated quartz veins at the contact between the sediments and the altered rhy...