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High Cobalt Values in Stream Sediments on Pacifico Property; Fiji Property Gold Samples; Clone Property Returned
(via TheNewswire) January 6, 2020 - TheNewswire - Vancouver, BC - Silver Grail Res...
About this update from Silver Grail Resources Ltd.
[{"type":"text","content":"High Cobalt Values in Stream Sediments on Pacifico Property; Fiji Property Gold Samples; Clone Property Returned(via TheNewswire)\n\n \nJanuary 6, 2020 - TheNewswire - Vancouver, BC - Silver Grail Resources Ltd. (\"Silver Grail\") (TSXV:SVG) (OTC:SVGAF) is pleased to announce results from surface programs carried out over its properties in 2019.\n\n \n \nPacifico Property\n\n \n \nDetailed stream sediment sampling from four creeks located on the Company's wholly-owned Pacifico property on northern Vancouver Island have returned very anomalous values in cobalt and manganese. Highest cobalt value obtained was 1,152 ppm which is almost twice as high as the most anomalous stream/moss mat sample recorded in the BC Government Regional Geochemistry database compiled from surveys conducted throughout the province over the past 40 years (>64,000 samples--one of the highest samples in that database, 584 ppm, came from the Pacifico property). [Please refer to the end of the news release for a URL for the figure disclosing sample locations and values.]\n\n \n \nManganese values were equally anomalous. Five of the samples registered overlimits in excess of 50,000 ppm manganese and these had to be assayed resulting in values between 7.14 and 9.45%. To put these numbers in perspective, the peak manganese value in the >64,000 sample BC government database is 8.0%. \n\n \n \nA second area on the Pacifico property, 1.5km to the south of the area described above, was also surveyed by taking stream sediment samples. Seven samples from one creek averaged 352 ppm cobalt, a value which is also quite anomalous, falling within the 99.99 percentile in the BC database mentioned above. \n\n \n \nDino Cremonese, P.Eng., President of Silver Grail, commented as follows: \"These are outstanding numbers which suggest either a large, continuous, roughly north-south trending source is shedding these anomalies, or, alternatively, that there are multiple, discrete sources of undetermined size. More work needs to be done to hone in on the source areas. Such work will involve expanded geochemical surveys, prospecting and close-spaced, airborne geophysical surveys. Exploration on the Pacifico property can take place as early as March or April given the low-elevation and the relative light snowfall and it should also be noted that the property is readily accessib...