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Glacier Lake Completes First Pass 2017 Exploration Program at Silver Vista Property
VANCOUVER, British Columbia, Sept. 07, 2017 (GLOBE NEWSWIRE) -- Glacier Lake Resources Inc.(TSXV:GLI) (“Glacier” or the “Company”) has completed the 2017 first
About this update from Skeleton Coast Uranium Corp.
[{"type":"text","content":"VANCOUVER, British Columbia, Sept. 07, 2017 (GLOBE NEWSWIRE) -- Glacier Lake Resources Inc.(TSXV:GLI) (“Glacier” or the “Company”) has completed the 2017 first pass exploration program on the southern half of its Silver Vista property near Smithers, British Columbia. The multiple objectives of the first pass program were to verify access into the various parts of the property, locate the main showings and prospect favourable areas identified by Amarc Resources Ltd., during its 2012 through 2014 exploration programs. Access has proven to be no major issue through the southern part of the property, with several newer logging roads increasing access across the property. The main showing area was accessed, examined in detail and sampled, minimal repair is required to the road accessing the showing area. Initial prospecting of the southern property and the Amarc soil anomalies resulted in the collection of 28 float, chip and grab samples. The samples have been delivered to the ALS Minerals Laboratory in North Vancouver, BC for analysis. In addition, Glacier Lake added three claims totaling 1,238.7 hectares to the southern claim block to cover a zone of strongly altered sub-rounded to angular boulders discovered during the prospecting. Samples from this area have been submitted for analysis. The main “MR” showing area is dominated a 12 metre by 20 metre kill zone, devoid of ground cover vegetation. The MR, the focus of the upcoming drill program later this fall, is a clastic sediment-hosted, fine grained, disseminated copper silver zone. Historic exploration includes soil geochemistry, trenching and diamond drilling in an area of limited outcrop exposure: 2009 and 2012 soil geochemistry outlined a silver-in-soil anomaly approximately 1.5 by 2.0 kilometers around the MR prospect area. Six 1991 excavator trenches (highlighted an area 100 metres long by 17 metres wide, with three of the trenches intersecting mineralized bedrock: trench 2 – 10.5 metres at 0.22% Cu and 38 gpt Ag, trench 3 – 16.5 metres at 0.53% Cu and 74 gpt Ag and trench 4 – 15 metres at 0.53% Cu and 28 gpt Ag (reference - B.C. Assessment report 21609). Drilling in 1991 and 1992 consisted of fourteen drill holes totaling 1,252.5 metres and identified a semi-continuous zone 300 metres long by 50 metres wide by 3 to 150 metres deep with two of the holes ending in...