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South Atlantic Gold Trenches 23m of 0.94 Au g/t at Pedra Branca; Additional Mineralized Zones Identified
(TheNewswire) TheNewswire - Dec 9 th , 2020 - ...
About this update from South Atlantic Gold, Inc.
[{"type":"text","content":"South Atlantic Gold Trenches 23m of 0.94 Au g/t at Pedra Branca; Additional Mineralized Zones Identified\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n TheNewswire -\n \n \n \n \n Dec\n9\n \n \n \n \n th\n \n \n \n \n , 2020 -\n \n \n \n \n SOUTH ATLANTIC GOLD INC.\n(TSXV:SAO)\n \n \n \n (“\n \n \n \n South Atlantic”\n \n \n \n or the “\n \n \n \n Company\n \n \n \n ) is pleased to announce preliminary results from its maiden\ndrilling, trenching and geologic mapping program at the Company’s\nPedra Branca Project, located within the Troia Greenstone Belt in\nCeará, Northeast Brazil. The first 68 trench samples have been\nreceived from the analytical laboratory.\n \n \n \n \n HIGHLIGHTS\n \n \n \n \n Exploration is currently on-going and is planned to\ncontinue through Q1 2021. Additional assays are pending and will be\ncompiled along with the historical data for Pedra Branca into a\nconsolidated database.\n \n \n \n \n The highlights of the first assays are as follows\n(\n \n \n \n Figure\n1\n \n \n \n ):\n \n \n \n \n \n \n - Igrejinha Target (Trench Results\nPB-TR-006)\n \n \n : 23 meters (“m”) of 0.94 grams\nper ton (“g/t”) gold (“Au”), including 4m of 3.22 Au g/t.\nIgrejinha is one of our main Targets alongside Coelhos and Queimadas,\nthis entire area comprises part of the tenements under the mining\nconcession process in Brazil. A total of 646m of RC drilling has been\ncompleted in this area and these samples have been sent to the\nlaboratory for assay.\n \n \n \n \n - Bombeiro Target (Trench\nResults)\n \n \n : Bombeiro is in the northern area of\nour tenement package. This area is newly identified with several\nmineralized intercepts, located approximately 3.5km north of Igrejinha\nTarget. It shows the potential magnitude of the extension of\nmineralization. With gold grades higher than 0.3 g/t, this area will\nrequire follow-up in subsequent exploration programs at Pedra\nBranca.\n \n \n \n \n \n \n In an effort to validate the historical results and\nprovide better confidence in the sample assay QA/QC, the historical\ncores are being re-assayed, with suitable duplicates and standard\nsamples sent to an independent geological assay laboratory.\n \n \n \n \n Despite the Covid-19 restrictions, the Company’s\nexploration program remains on...