Business
Mistango River Resources Announces beginning of its 5,000 Metre Phase 2 Drill Program at the Kirkland West Gold Project
TORONTO, Nov. 9, 2021 /CNW/ - Mistango River Resources Inc. ("Mistango" or the "Company") (CSE: MIS) is pleased to announce that the 5,000 metre Phase 2 drillin
About this update from Stardust Metal Corp.
[{"type":"text","content":" TORONTO, Nov. 9, 2021 /CNW/ - Mistango River Resources Inc. (\"Mistango\" or the \"Company\") (CSE: MIS) is pleased to announce that the 5,000 metre Phase 2 drilling program at its 100%-owned Kirkland West Gold Project, adjacent to Kirkland Lake Gold's Macassa Mine near Kirkland Lake, Ontario, is now under way. Drilling began on October 17 and approximately 1,600 metres have been completed thus far in two drill holes. The Phase 2 program in the Baldwin Zone is designed to test a new exploration target area that was recently identified as the result of integrated 3-D geological and geophysical modeling and data-driven machine learning applied to exploration targeting. The modeling exercise resulted in the identification of an interpreted extension of the Main Break fault structure that is associated with high-grade gold mineralization in the Kirkland Lake camp, about 6,000 metres to the Northeast of the newly identified target zone (Figure 1). A total of 6 diamond drill holes have been planned and were designed to test a zone of apparent structural complexity where a significant jog would be present along the Main Break as well an East-Northeast trending second-order fault structure that would be linked to the principal Main Break structure. The planned drill holes are shown in blue in Figure 1. The structurally complex zone was identified as highly prospective by the machine learning exercise (Figure 1). Approximately 200 samples have thus far been delivered to the assay lab and all results are pending. Mistango is looking forward to reporting results from the drilling program in the coming weeks. Further Technical Detail Additional information on the Kirkland West Gold Project can be found here. Phase 1 exploration drilling was focused on the Baldwin Zone where 7,014 metres, representing 18 drill holes, had been completed prior drilling being paused on April 30, 2021 due to difficult ground conditions in the locally rugged terrain arising from an early and rapid spring thaw (News Release dated May 4, 2021). The structural and geophysical modeling and the exploration targeting that used data-driven machine learning were performed for Mistango by Mira Geoscience, of Montreal. Figure 1 shows a horizontal slice through the 3-D prospectivity model that resulted from the machine learning exercise, at a vertical dept...