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C2C Gold Announces Visible Gold in Quartz Boulders at its Millertown Property, Newfoundland
VANCOUVER, British Columbia, Jan. 13, 2022 (GLOBE NEWSWIRE) -- C2C Gold Corp. (CSE: CTOC; OTCQB:CTCGF) (the “Company” or “C2C”) is pleased to announce the disco
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[{"type":"text","content":" VANCOUVER, British Columbia, Jan. 13, 2022 (GLOBE NEWSWIRE) -- C2C Gold Corp. (CSE: CTOC; OTCQB:CTCGF) (the “Company” or “C2C”) is pleased to announce the discovery of visible gold in quartz vein float at its Millertown property in the Central Newfoundland Gold Belt. The previously undocumented showing, now named the Atlas Zone, is easily accessible being located one kilometer from the Buchans Highway and 16 km south of the town of Badger. Visible gold was noted in quartz vein float samples that returned up to 5.37 g/t gold; The Atlas Zone lies 2.5 km southwest along strike with the Jaclyn gold deposit (owned and operated by Great Atlantic Resources Corp.); Metallic screen analysis of Atlas Zone rock samples is underway, and results of reconnaissance soil sampling are pending; The Atlas Zone is prioritized for follow-up fieldwork including drilling. Lori Walton, Chief Executive Officer of C2C Gold Corp., commented: “We are excited to announce the visible gold found on the northeast part of our Millertown property in Newfoundland’s Central Gold Belt. The easily accessible Atlas Gold Zone is a fresh discovery made late in the field season in an underexplored area with very limited outcrop. The presence of angular gold-bearing quartz vein float is an excellent indicator of potential buried gold mineralization and a priority area of interest for C2C in the 2022 season To view maps of C2C projects and the Atlas Zone please visit: https://bit.ly/3no41js. The Atlas Zone was identified as an area of interest based on C2C’s interpretation of regional geology, geophysical data, and proximity to known gold deposits. Recent logging, and a historic bush fire which removed vegetation and exposed a group of four large quartz vein boulders up to 1 m x 1 m x 0.5 m. An initial grab sample from the quartz boulder train returned 5.0 g/t gold. Follow-up prospecting in late November uncovered additional quartz vein boulders. In one of the boulders specks of visible gold, trace arsenopyrite, and pyrite are distributed within a narrow alteration halo along crack-seal surfaces. The quartz boulders at the Atlas Zone were discovered within a 200 m wide, south-southwest trending corridor extending from Great Atlantic Resource Corp.’s Jaclyn Main Zone quartz veins. The Jacklyn Main Zone has an Inferred Resource of 357,500 tonnes at 10.4 g/t gold containing...