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Recharge Resources Makes New Gold Discovery at Brussels Creek Project with Drilling Pending at the Pocitos Lithium Brine Project
Vancouver, BC - TheNewswire - June 6, 2023 - Recharge Resources Ltd. (“Recharge” or the “Company”) (RR:CSE) (RECHF:OTC) (SL50:Frankfurt) announced today that al
About this update from Uranium One Mining Corp.
[{"type":"text","content":"Vancouver, BC - TheNewswire - June 6, 2023 - Recharge Resources Ltd. (“Recharge” or the “Company”) (RR:CSE) (RECHF:OTC) (SL50:Frankfurt) announced today that all assays have been received on its fully-funded, spring drill program at its 100% owned Brussels Creek Gold-Copper-Palladium Project in Kamloops, BC, Canada. A new near surface discovery has been made of a gold zone from 25.75m to 29.25m (3.5m) assaying 5.08 g/tonne gold. The aim of the 900-meter NQ drill program was to test the potential for copper-gold mineralization similar to that present at the adjacent New Afton mine owned by New Gold Inc. NGD.V ($1.18 Billion Market Cap). The New Afton Mine occupies the site of the historic Afton Open Pit mine, which operated from 1977 to 1997. The present mine and concentrator facility commenced production in July 2012. The mine is a block caving operation. In 2021, the mine produced 52,542 oz Au and 61,700,000 lbs Cu. Fig. 1 Brussels Creek location and proximity to New Afton Mine Fig. 2 2019 sampling and 2023 drill hole locations CEO, David Greenway, summarised, “Recharge is pushing forward on all fronts with drilling at the Brussels Creek Copper-Palladium-Gold Project. Future work will zero in on large geophysical and geochemical anomalies near the new gold zone. Drilling is pending at the Pocitos lithium brine project and a Spring recon program now approved for the Georgia Lake Lithium project. “We thank Mr. Shearer and all those involved in the consultation and drill planning process. Recharge is committed to sustainable exploration and mining practices. This is a pivotal time for the Brussels Creek Project in BC, with the drill program successfully indicating a significant bedrock gold zone.” Brussels Creek Project The BC property is an early-stage exploration property, located approximately 24 kilometres west of Kamloops, and is immediately adjacent to New Gold’s New Afton mine. The property has 17 claims (66 cells) covering 1,350.43 hectares. The geological setting of the property is very similar to New Afton, a silica-saturated copper-gold alkalic porphyry-style deposit, as well as the Highland Valley, Mount Polly, Kemess and Galore Creek deposits. Recent field observations noted the presence of a substantial mineralized quartz-feldspar porphyry body intruding the overly...