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West High Yield (W.H.Y.) Resources Ltd. Drilling Intersects Visible Gold and Reports 1.5 Metre Assay Intervals from 12.8 g/t Au to 38.4 g/t Au, Mineralized Zones up to 18 Metres at Midnight Gold Claim
Calgary, Alberta--(Newsfile Corp. - August 30, 2022) - West High Yield (W.H.Y.) Resources Ltd....
About this update from West High Yield (w.h.y.) Resources Ltd.
[{"type":"text","content":"West High Yield (W.H.Y.) Resources Ltd. Drilling Intersects Visible Gold and Reports 1.5 Metre Assay Intervals from 12.8 g/t Au to 38.4 g/t Au, Mineralized Zones up to 18 Metres at Midnight Gold ClaimCalgary, Alberta--(Newsfile Corp. - August 30, 2022) - West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) (\"West High Yield\" or the \"Company\") is pleased to announce the presence of visible native gold in several drill core intervals from two of the first five holes and to present highlights of its initial round of Au-Ag assay results from the 2022 6,500 metre exploration drilling program (the \"2022 Program\"). The 2022 Program is ongoing at the Company's Midnight Gold claim (\"Midnight\") located in the Rossland Gold Camp area, British Columbia. The Rossland Gold Camp historically produced over 2.76 million ounces of recovered gold and 3.52 million ounces of recovered silver.The 2022 program is focused on identifying extensions to zones of known Midnight mineralization, areas with potential for targets within and peripheral to the OK and IXL historical mines, and deep targets below the known footprint of mineralization (see Press Releases of September 24, 2020 and December 30, 2021). Many promising drill targets were identified after review of the 1993-2010 drilling programs and historical workings. Figure 1 shows the distribution of the 2022 permitted and active drill collar locations relative to the 2006-2010 drilling. A total of 31 collar locations are fully permitted. Two drills currently are active on the seventh and eighth holes of the program with a third rig to be added in early September (Table 1).The current area of drilling is focused on the targets from surface to 200 metres depth located to the southeast and east of the historical high-grade Baker Vein within and peripheral to the Listwanite (quartz-carbonate-serpentine) zone (Figure 2) which straddles the east-northeast trending fault contact between the OK ultramafic intrusion and the Jurassic age andesite-dominant sequence to the north. The second drill is exploring deeper targets from 200 metres to more than 600 metres below the Baker Vein. Gold mineralization in the Rossland area is reported to depths exceeding 750 metres and several faults transecting the area are interpreted to have significant vertical displacement.\"We are excited to identify visible gol...