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GOLD79 Intersects 10.68 g/t Gold over 3.1m at Its Gold Chain Project in Arizona
Ottawa, Ontario--(Newsfile Corp. - November 2, 2021) - Gold79 Mines Ltd. (TSXV: AUU) (OTCQB: A...
About this update from West Point Gold Corp.
[{"type":"text","content":"GOLD79 Intersects 10.68 g/t Gold over 3.1m at Its Gold Chain Project in ArizonaOttawa, Ontario--(Newsfile Corp. - November 2, 2021) - Gold79 Mines Ltd. (TSXV: AUU) (OTCQB: AUSVF) (\"Gold79\" or the \"Company\") is pleased to announce additional results from its recently completed 16 hole drill program at the Gold Chain project in western Arizona. The remaining 12 holes (852 meters) highlighted in this release were focused on the northwestern-most 2 kilometers of the 10 km North Oatman trend which includes the historical Roadside mine and the Banner mine to the southeast (Figure 1).HighlightsDrilling along the Red Hill Ledge within the Banner claim block was highlighted by:3.1m of 10.68 g/t Au beginning 33.5m below the surface (GC21-08) and;13.7m of 2.56 g/t Au beginning at 1.5m below the surface (GC21-10).Drilling at the Roadside mine prospect intersected 0.98 g/t Au over 21.3m starting 20 meters below the surface (GC21-03).Both prospects are considered highly prospective as they share a similar geologic environment along the approximately 10-kilometer North Oatman trend and are separated by about 2 kilometers of strongly altered and widely veined rhyolite dike complex.Figure 1. Gold Chain project area showing prospects and surface rock samples (gold)To view an enhanced version of Figure 1, please visit:https://orders.newsfilecorp.com/files/5717/101592_201caa6944e18a66_001full.jpgMr. Derek Macpherson, President & CEO stated, \"I consider our maiden drill program at Gold Chain to be a huge success. These results demonstrate economic grades over 2km of the 10km North Oatman trend. Our previously released results from Tyro (see Oct. 25, 2021, press release) returned broad zones of shallow mineralization at good grades.\" Mr. Macpherson continued, \"We plan to follow-up this drill program with additional drilling, further sampling, mapping along the trend and geophysics as we work towards generating a maiden resource at Gold Chain.\"Figure 2. Generalized geologic map (after Murphy and Faulds, 2013) of the Roadside - Banner mine area showing the Red Hill Ledge and drill holesTo view an enhanced version of Figure 2, please visit:https://orders.newsfilecorp.com/files/5717/101592_201caa6944e18a66_002full.jpgTable 1: Summary of Drill Holes GC21-01 to -05 (Roadside mine prospect) and GC21-06 to -12 (Banner mine). Target Hole No.&...