Business
Gold79 Returns 19.52 g/t Au over 3.7m From the Sheep Trail Mine Area at its Gold Chain Project and Presents the Gold Chain Project Virtual Tour
Ottawa, Ontario--(Newsfile Corp. - June 8, 2022) - Gold79 Mines Ltd. (TSXV: AUU) (OTCQB: AUSVF...
About this update from West Point Gold Corp.
[{"type":"text","content":"Gold79 Returns 19.52 g/t Au over 3.7m From the Sheep Trail Mine Area at its Gold Chain Project and Presents the Gold Chain Project Virtual TourOttawa, Ontario--(Newsfile Corp. - June 8, 2022) - Gold79 Mines Ltd. (TSXV: AUU) (OTCQB: AUSVF) (\"Gold79\" or the \"Company\") is pleased to announce that it has completed additional mapping and sampling at the Sheep Trail Mine Area within its Gold Chain project, located in northwest Arizona. Additionally, the Company has completed a virtual tour video of the project, providing an overview of the project and its potential. Click here to start your tour (https://youtube/jbbtqC5wmG8).Cannot view this video? Visit:https://www.youtube.com/watch?v=jbbtqC5wmG8Highlights from these results include:6.0m of 3.96 g/t gold (composite of samples 752-754)7.0m of 5.06 g/t gold (composite of samples 755-757)3.7m of 19.52 g/t gold (composite of samples 758-759)This sampling program focused on the Sheep Trail patented claim block (113.15 acres) and followed up initial sampling focused on the numerous small pits and mine dumps which revealed multiple high-grade sample results. The results reported below reflect chip-channel samples collected from widely mineralized outcrops spatially proximal to the initial results and likely reflect source material. All recent sample results from the Sheep Trail area are presented in Table 1 below.Mr. Derek Macpherson, President & CEO, stated, \"These new results from our Sheep Trail block, and in particular the Golden Elbow zone, continue to support our view that Sheep Trail could deliver a high-grade resource from surface. While more surface work is warranted, some of these targets are drill ready and we hope to test them later this year.\" Mr. Macpherson continued, \"We encourage current and potential investors, to take the time to view the Gold Chain virtual tour video as it demonstrates why we are so excited about the scale of this project.\"Drill Targets IdentifiedFigure 1 provides a view of the Sheep Trail geology mapped by Gold79's geologic staff along with rock samples collected to date. Gold mineralization is mostly hosted in the Miocene rhyolite dike complex near contacts with the hosting Precambrian granite. The primary structural corridor here is the Sheep Trail ledge (fault zone) where historical mining has occurred. Figure 1 clearly shows a bend in the...