Business
West Kirkland Identifies New Target at Gold Mountain Using Hasbrouck Deposit Model, Tonopah, Nevada
VANCOUVER, British Columbia, Jan. 29, 2018 (GLOBE NEWSWIRE) -- West Kirkland Mining Inc. (TSXV:WKM) (“West Kirkland”, “WKM” or the “Company”) is pleased to anno
About this update from West Vault Mining Inc
[{"type":"text","content":"VANCOUVER, British Columbia, Jan. 29, 2018 (GLOBE NEWSWIRE) -- West Kirkland Mining Inc. (TSXV:WKM) (“West Kirkland”, “WKM” or the “Company”) is pleased to announce a significant new gold and silver target, at or near surface, on the newly acquired 100% controlled Gold Mountain mining claims near Tonopah, Nevada. From peak to peak, Gold Mountain is located only 1.6 km east of Hasbrouck hill. The objective of WKM’s exploration program in the district is to add gold resources and reserves near the Company’s existing reserves that are within easy trucking distance to the Company’s planned and permitted heap leach processing facilities. The Gold Mountain target was identified by analyzing historic samples along existing, long road cuts with assay values at or better than Hasbrouck reserve grades. Through the December, 2017 lease agreement with Tonopah Divide Mining Company, WKM acquired an extensive historic exploration database. Utilizing the acquired data base along with field samples and observations, WKM mapped the bedding of known structures and completed a three-dimensional geological model for the Gold Mountain area of property. The Hasbrouck Technical Report1 summarizes one of the key ore controls at Hasbrouck as follows: “Stratigraphic control, whereby the porous volcaniclastic units are preferentially mineralized, is prevalent throughout the deposit, but is especially evident in many of the moderate-grade zones…” Comparison of WKM’s three-dimensional model for Gold Mountain to the flat bedded controls for part of the known reserves on the adjacent Hasbrouck hill demonstrated the potential for a relatively flat lying, thick and near surface deposit at Gold Mountain. WKM’s analysis also determined that some historic drilling did test the flat lying, gold bearing zone that now forms the target identified by WKM. At the time of the historic road cut sampling and drilling in the 1980’s and 1990’s, the flat bedded host rock control of gold mineralization in the area was not well recognized or understood. Gold prices were also lower, causing exploration at the time to be focussed on high grade targets. From the database WKM found 1608 feet (490 meters) of road cuts into Gold Mountain that have the gold and silver assay values reported below. A series of 20 foot (7m) con...