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Winshear Gold Channel Sampling Increases Coritiri Target to 360m x 1km at the Gaban Gold Project in Peru
VANCOUVER, British Columbia, June 04, 2020 (GLOBE NEWSWIRE) -- Winshear Gold Corp. (TSX-V: WINS) has received additional channel sampling gold assays from the C
About this update from Winshear Metals Corp.
[{"type":"text","content":" VANCOUVER, British Columbia, June 04, 2020 (GLOBE NEWSWIRE) -- Winshear Gold Corp. (TSX-V: WINS) has received additional channel sampling gold assays from the Coritiri Target within the Gaban Gold Project located in the Puno Orogenic Gold Belt (“POGB”) in south-eastern Peru. Gaban covers the juncture of the San Gaban and Inambari Rivers, which then drains into the Madre de Dios basin where alluvial gold mining covers a 700 square mile area (Figure 1). Gold assays from this latest batch of channel sampling have increased the size of the Coritiri Target to an area covering 360m x 1,000m. The target is open in all directions. Key Points 145 channel samples were collected from creek-side outcrops within the target area, making a total of 230 samples collected to date. Channel samples were typically one to two metres long, focused on quartz veinlets and veins from a few millimetres to 10 cm wide, commonly oriented subparallel to foliation of the enclosing slates and siltstones. Assays results of these samples define multiple mineralized structures within a 360m x 1,000m area, associated with a shear / deformation zone dipping to the southwest at approximately 40o. The current limits of the Coritiri Target are defined by the geographic limits of sampling, not by samples with no reportable gold grades, of which there are only 8 (3.5% of the total 230 samples in the two field campaigns). The zone is open in all directions. Gold-in-stream sediment anomalies to the northwest and southeast along the same 140o trend of the outcropping shear / deformation fabric indicate a target up to 9km long (Figure 2 and Figure 3). Of the 145 channel samples reported herein:° 13 samples returned between 1.0g/t Au – 5.26 g/t Au° 8 samples returned between 0.5 g/t Au – 0.99 g/t Au° 18 samples returned between 0.1 g/t – 0.49 g/t Au° 102 samples returned between 0.06 g/t Au – 0.099 g/t Au° 4 samples were below detection for gold (5ppb) Of the total 230 samples collected to date:° 23 samples returned between 1g/t Au – 15.75 g/t Au° 14 samples returned between 0.5 g/t Au – 0.99 g/t Au° 35 samples returned between 0.1 g/t – 0.49 g/t Au° 150 samples returned between 0.06 g/t Au – 0.099 g/t Au° 8 samples were below detection for gold (5ppb) Additi...