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Winston Gold Intersects 1 foot of 2.87 oz/ton Gold Near Intersection of Parallel and Custer Vein Systems
Winston Gold Intersects 1 foot of 2.87 oz/ton Gold Near Intersection of Parallel and Custer Vein Systems.
About this update from Winston Gold Corp.
[{"type":"text","content":"WINNIPEG, MB / ACCESSWIRE / April 14, 2021 / Winston Gold Corp. ("Winston Gold" or the "Corporation") (CSE:WGC)(OTCQB:WGMCF) is pleased to announce that its ongoing underground drilling program has intersected more high-grade gold near the projected intersection of the Parallel vein and the Historical Custer vein system at its Winston Gold Project near Helena, Montana.Hole W149 cut a 0.3 metre (1 ft) interval averaging 98.47 g/t gold (2.87 oz/ton Au) and 315.09 g/t silver (9.19 oz/ton Ag). This intersection was on the eastern end of the unmined edge of the Custer/Parallel structures.Winston Geologists believe that this high-grade interval is part of the same vein system that was intersected in two other previously announced holes; W126 (Refer to press release dated November 3rd 2020) and W1729 (See release dated March 1st 2017).Previously released underground drill hole W123 cut through the Parallel Vein and intersected 48.27 g/t gold (1.408 oz/ton Au) over 1.5 metres (5 ft) and included a 0.61 metre (2 ft) interval which averaged 119.28 g/t gold (3.479 oz/ton Au).Previously released surface drill hole W1729 intersected a 0.3 metre (1 ft) interval averaging 42.2 g/t gold (1.23 oz/ton Au) and 49.4 g/t silver (1.44 oz/t Ag) starting 102 metres down hole. This was hosted within a wider 0.9 metre (3 ft) interval averaging 14.98 g/t gold (0.437 oz/ton Au) and 18.18 g/t silver (0.53 oz/t Ag)."These three intercepts are right near the projected intersection of the Custer and Parallel vein systems, which may explain why this interval is exceptionally high-grade," commented Mr. Murray Nye, CEO and Director of Winston Gold. "The old timers, from what we can interpret from the historical reports, stopped mining both veins in this area because they were too narrow and low grade for them to make money on at that time since gold was just US$35 per oz."Historical records indicate that the old-time miners (pre 1950) identified the splay off the main Custer vein on the 4637 level and followed what Winston calls the Parallel vein for about 6 metres (20 ft) then stopped. They continued to mine the Custer vein for about another 36.5 metres (120 ft) then also stopped.Winston geologists believe that the Custer splays into two veins in this area as it intersects the Edna stock and that this splitting of the stru...