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Winston Gold Outlines New High-Grade Gold Vein
Winston Gold Outlines New High-Grade Gold Vein.
About this update from Winston Gold Corp.
[{"type":"text","content":"\n \n \n Winston Gold Outlines New High-Grade Gold Vein\n \n \nWinston Gold Outlines New High-Grade Gold Vein\n \n WINNIPEG, MANITOBA--(Marketwired - Jan 23, 2017) - Winston Gold Mining Corp. (\"Winston Gold\" or the \"Corporation\") (CSE:WGC)(OTCQB:WGMCF) is pleased to announce that it has been able to outline a high-grade gold vein which could be amenable to underground mining.\n \"New drill results, outlined below, combined with earlier reported assays from the Edna Trend released in December (press release Dec 13th 2016) indicate that we have outlined a potentially minable vein which we are calling the Edna-West Vein,\" stated Murray Nye, CEO and Director of Winston Gold Mining. \"The steeply dipping Edna-West vein currently has a strike length of 407 ft. (124 metres) and a vertical extent of up to 150 feet (45.7 metres). Our next step will be to further define the vein with the goal of sighting an exploration adit to access it.\"\n The key drill intercepts that outline the vein include:\n \n \n W1633 intersected 2.3 ft. averaging 1.3 ounces per ton (opt) or (44.57 grams/tonne) gold. (Press Release Dec 13, 2016).\n W1635 cut 4.8 ft. averaging 0.303 opt (10.39 g/t) gold. (Press Release Dec 13, 2016).\n W1647 hit 4 ft. averaging 0.226 opt (7.75 g/t) gold.\n W1650 intersected 1 ft. averaging 0.427 opt (14.64 g/t) gold. \n \n \n The Historic Edna mine produced ore from North-East oriented flat veins (dipping minus 20 degrees to the Northwest) and steep veins (dipping minus 60 degrees to the Northwest). The new Edna-West Vein is oriented in an East-West direction and dips steeply to the North at an angle of about minus 75 degrees.\n \"We believe the Edna-West vein may be a late-stage mineralized vein that is younger than the both the Edna and Custer vein systems. As a result, it may continue eastward past the point where it intersects the Custer vein,\" commented Mr. Nye. \"The vein remains open for expansion at depth and along strike to the East and also to the West for a few hundred feet where it's most likely cut off by a significant regional fault.\"\n Holes W1646, W1647 and W1648 were drilled from Pad 8, located 300 feet (91.4 metres) west of the historic Edna Mine. Hole W1649 was drilled from Pad 7, a 100 ft. (30 metres) step-out to the west of Pad 8 and hole W1650 was drilled from Pad 6, another 100 ft. (30 metres) step-ou...