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Zodiac Gold Continues to Report Positive Phase II Drill Results, Highlighting 14.67m at 1.33 g/t Au Including 3.00 m at 4.38 g/t Au and 11.00 m at 1.28 g/t Au
Toronto, Ontario--(Newsfile Corp. - April 9, 2024) - Zodiac Gold Inc. (TSXV: ZAU) (" Zodiac Gold ...
About this update from Zodiac Gold Inc
[{"type":"text","content":"Zodiac Gold Continues to Report Positive Phase II Drill Results, Highlighting 14.67m at 1.33 g/t Au Including 3.00 m at 4.38 g/t Au and 11.00 m at 1.28 g/t AuToronto, Ontario--(Newsfile Corp. - April 9, 2024) - Zodiac Gold Inc. (TSXV: ZAU) (\"Zodiac Gold\" or the \"Company\") is pleased to report additional positive results from its ongoing Phase II Drill Program consisting of assay results from three recently completed diamond drill holes at the Company's Arthington Target. The Arthington Target is positioned within an 18.5 km long district-scale mineralization trend and is one of the five high-priority, multi-kilometer drill-ready targets situated within the Company's 2,316 km2 Todi gold project (the \"Todi Project\") located in the Republic of Liberia, West Africa. In 2022, the Company completed a 3,465m Phase I Drill Program targeting an 800m strike at Arthington which intersected multiple intervals of gold mineralization in 20 of 22 holes including the highest-grade interval drilled to date: ADD007, which intersected 7.5 g/t over 9.65m from 87.35m. Phase II Drill Program Initial ResultsThe Company is currently conducting a 2,000m Phase II Drill Program at Arthington targeting the Garang Base, Red Hill, Deep Mine and Ambulai zones. On February 28, 2024, the Company reported positive results from the first three completed Phase II drill holes (ADD023, ADD024 and ADD025), including 9.14m at 4.20 g/t Au and 10.20m at 1.23 g/t Au, including 2.81m at 2.95 g/t Au. Today, the Company is pleased to report assay results from three additional drill holes (ADD026, ADD027, and ADD028) which successfully intercepted multiple intervals of shear zone-hosted gold mineralization confirming the down dip extension. ADD027 confirms the down dip extension of the mineralization observed in ADD024 (25.90m at 2.10 g/t Au) down to a vertical depth of 150m and ADD28 confirms the down dip extension of the mineralization observed in ADD003 (10m at 1.01 g/t Au) down to a vertical depth of 180m emphasizing strong potential for both down dip extension of mineralization and along the 1,000m strike including Garang Base and Red Hill zones, part of 4+km Arthington Target.These three drill holes (see below) revealed shear-hosted gold mineralization with intercepts cutting through multiple shallowly (~350- 450) dipping mineralized zones associated with shears ...