West Red Lake Gold starts drilling at West Red Lake
2016-06-09 10:53 ET - News Release
Mr. John Kontak reports
RLG COMMENCES EXPLORATION DRILLING TARGETING THE STRUCTURAL INTERSECTION POTENTIAL - RED LAKE GOLD DISTRICT
West Red Lake Gold Mines Inc. has commenced drilling on the company's 3,100-hectare West Red Lake project located in the Red Lake gold district, 20 kilometres west of Balmertown, Northwestern Ontario, Canada.
Drilling has commenced to explore the structural intersection target area. The purpose of the drill program is to continue to follow the regional scale Pipestone Bay-St. Paul deformation zone (PBS zone) toward the intersection with the NT zone. The intersection of two regional-scale gold-bearing structures creates the potential for larger-scale gold deposition in association with geological folding and fracturing typically found where two structures intersect.
The PBS zone is a regional-scale east-west-trending geological structure which hosts multiple high-grade gold zones including the gold zones at the Rowan mine, which is situated on strike and approximately one km west of the structural intersection. The NT zone trends northeast from the boundary with the property to the south for a distance of two km and then intersects with the PBS zone. Previous drilling in 2010 and 2011 located one km to two km from the structural intersection identified multiple high-grade gold zones at the NT zone. The area of the NT zone between the previous drilling and the structural intersection remains unexplored.
Drilling has started in the area of hole RLG 15-24, which was reported on March 15, 2016, and successive drill holes will move progressively to the east over a distance of approximately 700 metres. The first 400 metres of strike length lead up to the location where the two regional gold-bearing structures intersect. The initial holes are planned to be drilled to the north from surface with depths ranging from 100 metres to 250 metres below surface.
The company property is situated on the Red Lake Archean greenstone belt which hosts the high-grade gold mines of the Red Lake gold district. The PBS zone strikes east-west across the 12 km length of the property and then continues east toward the town of Red Lake. A second regional gold-bearing structure, the NT zone, trends on to the property from the southwest, and then trends toward and intersects with the PBS zone approximately one km east of the Rowan mine zones. Twenty km to the east a similar geologically important intersection of two regional gold-bearing structures occurs proximal to the world-class Red Lake mine and Campbell mine, providing a highly favourable geological model and illustrating the significant exploration potential for high-grade gold zones on the company's West Red Lake project.
The information presented in this news release has been reviewed and approved by Ken Guy, PGeo, a consultant to West Red Lake Gold and the qualified person for exploration at the West Red Lake project as defined by National Instrument 43-101.
We seek Safe Harbor.
© 2016 Canjex Publishing Ltd. All rights reserved.
|
Thread abonnieren
ETF-Sparplan