Comment
Author: Admin | 2025-04-28
Results from hole 24ODD-086 extend these zones up to 100 m and include 2.96 g/t Au over 19.4 m within rhyolite dykes in the northern volcanics, 3.78 g/t Au over 10.5 m in diorite dykes within the south sediments, and 1.28 g/t Au over 19.5 m within sheared sediments. Assays are still pending for the top portion of hole 24ODD-086 which intersected additional zones.Hole 24ODD-083 was one of four holes planned to test beneath the central part of the Wenot deposit. It cuts 150-200 m below hole 21ODD-001 and 150 metres west of 23ODD-064. The results significantly extend the mineralized zones intersected in those drill holes. These are very significant step outs for a gold deposit, but previous mining at Wenot and drilling results indicate good continuity, further demonstrated by these results. 24ODD-083 intersected four significant mineralized zones, including 10.93 g/t Au over 7.5 m and 1.93 g/t Au over 11.5 m within diorite dykes in the northern volcanics, 2.33 g/t Au over 17.7 m within a rhyolite dike in the volcanics, and 0.64 g/t Au over 26.5 m within the central contact QFP including a sub-interval of 1.05 g/t Au over 13.0 m.Holes 24ODD-079 and 24ODD-082 were drilled as scissor holes (-079 from the north and -082 from the south) at the east end of Wenot, where mining was limited to only the surficial saprolite. These holes cut below shallow historic drilling that intersected as high as 2.15 g/t Au over 10.5m, extending each of the mineralized zones to depth by 50-150 m. Hole 24ODD-082 intersected 3.19 g/t Au over 22.80 m including 7.04 g/t Au over 8.00 m in sheared sediments and volcanics at the central contact, 3.65 g/t Au over 4.50 m within the sediments, and 3.22 g/t Au over 3.90 metres within rhyolite dykes in the northern volcanics. Hole 24ODD-079 (from the north) intersected 1.89 g/t Au over 13.60 m including 2.78 g/t Au over 5.50 m within rhyolite dykes in the volcanics.Hole 24ODD-081 was drilled at the Snake Pond target following up high-grade at-surface mineralization where previous hole 23ODD-069, intersected 7.69 g/t Au over 9.5 m and 3.42 g/t Au over 15 m, and a 1994 Placer Dome hole intersected 6.9 g/t Au over 21.0 m. Snake Pond has the potential to be an early source of high-grade, at-surface mineralization. Hole 24ODD-081 has helped constrain the orientation but cut beneath the plunge of the high-grade zone. Additional drilling is planned for Snake Pond and for other known sub-parallel mineralized structures that extend out from the Gilt Creek intrusion.Hole 24ODD-080 drilled a geophysical induced polarization target northeast of Wenot without significant results. The Company completed a limited induced polarization survey on selected areas around Wenot in late 2023. The three best IP anomalies have now been tested by hole 24ODD-080, and previously announced holes 24ODD-072 and 24ODD-073.Drilling at Wenot continues to significantly expand the deposit below, to open-pit depths, as well as within the broad "gaps" in the previous resource drilling, and into the southern sedimentary
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