Current drilling outcomes verify a high-grade gold system inside an space that measures as much as 800 metres in size, 400 metres in depth, with three sub-parallel buildings that stay open in all instructions.
Gap GS-24-181 and gap GS-24-183-W1 intersected three separate high-grade intervals of the Supercell system. Highlights are under:
Gap GS-24-181:
- SC-1A: 2.0 metres at 9.02 g/t gold equal, together with 8.97 g/t gold, 3.73 g/t silver and 0.01% copper;
- SC-1B: 3.0 metres at 11.05 g/t gold equal, together with 8.28 g/t gold, 126.50 g/t silver and 1.21% copper; and
- SC-1C: 6.0 metres at 5.31 g/t gold equal, together with 5.02 g/t gold, 3.32 g/t silver and 0.21% copper.
Gap GS-24-183-W1:
- SC-1A: 6.0 metres at 6.76 g/t gold equal, together with 6.44 g/t gold, 26.62 g/t silver and 0.04% copper;
- SC-1B: 6.3 metres at 13.89 g/t gold equal, together with 4.25 g/t gold, 224.59 g/t silver and 5.96% copper: and
- SC-1C: 9.0 metres at 5.12 g/t gold equal, together with 5.08 g/t gold, 1.24 g/t silver and 0.02% copper.
“An unlimited quantity of financial potential exists for increasing the scale of the identified three Supercell buildings in addition to the doable discovery of extra gold-silver-copper buildings throughout the Goldstorm deposit and peripheral to it, “ stated CEO Ken Konkin.
“Amongst our highest priorities is the outlining of two to 3 million ounces of high-grade gold throughout the Supercell-One complicated; this could be a serious pivotal level for the Treaty Creek challenge.”
The Goldstorm deposit has an indicated useful resource of 27.9 million oz. gold equal at 1.19 g/t (21.7 million oz. gold at 0.92 g/t, 2.87 billion lb. copper at 0.18% and 128.3 million oz. silver at 5.48 g/t) and an inferred useful resource of 6.0 million oz. gold equal at 1.25 g/t (4.9 million oz. gold at 1.01 g/t, 503.2 million lb. copper at 0.15% and 29.0 million oz. silver at 6.02 g/t).
The sources are calculated with a pit-constrained cut-off of 0.7 g/t gold equal and an underground cut-off of 0.75 g/t gold equal. The deposit stays open in all instructions, requiring additional exploration to find out its full extent.
CS-600 has an indicated useful resource of 15.7 million oz. gold equal at 1.22 g/t (10.0 million oz. gold at 0.78 g/t, 2.7 billion lb. copper at 0.31% and 73.5 million oz. silver at 5.71 g/t), and inferred useful resource of two.9 million oz. gold equal at 1.20 g/t (1.9 million oz. gold at 0.79 g/t, 475.6 million lb. copper at 0.29% and 13.4 million oz. silver at 5.63 g/t).