Explorer Hits VMS-Style Mineralization Previously Unseen at Golden Triangle Project
Generally, the drill results showed gold mineralization in the North Boundary zone over about a 750 by 250 meter area that remains open at depth. Results also demonstrated a 500 meter (500m) mineralized corridor in the South Boundary zone that, too, is open, to the north and south and at depth.
Additionally, drilling encountered a zone at South Boundary's southern margins that exhibits characteristics of volcanogenic massive sulphide-style mineralization, one Aben has not previously seen in the Boundary Valley.
"This newly found occurrence could prove to be significant and is indicative of the strength of the hydrothermal system present at Forrest Kerr with the presence of high-grade mesothermal veins and widespread porphyry-style alteration and mineralization," President and CEO Jim Pettit said in the release. Aben will pursue it further with field work and potentially drill testing.
As for specific noteworthy drill results, hole 56 encountered several isolated mineralized horizons that returned a range of polymetallic mineralization. They included gold (trace to 3.08 grams per ton [3.8 g/t]), silver (trace to 5.1 g/t), copper (trace to 13,550 parts per million [13,550 ppm]) and zinc (trace to 20,600 ppm). The hole was drilled to target mineralization associated with the Cracko fault.
Hole FK19-61, drilled at South Boundary, hit multiple 1m intervals of modest gold and silver mineralization with intermittent spikes in lead (trace to 15,500 ppm) and zinc (trace to 58,800 ppm). It was through this hole that the "strongly pyritic, bedded sedimentary sequence between two prominent northeast-trending lineations" was discovered, the release noted.