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Atlantic Gold Corp.
Summary
| Project: | Moose River | |
|---|---|---|
| Deposit: | 149 Deposit | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 1/22/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 22-1-2019: Atlantic Gold Corp. announces an Exploration/Drilling Update report for its 149 Deposit deposit at the Moose River project. Drilling results incl. 31m @ 1.84g/t Au from 80m. Vancouver, British Columbia – Atlantic Gold Corporation (TSX-V: AGB) ( | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Douglas Currie (Internal) | |
| ABSTRACT: | Vancouver, British Columbia – Atlantic Gold Corporation (TSX-V: AGB) ("Atlantic" or the "Company") is pleased to provide an update of drill results for recently completed programs of diamond drilling to further define gold mineralization in the Limb and Axis Zones of the 149 Gold Deposit, recently discovered as part of the Corridor Regional Program. Atlantic’s producing Touquoy Gold Mine and future satellite development deposits at Beaver Dam and Fifteen Mile Stream lie within the Moose River Corridor, a geologically prospective 45km trend underlain by the Moose River Formation, a unit composed of a sequence of folded argillite and greywacke which hosts the known gold mineralization. The 149 Deposit was discovered by traverses of widely-spaced diamond drilling testing favorable interpreted geological and geophysical targets and historical anomalous drill hole results as part of the “Phase 4 Corridor Regional Program” which was initiated in 2018 to evaluate the underexplored and geologically prospective Moose River Corridor. Encouraging initial results were followed-up and shallow mineralization was intersected over a strike length of 350m. (See News Release dated June 28, 2018). | |
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