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Atlantic Gold Corp.
Summary
| Project: | Moose River | |
|---|---|---|
| Deposit: | Fifteen Mile Stream | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 2/21/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 21-2-2019: Atlantic Gold Corp. announces an Exploration/Drilling Update report for its Fifteen Mile Stream deposit at the Moose River project. Drilling results incl. 19m @ 1.02g/t Au from 211m. Vancouver, British Columbia – Atlantic Gold Corporation (TSX- | |
| Resources: | (Resource, M+I): 10.59Mt @ 1.33g/t Au | |
| CP/QP: | [Overall Report]: Douglas A Currie (Internal) | |
| ABSTRACT: | Vancouver, British Columbia – Atlantic Gold Corporation (TSX-V: AGB) ("Atlantic" or the "Company") is pleased to provide final drill results for its Resource Extension drill programs which were completed late in 2018 at the Cochrane Hill Gold Deposit (“Cochrane Hill”) and Fifteen Mile Stream Gold Deposit (“Fifteen Mile Stream”). The Phase 3 Resource Expansion Drill Programs at the Fifteen Mile Stream and Cochrane Hill Gold Deposits between September 2017 and February 2018 successfully identified additional gold mineralization immediately adjacent to previously defined mineral resources at both locations. Compilation and analysis of the results of these programs determined that in the Egerton-MacLean Zone at Fifteen Mile Stream and at Cochrane Hill there remained potential to extend known mineralization. Drill programs totaling 11,385m in 69 drill holes and 16,242m in 70 drill holes were completed at Fifteen Mile Stream and Cochrane Hill, respectively, between mid-September and mid-December 2018 to test interpreted extensions to the known resources. Partial results for these drill campaigns were announced in earlier press releases (See News Releases dated December 5, 2018; January 21, 2019; and, February 6, 2019). Final drill results for these drill programs are contained in this release, tabulated on Tables 1 and 2 and presented in the linked plans and sections. This news release completes reporting of results from the 2018 Phase 3 drill program. All deposits remain open along strike and/or at depth; a review program is currently underway to identify, rate and rank targets across Atlantic Gold’s project portfolio to prioritize exploration targets for further drilltesting in 2019. | |
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