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Fiore Gold Ltd.
Summary
| Project: | Gold Rock | |
|---|---|---|
| Deposit: | Gold Rock | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 9/10/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 10-9-2019: Fiore Gold Ltd. announces an Exploration/Drilling Update report for its Gold Rock deposit at the Gold Rock project. Drilling results incl. 24.4m @ 0.96g/t Au from 118.9m. Vancouver, British Columbia – FIORE GOLD LTD. (TSXV: F) (OTCQB: FIOGF) (“ | |
| Resources: | (Resource): 9.0Mt @ 0.82g/t Au (Ind.) and 7.8Mt @ 0.72g/t Au (Inf.) | |
| CP/QP: | [Overall Report]: Paul Noland (Internal) | |
| ABSTRACT: | Vancouver, British Columbia – FIORE GOLD LTD. (TSXV: F) (OTCQB: FIOGF) (“Fiore” or the “Company”) is pleased to report additional drilling results from its Gold Rock project in Nevada. These latest results have confirmed thick intervals of oxide gold mineralization both within and outside of the current resource pit shells and shown that mineralization continues through a lightly-drilled gap in the current resource. We view this as encouraging in our efforts to expand the resource envelope in advance of a Preliminary Economic Assessment (“PEA”) targeted for year-end 2019. Holes GR19-012 and -014 showed that mineralization continues strongly through the area near the former Easy Junior leach pad where there is a gap in the current mineral resource due to a previous lack of drilling. Drilling continues to show that the mineralized zone follows the western limb of the North trending EZ anticline and is commonly localized in the western limb along the contact between the Chainman Shale and Joana Limestone. Mineralization in the eastern limb of the EZ anticline appears to strengthen to the south, with hole GR19-009 intersecting 15.2 m of 1.22 g/t gold. | |
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