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Fiore Gold Ltd.
Summary
| Project: | Gold Rock | |
|---|---|---|
| Deposit: | Gold Rock | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 9/12/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 12-9-2018: Fiore Gold Ltd. announces a Resource Estimation report for its Gold Rock deposit at the Gold Rock project. Amended previous announcement updating mineral resources at Gold Rock. Vancouver, British Columbia – FIORE GOLD LTD. (TSXV: F) (OTCQB: FI | |
| Resources: | (Resource): 9Mt @ 0.82g/t Au (Ind.), 7.787Mt @ 0.72g/t Au (Inf.) | |
| CP/QP: | [Resources]: Micheal Dufresne (APEX Geoscience Ltd.) | |
| ABSTRACT: | Vancouver, British Columbia – FIORE GOLD LTD. (TSXV: F) (OTCQB: FIOGF) (“Fiore” or the “Company”) is pleased to announce an updated mineral resource estimate for its 100%-owned Gold Rock project in Nevada. The mineral resource is centered around the former Easy Junior open pit mine and covers approximately 3.1 km of a 12.9 km-long trend of prospective geology, structure, and alteration with pervasive gold and pathfinder element anomalies in soil and rock samples. The new Gold Rock resource estimate is based solely on the available historical data and is intended to provide a baseline from which to grow the resource through continued drilling. The historical drill hole database was reviewed and audited by the Qualified Person (QP) and is deemed to be suitable for resource estimation. Drilling is currently underway to test three new targets to the north of the resource area with the aim of expanding the overall footprint of mineralization. Relative to the previous 2012 historical resource estimate, the new resource estimate shows higher grades and a more tightly-defined zone of mineralization hosted primarily within the tightly folded and faulted Joanna Limestone with minor mineralization within the overlying Chainman Shale and the underlying Pilot Shale | |
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