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FireFox Gold Corp.
Summary
| Project: | Mustajarvi | |
|---|---|---|
| Deposit: | Mustajarvi | |
| Location: | Finland | |
| Commodities: | Gold | |
| Date: | 3/1/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 1-3-2019: FireFox Gold Corp. announces an Exploration/Drilling Update report for its Mustajarvi deposit at the Mustajarvi project. Drilling results incl. 1.55m @ 2.90g/t Au, 0.02% Co from 65.00m. VANCOUVER, BC – (Mar 1, 2019) – FireFox Gold Corp. (TSX-V: | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Petri Peltonen (Internal) | |
| ABSTRACT: | VANCOUVER, BC – (Mar 1, 2019) – FireFox Gold Corp. (TSX-V: FFOX, FSE:A2PDU7) (“FireFox” or the “Company”) is pleased to provide final drill results and interpretation for its 1,094.5 metre Phase 1 drilling program on its 100%-owned Mustajärvi gold exploration project in the Central Lapland Greenstone Belt, Finland. The drill program was successful in achieving all of its goals: it confirmed the location and gold grades of historic drilling, discovered a new style of high-grade gold mineralization at greater depths than previously targeted, and encountered the first signs of mineralization spatially associated with the extensive IP anomaly identified in the Company´s earlier survey (see FireFox news release dated 25 September, 2018). In addition to new targets at depth, mineralization at Mustajärvi remains open along strike. To date drilling has tested only 400 metres of the 2,900-metre-long potential trend identified by Bottom-of-Till (BOT) sampling anomalies and geophysical surveys. Gold mineralized veins were encountered both at western and eastern extremes of the drilled area. There are also indications from both surface work and core drilling of at least two different orientations of gold-bearing structures. “When we combine our geological, surface geochemical and geophysical data with our drill results, a very exciting picture emerges at the Mustajärvi Project,” commented Carl Löfberg, CEO of FireFox Gold. “We have only begun to test the different structural, lithological, and geophysical targets on the property. The high grades intersected so far at Mustajärvi in multiple geological settings are good first steps towards delineating a substantial high-grade gold deposit. We look forward to testing the wide range of targets with follow-up drilling later this year.” | |
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