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Golden Dawn Minerals Inc.
Summary
| Project: | Greenwood | |
|---|---|---|
| Deposit: | Golden Crown | |
| Location: | Canada | |
| Commodities: | Gold-Silver-Copper | |
| Date: | 1/30/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 30-1-2018: Golden Dawn Minerals Inc. announces an Exploration/Drilling Update report for its Golden Crown deposit at the Greenwood project. Drilling results incl. 6.95m @ 6.77g/t Au, 1.18% Cu from 14.65m. Vancouver, January 30, 2018, Wolf Wiese CEO of Gol | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Dr. Mathew Ball (Internal) | |
| ABSTRACT: | Vancouver, January 30, 2018, Wolf Wiese CEO of Golden Dawn Minerals Inc., (TSX-V: GOM; Frankfurt: 3G8A; OTC: GDMRF) (the “Company” or “Golden Dawn”) announces final results from 2017 surface diamond drilling at its Golden Crown property, part of the Greenwood Precious Metals Project. Surface diamond drilling at the Golden Crown property in 2017 totaled 3,121 metres drilled in 33 holes. Results for holes 1 to 19 were previously released (see news release dated December 4, 2017). Significant results for holes 20 to 33 are presented in the table below, followed by results for the first 19 holes in a separate table. The 2017 drill holes reported above were designed to test the King, Winnipeg, Portal, Southwest and South zones. The drill program intersected zones of significant gold and copper associated with massive sulphide and quartz-sulphide veins and veinlets. Typical sulphide minerals include pyrrhotite, pyrite, chalcopyrite, and arsenopyrite in general order of abundance. Interesting gold values are also associated with veinlet-controlled and disseminated sulphides in the host rocks (meta-diorite, greenstone and serpentinite). At least in part, the deposit now appears to consist of a field of multiple veins and veinlets, with the main vein structures identified as targets for underground development. Potential for open pit extraction exists where significant gold values occur in wall rocks adjacent to the main veins and near surface. | |
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