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Golden Ridge Resources Ltd.
Summary
| Project: | Hank | |
|---|---|---|
| Deposit: | Hank | |
| Location: | Canada | |
| Commodities: | Copper-Gold-Silver | |
| Date: | 7/22/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 22-7-2019: Golden Ridge Resources Ltd. announces an Exploration/Drilling Update report for its Hank deposit at the Hank project. Drilling results incl. 380.5m @ 0.28% Cu, 0.22g/t Au, 1.43g/t Ag from 233.0m. GOLDEN RIDGE RESOURCES LTD. (TSX-V: GLDN) ("Gold | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Gerald G. Carlson (Internal) | |
| ABSTRACT: | GOLDEN RIDGE RESOURCES LTD. (TSX-V: GLDN) ("Golden Ridge" or the "Company") is pleased to report the assay results for the first 2019 hole drilled on the Company’s Hank Property (“Hank” or the “Property”), located in BC’s Golden Triangle. HNK-WZ-19-01 was a designed step out 65m north of previously announced 2018 drill hole HNK-18-013 (see NR: November 28th, 2018). HNK-WZ-19-01 intersected similar geology and mineralization to HNK-18-013, with 278 meters of potassic altered monzonite and Stuhini volcanic rocks grading 0.35% Cu, 0.28g/t Au and 1.71g/t Ag (0.55% CuEq¹), within 380.5 meters of 0.28% Cu, 0.22g/t Au and 1.43g/t Ag (0.44 CuEq¹). A drilling plan view map (Figure 1) is presented below and have also been posted to the Company’s website. A total of 2892.5m of drilling has been completed on the Property so far in 2019, with assay results pending on the remaining holes. Michael Blady, CEO of Golden Ridge, commented: “The first drill hole completed this year at the Williams Zone was a successful 65 meter step-out to the north and showed good continuity of mineralized monzonite and demonstrated that the potassic altered monzonite is in fact trending towards the Ball Creek claims. Golden Ridge’s technical team has generated targets on a northern trend that could constitute a possible extension of Williams style mineralization onto the Ball Creek project. Our 2019 phase II program will test these targets including those located in close proximity to the Hank / Ball Creek property border.” | |
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