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Golden Ridge Resources Ltd.
Summary
| Project: | Hank | |
|---|---|---|
| Deposit: | Hank | |
| Location: | Canada | |
| Commodities: | Gold-Silver | |
| Date: | 11/8/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 8-11-2017: Golden Ridge Resources Ltd. announces an Exploration/Drilling Update report for its Hank deposit at the Hank project. Drilling results incl. 425.20m @ 0.29g/t Au, 3.30g/t Ag, 0.03% Pb, 0.07% Zn from 0m. Kelowna, British Columbia – November 8,20 | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Mark Rebagliati (Not Stated) | |
| ABSTRACT: | Kelowna, British Columbia – November 8,2017 - Golden Ridge Resources Ltd. (“Golden Ridge” or the “Company”) (TSXV: GLDN). Golden Ridge is pleased to report initial results for the first 2 diamond drill holes at its Hank Property (“Hank” or the “Property”) in northwestern British Columbia, Canada. HNK-17- 001 returned 24.15 g/t AuEq* over 4.13 meters, while HNK-17-002 returned 107.90 g/t AuEq* over 0.55 meters. Both holes were drilled at the same azimuth from pad number one on the Property’s Lower Alteration Zone (LAZ), to test the continuity of mineralization at depth (Figure 1). The 2017 drill program was completed in early October and total meterage was 4249.52m in 14 drill holes. Assay results are pending for the remaining 12 holes and will be released over the coming weeks as they are received. Michael Blady, CEO of Golden Ridge stated: “The initial results from the 2017 drill program are extremely exciting for our Company. They confirm the high-grade polymetallic nature of the Lower Alteration Zone as well as the continuity of this mineralization down dip. The LAZ has seen limited exploration with only 15% of the historic holes being drilled there. With just 13 drill holes targeting the LAZ in our maiden drill program, we have only just barely scratched the surface.” | |
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