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Goldstar Minerals Inc.
Summary
| Project: | Lake George | |
|---|---|---|
| Deposit: | Lake George | |
| Location: | Canada | |
| Commodities: | Gold-Tungsten | |
| Date: | 12/2/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 2-12-2019: Goldstar Minerals Inc. announces an Exploration/Drilling Update report for its Lake George deposit at the Lake George project. Drilling results incl. 2m @ 0.42g/t Au. Montréal, Québec – November 29, 2019 – Goldstar Minerals Inc. (“Goldstar” or | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Benoit Moreau (Internal) | |
| ABSTRACT: | Montréal, Québec – November 29, 2019 – Goldstar Minerals Inc. (“Goldstar” or the “Corporation”) (TSX-V: GDM) is pleased to announce that drilling results from the first seven (7) holes of its third phase diamond drilling program completed last October on its Lake George Property, located in New Brunswick, Canada, have been received and compiled. Final results from the remaining three (3) holes are expected to be disclosed by mid-December 2019. Potential Intrusion-Related Gold System (“IRGS”) environment, suggesting the presence of granodiorite intrusions nearby. Hole LG-19-07 was drilled to a depth of 375 metres and encountered a wide zone approximately 150 metres wide starting at 150 downhole. The zone had anomalous gold, copper, bismuth and tellurium within metasediments. Although no granodiorite was intersected, these results suggest that an intrusion could be present nearby. Hole LG-19-08, which is located 500 metres northwest of hole LG-19-07, and, was drilled to a depth of 241 metres, intersected a 8.3 metre wide granodiorite dyke between 155 and 163 metres. This dyke is altered and mineralized with disseminated sulfides throughout the 8.3 metre interval. Both holes LG-19-07 and LG-19-08 suggest that a granodiorite intrusion may be located nearby, thus requiring additional diamond drilling. No granodiorite was intersected in the other holes. | |
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