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Highway 50 Gold Corp.
Summary
| Project: | Golden Brew | |
|---|---|---|
| Deposit: | Golden Brew | |
| Location: | United States | |
| Commodities: | Gold-Arsenic | |
| Date: | 8/13/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 13-8-2019: Highway 50 Gold Corp. announces an Exploration/Drilling Update report for its Golden Brew deposit at the Golden Brew project. Drilling results incl. mineralisation up to 163ppb Au and 475ppm As. Highway 50 Gold Corp. ("Highway 50" or the "Compa | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Gordon P. Leask (Internal) | |
| ABSTRACT: | Highway 50 Gold Corp. ("Highway 50" or the "Company") announces the results of 2,280 metres of RC drilling completed in 3 holes on the Golden Brew project located in Lander County, Nevada. Bedrock depths varied from 451 m to 577 m with the redox zone varying from 167 m to 207 m below the gravel contact. The most encouraging result from this drilling program was the intersection (25 metres) of Carlin-type mineralization in vertical drill hole GBR-19-10 at a depth of 700 m to 725 m. The mineralized zone assayed up to 163 ppb gold (80x background) and 475 ppm arsenic (20x background) within decalcified thin-bedded silty limestones. Together with three previous holes, GBR-19-10 constitutes a cluster of four RC holes located at the south-east corner of the Golden Brew horst block which exhibit weak Carlin-type mineralization over an area of 580 metres by 300 metres. The strongest levels of gold encountered to date in the horst are in GBR-19-10 at the northwest edge of the drill hole cluster. A coincident magnetic low and gravity low is noted 600 metres to the northwest of GBR-19-10 at a major structural intersection. This area constitutes an intriguing target for follow-up drilling. | |
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