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Kestrel Gold Inc.
Summary
| Project: | Val-Jual | |
|---|---|---|
| Deposit: | Val-Jual | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 12/8/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 8-12-2017: Kestrel Gold Inc. announces an Exploration/Drilling Update report for its Val-Jual deposit at the Val-Jual project. Drilling results incl. 13.71m @ 0.931g/t Au from 6.71m. VANCOUVER, British Columbia, Dec. 08, 2017 -- Kestrel Gold Inc. (“Kestre | |
| Resources: | x | |
| CP/QP: | [Overall Report]: William Taylor (Not stated) | |
| ABSTRACT: | VANCOUVER, British Columbia, Dec. 08, 2017 -- Kestrel Gold Inc. (“Kestrel” or the “Company”) (TSX.V:KGC) is pleased to announce drill results from the Val-Jual property located approximately 70 km south of Dawson City, Yukon Territory. The property comprises two separate blocks either side of the significant placer gold producing Ten Mile Creek: the Val-Jual block, covering 1,375 hectares; and south of this, the Ten block, covering 1,302 hectares. Kestrel drilled 13 reverse circulation (RC) holes, totalling 922 metres on part of the Val-Jual block. The objective of the drill program was to test for orogenic-style gold mineralization similar to that within the White Gold District. The program specifically targeted the T5, Lonely, BQC, Alcove, RQC and Teck TR16 zones, testing gold anomalies from historical and recent soil and trench sampling. A map of the drill hole locations is shown on the Kestrel Gold website. Drill hole specifications are shown in Table 2. All 13 drill holes encountered low grade to anomalous gold mineralization hosted in granite, with maximum values per hole ranging from 3.13 g/t gold (Au) in drill hole 17RC-01 to 0.27 g/t Au in drill hole 17RC-06 (when including duplicate samples). Pathfinder elements for the gold mineralization may include lead (Pb), zinc (Zn), silver (Ag) and arsenic (As). The granite which is believed to be Jurassic in age, varies in colour from light yellow, to grey, to orange-brown where more oxidised infrequently occurring grey-green intervals may represent a more mafic compositional change or engulfed older (schistose) metasediments. | |
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