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Osprey Gold Development Ltd.
Summary
| Project: | Goldenville | |
|---|---|---|
| Deposit: | Goldenville | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 3/11/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 11-3-2020: Osprey Gold Development Ltd. announces an Exploration/Drilling Update report for its Goldenville deposit at the Goldenville project. Drilling results incl. 28.0m @ 0.18g/t Au from 72m. Vancouver, British Columbia--(Newsfile Corp. - March 11, 20 | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Perry MacKinnon (Internal) | |
| ABSTRACT: | Vancouver, British Columbia--(Newsfile Corp. - March 11, 2020) - OSPREYGOLD DEVELOPMENT LTD. (TSXV: OS) (OTCQB: OSSPF) (the "Company" or "Osprey") is pleased to announce assay results from the final five holes of its 13 hole drill program at the Company's Goldenville Property, located inGuysborough County, Nova Scotia. Company President Cooper Quinn said, "These results are exciting; they continue to evidence the existence of the disseminated gold mineralization we're targeting at Goldenville. Hole G19-23 is a very significant step-out - over 400 m from G19-16 and G19- 17 - on the south limb of the Goldenville Anticline. There has been much less prior exploration in this area and additional step-out and infill drilling may be warranted to test for further expansion. All of the mineralization in this hole is less than 100 m from surface and includes intervals of mineralized host rock as well as veins. Hole G19-22 was drilled as a step-out on the north limb, approximately 60m from the easternmost hole drilled during Osprey's 2017 program around the historic Bluenose shaft; this hole intersected multiple zones of mineralization, and leaves the deposit open to the east. This hole was terminated early after encountering historic workings. | |
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