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Rise Gold Corp.
Summary
| Project: | Idaho-Maryland | |
|---|---|---|
| Deposit: | Idaho-Maryland | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 12/13/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 13-12-2018: Rise Gold Corp. announces an Exploration/Drilling Update report for its Idaho-Maryland deposit at the Idaho-Maryland project. Drilling results incl. 6.8m @ 149.3g/t Au from 987.8m. December 13, 2018 – Vancouver, British Columbia – Rise Gold Co | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Richard Lippoth (Not stated) | |
| ABSTRACT: | December 13, 2018 – Vancouver, British Columbia – Rise Gold Corp. (CSE: RISE, OTCQB: RYES) (the “Company”) is pleased to announce additional assay results from on-going diamond core drilling at the Idaho-Maryland (“I-M”) Gold Project. The exploration drill program at the Idaho-Maryland continues to be successful and recent drilling tested several new targets which produced the highest-grade gold intercept to-date. Very high-grade gold mineralization was encountered in the first hole to test the 52 Vein area. The 52 Vein area lies above the Idaho #1 Vein target and most drill holes are expected to pierce the 52 Vein target en route to the Idaho #1 Vein target. Drill hole I-18-10 intersected a quartz shear vein and a wide zone of extensional veining. This intersection is interpreted to be a continuation of the 52 Vein where historic mining and exploration were conducted prior to mine shut-down in the 1950’s. The mineralization in the I-18-10 intercept consists of a quartz shear vein and zones of extensional quartz veins in the hanging wall and footwall of the vein. | |
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