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Rise Gold Corp.
Summary
| Project: | Idaho-Maryland | |
|---|---|---|
| Deposit: | Idaho-Maryland | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 1/3/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 3-1-2018: Rise Gold Corp. announces an Exploration/Drilling Update report for its Idaho-Maryland deposit at the Idaho-Maryland project. Drilling results incl. 14.9m @ 12.2g/t Au from 638.9m. January 3, 2018 – Vancouver, British Columbia – Rise Gold Corp. | |
| Resources: | (historic estimate only) | |
| CP/QP: | [Overall Report]: Dr. Dirk Meckert (Not stated) | |
| ABSTRACT: | January 3, 2018 – Vancouver, British Columbia – Rise Gold Corp. (CSE: RISE, OTC: RYES) (“Rise” or the “Company”) is pleased to announce the assay results from drill hole B-17-01, the first drill hole of the exploration drilling program at the Idaho-Maryland (“I-M”) Gold Project located in Nevada County, California. Diamond drill hole B-17-01 (“the Drillhole”) was completed in November 2017. The Drillhole had a total length of 1419 m (4654 ft) and reached a depth of ~1157 m (3794 ft) below surface. The starting azimuth of the Drillhole was 310 degrees and the ending azimuth was 278 degrees with an average inclination of ~55 degrees. An intercept of 62.7 gpt gold over 2.7 m was intersected in the Center Vein of the Brunswick #1 Vein Set, approximately 50 m below the B1600 level at a depth of ~540 m below surface. The true width of the intercept is estimated at 1.4 m. The substantial gold values assayed in the Drillhole are surprising given the limited focus on the Brunswick #1 Vein documented in historic records. The Drillhole intersected three sub-parallel veins at the Brunswick #1 Vein. The B1 Vein Set, including the Center Vein and two sections of internal waste, averaged 12.2 gpt gold over 14.9 m with an estimated true width of 7.8 m. | |
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