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Winston Gold Mining Corp.
Summary
| Project: | Winston | |
|---|---|---|
| Deposit: | Winston | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 12/13/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 13-12-2016: Winston Gold Mining Corp. announces an Exploration/Drilling Update report for its Winston deposit at the Winston project. Drilling results incl. 2.3m @ 44.57g/t Au from 60m. WINNIPEG, MANITOBA – December 13, 2016 – Winston Gold Mining Corp. (“ | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Richard Crissman Capps (Capps Geoscience LLC) | |
| ABSTRACT: | WINNIPEG, MANITOBA – December 13, 2016 – Winston Gold Mining Corp. (“Winston Gold” or the “Corporation”) (CSE: WGC) (OTCQB: WGMCF) is pleased to announce that it has received five additional assay results from its Phase-1 drilling campaign on its wholly owned Winston gold project near Helena, Montana. “Five drill holes were collared on two drill pads situated 100 ft. and 200 ft. west of the historic Edna Mine,” commented Murray Nye, CEO and Director of Winston Gold. “These holes were designed to confirm historic drill results and further define the Edna Vein Trend system which we believe extends at least 800 ft. (243 metres) west of the old Edna mine.” Three holes were collared on drill pad #10 located 100 ft. (30 metres) west of the old Edna Mine. All three holes were drilled due south (180 degrees) to intersect northerly dipping veins. Two holes were collared on drill pad #9, located 100 ft. (30 metres) west of drill pad 10. Both holes were drilled due south (180 degrees). “These recent intercepts prove there are several veins in this area, including a steeply dipping vein that has the potential to meet our goal of outlining a structure that will average about 17 g/t gold (0.5 opt) over a 4 ft. (1.2 metre) mining width,” stated Mr. Nye. “The Historic Edna mine produced ore from both flat veins (20 degree dip) and steep veins (60 degree dip). We believe we are seeing the extension of these vein systems to the west as well as some near vertical mineralized fault zones.” True width of the vein intersections has been difficult to determine since there are numerous sets of veins in close proximity to one another. Many of these veins are associated with fault breccia and fault gouge and it is not possible to determine a proper core angle. Based on what our Geologists have seen underground in the historic Edna adit, there are possibly three sets of mineralized vein structures in the Edna Trend. All of them seem to dip to the north; one at minus 20 degrees, one at minus 60 degrees and the last at minus 80 degrees. More extensive underground exploration will be required to determine which veins will be the most productive. | |
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