Visible Gold In Five Logged Holes
Freeman Gold Corp.’s (CSE: FMAN) has achieved early success in its ongoing drilling campaign at its 100% owned Lemhi Gold Project in Idaho, USA.
Two diamond drill rigs are currently operating around the clock at Lemhi, with 16 cored drill holes totalling 3328 m completed to date.
The on-going drilling campaign has confirmed the presence of extensive gold mineralized horizons first established by historical exploration conducted between 1984 and 2013.
President and CEO, Will Randall, said detailed geological logging of recovered core has noted multiple occurrences of visible gold from five holes drilled within the 30 sq. km property.
All drill holes to date have intersected mineralised zones of varying thickness as interpreted from historic drilling and drill sections.
“Our Phase 1 drill campaign is successfully underway and is confirming our understanding of the mineralisation and geology of the Lemhi Gold Project,” Mr Randall said.
“The mineralisation is generally flat lying within Proterozoic metasediments. Quartz veining, silicification, brecciation and faulting dominate the mineralized zones and are oxidized from surface. Results have so far matched historical logs closely.
“Multiple flat lying, high grade zones, often containing visible gold, are stacked and may constitute a bulk tonnage target.”
Phase 1 consists of a 5000m, 33 priority hole diamond drill program.e and was designed to:
- Twin certain holes,
- Complete infill drilling along sections,
- Allow interpretation of the mineralization and structural controls,
- Complete initial bench scale metallurgy,
- Complete a maiden NI 43-101 compliant resource estimate.
In addition to the on-going drill programm3, an extensive ground exploration programm4 is being implemented at the Project. To date Freeman has completed 141 rock grab and channel samples, 633 soil samples, 181 line-km of ground magnetics, high resolution drone photo mosaics and a 1.4 sq. km three dimensional (3D) Induced Polarisation (IP) survey.