Historic Data Showing 25% of Previous Drill Holes Intercepted Visible Gold
Clarity Gold Corp.’s (CSE: CLAR) confidence in its new Destiny gold project in Quebec, Canada, has grown following a recent site visit by its personnel as part of 2021 exploration planning.
A summary of ongoing data interpretation and compilation has also identified that 25% of the 172 drill holes from previous operators on the whole project area intercepted visible gold.
CEO, James Rogers, said that since entering into an Option Agreement to acquire the Destiny Project, Clarity Gold’s team has been diligently compiling and interpreting all available data. Of the 172 known diamond drill holes on the entire property, 43 (25%) of them report visible gold in the drill logs. 38 of these holes are within the DAC zone where the 2011 resource is located.
“As we continue planning an exploration and infill drill program it is important to continue to characterise the project,” Mr Rogers said. “The number of reported visible gold occurrences in the previous drilling is no surprise given the high-grade intervals previous operators have reported throughout the project area. The Clarity team is excited to get to work on site and continue supporting the Destiny project’s merit as an exciting Abitibi gold project.
“We are incredibly happy with the completion of this site visit, it marks the commencement of boots on the ground at Destiny.
“Being on site allowed us to gain additional insight for planning and collect further data that will continue building our understanding of the opportunity within the Destiny project. Thanks to our team, we have already started our efforts to map out the strategy for the months ahead.”
The average depth of drilling below surface is approximately 220m over the project area. The DAC Zone, where the 2011 resource is located, has seen the deepest drilling with an average depth of approximately 275m below surface and only three holes are 600m or deeper, with the deepest being approximately 710m below surface which confirmed the presence of the mineralised structure at depth and intercepted anomalous gold.
The Gap zone immediately on strike to the east of the DAC has seen limited drilling with only four holes deeper than 200m to a maximum depth below surface of only approximately 360m.
“The Abitibi is a region where mines operate to depths of greater than 2,000m. The limited deep drilling and high-grade intercepts encountered on the Destiny project present an excellent case for additional discovery and expansion for Clarity’s flagship project” stated Michel Robert, advisor to Clarity.
The 5,013 ha Destiny Project is located in the prolific Abitibi Greenstone Belt where more than 180 million ounces of gold have been produced historically and lies along a major structural break which is largely underexplored. The project has excellent infrastructure, with road access approximately ~75 km NNE of the city of Val d’Or and has considerable work done to date including over 50,000 m of diamond drilling.