Commences Drilling In Nevada
Gold Bull Resources Corp. (TSX-V: GBRC) has commenced a new drilling at its 100% owned Sandman Project located in Humboldt County, Nevada, USA.
CEO, Cherie Leeden, said the company has defined 42 drill hole targets for approximately 8000m. The Phase 1 RC drill programme consists of 3000m for 17 drill holes.
“Our team is excited to drill test numerous high priority gold targets in our maiden drill program. We look forward to reporting our first lab results in about four weeks from now for the 1st hole which is designed to test the depth extension of gold mineralisation that remains open at depth at our Abel Knol resource,” Leeden said.
New Frontier Drilling has been awarded the contract to safely complete the Phase 1 drill programme. The purpose of the proposed drill campaign will be twofold, to verify and possibly extend known mineralisation and to test areas immediately along trend from existing resources via exploration step-out holes.
The initial programme will comprise a roughly 3,000m rotary circulation (RC) drilling. A second phase of drilling for 5000m will commence after laboratory results have been received from the first phase.
The programme will consist of 17 angled drill holes that range from 70 to 250m depth with an average depth of ~175m. Roughly half of the total metres (10 of 17 proposed holes) are intended to explore and potentially expand known mineral resource areas including some historical high-grade intercepts.
This group of holes will target all four resource areas, including North Hill, Silica Ridge, SE Pediment, as well as Abel Knoll. At Abel Knoll, a proposed hole (AK21-001) will extend to at least 250m depth and is designed to test a historical drill hole (AK06-0023) that ended in mineralisation (~9 m of 6.32 g/t Au at 189m, including ~1.5m of 9.61 g/t Au at 197m (end of hole).
The remaining half of the total metres (seven of the 17 proposed holes) will serve as exploration drill holes positioned along prospective gold trends. These holes will explore untested structures/faults around North Hill, Silica Ridge and Abel Knoll and have been guided by ground geophysics and geochemistry.
In December 2020, Gold Bull purchased the Sandman Project from Newmont. Gold mineralisation was first discovered at Sandman in 1987 by Kennecott and the project has been intermittently explored since then.
There are four known pit constrained gold resources located within the Sandman Project, consisting of 21.8Mt @ 0.7g/t gold for 494,000 ounces of gold; comprising of an Indicated Resource of 18,550kt @ 0.73g/t gold for 433kozs of gold plus an Inferred Resource of 3,246kt @ 0.58g/t gold for 61kozs of gold.
Several of the resources remain open in multiple directions and the bulk of the historical drilling has been conducted to a depth of less than 100m. Sandman is conveniently located circa 25-30 km northwest of the mining town of Winnemucca, Nevada.