Hanstone Gold Unveils Proposed Golden Triangle Drill Programme
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Hanstone Gold Unveils Proposed Golden Triangle Drill Programme

byColin Sandell-Hay, Contributor - The Assay
5 years ago
Reading Time: 2 mins read
Hanstone Gold Unveils Proposed Golden Triangle Drill Programme

Plans To Drill Up To 6,000m In BC

Hanstone Gold Corp. (TSXV: HANS) has released an update on its proposed 5,000m to 6,000m, large diameter core drilling and exploration programme on its Doc and Snip North Properties, both located in British Columbia’s prolific mining district known as the Golden Triangle.

The proposed Doc Property HQ core drilling and exploration programme, scheduled for mobilisation in the northern summer of 2021, is designed to follow-up and further evaluate the positive results of the company’s 2020 drill programme which consisted of 21 drill holes totalling approximately 2,700m.  

The company received very encouraging results reported on November 12, 2020 included: 2.25m grading 6.18 g/t Au, with 47.78 g/t Ag; 0.80m grading 10.8 g/t Au; and 7.02m grading 2.27 g/t Au. 

Additional positive results announced in December 2020 included 13.28m grading 12.01 g/t Au, that included an exceptional intercept of 1.28m grading 113.70 g/t Au. 

President and CEO, Ray Marks, said Hanstone Gold is focused on a number of goals for the 2021 summer drill season.  The primary focus will be on the Doc Property, including delineation drilling on the DOC zone Q17 and Q22 veins following up high-grade intercepts down dip and along strike to increase confidence in the historical resource and move towards a NI 43-101 compliant resource.  This will include follow up of 2020 high-grade drill results from DC-20-04, 05 and 06, including 12.01 g/t Au over 13.28 m in DC-20-06.  Extensive historic work has been conducted on the Q17 and Q22 veins, however the holes drilled utilised small diameter BQ sized drill core that produced smaller, and less representative samples for analysis.

At Snip North, a prospecting and sampling programme is planned for the 2021 exploration season that will focus on existing showings (Chubby Creek, Bach, Verrett and Joy 1) as well as on other priority potential drill target areas highlighted by 2020 satellite imagery.

Mounting interest in the Golden Triangle in the vicinity of the Snip North Property by

“Management is very excited about this upcoming 2021 drill program and is highly motivated to maximize its success,” Mr Marks said.

“The results from last year’s drilling far exceeded our expectations and we don’t anticipate anything less for the 2021 drill programme. 

“With so much excitement and the new discoveries in British Columbia’s Golden Triangle, we are just beginning to understand the growth potential of these two new projects within this prolific gold district. 

“We are all looking forward to providing our shareholders with an exciting and successful 2021 drilling and exploration programme that that is designed to further define potential mineral resources and additional targets for exploration and future development.”

Tags: British ColumbiaCanadaExplorationGoldPrecious MetalsTSXV:HANS
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Colin Sandell-Hay, Contributor - The Assay

Colin Sandell-Hay, Contributor - The Assay

Colin Sandell-Hay is a multi-award-winning mining journalist and investor relations specialist with a major focus on the resources sector. He has 48 years of editorial and public relations experience, with more than 30 of those in business and resources media. His in-depth, technical knowledge was recognized in 2010 when he was presented with the coveted APPEA JN Pierce Award as the leading petroleum journalist in Australia. Colin is currently a freelance news editor and features writer for The Assay.

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