Kenorland Minerals Ltd. (TSXV: KLD) (OTCQX: NWRCF) identified sizeable gold potential is results from the 2021 maiden diamond drill programme at theHealy Project in Alaska.
Located within Alaska’s prolific Goodpaster Mining District, Healy is held under joint venture with Newmont Corporation.
“The maiden diamond drill programme confirmed the presence of a large-scale gold system at Healy evidenced by broad mineralisation encountered throughout the wide-spaced drilling across multiple target areas,” CEO, Zach Flood, said.
“While there are many indications that Healy represents a significant greenfields gold discovery within Alaska’s prolific Goodpaster Mining District, it will require additional drill testing to fully evaluate the economic potential.
“ We will provide an update on our exploration plans going forward after we have completed a detailed review of the results and targets with Newmont Corporation, who currently holds a 30% participating interest in Healy.”
Wide-spaced drilling was designed to test three target areas (Bronk, Thor, and Spike) defined by extensive gold-in-soil geochemical anomalies. The results are from assays from all 14 drill holes completed during the programme, including 5,247 m.
- Along the southern end of the Bronk target area, 21HDD011 intersected multiple intervals of broad low-level gold mineralisation within a steeply dipping shear zone including 37.68m at 0.12 g/t Au, 36.80m at 0.33 g/t Au, 20.55m at 0.16 g/t Au, and 21.90m at 0.22 g/t Au. 21HDD024 stepped out 800 meters along strike to the north of 21HDD011, also intersecting multiple intervals of low-level gold mineralisation along the same structure including 11.82m at 0.12 g/t Au, 32.76m at 0.13 g/t Au, 35.56m at 0.26 g/t Au, and 26.41m at 0.19 g/t Au. 21HDD012 stepped out a further 600 m along strike to the north of 21HDD024, intersecting 53.64m at 0.16 g/t Au and 21HDD013, a further 300 m step-out along strike to the north of 21HDD012, intersected 34.86m at 0.19 g/t Au, extending the total strike length of mineralisation at Bronk to over 1700 m with a mineralised footprint of up to 500 m wide, open in multiple directions.
- At Thor, located approximately two km to the west of Bronk, 21HDD017 intersected 11.90m at 1.29 g/t Au within the hanging wall of a low angle structure along the contact between the augen gneiss and paragneiss units. 21HDD019, a 250 m step out along strike to the south of 21HDD017, intersected 13.38m at 1.22 g/t Au within the hanging wall of a similar low angle structure within the augen gneiss unit. 21HDD015 drilled along the same fence as 21HDD019, intersected 24.16m at 0.25 g/t Au, also within the hanging wall of a low angle structure on the contact between the augen gneiss and paragneiss units. The known mineralised footprint at Thor is currently 500 m by 500 m and remains open.
- Broadly disseminated and vein-hosted low-level gold mineralisation encountered in all targets areas confirm the presence of a km-scale gold system. The alteration, mineralisation, and geochemical signature suggest a distal environment of an intrusion related system with widespread fluid flow permeating along low angle thrust faults and high angle shear zones.
- High-power Titan IP and MT surveys completed towards the end of the drill programme support the geological interpretation and highlight significant untested geophysical anomalies associated with mineralisation, controlled by structural and lithological traps.
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