Prosper Gold Extends Gold-in-Till Anomaly To 7.0 km
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Prosper Gold Extends Gold-in-Till Anomaly To 7.0 km

byThe Assay
2 years ago
Reading Time: 3 mins read
Prosper Gold Extends Gold-in-Till Anomaly To 7.0 km

Drilling And Sampling Success At Golden Sidewalk Project

Prosper Gold Corp. (TSXV:PGX) has outlined a 7 km x 0.5 km pristine gold grain-in-till anomaly which remains open for expansion to the east and south in its exploration programme at the Golden Sidewalk Project in the Birch-Uchi region of Red Lake, Ontario.

The company has completed 5,167.8m in 17 diamond drill holes to date with assay results from all holes pending.

Highlights:

  • 2,858 pristine gold grains, containing 39.5 g/t Au, in till sample GST-21-100
  • GST-21-100 is 1,840 metres east of sample UC-13 (882 pristine gold grains
  • The sample grid at the Golden Corridor has been extended to cover an additional 10 square km area
  • Sampling to date suggests the source area of many of the highly anomalous tills is a linear swamp underlain by a highly strained talc altered ultramafic unit
  • Drilling confirms standard Red Lake Camp carbonate and quartz-carbonate ferroan dolomite alteration, quartz veins and discrete semi-massive pyrite-pyrrhotite ± chalcopyrite ± arsenopyrite mineralised zones

“The pristine gold grain-in-till anomaly at the Golden Corridor continues to grow and guide our drilling in 2021,” CEO, Peter Bernier, said.

“The company is still awaiting analytical results for all drill holes from the 2021 drilling as well as the bulk of till samples collected in 2021.”

Till sampling

Crews have completed the first phase of 2021 till sampling along the Golden Corridor and at regional targets on the property. A total of 260 samples were collected, 100 for which results from processing have been received from Overburden Drilling Management (ODM).

Highlights of the till sampling at the Golden Corridor include 2,858 pristine gold grains in sample GST-21-100 and 663 gold grains in sample GST-21-093, collected 1,840 metres and 1,000 metres east of sample UC-13, respectively. Sample UC-13, collected in late 2020, contained 882 pristine gold grains with a contained gold concentration of 110.8 g/t gold. The high proportion of pristine gold grains in these samples, as well as the presence of limonite, suggests a nearby source.

Along the Golden Corridor, to the northwest and east of the large gold grain-in-till anomaly outlined in late 2020, till samples were collected on a 200 x 200 metre grid where adequate sample media was available. The survey extended the previously outlined anomaly significantly, both to the northwest and to the east along the Golden Corridor trend which parallels a regional unconformity.

The pristine gold grain-in-till anomaly now measures approximately 7,000m by 500m and remains open to the east.

The 2021 diamond drilling programme has been focused on discovering the source of highly anomalous till samples in two discrete areas within the Golden Corridor: the northern structural corridor that underlies a roughly 5 km long, 200m-wide swamp and a zone of high chargeability and resistivity that is parallel and proximal to the regional unconformity.

Both target areas have highly anomalous pristine gold-grains-in-tills in the immediate area.

For further information please visit: https://prospergoldcorp.com/

Tags: ExplorationGoldOntarioTSXV:PGX
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