• TSX-V: GFG
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View more details
  • TSX-V: GFG
  • $0.78+0.03
  • Volume73,000
  • Range$0.75$0.78
  • 52 Week$0.04$1.80
  • Open$0.75
View more details

Exploration Targets

Within the Rattlesnake Hills Gold Project, four significant zones of alteration and precious metal (gold and silver) mineralization have been identified that are associated with Eocene age alkalic intrusions at North Stock, Antelope Basin, South Stock and Blackjack . All four zones have been drilled and broad zones of low grade gold mineralization, as well as narrow discrete zones of high grade gold mineralization.

North Stock

Precious metal mineralization at the North Stock area has been defined by historic and more recent drilling and is outlined in a broad 100 metre x 300 metre tabular mineralized zone, extending to a depth of about 500 metres. North Stock drilling highlights include average grades of 26.21 grams of gold per tonne over 16.76 metres hole length (Hole – RSC – 020) and 2.08 grams of gold per tonne over 150.88 m hole length (Hole – RSC – 039). The system remains open to the north, west and south toward the Antelope Basin target.

Drilling was successful in identifying both narrow high grade as well as broad low grade gold and silver mineralization at depth. Selected highlight drill intersections for North Stock are presented here:

Selected EVG North Stock drilling highlights.

Hole From (m) To (m) Length (m)* Au (g/t) Ag (g/t)
RSC-003 205.74 240.79 35.05 4.79 3.29
RSC-007 108.20 344.36 236.16 1.85 2.65
RSC-020 143.26 198.91 55.66 9.73 16.64
Including 160.02 176.78 16.76 26.21 40.39
Including 170.69 172.21 1.52 122.00 122.00
RSC-039 25.91 176.78 150.88 2.08 2.97
Including 103.63 106.68 3.05 12.95 0.00
RSC-089 83.82 213.36 129.54 2.08 6.47
RSC-089 216.41 243.84 27.43 7.85 7.33
RSC-089 278.89 286.51 7.62 10.65 2.76
Including 228.60 230.12 1.52 82.90 33.90
RSC-093 134.11 163.07 28.96 5.21 11.34
RSC-122 155.45 228.60 73.15 1.78 4.45
RSC-123 83.82 163.07 79.25 1.49 6.31
RSC-126 196.60 256.03 59.44 2.58 4.23
RSC-130 170.69 205.74 35.05 3.95 5.69
RSC-132 112.78 329.18 216.41 1.58 3.68
Including 137.16 140.21 3.05 17.96 12.30
RSC-135 83.82 160.02 76.20 4.68 9.28
Including 144.78 147.83 3.05 45.30 34.80
RSC-136 222.50 263.65 41.15 3.10 3.90
RSC-141 30.48 172.21 141.73 1.90 6.46
RSC-144 91.44 147.83 56.39 2.09 9.49
RSC-144 205.74 251.46 45.72 3.23 7.16
RSC-145 137.16 192.02 54.86 3.20 6.91
RSC-145 204.22 281.94 77.72 4.20 3.75
RSC-145 239.27 240.79 1.52 128.00 23.00
Including 143.26 147.83 4.57 15.67 27.87

*Length (m) is core length

Antelope Basin

The Antelope Basin alteration and gold-silver mineralization has been identified to be associated with Eocene age alkalic intrusions that are part of the Rattlesnake Alkali Intrusive complex. Drilling at Antelope Basin demonstrates broad zones of low grade, as well as narrow discrete zones of high grade, gold and silver mineralization. Mineralization at Antelope Basin has been defined by drilling over an area of 200 metres x 350 metres and to a depth of 200 metres. Drilling highlights for the Antelope Basin are presented in the table below. An example drill section for the Antelope Basin drilling with gold and silver mineralization is also presented below.

Highlights from the Antelope Basin drilling include average grades of 1.91 grams of gold per tonne over 76.2 metres hole length (Hole RSC-042) along with a higher grade interval of 11.8 grams of gold per tonne over 1.52 metres hole length.

Selected EVG and Agnico Antelope Basin drilling highlights.

Hole From (m) To (m) Length (m)* Au (g/t) Ag (g/t)
RSC-001 169.16 182.88 13.72 2.69 0.62
RSC-019 83.82 181.36 97.54 1.21 0.52
Including 167.64 169.16 1.52 9.35 8.00
RSC-042 147.83 224.03 76.20 1.91 0.50
Including 185.93 187.45 1.52 11.80 7.00
RSC-045 12.19 48.77 36.58 1.44 0.00
RSC-047 97.54 170.69 73.15 1.26 0.17
Including 167.64 169.16 1.52 6.71 0.00
RSC-051 243.84 280.42 36.58 1.33 0.21
RSC-078 173.74 251.46 77.72 1.63 1.60
Including 216.41 217.93 1.52 7.48 3.00
RSC-087 166.12 204.22 38.10 1.34 0.48
RSC-099 77.72 143.26 65.53 1.76 0.44
RSC-100 196.60 271.27 74.68 1.21 0.67
Including 245.36 246.89 1.53 6.26 2.00
RSC-153 143.26 160.02 16.76 2.97 1.45
RSC-153 111.25 120.40 9.14 2.28 0.83
RSC-153 164.59 195.07 30.48 2.09 1.05
RSC-155 134.11 187.45 53.34 1.25 0.80
RSC-180 199.64 202.69 3.05 9.30 6.50

*Length (m) is core length

Blackjack

Gold mineralization hosted within quartz veins has recently been discovered at Blackjack . The mineralized quartz veins are hosted within Archean granitic and amphibolite gneisses and includes drill intersections of up to 1.35 grams of gold per tonne (g/t Au) across 33 metres.

The mineralization at Blackjack is likely related to the mineralization at North Stock and Antelope Basin. In principal, gold mineralization at Blackjack is related to alkalic intrusions but its characteristics are more typical of a low sulphidation epithermal deposit type. The majority of the quartz veining occurs within the Archean succession, although limited mineralization has been identified within the Eocene volcaniclastics. The Blackjack mineralization remains open at depth, down-dip and along strike. Soil sampling completed subsequent to the drilling indicates that the mineralized body continues to the northwest and possibly to the northeast.

In 2014, eight drill holes were completed at Blackjack for a total of 967.8 metres. Significantly anomalous gold intersections were intersected in seven of the eight holes. Drill hole NVJ-001 intersected 1.33 g/t Au and 19.56 g/t Ag over 33.53 metres from surface as well as 0.54 g/t Au and 11.35 g/t Ag over 32.00 metres from 97.54 metres down hole. Hole NVJ-008 was drilled beneath the intersection in NVJ-001, and returned an intersection of 0.74 g/t Au and 33.08 g/t Ag over 13.72 metres.

After significant gold mineralization was intersected in the 2014 at Blackjack , a soil sampling program was carried out in order to guide future drilling. A highly anomalous V – shaped gold in soil anomaly with values of up to 0.85 g/t Au is situated directly above the mineralization identified in drilling. Silver results from the soil sampling program were also extremely promising and show a similar pattern to gold and several highly anomalous results were returned up to a maximum value of 16.60 ppm silver returned. The significant silver-in-soil anomaly correlates well with the gold-in-soil anomaly and again indicates a potential to extend the currently identified zone of mineralization at Blackjack . Mineralization trends to the northeast and potentially to the northwest (See figure below) from the current drilling.

Rock grab sampling was successful in confirming historic high grade silver and gold values throughout the Property with assays of up to 25.2 g/t Ag returned from the Blackjack prospect.

The highest silver value was from a sample collected at the Blackjack Prospect. In general, high silver assays are associated with high gold values.