Two Of Three Holes Hits Copper, Silver And Gold
P2 Gold Inc. (TSXV:PGLD) has had promising success in its 2020 exploration drill programme at theTodd Creek Property located in the Golden Triangle in northwest British Columbia.
The Todd Creek 2020 exploration drill programme consisted of three holes totalling 1,027m and intersected up to 4.19% copper over 1.8m.
All three drill holes targeted structurally-controlled copper mineralisation within large zones of intense QSP (quartz + sericite + pyrite) alteration. Two of the three holes intersected significant copper mineralisation with silver and gold.
Drilling demonstrated that mineralisation identified on surface is hosted in veins that are well defined and remain open at depth, with copper and gold grades appearing to improve with depth. Select drill results include:
- Hole TC-002 (Yellow Bowl Zone) intersected 1.48% copper, 0.04 g/t gold and 30.62 g/t silver over 1.2m within an 8.8m interval grading 0.53% copper, 0.01 g/t gold and 10.63 g/t silver; and
- Hole TC-002 (Yellow Bowl Zone) intersected 4.19% copper, 0.19 g/t gold and 4.90 g/t silver over 1.8m within a 3.3m interval grading 3.03% copper, 0.20 g/t gold and 7.15 g/t silver.
The Todd Creek Property covers an area of over 32,000 hectares and is located within the Golden Triangle, approximately 35km northeast of Stewart, BC.
The western side of the Todd Creek Property covers a 12km by three km corridor of altered lower Jurassic volcanic rocks which host at least five zones of gold-copper mineralisation including the Yellow Bowl and VMS zones, the targets of the 2020 exploration drill programme, and the historical Fall Creek, Ice Creek and South zones.
The known zones of mineralisation at the Todd Creek Property, which borders the east side of Pretium Resources Inc.’s Bowser Claims, are found in the same stratigraphy that hosts the nearby Brucejack, Snowfield and Goldstorm deposits.
Planning for the 2021 exploration programme at Todd Creek is underway. It is expected the programme will consist of additional prospecting, mapping, ground geophysics and drilling.
