FireFox Gold Corp. (TSXV:FFOX) (OTCQB:FFOXF) is progressing well with its northern winter drilling programme is progressing as planned with approximately 3,800 metres drilled to date on three separate projects.
The company is now set to begin its first drilling at the Sarvi Project, which adjoins Rupert Resources’ Area 1 property. The first phase of diamond drilling at Sarvi is slated to start before the end of January and will include up to 500m in the northwestern portion of the project, where trenching and base-of-till (BOT) sampling have identified several gold and multielement anomalies.
There is an ongoing BOT sampling program at Sarvi and results are not yet available for the southern and eastern portions of the property.
President and CE), Carl Löfberg, said the company expects to bring the drill rig back to Sarvi during the second quarter for an estimated 2,000 metres of additional drilling.
“Our winter drill programme is going very well so far. In fact, for the first time in FireFox’s history we have a core rig operating at the same time as two base-of-till drilling rigs,” he said.
“We have already drilled three of our four permitted projects and are now advancing towards the first drilling on our Sarvi Project. Our integrated interpretation of geophysics, mapping, BOT sampling, and new trenching data has dramatically improved our understanding of the geology and targets at Sarvi.
“Our team believes that the southern portion of the Sarvi Project occupies a similar geologic setting to Rupert’s Area 1 Project, so this is a very exciting time in the company’s short history.”
The Sarvi Project is part of the company’s large land package covering part of the Kittilä Suite of volcanic rocks in the Central Lapland Greenstone Belt. The project is centred on the Sarvi exploration permit, and also includes the Sarvi-2 tenement to the north and Keulakko to the west.
The company was recently granted exploration permits for the latter two properties, expanding its ability to conduct mechanised exploration and drilling across all three properties, a total of 21 sq. km.
Firefox has also completed roughly one third of the planned stage 1 BOT sampling program at Sarvi. To date, the company has collected approximately 1,200 BOT samples, of which 769 analytical results have been received, mostly in the northwest portion of the project.
The program will continue across the property and with infill BOT sampling on closer spacing around the emerging targets in the northwest. So far, the BOT results have returned potentially significant anomalies in gold, silver, arsenic, antimony, copper, molybdenum, bismuth, tellurium, and other elements.
The team continues to receive results from the lab on a regular basis, so analysis and interpretation remains preliminary. However, the anomalous results occur in clusters, often associated with interpreted structures and geologic contacts from the geophysics.
For further information please visit: https://www.firefoxgold.com/