Chesapeake Gold Corp. (TSXV: CKG | OTCQX: CHPGF) has extended the gold-bearing skarn mineralized corridor at its Lucy Project located with its phase 2 drill programme.
Jean-Paul Tsotsos, interim CEO, commented, “The positive results gathered during this exploration phase continue to add cadence to the robust nature of the mineralized system at Lucy. During this exploration phase, we successfully intersected more high-grade gold mineralization starting from surface, extended the gold mineralized zone from 500 to 700m, and the corridor remains open along strike in either direction and at depth.
In total, 12 holes and 939m were drilled along the known mineralized corridor, and an additional 101 surface soil and rock geochemistry samples were collected to the Northeast of the drilled gold zone. The company also completed a 63-line kilometre ground magnetics survey covering the entire property.
“Encouraging soil and rock sampling results have accelerated a detailed mapping program over a larger footprint of the property with additional geochemistry sampling activities also underway. These additional results will be integrated into the next phase of drilling to further uncover the value of this important discovery.” Jean Paul added.
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