Extends High-Grade Gold Strike At Mustajärvi
FireFox Gold Corp. (TSXV:FFOX) continues to hits shallow, narrow, high-grade intercepts from its phase 3 core drilling programme at its 100% owned Mustajärvi Gold Project in the Central Lapland Greenstone Belt, Finland.
Recent intercepts include 2.0m at 33.25 g/t gold and 0.5m at 9.36 g/t gold in drillhole 20MJ009 and 0.5m at 11.20 g/t gold in 20MJ008.
President and CEO, Carl Löfberg, said new high-grade intercepts have extended the strike of known high-grade gold along the shear zone to more than 1.5 kilometres.
One of these new intercepts falls within the Central Zone, which has previously yielded intercepts as high as 2.0m at 45.1 g/t gold in drillhole 18MJ010.
“The results from our third drill programme at Mustajärvi continue to be encouraging, and our understanding of the complex structural controls is growing,” Mr Löfberg said.
“Notably, the Northeast Target, which has seen very little work so far, is returning very interesting gold results.
“The team is engaged in detailed geological and structural modelling aimed at updating our interpretation of the key controls on the high-grade gold.
“The detailed ground magnetics has been helpful in identifying these structures, and we expect to conduct additional geophysical surveys and till sampling before the next phase of drilling.”
The 2020 drilling occurred in four areas of the property, testing several different types of targets identified in previous drilling and last summer’s exploration program at Mustajärvi.
The sparsely drilled Northeast Target returned the best intercepts in this drill programme. Drillhole 20MJ009 was a solitary hole aimed at the MSZ, collared approximately 580 metres northeast from the Central Zone and 58 metres northeast from drillhole 19MJ006 (12 g/t Au over 1.95 metres; see Company news release dated Nov. 26, 2019).
=Southwest of the Central Zone, the MSZ bends to the south where it encounters interpreted cross structures and is marked by a strong IP geophysical anomaly. Three drillholes in the 2020 programme were aimed at these targets along the shear zone. Drillhole 20MJ005 was collared approximately 150 metres southeast from the shear zone. The hole intersected albitised, silicified and iron-carbonate altered pyrite-bearing ultramafic tuffites of the Sodankylä Group
The remaining drillholes did not return significant gold intercepts but contributed to mapping the MSZ and confirming alteration in the gabbro on the west end of the Project.