Good Start To New Drill Programme Underway In Finland
FireFox Gold Corp. (TSXV: FFOX) has encountered coarse visible gold (VG) in the first drill hole of a newly commenced phase 4 diamond drilling programme at its 100%-owned Mustajärvi Gold Project in the Central Lapland Greenstone Belt of northern Finland.
The visible gold occurs as six discrete flakes (up to 1.0mm across) in a quartz-carbonate-tourmaline vein (QCT vein) within a 32-metre-wide zone of variably veined and altered metasedimentary rocks.
The drill core is being logged and prepared for sampling, so no assays are available yet to confirm the quantity or extent of gold in the drill hole.
FireFox has reported numerous drill intercepts of relatively narrow high-grade gold mineralisation at the Mustajärvi Project since its first drill programme in 2018, but this is the first visible gold reported by FireFox geologists at the project.
Drill hole 21MJ001 is a significant step-out (150m) to the northeast from a recently reported high-grade intersection in drill hole 20MJ009 (2.0m at 33.25 g/t gold.
President and CEO, Carl Löfberg, said the VG occurs in a 1.4 m section of QCT-veins from 184.2 to 185.6m depth.
“We are very excited to report the first visible gold from drilling at the Mustajärvi Project. The new drilling has encountered significant zones of intense alteration and veining along trend but beyond the extents of previous drilling,” Mr Löfberg said.
“In light of this favorable geology, we shall move quickly to secure assays on these samples and to carefully consider our plans for the current drill programme.”
The Mustajärvi Project lies along the highway between the cities of Kittilä and Sodankylä, approximately 17 km east of Kittilä.
The project remains in the early stages of exploration, having only seen approximately 4,170m of drilling by FireFox since 2018.
FireFox has developed a structural model that has identified dilatant zones along the major structure where higher grade gold is concentrated. Company geologists believe that the most prospective gold targets are in the Sodankylä Group metasedimentary rocks, which are to the north of the shear zone in the footwall. In this area, the Sodankylä Group includes metamorphosed sedimentary and volcaniclastic rocks. At Mustajärvi, the most quartz-rich portions of these rocks have become brittle due to pre-gold pervasive alteration with silica and albite, and host higher-grade gold where they have been shattered, brecciated, and veined.
The 2021 drill programme is targeting the brittle rocks in these interpreted dilatant zones at the Northeast Target, the Central Zone with its historic surface workings, and possibly at new targets farther to the northeast and southwest.
