Idaho Campaign Targeting Historical Mineralisation In Resource Building Campaign
Freeman Gold Corp. (CSE: FMAN) has received promising assay results of core from an additional 11 of 34 diamond drill holes on its100% owned Lemhi Gold Project located in Idaho.
President and CEO, Will Randall, said the objective of the 2020 Phase 1 drill programme was designed to confirm historical mineralisation and allow the use of over 355 historical drill holes in a maiden National Instrument 43-101 compliant resource estimate.
The drill programme focused on infill and step-out drilling within the known mineralized body to increase confidence and maximise the potential resource.
All holes drilled to date have intersected high-grade shallow oxide gold. Selected highlighted results from the additional 11 holes are 2.6 g/t Au over 14.1m; 1.6 g/t Au over 86m, including 2.2 g/t Au over 20.2m; 0.9 g/t Au over 174.2m, including 3.9 g/t Au over 18.5m; and 3.5 g/t Au over 9.5m.
Gold mineralisation extends to at least 210m and is open at depth. Mineralisation discovered in a hole drilled below the intrusive unit encountered 1.2 g/t Au over 21.8m demonstrating that the mineralisation not only continues at depth but to the east. This drill hole was the easternmost hole drilled during the 2020 campaign.
This new zone remains open on strike. In addition, drill hole FG201-008 ended in mineralisation (181.93m to 182.97m contained 2.39 g/t Au), suggesting either additional mineralised stacks at depth and or proximity to a feeder zone. The results are being interpreted by technical staff for future follow up activities.
“These drill results continue to demonstrate the consistent high grade, near surface nature of the gold mineralization at Lemhi,” Mr Randall said.
“We have now received assay results, which have exceeded expectations, for half of the holes drilled by Freeman. In particular, we are very pleased at the response to drill testing the high-grade structures which are behaving in a consistent and predictable manner.
“We are also encouraged by FG20-014C which is our first drill hole to explore possible repetitions of the flat lying structures at depth below a predominant intrusive body. We now have confirmed that gold mineralisation continues at depth and will be working on follow up work to maximise this discovery.”
Gold mineralisation at Lemhi is open at depth and on strike.
