Kingfisher Metals Corp. (TSXV:KFR) has obtained high-grade assay results from three additional holes from its initial 14-hole (4925.3 m) drill programme on the Goldrange Project. Assay results for seven remaining drill holes are pending.
Goldrange is located approximately 25 km south of the town of Tatla Lake in the Chilcotin region of Southwest British Columbia.
Highlights
- Discovery of a high-grade vein and breccia intercept with 2.0m of 37.82 g/t Au, 20.0 g/t Ag, and 0.16% Cu including 1.0 m of 73.40 g/t Au, 39.50 g/t Ag, and 0.29% in hole GR21-014 located 68 m below surface.
- Shallow drilling has revealed broad zones of near-surface mineralisation over significant widths, such as 0.76 g/t Au over 8.0 m in hole GR21-012 and 0.36 g/t Au over 17 m in hole GR21-013.
- Initial drilling at the Cloud Drifter Trend has now confirmed multiple intercepts of open-ended gold mineralisation throughout the 550m of vertical extent that was partially tested in 2021. Approximately 90% of the ~3 km Cloud Drifter Trend remains untested by drilling.
“The headline intercept in GR21-014 demonstrates the potential for very high-grade gold mineralisation within the Cloud Drifter Trend,” CEO, Dustin Perry, said.
“The high-grade gold intercepts in GR21-014 and GR21-007 are located at low relative elevations and are close to surface, 68 m and 140 m respectively. These shallow targets are part of an emerging trend of high-grade gold mineralisation hosted in lower quartz diorite intrusions.
“Prospecting in 2020 identified several areas of disseminated and stockwork mineralized quartz diorite that grade up to 9 g/t Au. Seeing these styles of mineralisation on trend and up to 500 m away from these high-grade drill intercepts has our exploration team excited as we move towards the 2022 drill programme.”
The 2021 drill programme targeted a small part (350 m) of the western end of the gold-in-soil geochemical anomaly that defines the ~3 by 2 km Cloud Drifter Trend. It lies in an area of extensive forest cover and limited outcrop.
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