Intriguing Intervals Intersected In A Number Of Holes In Arizona
Kingman Minerals Ltd (TSXV:KGS) has received “intriguing” assay results from for borehole MH-04 which completed at a depth 268.9 m during its Phase I Drilling Programme at the company’s flagship Mohave Gold Project located near Kingman, Arizona, USA.
The Phase I Drilling Programme consisted of five confirmation drill holes to verify both the nature and grades of historic mineralisation and mining performed at the previously producing Rosebud Mine.
Borehole MH-04 intersected a broader halo of mineralisation compared to other boreholes which was focused within a brecciated and sulphide-rich diabase-hosted zone from 377 – 383 feet (114.9 – 116.7 m).
Results within this 1.8m interval showed an average grade of 6.76 g/t Au and 26.3 g/t Ag with several highlight intervals including overlimit assays of 20.3 g/t Au and 36.4 g/t Ag from 379-380 ft (115.5-115.8 m) and 10.1 g/t Au with 34.7 g/t Ag from 380-381 ft (115.8-116.1 m) which focused within the sulphide breccias of very little iron oxidation suggesting that the sulphides are likely carrying the predominant gold within the mineralogy.
“The extent of alteration, total length of intercept, abundant amounts of sulphides, and concurrent gold and silver grades in and around these highlight intervals are intriguing as they have now been intersected and encountered in several holes with similar results,” said Brad Peek, M.Sc. CPG and Qualified Person for the Mohave Project.
The company stated that the Phase I Drilling Programme confirmation and exploration drilling continues to exceed its expectations with assay-proof of gold and silver grades coupled with intriguing geological observations suggestive of greater ore-deposit bearing.
