HighGold Mining Inc.[HIGH-TSXV; HGGOF-OTCQX] reported remarkably top-quality drill arises from the Difficult Creek possibility (DC), situated 4 km northeast of the business’s 750,000- ounce-indicated 10.9- g/t equivalent (AuEq) JT deposit resource. Difficult Creek is among numerous local potential customers being checked out by HighGold on the 100%- owned district-scale Johnson Tract job found near tidewater, 125 miles (200 km) southwest of Anchorage, south-central Alaska.
Drill hole DC21-010 returned 577.9 g/t gold, 2,023 g/t silver, 2.15%zinc and 0.30%copper over 6.40 metres, consisting of 982.7 g/t gold, 3,436 g/t silver, 2.80%zinc and 0.44%copper over 3.76 metres, consisting of 2,860 g/t gold, 9,990 g/t silver, 5.0%zinc and 0.88%copper over 1.26 metres.
” Without a doubt, this is a game-changing drill hole that strongly develops the DC possibility as a 2nd centre of state-of-the-art mineralization and verifies our conviction in the multideposit capacity at Johnson Tract,” commented president and CEO Darwin Green. “The bonanza-grade crossway in hole DC21-010 represents the greatest grade drilled to date on the JT task, which is a substantial accomplishment offered the variety of exceptional drill crossways created formerly in the primary JT deposit location. We anticipate the pending assay arise from extra step-out drill holes and the continuous expedition of this amazing early-stage possibility.”
Discussion of DC possibility location and drill outcomes
The DC possibility lies 4 km northeast of the JT deposit and is defined by a series of big gossan change zones comparable in design to the JT deposit that jointly cross a 1.5 x 3.0-km location.
An overall of 7 holes have actually been finished by Highgold at the Middle DC zone, consisting of step-outs down-dip and along strike of hole DC21-010
Three diamond drill rigs are presently running on the job in performance with a local geological mapping and geochemical tasting program, air and ground-based geophysical surveying, and a stage 1 metallurgical tasting program.
The JT deposit hosts an indicated resource of 2.14 million tonnes grading 10.93 g/t AuEq consisting of 6.07 g/t gold, 5.8 g/t silver, 0.57%copper, 0.80%lead and 5.85%zinc. Presumed resources are 580,000 tonnes grading 7.16 g/t AuEq and make up 2.05 g/t gold, 8.7 g/t silver, 0.54%copper, 0.33%lead and 6.67%zinc.