Significant program highlights include:
- Recognition of a previously unknown shear-related style of mineralization with values up to 3.6 g/t gold;
- Values of 38.8 g/t and 14.3 g/t gold from grab samples at the Horseshoe iron-formation target.
The mapping and prospecting campaign has successfully advanced the understanding of multiple target types on the project including iron-formation hosted gold that was the initial project target priority. In addition, increased focus is being given to gold-bearing volcanogenic massive sulphides (“VMS”) targets and a newly recognized shear related style of mineralization, both of which were highlighted by the 2016 airborne VTEM (Versatile Time Domain Electro Magnetic) survey. This new shear zone type of mineralization significantly expands the discovery potential on the project.