Vancouver, British Columbia (GLOBE NEWSWIRE) — March 10, 2022 — K9 Gold Corp (TSXV: KNC) (OTCQB: WDFCF) (FSE: 5GP)) is an important gold mine in the Moonlight zone within the central Stony Lake project. Crossed with the chemical action. Newfoundland.Drill holes ML21-016 intersect Includes an average of 0.84 g / t gold 9.52 meters, a downhaul of 163.0 to 172.52 meters, an average of 2.18 g / t gold 2.0 meters 163.0 to 165.0 meters Down hole. The Stoney Lake property is located in the Kapley / Valentine Lake Exploit Subzone Gold Belt in central Newfoundland, alongside the prolific Dog Bay Line, in parallel with Newfoundland’s Queen’s Way project.
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For more information, check out the Investment Pitch Media video that provides this news and additional information about the company, as well as a video comment by Chief Geologist and Director of K9 Gold, Chris Healey. The video is “InvestmentPitch“When”YouTube“. If these links are not enabled, please visit the following URL: www.InvestmentPitch.com Type K9 Gold in the search box.
The project covers a favorable trend of 13,625 hectares and 27 kilometers between the discovery of Moosehead in Socommon in the northeast and the Valentine Lake deposits in the marathon in the southwest. There is excellent infrastructure in and around the project land.
This new discovery at Moonlight is about 14 km southwest of the Jumper Pond discovery and has the same geological tendencies. Then, in late 2021, three drill holes were completed from a drill pad about 300 meters west of the trench. The gold mineralization of ML21-016 is hosted by the dark gray-green intermediate volcanic rocks of the Laurenston Formation, about west of the channel sample of the B-layer soil material, which is 15 meters wide and averages 0.81 g / t gold. It is located at 200m. ..
Drill holes ML21-016 intersect Includes an average of 0.84 g / t gold 9.52 meters, a downhaul of 163.0 to 172.52 meters, an average of 2.18 g / t gold 2.0 meters 163.0 to 165.0 meters Down hole. The video table shows the weighted average grade of all intervals of significant gold mineralization above the 0.1 g / t gold cutoff.
Historical studies in the Moonlight region have found a number of highly mineralized boulders with gold values of 50-3241 ppb. Rocks occur in several clusters around what is now known as the Moonlight Trench and along the eastern shore of Lake Tumbler.
A series of 3 meter long channel samples of B-layer soil were collected and returned a weighted average of 0.81 g / t gold and> 1000 ppm arsenic in 0.24-2.14 g / t gold channel samples. ..
Ground exploration and sampling identify seven broad areas of very anomalous to low-grade (up to 4.0 g / t gold) to high-grade (> 4.0 g / t gold) gold mineralization in Lake Stony. it was done.
As a follow-up to the exploration work, about 100 anomalies are interpreted by two large grids of IP ground geophysics surveys, in addition to systematic exploration with aerial geophysics and extensive soil sampling of the entire property. , At least 10 of them are rated high priority. Drill the target.
The company also owns a 100% stake in the Desert Eagle Vanadium-Uranium Project in the historic Henry Mountain Mining District of southeastern Utah. The area is home to extensive historic vanadium and uranium mining, near Anfield Energy Inc’s Shootaring Canyon plant.
The stock is trading at $ 0.26. For more information, please visit the company’s website. www.k9goldcorp.com1-833-434-GOLD (4653), contact director Kosta Tsoutsis at 604-808-9134, or email firstname.lastname@example.orgOr contact Brian Morrison, CFO, 604-312-6910 or email email@example.com..
The information in this Investmentpitch Media Ltd video is for viewers only. K9 Gold paid no more than $ 2,000 in cash to create the current news release in video format. Corporate information is based on publicly available information. The information provided by Investmentpitch Media Ltd. through its media services should not be construed as a recommendation, offer or offer to buy or sell securities, but only as an information media service. Investmentpitch Media Ltd makes no warranties or promises regarding the accuracy or completeness of this information. All due diligence must be done by the viewer or his financial adviser. Investing in securities is speculative and risky.
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InvestmentPitch Media Video describes the key gold mining intersection of K9 gold in the Moonlight Zone within the Stony Lake project in central Newfoundland.
Source link InvestmentPitch Media Video describes the key gold mining intersection of K9 gold in the Moonlight Zone within the Stony Lake project in central Newfoundland.