Goldeye Drills More High Grade Gold Intercepts at RvG4 and
Bernadette, Including 110 g/t Over 0.3 Metres and 131 g/t Over 0.3
Metres
TORONTO, ONTARIO--(Marketwired - Apr 9, 2014) -
HIGHLIGHTS:
RVG4 ZONE |
|
|
BK14-17 |
9.35 g/t over 4.51 metres, including 110 g/t over 0.3 metres and
19.9 g/t over 0.3 metres (core length; not capped) |
|
|
BERNADETTE ZONE |
|
|
BK14-23 |
10.89
g/t over 3.85 metres, including 131 g/t over 0.3 metres (core
length; not capped), from top of bedrock |
Goldeye Explorations Limited (TSX-VENTURE:GGY) is pleased to
release the assay results for drillholes targeting three zones:
RvG4 (BK14-17, BK14-20, BK14-21, BK14-22), BERNADETTE (BK14-04,
BK14-23), and KNOLL (BK14-09, BK14-23).
RvG4 Zone
Numerous occurrences of visible gold were observed in previously
reported BK14-18 (23.25 g/t over 3.97 metres). BK14-17 drilled from
the same set-up but different azimuth returned gold assays of 110
g/t and 19.9 g/t within a composite zone assaying 9.35 g/t over
4.51 metres. Holes BK14-20, 21, and 22 were drilled to further
delineate the zone. Hole BK14-20 returned assays of 6.63 g/t over
0.3 metres and 11.8 g/t over 0.4 metres within a composite zone
assaying 2.36 g/t over 3.55 metres. BK14-22 returned an assay of
5.51 g/t over 0.67 metres. Holes 17, and 20 were drilled beneath a
surface showing known as RvG4. Holes 18 and 22 were drilled
approximately 25 metres along strike to the southeast of the RvG4
showing. Channel sampling of RvG4 by Goldeye in November 2013
returned gold values of 10.85 g/t over 1.58 metres and 21.64 g/t
over 0.86 metres.
Bernadette Zone
Hole BK14-23 collared in highly anomalous gold values related to
the Bernadette Zone. Visible gold was noted in cm scale grey quartz
veinlets within weak to moderately bleached, silicified quartz-eye
tuffs. The top of the hole assayed 10.89 g/t over 3.85 metres
including 131 g/t over 0.3 metres.
Bernadette and RvG4 Zones would appear to be part of the same
system as Knoll, but outboard of the intense, coherent alteration
zone that characterizes Knoll. At Bernadette and RvG4, gold
mineralization is characterized by fine visible gold in pyritic mm
to cm scale quartz veinlets as well as crack-seal quartz tourmaline
veins. The veins/veinlets are surrounded by discrete haloes of
bleaching and silicification and biotitization of quartz-eye
tuffs.
Knoll Zone
Gold values of 2.95 g/t over 4.1 metres including 6.6 g/t over
1.5 metres in BK14-09 and 1.28 g/t over 10.06 metres, including
2.38 g/t over 2.12 metres in BK14-23 represent the twelfth and
thirteenth of thirteen drill holes reported to date at Knoll with
significant gold values. Knoll shows consistent geology, pervasive
strong to intense silica-carb-sericite alteration with higher gold
values associated with intense quartz flooding/veining.
New Results
Table
Drill Hole |
From (metres) |
To (metres) |
Interval (metres) |
Composite Assay g/t Au |
Comment |
BK14-04 |
42.4 |
45.36 |
2.96CL |
1.88 |
Bernadette |
|
59.7 |
60.0 |
0.30 CL |
3.54 |
Bernadette |
|
|
|
|
|
|
BK14-09 |
78.9 |
83.0 |
4.10 CL |
2.95 |
Knoll |
|
|
|
1.80 TT |
2.95 |
|
|
78.9 |
80.4 |
1.50 CL |
6.60 |
|
|
|
|
0.65 TT |
6.60 |
|
|
|
|
|
|
|
BK14-17 |
48.68 |
53.19 |
4.51 CL |
9.35 |
RvG4 |
|
48.68 |
53.19 |
4.51 CL |
5.36 |
Capped at 50 g/t |
Incl. |
48.68 |
48.98 |
0.30 CL |
110.00 |
|
|
|
|
|
|
|
BK14-20 |
72.15 |
75.7 |
3.55 CL |
2.36 |
RvG4 |
Incl. |
72.15 |
72.45 |
0.30 CL |
6.63 |
|
And |
72.3 |
72.7 |
0.40 CL |
11.80 |
|
|
|
|
|
|
|
BK14-21 |
|
|
|
N.S.V. |
RvG4 |
|
|
|
|
|
|
BK14-22 |
87.68 |
88.35 |
0.67 CL |
5.51 |
RvG4 |
|
|
|
|
|
|
BK14-23 |
7.85 |
11.7 |
3.85 CL |
10.89 |
Bernadette3 |
|
7.85 |
11.7 |
3.85 CL |
4.57 |
Capped at 50 g/t |
Incl. |
11.4 |
11.7 |
0.30 CL |
131.00 |
|
|
23.5 |
23.8 |
0.30 CL |
5.93 |
Bernadette2 |
|
35.6 |
35.9 |
0.30 CL |
4.01 |
Bernadette1 |
|
123.04 |
133.1 |
10.10 CL |
1.28 |
Knoll |
Incl. |
123.04 |
125.16 |
2.12 CL |
2.38 |
|
Incl. |
124.73 |
125.16 |
0.43 CL |
4.51 |
|
|
CL = Core Length |
TT = True Thickness |
Blaine Webster states, "We continue to intersect significant
gold values on all three showings we have explored to date. Knoll
will be our priority going forward due to the continuity we are
seeing; however the higher grade hits we are getting at RvG4 and
Bernadette are compelling. These zones are close enough together
that we are likely looking at one large gold system.
Alteration/mineralized widths also appear to be improving at depth
at Knoll and as we drill deeper, more of the Bernadette zones will
be tested in the top portion of the holes."
Table of Previously
Released Results
Drill Hole |
From (metres) |
To (metres) |
Interval (metres) |
Composite Assay g/t Au |
Comment |
BK14-01 |
4.45 |
9.65 |
5.20 CL |
1.44 |
Upper Knoll |
|
13.60 |
15.60 |
2.00 CL |
1.79 |
Knoll |
|
|
|
|
|
|
BK14-02 |
13.10 |
16.50 |
1.40 TT |
2.89 |
Upper Knoll |
|
30.60 |
33.20 |
1.09 TT |
4.74 |
Knoll |
|
|
|
|
|
|
BK14-03 |
34.15 |
41.00 |
4.93 TT |
12.86 |
Bernadette |
|
34.15 |
41.00 |
4.93 TT |
3.66 |
Capped at 50 g/t |
Incl. |
34.15 |
35.30 |
0.83 TT |
70.23 |
|
|
34.15 |
35.30 |
0.83 TT |
15.45 |
Capped at 50 g/t |
Incl. |
34.15 |
34.50 |
0.25 TT |
230.00 |
|
|
60.65 |
62.75 |
1.51 TT |
5.29 |
Bernadette 2 |
|
|
|
|
|
|
BK14-05 |
14.65 |
18.15 |
2.73 TT |
12.45 |
Knoll |
|
|
|
|
|
|
BK14-06 |
39.50 |
40.70 |
0.88 TT |
8.85 |
Knoll |
|
|
|
|
|
|
BK14-07 |
51.80 |
58.00 |
2.05 TT |
12.17 |
Knoll |
Incl. |
51.80 |
55.70 |
1.29 TT |
18.69 |
|
|
|
|
|
|
|
BK14-08 |
36.23 |
39.74 |
3.51 CL |
5.78 |
Knoll |
Incl. |
37.56 |
39.74 |
2.18 CL |
8.59 |
|
|
|
|
|
|
|
BK14-10 |
9.4 |
11.2 |
1.80 CL |
4.54 |
Knoll |
|
|
|
|
|
|
BK14-10 |
38 |
40.5 |
2.50 CL |
4.86 |
FW Zone |
Incl. |
38 |
39.15 |
1.15 CL |
9.59 |
|
|
|
|
|
|
|
BK14-11 |
15 |
27.57 |
12.57 CL |
3.72 |
Knoll |
Incl. |
22.1 |
27.57 |
5.47 CL |
6.71 |
|
Incl. |
22.1 |
23.55 |
1.45 CL |
18.26 |
|
|
|
|
|
|
|
BK14-12 |
20.7 |
34.97 |
14.27 CL |
4.57 |
Knoll |
Or |
20.7 |
34.97 |
5.50 TT |
4.57 |
|
Incl. |
20.7 |
27.73 |
7.03 CL |
6.76 |
|
Or |
20.7 |
27.73 |
3.00 TT |
6.76 |
|
|
|
|
|
|
|
BK14-12 |
68.37 |
70.27 |
0.55 TT |
9.77 |
FW Zone |
|
|
|
|
|
|
BK14-14 |
52 |
61.65 |
9.65 CL |
2.58 |
Knoll |
Or |
52 |
61.65 |
3.20 TT |
2.58 |
|
|
|
|
|
|
|
BK14-16 |
78.33 |
85.16 |
6.83 CL |
8.59 |
Knoll |
Or |
78.33 |
85.16 |
6.83 CL |
7.82 |
Cap 50g/t |
Incl. |
78.33 |
80.88 |
2.55 CL |
18.96 |
|
Or |
78.33 |
80.88 |
2.55 CL |
16.88 |
Cap 50g/t |
|
|
|
|
|
|
BK14-18 |
43.56 |
47.53 |
3.97 CL |
23.15 |
RvG4 |
Or |
43.56 |
47.53 |
3.97 CL |
21.14 |
Cap 50g/t |
And |
57.39 |
61.40 |
4.01 CL |
7.33 |
|
|
CL = Core Length |
TT = Estimated True
Thickness |
True thickness has been estimated where holes have intersected
the zone at a relatively low core angle and the geometry of the
zone is understood. Individual gold assays have been arbitrarily
capped at 50 g/t in some of the results presented above.
Dill Hole
Coordinates
Drill Hole |
East |
North |
Elevation (m) |
Azimuth |
Dip |
Depth (m) |
BK14-01 |
474178.7 |
5879387.5 |
277.6 |
263 |
45 |
93.0 |
BK14-02 |
474178.7 |
5879387.5 |
277.6 |
263 |
79 |
51.0 |
BK14-03 |
474194.8 |
5879393.1 |
277.9 |
074 |
45 |
123.0 |
BK14-04 |
474194.8 |
5879393.1 |
277.9 |
074 |
65 |
81 |
BK14-05 |
474177.9 |
5879362.4 |
276.7 |
273 |
44 |
93.0 |
BK14-06 |
474177.9 |
5879362.4 |
276.7 |
270 |
69.9 |
60.0 |
BK14-07 |
474177.9 |
5879362.4 |
276.7 |
278 |
80 |
99.0 |
BK14-08 |
474189.7 |
5879407.7 |
278.1 |
264 |
44 |
120 |
BK14-09 |
474189.7 |
5879407.7 |
278.1 |
260 |
65 |
90 |
BK14-10 |
474176.1 |
5879341.5 |
274.7 |
273 |
43.5 |
60.0 |
BK14-11 |
474176.1 |
5879341.5 |
274.7 |
271 |
63 |
50.0 |
BK14-12 |
474176.1 |
5879341.5 |
274.7 |
271 |
73.5 |
84.0 |
BK14-14 |
474199.1 |
5879329.0 |
275.6 |
235 |
79.5 |
102.0 |
BK14-16 |
474203.4 |
5879335.9 |
275 |
274 |
65 |
90.0 |
BK14-17 |
473999.7 |
5879828.8 |
275.8 |
075 |
50 |
69 |
BK14-18 |
473999.7 |
5879828.8 |
275.8 |
109 |
47 |
90.0 |
BK14-20 |
473992 |
5879813 |
275.8 |
060 |
45 |
90 |
BK14-21 |
473992 |
5879813 |
275.8 |
007 |
55 |
75 |
BK14-22 |
473944 |
5879809 |
275.8 |
095 |
50 |
102 |
BK14-23 |
474260 |
5879382 |
275.8 |
270 |
45 |
206.5 |
The initial 2000 metre program was extended to 2219 metres, and
the drill is now stored on site in anticipation of additional 2014
summer and fall drilling programs. Final logging, and sampling has
been completed, with the final two holes available for release by
mid-April. Additional geochemical assaying, mainly for silver,
copper antimony and tungsten will commence once all gold assays
have been received.
Comprehensive information about the Weebigee project, including,
assays, plan maps, drill sections and drill data made, will be
posted on Goldeye's website (www.goldeye.ca) today.
Project Logistics and
QA/QC
All analyses reported in this release are from assay
certificates which passed Activation Laboratories QA/QC procedures.
All diamond drilling, logging and sampling was supervised in the
field by David R. Jamieson, P.Geo. Drill core was logged at the
Goldeye core facilities in Sandy Lake. Drill core was logged and
samples marked off by Goldeye geological staff. Marked samples were
cut by a diamond bladed core saw, with one half bagged in plastic
for sampling and the remaining half archived at the Sandy Lake core
facility. Standard and blank samples were included by Goldeye
personnel in the sample stream at the core facility at a rate of
approximately every 20 samples. All assays reported in this release
have passed Goldeye's QA/QC program. Drill core in which visible
gold was noted by the geologist was cut under the geologists
supervision to facilitate equal representation of visible gold in
both sampled and archived drill core. Where visible gold was noted
only in one half of the cut core, this half was archived. Samples
were placed in rice bags and shipped by Goldeye personnel by winter
road to Red Lake. The samples were picked up in Red Lake by
Activations personnel and delivered to Activation's Thunder Bay
facility. Samples were fire assayed for gold. Any analysis greater
than 5000 ppb was reassayed using a gravimetric finish. Activation
Laboratories is a fully accredited laboratory and conforms to the
requirements of ISO/IEC 17025 (ISO 9001) and CAN-P-1579 by the
Standards Council of Canada. Assays reported in ppb were converted
to g/t (grams gold per tonne of rock). Screen metallic assaying was
used where visible gold was observed in drill core.
The contents of this news release have been reviewed and
approved by David Jamieson, P.Geo., Technical Advisor for Goldeye,
and Blaine Webster, President and CEO of Goldeye, both of whom are
qualified persons as defined in NI 43-101.
On behalf of the Board of Directors,
Blaine Webster, P.Geo., President and CEO
About the Weebigee
Project
Goldeye's 100% owned Weebigee Project is located 227 kilometres
north of Red Lake in Northwestern Ontario and is comprised of 363
claims totaling approximately 6000 hectares. The NW Arm claim block
covers approximately 20% of the total project area and hosts the
highest density of gold showings in the Sandy Lake Greenstone
Belt.
The project is adjacent to Sandy Lake First Nation (population
approx. 3,000) which has excellent infrastructure including an
airport with daily direct flights to Winnipeg, Red Lake and Sioux
Lookout and winter road connection to Red Lake. All weather access
roads are located within one kilometre of the Knoll, Bernadette,
RvG4 and Wavano areas. Goldeye recently signed a comprehensive
Exploration Agreement with Sandy Lake First Nation and is pleased
to be working closely with the community.
About
Goldeye
Goldeye is a Canadian gold-focused exploration company with
properties in mineral rich, politically secure jurisdictions having
long traditions of mining. Weebigee is Goldeye's flagship project
in Canada. Goldeye also holds a 24.5% interest in the Todd Property
in British Columbia's Golden Triangle, a 100% interest in the Gold
Rock and West Shining Tree properties in Ontario, and additional
claims in Tyrrell Twp. In Chile, Goldeye owns 100% of the
Sonia-Puma property located 180 km north of Santiago.
FORWARD-LOOKING STATEMENTS
This news release contains forward-looking information which is
not comprised of historical facts. Forward-looking information
involves risks, uncertainties and other factors that could cause
actual events, results, performance, prospects and opportunities to
differ materially from those expressed or implied by such
forward-looking information. Such statements include the following:
"These zones are close enough together that we are likely looking
at one large system. Alteration/mineralized widths also appear to
be improving at depth at Knoll and as we drill deeper, more of the
Bernadette zones will be tested in the top portion of the holes",
"The initial 2000 metre program was extended to 2219 metres, and
the drill is now stored on site in anticipation of additional 2014
summer and fall drilling programs. Final logging, and sampling has
been completed, with the final two holes available for release by
mid-April. Additional geochemical assaying, mainly for silver,
copper antimony and tungsten will commence once all gold assays
have been received" and "Comprehensive information about the
Weebigee project, including, assays, plan maps, drill sections and
drill data made, will be posted on Goldeye's website
(www.goldeye.ca) today." Although the Company believes that the
assumptions and factors used in preparing the forward-looking
information in this news release are reasonable, undue reliance
should not be placed on such information, which only applies as of
the date of this news release, and no assurance can be given that
such events will occur in the disclosed time frames or at all. The
Company disclaims any intention or obligation to update or revise
any forward-looking information, whether as a result of new
information, future events or otherwise, other than as required by
law.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Goldeye Explorations LimitedBlaine Webster, P. Geo.President and
CEO416-315-9708bwebster@goldeye.caGoldeye Explorations LimitedRobin
Luke WebsterManager, Corporate Affairs and Community
Relations416-877-6389rwebster@goldeye.cawww.goldeye.ca
Goldeye Explorations (TSXV:GGY)
過去 株価チャート
から 5 2024 まで 6 2024
Goldeye Explorations (TSXV:GGY)
過去 株価チャート
から 6 2023 まで 6 2024