Eros JV with MAS completes first round of drilling.From Eros: Which is an absolute bargain based on the Skeena holding. MAS Gold Corp. and Eros Resources Corp. have signed a formal agreement granting Eros the exclusive right to earn a 17.5-per-cent interest in all of MAS Gold's current properties in the prospective La Ronge gold belt of northeastern Saskatchewan by financing $3.5-million in exploration expenditures over a six-month period. From MAS today:
MAS Gold completes 34 drill holes at North Lake
2022-03-08 16:13 ET - News Release
Mr. Jim Engdahl reports
MAS GOLD COMPLETES DRILLING ON THEIR 100% OWNED NORTH LAKE DEPOSIT
MAS Gold Corp. has completed drilling at the North Lake deposit on its 100-per-cent-owned Preview North property in the La Ronge gold belt in Saskatchewan. A total of 4,123.5 metres were completed over 34 diamond drill holes (DDH) (Figure 2). Samples are currently being processed and delivered to SRC Laboratories in Saskatoon Saskatchewan.
The drill program was successful in completing 24 infill drill holes, four twin drill holes and six exploration drill holes (Table 1). A total of 3,759 samples were sent for assay with 3,256 being core samples and 503 additional samples reserved for Quality Assurance and Quality Control (QAQC). A robust QAQC program was implemented at the start of the drill program at the North Lake Deposit which resulted in 13% percent of the samples sent to SRC were dedicated to QAQC. All drill holes were successful in intersecting the felsite unit (also mapped as Arkose) which is known to host previously intersected mineralization hosted in broad zones of sheeted quartz veins. DDH NL22-081 and NL22-083 were successful in extending the felsite by 80 metres to the northeast and DDH NL22-101 was successful in extending felsite by 50 meters to the southwest (Figure 2).
"In addition to implementing an aggressive QAQC program the MAS geological team was able to successfully extend the felsite host by 80 metres to the northwest and 50 metres to the southwest," reported Jim Engdahl, CEO of MAS Gold Corp. He continued, "We are excited to initiate our next phase of drilling on the Point Deposit and the Preview SW Deposit."
The on-going drilling is expected to continue throughout the month of March as the next phase of the program transitions to the Point Deposit and the Preview SW Deposit. One drill rig is currently operating at the Point Deposit on MAS Gold's Preview-North property and has completed three holes (RM22-057 through RM22-059) for a total of 584 metres with one drill hole in progress (RM22-060) (Figure 3).
Point Deposit (MAS Gold Corp.)