RE:RE:KESTREL GOLD SAMPLES UP TO 305.7 AU AT KING SOLOMONS DOME AP wire news for Kestrel....
Kestrel Gold - Samples up to 305.7 g/t Au at King Solomon’s Dome, Follow-up Trenching and Sampling Completed, 2020 Fall Drilling Planned
September 9, 2020 GMT
CALGARY, AB / ACCESSWIRE / September 9, 2020 / Kestrel Gold Inc. (“Kestrel” or the “Corporation”) (TSXV:KGC) is pleased to announce results from the preliminary 2020 exploration program on it’s 100% owned King Solomon Dome property (“KSD”). The property is located in the Yukon portion of the Tintina Gold Belt, 35 minutes by road south of Dawson City, within the famous Klondike placer gold district. Creeks draining from KSD have produced significant amounts of placer gold and Kestrel is evaluating the property’s potential to host economic bedrock sources for this gold.
The target at KSD is an orogenic-style north-south trending quartz vein system located over an approximate 1.0 kilometre east-west by 2.2 kilometre north-south area, with the preliminary program providing prospecting coverage of gold and silver bearing soil geochemical anomalies and showings within this area. Quartz veins at KSD often occur in sheeted arrays, are commonly limonitic, occasionally sulphide bearing and range up to 2.1 metres in width but are more commonly 10-20 centimetres wide. Wallrock to veins is occasionally pyritic, iron carbonate altered and silicified. During the course of the program fine visible gold was noted along the margin of a 10-centimetre-wide quartz vein located in the collar of a shaft dating from 1911. Sampling of quartz veins returned values ranging from <0.005 to 305.7 g/t Au and <0.3 to 1,302 g/t Ag. Sampling of wallrock to the quartz veins returned values ranging from <0.005 to 5.075 g/t Au and <0.3 to 7.7 g/t Ag. A follow-up program of excavator trenching and rock sampling has recently been completed, with results to be released once analytical data has been received and interpreted. Permits are in place for a 10-hole reverse circulation drill program which is currently planned for late September.