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Kestrel Gold Inc V.KGC

Alternate Symbol(s):  KSTBF

Kestrel Gold Inc. is a Canada-based exploration company. The principal business activities include the acquisition, exploration, and evaluation of mineral properties. The Company owns a 100% interest in the QCM Property, which is an orogenic gold target located in the Manson-Germanson placer district and the Fireweed Property located in the Babine Lake area, an advanced stage silver rich polymetallic epithermal target. The Company also owns a 100% interest in the KSD Property, which is an orogenic gold target located in the Yukon portion of the Tintina Gold Belt. The QCM property is 7,362 hectares covering an approximate 15-kilometre strike length of the Manson Fault Zone. QCM property has two main target areas on the property, Main Zone and 14 Vein, as well as numerous other mineralized showings. Fireweed is in central BC, northeast of the town of Smithers. King Solomon’s Dome is a topographical high point (1230m) in the Dawson Mining District in the Yukon Territory of Canada.


TSXV:KGC - Post by User

Comment by worldeyeon Sep 26, 2020 4:30pm
149 Views
Post# 31625701

RE:mentioned in globe and mail by mistake I think

RE:mentioned in globe and mail by mistake I thinkNo...
not correct..!!
the article in the Globe and Mail was regarding KESTREL... not Kinross

Kestrel Gold - Drilling Starts at King Solomon's Dome

ACCESSWIRE - Wed Sep 23, 8:00AM CDT
 

CALGARY, AB / ACCESSWIRE / September 23, 2020 / Kestrel Gold Inc. ("Kestrel" or the "Corporation")(TSXV:KGC.VN) is pleased to announce the start of drilling on it's 100% owned King Solomon's 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.

Current planning is for a 10-hole, approximate 550 metre, reverse circulation drill program designed to test 6 targets within the previously identified 1.0 kilometre east-west by 2.2 kilometre north-south trending orogenic-style quartz vein system. Targets consist of sheeted gold-silver bearing quartz veins with occasional pyrite, galena and rare visible gold along with altered and mineralized wallrock. Values from quartz veins range from <0.005 to 305.7 g/t Au and <0.3 to 1,302 g/t Ag, while samples of altered and mineralized wallrock adjacent to veins returned values ranging from <0.005 to 5.075 g/t Au.

Drilling is expected to be completed by early October, with results to be released once they are received, compiled and interpreted. Drill holes will be sampled over their entire length at 1.52 metre intervals. Samples will be submitted to Bureau Veritas with preparation by PRP70-1kg (crush and pulverize 1 kilogram of material) with gold analyses by FS631-1kg (1kg metallic screen analyses) and multi-element analyses by AQ300 (0.5g sample for 33 elements by aqua regia digestion and ICP-ES).

 


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