Crestview Exploration Inc C.CRS

Crestview Exploration Inc. is a Canada-based exploration company focused on the exploration and development of its portfolio of gold and silver properties located in prolific mining districts in Nevada. The Tuscarora Complex includes the Rock Creek, Dry Creek, and Falcon claim blocks, for a total of approximately 239 claims. The Rock Creek gold project is its flagship asset, with 72 unpatented lode mining claims. It has expanded on the land position with claim staking at Dry Creek (43 claims) and with the acquisition of the Falcon silver-gold prospect (124 claims). The Tuscarora Complex is situated in a region with gold deposits (including Midas, Jerritt Canyon, Betze-Post, Meikle, and Gold Quarry), finding large, high-grade gold-silver deposits. The Cimarron project is located in the San Antonio Mountains of Nye County, Nevada, and is composed of 31 unpatented lode mining claims, including control of six historically producing claims associated with the historic San Antonio mine.

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Post by yukon_goldon Dec 21, 2021 7:26pm

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Post# 34252741

CRS Updates Surface Sampling & Mapping at Castile Mountain

www.crestviewexploration.com

December 21, 2021 Crestview Exploration Announces Updates to Surface Sampling and Mapping at the Castile Mountain Gold Prospect in Tuscarora, NV

Calgary, Canada December 21, 2021 – Crestview Exploration Inc. (CSE: CRS, Frankfurt: CE7) (“Crestview” or “the Company”) is pleased to announce the results of the 2021 mapping and sampling program at the Castile Mountain gold prospect in Tuscarora, NV. Crestview’s Castile Mountain prospect was mapped at a 1:2,000 scale, and additional surface chip samples were collected. The 2021 sampling program at Castile is comprised of 15 surface samples taken from faulted and fractured zones with strong alteration and mineralization envelopes (silicification and iron oxides).

Justin Lowe, VP Exploration, commented “our 2021 mapping and sampling at Castile has further demonstrated the target concept for the property, with several of our samples containing anomalous gold including one at greater than 0.5 g/t Au. Looking forward, a key aspect for a successful drill program at Castile will be intersecting the unconformity between the surface volcanics and underlying metasedimentary basement. To this end, we are looking into conducting a geophysical survey ahead of our planned 2023 Reverse Circulation drilling program.”

For general information and updates on all properties, CRS invites you to view the CEO’s Interview at:

Castile Mountain The geologic mapping conducted at Castile indicates that drilling, both shallow and deep, is warranted to pin down structural intersection zones and the unconformable contact between the Tertiary volcanic rocks with the Palaeozoic basement.
Tertiary volcanic rocks at Castile Mountain are represented by andesite breccias (Tpx) and minor andesite lavas (Tpa; Map 1). Palaeozoic siliciclastic rocks are exposed about 3 kilometres SW of Castile. Alteration and mineralization are structurally controlled along faults and fractures. A strong NW-trending, NE-dipping structural zone, with a minimum width of about 500 meters, crosscuts the Tertiary volcanics and is assumed to be a depositional site of precious metals. This primary fabric is intersected by NE-trending, SE-dipping structures of variable widths (~50-70 meters). These intersection zones are spatially associated with alteration and iron oxides.
Volumetrically the most important type of alteration that affects the andesite breccias is a pervasive illitic assemblage preserving most of the original textures. Commonly, the andesite breccia is vuggy (pitted) due to the removal of altered feldspar phenocrysts. Weak propylitization only affects the andesite lavas, although in some locations the lavas are altered to an illitic assemblage with strong iron oxides proximal to structures.
Iron oxides (exotic jarosite and hematite with minor late goethite) are abundant across the property. The iron-oxides proportions vary across the property from approximately 70 % jarosite and 30 % goethite to approximately 90% goethite and 10 % hematite. An additional 15 samples were collected at the Castile Mountain gold prospect (Map 2) in 2021, bringing the total number of surface samples collected at Castile to date to 34, with 17 samples containing greater than 0.1 g/t Au including 3 samples greater than 0.5 g/t Au.

Map 1: Castile Lithology and Alteration

Map 2: Castile Sampling

This News Release was prepared by J.A. Lowe, M.Sc. Geology. Brian T. Brewer, M.Sc., CPG #11508, is a Qualified Person as defined by NI 43-101 and has reviewed and approved the scientific and technical disclosure in this news release.

About Crestview Exploration Inc: Crestview Exploration is a technology driven, well-funded and experienced exploration company focused on finding gold and silver deposits in mining friendly jurisdictions. The Crestview’s projects Rock Creek, Divide, and Castile Mountain are situated in the Tuscarora Mountains of northern Elko County, Nevada. The company’s Tuscarora properties combined comprise a total of 101 unpatented lode mining claims, with 74 claims at Rock Creek, 19 claims at Divide, and 8 claims at Castile Mountain. The Cimarron project is located in the San Antonio Mountains of Nye County, Nevada, and is comprised of 31 unpatented lode mining claims, including control of 6 historically producing claims associated with the historic San Antonio mine.

For further information please contact: Chris Wensley, Chief Executive Officer Tel: 1-778-887-3900 Email: Chris@crestviewexploration.com www.crestviewexploration.com