Plus Another New Gold Discovery,.Golden AnchorForgot all about the Golden Anchor Discovery which has the making of perhaps the largest of the three newly discovered Gold zones.
It was not included in the 2022 FS
As a prelude , Richmont had grades of just above 16 grams per ton which they mined using a small open pit and under ground mining.
Golden Anchor starts just 100 m NE of the 2022 defined HD pit as described below..
Golden Anchor (Au)
The Golden Anchor prospect is located approximately 100 m northeast of the Hammerdown gold deposit and occurs stratigraphically above the zinc rich Lochinvar VMS deposit.
In the Golden Anchor area, the geological structures change direction to the south creating a fold nose and the potential for dilational openings to occur creating a similar mineralizing structural environment similar to the Hammerdown and Rumbullion deposits.
Drilling in 2020 and 2021 tested the Golden Anchor and Lochinvar trends, intersecting multiple narrow quartz sulphide veins extending the Golden Anchor trend to the east and west.
Drill hole GA-20-35 tested the western extension of the Golden Anchor trend towards the Hammerdown deposit intersecting thin veins with visible gold and returning 10.24 g/t Au and 18.0 g/t Ag over a 4.0 metre interval.
The Golden Anchor veins have been partially delineated over a strike length of 600 m and remain open in all direction
( HD pit is about 400 m in length )