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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 with a focus on the Canadian Cordillera. The Company owns a 100% interest in the QCM Property, which is an orogenic gold target located in the Manson-Germanson placer district. The Company also owns a 100% interest in the King Solomon’s Dome (KSD) Property, which is an orogenic gold target located in the Yukon portion of the Tintina Gold Belt. The QCM Property is 8,729 hectares, covering an approximate 15-kilometer 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. The 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

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  • gunfighterX
Post by gunfighteron Aug 17, 2022 4:40pm
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Post# 34903233

Gold

Gold

Kestrel Gold – Announces Second Phase 2022 RC Drilling at QCM is Underway

CALGARY, AB / ACCESSWIRE / August 17, 2022 / Kestrel Gold Inc. ("Kestrel" or the "Company") (TSXV:KGC) is pleased to issue an update on its 2022 exploration activities at the Company's QCM property.

At QCM, an 8-hole 520 metre first phase reverse circulation ("RC") drill program was completed in early July. Drill sites were located up to 8 kilometres from the Main Zone and were designed to test targets from the Company's grassroots generative prospecting activities. Partial analytical results have been received for this drilling and a second phase RC drill program is now underway. This phase will total 6 holes and approximately 810 metres with 3 holes designed to expand upon first phase drill results and 3 holes to be located within the Main Zone. Results of both 2022 drill programs will be released once full analytical data has been received, compiled and interpreted.

President and CEO Rob Solinger commented: "Kestrel's plan to explore the QCM Main Zone and generate brand new targets on the property is well underway. Our grassroots generative targets exhibit strong alteration and mineralization over interesting widths and drilling them is an exciting step. At the Main Zone we will test the theory that the majority of previous drilling was oriented parallel to, and would have missed, narrow gold bearing shears that appear to be an important and previously unrecognized control on gold mineralization. Our hope is that properly intersecting these shears will result in increased gold grades from this and subsequent drilling in this area."

See the Company's news release https://www.kestrelgold.com/news/apri-23-2022 for results of our 2021 drilling and https://www.kestrelgold.com/news/nov-23-2021-49rx

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