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New High Grade Discovery Near Ontario's 1st Gold Mine

Stockhouse Editorial
3 Comments| February 15, 2022

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(Schematic Plan Map - Fisher Area Zones. Map via Kesselrun Resources Ltd. Click to enlarge.)

A Thunder Bay, Ontario-based mineral exploration company provided further drilling results, including news of a New High Grade Gold Discovery on Tuesday.

Kesselrun Resources Ltd. (TSX-V: KES, Forum) reported these results from its 100% owned Huronian Gold Project, which hosts the past producing Huronian Mine, Northwestern Ontario's first gold mine. Continued drilling and modeling of the Fisher zone has identified multiple new, high-grade zones in both the footwall and hanging wall sides of the Fisher zone, all in close proximity.

Highlights:

  • Multiple new zones identified in the Fisher Zone area
  • 21HUR130 intercepted 33.9 g/t Au over 1.0 m within a 4.7 m wide zone which averaged 8.4 g/tAu in the newly namedFisher FW-A Zone
  • 21HUR108 intercepted 24.3 g/t Au over 0.5 m in the newly named Fisher HW-B Zone



(Schematic Plan Map - Huronian Project. ap via Kesselrun Resources Ltd. Click to enlarge.)


The 2022 Huronian exploration program will consist of drilling as well as geophysics over selected target areas. The geology on strike to the southwest of Goldshore Resources' Moss Lake deposit will be targeted. A 2nd drill rig is currently in the process of being procured for the increased drilling activity anticipated in 2022.

For a complete look at these results, click here.



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