A recent geophysical survey has defined a new drill target at Gold Bull’s (GBRC) Windmill Prospect.
Results show an east-west structural corridor where hydrothermally altered and mineralized rocks have been observed in surface rock float and outcrop on the surface.
Assays from reconnaissance samples show precious metal and pathfinder element anomalies.
The drill program is scheduled to commence in January 2022, including the targets at the Windmill Prospect.
Vice President of Gold Bull, David Johnson commented on the survey results.
“These results appear highly encouraging given the surface mineralization and alteration that we are seeing, which coincides with this significant geophysical anomaly.”
Preliminary two-dimensional resistivity models have been received from DIAS Geophysical for part of the Controlled Source Audio Magnetotelluric survey read over the Windmill target.
The Windmill zone is a 2.8km east-west trending zone on the margin of a Tertiary basin.
High-priority targets arising from these surveys will be tested by the drilling program planned for early 2022. More details will be announced prior to its commencement.
Gold Bull Resources Corp. (GBRC) is up by 5.12 per cent and trading at C$0.205 per share at 11:59 AM EST.