STTCOMP GSN FA LONG
SOI: 408 million
MC: $59 million
Cash: $3.5 Million
COX’S FIND GOLD PROJECT - WA. During the quarter the Company identified multiple high-priority structural targets from mapping and drilling undertaken in late 2019. The resulting geological interpretation identified a number of untested gold Exploration Targets that are “look-alike” systems exhibiting the same analogues as that known at the Cox’s Find mine.
Significant results from 2019 Drilling included:
19CFRC013 - 5m at 31.23 g/t gold from 134m, including 1m at 143.0 g/t.
19CFRC004 - 2m at 36 g/t gold from 146m, including 1m at 68 g/t.
19CFRC009 - 5m at 14.54 g/t gold from 140m, including 2m at 28.85 g/t.
19CFRC002 - 8m at 9.43 g/t gold from 73m, including 1m at 44 g/t.
19CFRC011 - 6m at 7.90 g/t gold from 132m, including 1m at 35.9 g/t.
• Historic high-grade gold mine.
• 77,000 ounces produced at >21g/t gold.
• Little exploration in last 80 years.
• Existing pit on site <12km to operating mills.
• Near mine targets and drill out of existing ore body planned 2020.
• Stockpiled ore on site.
VISIBLE GOLD IN DIAMOND DRILL CORE AT COX’S FIND GOLD PROJECT:
• Multiple occurrences of visible gold identified within quartz veining in diamond drill core 20CFRCD0004.
• The visible gold is an indication of the potential high-grade nature of the Cox’s Find deposit.
• Diamond drill core is currently being geologically logged and orientated. Core is to be cut and assays to be completed immediately.
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