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Pacton starts fieldwork at Yandicoogina project 2019-03-12 07:03 ET - News Release Mr. Dale Ginn reports FIELD WORK TARGETING HIGH-GRADE GOLD AT YANDICOOGINA, PILBARA, WA Pacton Gold Inc. has commenced initial fieldwork at Pacton's Yandicoogina project, where historical results from surface sampling have reported up to 199.7 grams per tonne gold. The work program is targeting high-grade, shear-hosted gold within a number of mineralization settings and will use rock chip sampling and mapping to prioritize targets for drill testing. Highlights: Strike length: 4.7-kilometre cumulative strike length of mapped anomalous quartz vein structures hosting gold mineralization; Historical sampling results showing strong gold mineralization in multiple locations: rock chip sampling reporting results of up to 199.7 g/t Au at surface (Western Australia Geological Survey); Prioritizing targets for upcoming drill program: results from the current program to be used to rank targets based on further exploration potential and to prioritize for drill testing planned for 2019. Dale Ginn, executive chairman of Pacton Gold, stated: "Pacton's Yandicoogina project hosts high-grade gold-bearing systems that are readily apparent and exposed at surface. It also has coarse nuggets from surface prospecting that appear to be from a vein source and have not been subjected to significant transportation. What the project lacks is any significant amount of drilling to depth. Our initial program will therefore focus on prioritizing targets for drill testing the high-grade concentrations at Yandicoogina." Yandicoogina project The Yandicoogina gold project is located 52 km to the southeast of Marble Bar in the Pilbara region of Western Australia. The project covers a contiguous landholding of 164 square kilometres consisting of two granted exploration tenements (E45/3474 and E45/3571) and three granted mining leases located inside tenement (E45/3474). Access to the project from Marble Bar is via the Marble Bar Road to the southeast thence via station tracks which take you toward the Black Shepherd mine. The project covers an extensive portion of the Warrawoona Archean greenstone belt. Previous exploration activities have predominantly focused toward the greenstone portion of the project with a considerably limited effort placed on the Mount Edgar mylonite complex which is host to the high-grade Death Adder and Granite prospects. The initial work program will involve detailed geological mapping and rock chip sampling of priority defined prospects including Granite, Death Adder, Black Shepherd, Uncle Tom and Trilby. Through completing this first phase of activities a further understanding of the controls and extents of mineralization for each of the prospects will be obtained. Prioritization, drill planning and permitting to drill will commence immediately following the completion of the initial work program. About Pacton Gold Pacton Gold is a Canadian exploration company with key strategic partners focused on the exploration and development of high-grade conglomerate and orogenic gold properties located in the district-scale Pilbara gold rush in Western Australia and the Red Lake district, Ontario. The technical content of this news release has been reviewed and approved by Mr. Ginn, a qualified person pursuant to National Instrument 43-101. The qualified person has not yet verified the data disclosed, including sampling, analytical and test data underlying the information or opinions contained in the written disclosure. We seek Safe Harbor. \u00a9 2019 Canjex Publishing Ltd. All rights reserved. |
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| aus der Diskussion: | Diskussion und Information zu Noka Resources |
| Autor (Datum des Eintrages): | Airwave72 (12.03.19 16:47:19) |
| Beitrag: | 150 von 432 (ID:60080160) |
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