Analysts Indicating Gold's New Golden Era Has Just Started - Seite 3

About the Destiny Project

• Option to acquire 100% ownership.
• Located in the historic, mineral rich Abitibi Greenstone Belt.
• Gold mineralization occurs in high-grade quartz veins within shear zones starting at 15 m below surface.
• Drilling results include:
• 167 g/t Au over 1 m (from 221.7 m)
• 6.15 g/t Au over 23.6 m (from 117.2 m)
• 19.49 g/t Au over 2.7 m (from 166.0 m)
• The Historical Estimate at the DAC Zone is open along strike with only coarse drilling denoting high grade intercepts outside of the 2011 Historical Estimate area showing expansion potential along strike from the DAC Zone over approximately 2.5 km to the Darla Zone.
• Excellent infrastructure – ~75 km NNE of Val d'Or with road access.
• Considerable work done historically including over 50,000 m of diamond drilling.

The Destiny Project is located in the prolific Abitibi Greenstone Belt where more than 190 million ounces of gold have been produced historically along major structural breaks within the assemblage of Archean-age volcanic, sedimentary and intrusive rocks. The Destiny Project lies along the approximately 400 km long Chicobi Deformation Zone, a major structural break which is largely underexplored in the Abitibi Greenstone Belt.

The 5,013 ha project includes the DAC Zone, one of several gold zones along an approximately 6 km long segment of the Despinassy Shear Zone within the Chicobi Deformation Zone. Approximately 2.5 km east along strike of the DAC Zone is the Darla Zone. In between the Darla and DAC is the coarsely drilled GAP zone where 2012 drilling intercepted anomalous gold in all 12 holes which were spaced 100 m apart.

The current exploration potential is based on decades of past work on the Destiny Project. Exploration of the Destiny Project dates back to the 1930s. The first concerted diamond drilling campaign commenced in 1998.    Read this entire release for the Clarity Gold at:  https://claritygoldcorp.com/news/ 

Other recent developments in the mining markets include:

In the face of challenges across all regions, notably the Covid-19 pandemic, Barrick Gold Corporation (NYSE: GOLD) (TSX: ABX) met all its key performance indicators in 2020 and at the same time made significant progress towards achieving its key objectives, says president and chief executive Mark Bristow in the company's 202 Annual Report recently published.