Stelmine Identifies Three Additional Gold Exploration Targets Beyond the Meridian Zone - Seite 2

Analyzing samples extracted from diverse till layers is a widespread exploration method used for the efficiency in discovering gold. Mining companies (ex: Kenorlands Minerals, Azimut Exploration, Harfang Exploration and SOQUEM) use till sampling to scale down the size of areas where more intensive exploration will be completed.

Geology of Mercator
Orogenic Gold at Mercator is associated with: a) sulphide minerals, notably pyrrhotite and arsenopyrite/löllingite, b) granulitic silicate iron formations, c) moderate to high magnetic values and d), high chargeability signatures. The results of the till survey indicate a clear imprint of glacial dispersion of pathfinder elements which can be trace back to outcrops having most of the characteristics mentioned above.

The gold-bearing Mercator property, with 595 km² of largely unexplored claims, thus lends itself to the till sampling method. For this reason, the Company recently completed a till survey consisting of 434 samples collected mostly from the subglacial unit (C-horizon) on the 2.5 km x 500 m wide gold-bearing Meridian Zone using a 200 m x 100 m grid spacing (Figure 1). Additionally, 96 till samples were gathered 1 km apart on EW-oriented lines covered prospective gold areas throughout the property (Figure 2).

Qualified Person
The technical information in this news release has been reviewed and approved by Michel Boily, PGeo, PhD. Mr. Boily is the qualified person responsible for the scientific and technical information contained herein under National Instrument 43-101 standards.

QA/QC Protocol
Stelmine implemented a strict QA/QC protocol in processing till samples collected from the Mercator property. A clean metal shovel was used to dig through the topmost soil layers and to sample the ablation glacial till (C-horizon). Roughly 1 kg of till material was collected, cleaned of coarse pebbles (> 16 mm) and put in plastic bags for transport to the camp. For each sample collected; the sample number, UTM coordinates, and a brief material description were systematically noted. The samples were dried for at least 48h at the camp. The program was under the supervision of geologists in training. Sample bags were then put in rice pouches and kept securely in a field tent before being sent by floatplane to the city of Fermont. Transport to Actlabs laboratories in Ancaster, Ontario was made by truck from dependable transport companies. Gold and other elements were analyzed by the INAA+ICP_OES (1H) methods.