FIORE GOLD LTD. (TSX.V: F)
Reported additional results from recent core drilling at its Gold Rock project in Nevada.
The core drilling program is designed to supplement the larger reverse circulation program, giving a more detailed look at the subsurface geology and structure while providing more complete and representative samples for assaying and other test work.
|Fiore Gold||TSX.V: F|
|Stage||Production + Development|
|Market cap||C$115 m @$1.18|
|Location||Nevada + Washington|
FIORE GOLD DRILLS 24.4 METRES OF 2.85 g/t GOLD AND 40.3 METRES OF 0.70 g/t GOLD IN CORE DRILLING AT ITS GOLD ROCK PROJECT, NEVADA
Vancouver, British Columbia – FIORE GOLD LTD. (TSXV: F) (OTCQB: FIOGF) (“Fiore” or the “Company”) is pleased to report additional results from recent core drilling at its Gold Rock project in Nevada (Figure 1). The core drilling program is designed to supplement the larger reverse circulation program, giving a more detailed look at the subsurface geology and structure while providing more complete and representative samples for assaying and other test work.
Highlights from the nine HQ core holes reported here include:
- 24.4 m of 2.85 g/t gold in hole GC20-005 from the planned South Pit area
- 15.5 m of 0.62 g/t gold in hole GC20-009 from the planned North Pit area
- 40.3 m of 0.70 g/t gold in hole GC20-019 from the planned North Pit area
Fiore Gold management comments
“It’s encouraging to see continued higher-grade intercepts from Gold Rock, along with a number of intercepts that extend well outside the current PEA pit limits.
“With the assay lab now caught up with the sample backlog we’ve resumed and expanded the original 60,000 m drilling program. Assuming drill rig availability, we expect to have a consistent stream of assay results over the summer.
“Once the program is completed, we’ll update the geology and resource models and look to provide an updated resource estimate ahead of the Feasibility Study (“FS”) scheduled for Q1 of next year.”
Tim Warman, Fiore Gold CEO
For brevity, this summary has been redacted, to read the full news release, please click HERE
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