Fiore Gold report high grade gold at Gold Rock

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
Metal Gold
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

.

=======

.

City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email  andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the writer held Fiore Gold stock, bought in the market at the prevailing price on the day.

 

To read our full terms and conditions, please click HERE