Antler Gold discovers new mineralized zones at Wilding Lake Gold Project

Antler Gold Inc. has provided an update on its continuing 2017 exploration programme that includes the discovery of two new zones of mineralisation, as well as new gold-in-soil assay results highlighting numerous prospective gold target areas at its 100% owned Wilding Lake Gold Project (Project) in central Newfoundland.

A mechanical trenching programme commenced on August 15th on the approximately 1 km long Birch gold-in-soil anomaly previously described in a press release dated 26 July, 2017 (trenching on additional soil trends named Larch, AT and CE will follow). Initial trenching has resulted in the discovery of two new zones of mineralisation (Red Ochre and Raven Zones) that are located close to the contact area between the Rogerson Lake conglomerate and felsic volcanic rocks to the south.

Trenching programme

Red Ochre Zone The Red Ochre Zone is located approximately 900 m to the southwest of the Alder Zone and consists of brittle fracture style quartz veins and quartz stockworks hosted by felsic volcanic rock. Sulfide mineralisation predominantly occurs as disseminated and fracture fill pyrite stringers. Two initial rock grab samples collected from the discovery trench while excavation was ongoing yielded gold values of 24.0 g/t and 14.3 g/t. Following the initial results, a further three rock grab samples were collected after the trench had been extended and widened. These grab samples returned gold values of 15.2 g/t, 1.9 g/t and 27 parts per billion (ppb). Note that grab samples are selected samples and results are not necessarily indicative of a property’s potential and are not necessarily representative of the mineralisation hosted on the property. At the time the second group of grab samples were taken, the apparent width of mineralisation was approximately 10 m and was open in both directions.

Two follow-up parallel trenches located approximately 30 m and 60 m to the southeast from the discovery trench exposed similar quartz veining and mineralisation. In addition, 75 m to the southwest of the discovery trench, a single trench uncovered additional quartz veining and mineralisation. This trench exposed the mineralisation over an interpreted northwest strike length of approximately 20 m (zone remains open in both directions) and over an approximate 5m width. Three rock grab samples collected from a mineralised quartz vein yielded gold values of 0.50 g/t, 1.1 g/t and 3.3 g/t. A fourth sample collected from the pyritic felsic volcanic wall rock assayed 0.31 g/t gold. Note that grab samples are selected samples and results are not necessarily indicative of a property’s potential and are not necessarily representative of the mineralisation hosted on the property.

Soil sampling programme

In addition to trenching, new final gold assays for 2276 soil samples have been received. Together with the 2016 and 2017 collected soil samples, Antler has now received a total of 5105 gold-in-soil sample assays with 635 soil samples currently at the laboratory. The soil survey was designed to extend the sampling completed in 2016 to the northeast and southwest and to date has successfully defined four significant anomalous gold-in-soil areas (Birch, Larch, Alder-Taz (AT) and Cedar-Elm (CE)). The increased soil survey area now covers over 7.0 km of the prospective gold bearing regional structural corridor.

Dan Whittaker, President and CEO of Antler stated:

“The discovery of the new mineralised zones within the first seven days of the trenching programme underlines the dedicated and skillful work of our geological team and validates the systematic approach we’ve taken to explore the largely untested structural corridor present on the property. We’re looking forward to the fall drill programme which will test the multiple targets our team has generated”. For maps showing the new mineralised zone discoveries and updated gold-in-soil anomalies, please visit www.antlergold.com and click on “News Release August 30th, 2017”. Regional Properties Exploration Programme. In addition to work on the Wilding Lake block, exploration has commenced on some of the regional properties the company has optioned from Altius Minerals. A helicopter supported reconnaissance exploration program on the Victoria Lake, Intersection and Cape Ray properties is targeting historical mineralised showings and the regional gold bearing structural corridor with soil sample surveys, geological mapping and prospecting.

Read the article online at: https://www.globalminingreview.com/mining/31082017/antler-gold-discovers-new-mineralized-zones-at-wilding-lake-gold-project/