Advanced Gold Exploration Reports on Visible Gold Discovery at Doyle Property
Advanced Gold Exploration has announced a significant discovery of visible gold during surface prospecting at their Doyle Property in the Batchawana Greenstone Belt. Recent samples from the area yielded impressive assays of 13.2 g/t and 9.82 g/t gold. This surface discovery appears connected to a historical 1994 drill hole that returned 49.8 g/t gold at 80 meters depth. The gold mineralization is associated with intense quartz veining and silicification, and appears linked to a northeasterly trending linear feature identified through LiDAR survey. This marks the first reported instance of visible gold on the property's surface, potentially opening new exploration opportunities beyond the traditional NNW trending structures.
Advanced Gold Exploration ha annunciato una scoperta significativa di oro visibile durante la prospezione superficiale nella loro proprietà Doyle, situata nella Batchawana Greenstone Belt. I recenti campioni dell'area hanno fornito risultati impressionanti di 13,2 g/t e 9,82 g/t di oro. Questa scoperta superficiale sembra essere collegata a un foro di perforazione storico del 1994 che ha restituito 49,8 g/t di oro a 80 metri di profondità. La mineralizzazione aurifera è associata a intense vene di quarzo e silicificazione, e appare legata a una caratteristica lineare con direzione nord-est identificata tramite un'indagine LiDAR. Questo segna la prima istanza riportata di oro visibile sulla superficie della proprietà, aprendo potenzialmente nuove opportunità di esplorazione oltre le tradizionali strutture orientate NNW.
Advanced Gold Exploration ha anunciado un descubrimiento significativo de oro visible durante la prospección en la superficie de su propiedad Doyle en la Batchawana Greenstone Belt. Las recientes muestras de la zona arrojaron resultados impresionantes de 13,2 g/t y 9,82 g/t de oro. Este descubrimiento superficial parece estar conectado a un pozo de perforación histórico de 1994 que devolvió 49,8 g/t de oro a 80 metros de profundidad. La mineralización de oro está asociada con intensas vetas de cuarzo y silicificación, y parece estar vinculada a una característica lineal con tendencia noreste identificada a través de un estudio LiDAR. Esta es la primera instancia reportada de oro visible en la superficie de la propiedad, lo que podría abrir nuevas oportunidades de exploración más allá de las estructuras tradicionales orientadas al NNW.
Advanced Gold Exploration가 Batchawana Greenstone Belt의 Doyle Property에서 표면 탐사 중 가시성 금의 중요한 발견을 발표했습니다. 이 지역의 최근 샘플은 13.2 g/t 및 9.82 g/t 금이라는 인상적인 분석 결과를 냈습니다. 이 표면 발견은 1994년의 역사적인 드릴 홀과 연결되어 있으며, 그곳은 80미터 깊이에서 49.8 g/t 금을 기록했습니다. 금 광물화는 강한 석영 vein과 규소화와 관련이 있으며, LiDAR 조사를 통해 확인된 북동쪽 방향의 선형 특징과 연결되어 있는 것으로 보입니다. 이는 이 소유지의 표면에서 가시성 금이 발견된 첫 번째 사례로, 전통적인 NNW 방향 구조를 넘어 새로운 탐사 기회를 열 가능성이 있습니다.
Advanced Gold Exploration a annoncé une découverte significative d'or visible lors de prospections en surface sur leur propriété Doyle dans la Batchawana Greenstone Belt. Des échantillons récents de la zone ont donné des analyses impressionnantes de 13,2 g/t et 9,82 g/t d'or. Cette découverte en surface semble être liée à un forage historique de 1994 qui avait révélé 49,8 g/t d'or à 80 mètres de profondeur. La minéralisation aurifère est associée à des veines de quartz intenses et à de la silicification, et semble liée à une caractéristique linéaire orientée au nord-est identifiée par une enquête LiDAR. Cela marque le premier cas rapporté d'or visible à la surface de la propriété, ouvrant potentiellement de nouvelles opportunités d'exploration au-delà des structures traditionnelles orientées NNO.
Advanced Gold Exploration hat eine bedeutende Entdeckung von sichtbarem Gold während der Oberflächenprospektion auf ihrem Doyle-Eigenschaft im Batchawana Greenstone Belt bekannt gegeben. Jüngste Proben aus dem Gebiet ergaben beeindruckende Analysen von 13,2 g/t und 9,82 g/t Gold. Diese Oberflächensichtung scheint mit einem historischen Bohrloch von 1994 verbunden zu sein, das 49,8 g/t Gold in 80 Metern Tiefe ergab. Die Goldmineralisierung ist mit intensiven Quarzadern und Silizifikation assoziiert und scheint mit einem nordostwärts verlaufenden linearen Merkmal verbunden zu sein, das durch eine LiDAR-Umfrage identifiziert wurde. Dies ist der erste dokumentierte Fall von sichtbar Gold an der Oberfläche der Eigenschaft, was möglicherweise neue Erkundungsmöglichkeiten über die traditionellen NNW-ausgerichteten Strukturen hinaus eröffnet.
- Discovery of visible gold at surface with high-grade assays (13.2 g/t and 9.82 g/t gold)
- Historical drill hole correlation showing 49.8 g/t gold at depth
- Identification of new northeastern trending structure expanding exploration potential
- None.
Toronto, Ontario--(Newsfile Corp. - November 11, 2024) - Advanced Gold Exploration Inc (CSE: AUEX) (the "Company") is pleased to announce the discovery of visible gold during surface prospecting at our Doyle Property in the Batchawana Greenstone Belt (BGB).
Highlights
- Our recent prospecting program has identified Visible Gold on surface at the Doyle Property.
- Assays from samples in the area returned, 13.2 g/t, and 9.82 g/t gold.
- The appears to be the surface expression of a drill hole completed in 1994 which also had visible gold and returned assays of 49.8 g/t at a depth of 80 meters.
- Visible gold has not been previously reported on the surface at the Doyle Property.
- The discovery is the result of diligent examination of the area by our contractor Superior Exploration.
The Company is pleased to report that exploration work by Superior Exploration of Sault Ste Marie on the Doyle Gold Project in October has resulted in the discovery of visible gold on surface. The area which was examined was chosen due to its proximity to an earlier drill hole with an intersection of 49.8 g/t. The gold appears to be related to intense quartz veining and silicification. A Petrographic study has been undertaken to attempt to determine the distribution of gold and better define the alteration in the area.
Examination of a LiDAR survey undertaken by the Company in 2022 appears to indicate that the gold is associated with a northeasterly trending linear feature. It is thought by the Company's geological staff that this feature may represent an extensional structure off of the main NNW trending shear – a favorable local to host gold mineralization.
Mr. Jim Atkinson, CEO of the Company commented: "This new discovery of visible gold on surface at Doyle has excited our staff. The interpretated relationship of this visible gold to features indicated by the LiDAR has indicated that this might be a NE trending extensional structure. If further work in the area proves this to be the case this opens a whole new area to exploration because all past work has focused on structures trending NNW and may not have adequately explored shears and faults in other directions."
He comments further "We are very pleased with the prospecting, geological mapping and sampling work carried out by Superior Exploration and reiterate the importance of "Boots on the Ground" in mineral exploration. We are preparing plans for more detailed prospecting and sampling in the spring not only in this newly identified area. This discovery has prompted us to reexamine LiDAR and airborne geophysical coverage across the Property to identify other potential extensional structures."
It should be noted on Figure 2 below that there are trenches which have been completed in the area but they don't seem to have intersected the area with visible gold. Figure 2 shows the location of the actual high grade gold samples and the visible Gold.
Figure 1: Location of Recent Sampling in Relation to Past Drilling and Trenching, Note, drillholes 94-20 and 94-25 intersected quartz veins which were not sampled.
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Figure 2: Location of Rock Samples from Recent Prospecting with Gold Assays Showing Interpreted shear Zones.
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About Doyle
The Doyle Property is located approximately 92 kilometers southeast of Wawa, Ontario and approximately 65 km northeast of Sault Ste Marie within the Batchewana Volcanic Belt of the Abitibi Province. The property consists of a total of 79 unpatented mining claim cells and covers an area of approximately 1,730 hectares.
The structural and geological architecture of the Batchawana Greenstone belt is conducive to a variety of gold depositional environments similar in nature and significance to other gold bearing deposits in Archean-aged greenstone belts hosted within the Superior Province. Noteworthy, these typically fall into the category of "orogenic gold deposit" types in brittle-ductile structurally related regimes like the Timmins Gold Camp, the Hemlo Gold Deposits, and the gold deposits of the Doyon-Bousquet Camp in Quebec. Orogenic gold deposit types would be the focus of future exploration activities on the Doyle Property.
Figure 3: location of Doyle Property in the Batchewana Greenstone Belt.
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The Doyle Property lies within the Batchawana Greenstone Belt of the Wawa-Abitibi Terrane. The eastern extension of the Wawa Subprovince has had a long gold mining history dating back to 1897. Gold mining in the area has prospered and receded in the 20th century however this part of the Wawa Subprovince has total historic production of over 3,000,0000 ounces. Current and near future producers of the Wawa Subprovince include:
1) Wesdome Gold Mines Eagle River Complex;
2) Alamos Gold Island Mine; and
3) Argonaut Gold Magino Deposit.
All of the above historical gold mines and current to near future producers are considered orogenic gold deposits of Archean-aged greenstone belts and environments.
Three styles of orogenic gold mineralization occur on the Doyle Property. These are, but not limited to:
1) Gold-enriched semi-massive to massive sulphide horizons in a felsic tuff volcanic pile
2) Lode gold auriferous quartz veins, and
3) Disseminated gold in silicified and pyritized shear zones.
Figure 4: Plan Showing Doyle Property Claim Information. Note: Overlain on geology by Grunsky (1996). Gold and base metal occurences shown as numbers.
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The most significant and recent exploration on the Doyle Property was carried out by Tri-Origin Exploration which included drilling programs from 1990 - 1995. These programs are deemed significant, and their geological observations support deposit model types being sought. The Focus of the Tri-Origin work was on a model of similarity of the Doyle property geology and mineralization to the 20,000,0000-ounce Hemlo deposit. Tri-Origin completed geological, geophysical, and geochemical programs and drilled a total of 37 drill holes for 8,053 m. Anomalous gold values were intersected in numerous drill holes and visible gold was observed in two holes. Drill hole T94-22 intersected 49.58 g/t gold over one meter and drill hole T95-34 intersected 17.49 g/t gold over one meter.
Recent exploration by the Company has included airborne magnetic and VLF EM surveys, a LiDAR survey and trench sampling.
The airborne geophysics was very helpful, in association with geological mapping by TriOrigin, in defining the main trends and structures on the property. Throughgoing g structures have been identified as being present trending in a northwest to northerly direction. Parallel VLH Em trends underlie some of the gold occurrences especially where gold is associated with sulphides.
Further details of the Doyle Property will be available in the Technical Report on Sedar and the Company's website www.advancedgoldexploration.com.
QUALIFIED PERSON
James Atkinson M.Sc., P. Geo., a Qualified Person ("QP") as such term is defined in NI 43-101, has reviewed and approved the geological information reported in this news release. The Qualified Person supervised the work completed by the Company but has not completed sufficient work to verify all historic information on the Property, particularly with regards to historical sampling, drill results, and technical work provided by others. The Qualified Person assumes that past sampling and analytical results were completed to industry standard practices. The information provides an indication of the exploration potential of the Property but may not be representative of expected results.
ABOUT ADVANCED GOLD EXPLORATION INC.
Advanced Gold Exploration (Formerly Advance United Holdings Inc.) is a Canadian mineral exploration company. We've acquired a portfolio of undervalued gold and copper properties and are increasing their value through the application of modern technology, new ideas and systematic exploration. We have a growing pipeline of similar properties that we are looking to acquire. We are involved exclusively in the acquisition and advancement of past projects - with no intent to bring them back into production or to mine them ourselves. Our expertise is in identifying and acquiring undervalued properties with significant historical work, which were uneconomic at the time. We believe we can enhance their economic value at today's prices. We fund the re-working historic data and applying modern technology to underwrite new qualified reports, document quantifiable resources and reserves to current standards, thereby recognizing the current value. Our purpose is to bring immediate and long-term value to our partners and shareholders while seeking to reduce exploration risk, so that we can all advance in the shortest possible time frame.
For additional information about us, our projects, or to find out how we can assist in the advancement of your project contact our CEO.
Contact Information
James Atkinson, M.Sc., P. Geo.,
CEO Advanced Gold Exploration Inc.
Email: jim@advancedgoldexploration.com
Tel: (647) 278-7502
Forward-Looking Information and Cautionary Statements
This news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "would", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company's Management's Discussion and Analysis. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.
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FAQ
What gold grades did Advanced Gold Exploration (AUEX) find at the Doyle Property?
Where is the new gold discovery by Advanced Gold Exploration (AUEX) located?
What is significant about Advanced Gold Exploration's (AUEX) November 2024 discovery?
