Updated FNAU Corporate Presentation Presents Results of Comprehensive 3D Modeling of Hayden Hill Mineralization
Four Nines Gold announced an updated corporate presentation, highlighting recent 3D modeling results of the Hayden Hill mineralization. Key findings include the integration of historical exploration and production data with current surface sample results, revealing that gold mineralization extends beneath existing pit structures. The models also indicate epithermal veins at the core of many mineralized zones and suggest potential for vertical and horizontal expansion. CEO Charles Ross emphasized the structural control of mineralization and affirmed the drill targets for the upcoming Phase 1 drill program. The company aims to explore and develop the Hayden Hill Mine in Northern California, a former producer lacking systematic exploration since 1997.
- 3D modeling confirms the structural control of Hayden gold mineralization.
- Integration of historical data with recent surface sample results.
- Models indicate potential expansion of mineralization both vertically and horizontally.
- Refined framework for the forthcoming Phase 1 drill program.
- Increased potential for new gold discoveries at Hayden Hill.
- Hayden Hill has a significant historical dataset with 99,862.42 meters of drilling.
- No systematic property exploration since the mine closure in 1997.
- Ongoing dependence on future drill program outcomes to confirm model predictions.
VANCOUVER, BC / ACCESSWIRE / June 11, 2024 / Four Nines Gold Inc. (CSE:FNAU) ("Four Nines" or the "Company") is pleased to announce that an updated corporate presentation has been posted to the Company's website. The updated presentation discloses summary results from recent comprehensive three-dimensional modeling of all available data sets.
Summary comments for the modeling results are:
- The modeled zones of mineralization envelope the majority of historical Hayden Hill exploration and production blasthole assay data, plus the FNAU surface sample results,
- Mapped epithermal veins are at the core of many of the modeled mineralized zones,
- Assay data-driven models indicate that gold mineralization projects beneath the existing pit bottoms and walls,
- Geologically indicated extensions to modeled mineralization have also been interpreted,
- The mineralization models and mapped veins provide a refined framework for the forthcoming Phase 1 drill program.
Charles Ross, CEO, President, and Director of Four Nines, said, "The 3D modeling of our geological data is very exciting, as it confirms that Hayden gold mineralization is indeed structurally controlled. It also provides solid affirmation for our team's chosen drill targets, offering opportunities for expanding mineralization both vertically and horizontally within the known mineralized zones. With each stride forward, our world-class geological team has increased the potential for new gold discoveries at Hayden."
About Four Nines Gold Inc.
Four Nines Gold Inc. has the right to acquire
ON BEHALF OF THE BOARD OF DIRECTORS
FOUR NINES GOLD INC.
Charles Ross
President
1000 - 409 Granville Street
Vancouver, BC, V6C 1T2
Tel: 604.602.0001
Forward-Looking Statements
This press release contains forward-looking statements and forward-looking information within the meaning of Canadian securities laws (collectively, "forward-looking statements"). Statements and information that are not historical facts are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible" and similar expressions, or statements that events, conditions or results "will", "may", "could" or "should" occur or be achieved. Forward-looking statements and the assumptions made in respect thereof involve known and unknown risks, uncertainties, and other factors beyond the Company's control. Forward-looking statements in this press release include statements regarding beliefs, plans, expectations, or intentions of the Company. Mineral exploration is highly speculative and characterized by several significant risks, which even a combination of careful evaluation, experience and knowledge may not eliminate. Forward-looking statements in this press release are made as of the date herein. Although the Company believes that the assumptions and factors used in preparing the forward-looking statements in this press release are reasonable, undue reliance should not be placed on such statements. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statements, whether as a result of new information or future events or otherwise, except as may be required by law.
Neither the Canadian Securities Exchange nor its regulation services provider accepts responsibility for the adequacy or accuracy of this news release.
SOURCE: Four Nines Gold Inc.
View the original press release on accesswire.com
FAQ
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