Golden Lake to Expand Current Drill Program to Include the Sterling Tunnel Mine Locale at Jewel Ridge, Battle Mountain-Eureka Gold Belt, Eureka County, Nevada
Golden Lake Exploration Inc. (CSE:GLM)(OTCQB:GOLXF) has expanded its current drilling program to include the high-grade Sterling Tunnel mine on its Jewel Ridge property in Nevada's Battle Mountain-Eureka gold trend. The property is adjacent to successful exploration programs by North Peak Resources and i-80 Gold Corp.
The Sterling Tunnel mine features precious metal-rich carbonate replacement deposit (CRD) mineralization. Grab sampling by Golden Lake and Homestake Mining returned high-grade assays, including:
- 29.49 g/t gold, 181.00 g/t silver
- 111.69 g/t gold, 333.00 g/t silver
- 7.95 g/t gold, 223.00 g/t silver
Mineralization is hosted in brecciated, altered bleached dolomite. The Sterling Tunnel mine has never been tested by diamond drilling. Drilling is expected to commence within a week and take 2-3 days to complete.
Golden Lake Exploration Inc. (CSE:GLM)(OTCQB:GOLXF) ha ampliato il suo attuale programma di perforazione per includere la miniera di alto grado Sterling Tunnel nella sua proprietà Jewel Ridge nella tendenza aurifera di Battle Mountain-Eureka in Nevada. La proprietà è adiacente a programmi di esplorazione di successo da parte di North Peak Resources e i-80 Gold Corp.
La miniera di Sterling Tunnel presenta mineralizzazione di deposito di sostituzione carbonatica (CRD) ricca di metalli preziosi. I campionamenti effettuati da Golden Lake e Homestake Mining hanno restituito assaggi di alto grado, inclusi:
- 29.49 g/t oro, 181.00 g/t argento
- 111.69 g/t oro, 333.00 g/t argento
- 7.95 g/t oro, 223.00 g/t argento
La mineralizzazione è ospitata in dolomite alterata e brecciata. La miniera di Sterling Tunnel non è mai stata testata con perforazioni a diamante. Si prevede che la perforazione inizi entro una settimana e che richieda 2-3 giorni per essere completata.
Golden Lake Exploration Inc. (CSE:GLM)(OTCQB:GOLXF) ha ampliado su programa de perforación actual para incluir la mina de alto grado Sterling Tunnel en su propiedad Jewel Ridge en la tendencia aurífera de Battle Mountain-Eureka en Nevada. La propiedad está adyacente a programas de exploración exitosos de North Peak Resources e i-80 Gold Corp.
La mina Sterling Tunnel cuenta con mineralización rica en metales preciosos en un depósito de reemplazo carbonatado (CRD). Los muestreos realizados por Golden Lake y Homestake Mining arrojaron ensayos de alto grado, incluyendo:
- 29.49 g/t de oro, 181.00 g/t de plata
- 111.69 g/t de oro, 333.00 g/t de plata
- 7.95 g/t de oro, 223.00 g/t de plata
La mineralización se encuentra alojada en dolomita alterada y brechada. La mina Sterling Tunnel nunca ha sido sometida a perforaciones con diamante. Se espera que la perforación comience dentro de una semana y que tome de 2 a 3 días para completarse.
골든 레이크 탐사 주식회사 (CSE:GLM)(OTCQB:GOLXF)은 네바다의 배틀 마운틴-유레카 금 트렌드에 있는 쥬얼 리지 소유지에 높은 품질의 스털링 터널 광산을 포함하도록 현재의 시추 프로그램을 확장했습니다. 이 소유지는 North Peak Resources와 i-80 Gold Corp.의 성공적인 탐사 프로그램과 인접해 있습니다.
스털링 터널 광산은 귀금속이 풍부한 탄산염 대체 광상 (CRD) 광화가 특징입니다. 골든 레이크와 홈스테이크 마이닝에 의한 잡 샘플링에서 높은 그레이드의 분석 결과가 나왔습니다. 포함된 내용은:
- 29.49 g/t 금, 181.00 g/t 은
- 111.69 g/t 금, 333.00 g/t 은
- 7.95 g/t 금, 223.00 g/t 은
광화는 파쇄된 변성 백색 돌로마이트에 의해 수용됩니다. 스털링 터널 광산은 다이아몬드 시추로 테스트된 적이 없습니다. 시추는 일주일 이내에 시작될 것으로 예상되며, 완료까지 2-3일이 소요될 것입니다.
Golden Lake Exploration Inc. (CSE:GLM)(OTCQB:GOLXF) a élargi son programme de forage actuel pour inclure la mine de haut grade Sterling Tunnel sur sa propriété Jewel Ridge dans la tendance aurifère de Battle Mountain-Eureka au Nevada. La propriété est adjacente à des programmes d'exploration réussis menés par North Peak Resources et i-80 Gold Corp.
La mine du tunnel Sterling présente une minéralisation riche en métaux précieux dans un dépôt de remplacement carbonaté (CRD). Les échantillons prélevés par Golden Lake et Homestake Mining ont révélé des analyses de haut grade, y compris :
- 29.49 g/t d'or, 181.00 g/t d'argent
- 111.69 g/t d'or, 333.00 g/t d'argent
- 7.95 g/t d'or, 223.00 g/t d'argent
La minéralisation est contenue dans du dolomite altéré et brechié. La mine du tunnel Sterling n'a jamais été testée par forage au diamant. Le forage devrait commencer dans une semaine et prendre 2 à 3 jours pour être complété.
Golden Lake Exploration Inc. (CSE:GLM)(OTCQB:GOLXF) hat sein aktuelles Bohrprogramm erweitert, um die hochgradige Sterling-Tunnel-Mine in seiner Jewel Ridge-Eigentum im Goldtrend von Battle Mountain-Eureka in Nevada einzubeziehen. Das Grundstück grenzt an erfolgreiche Explorationsprogramme von North Peak Resources und i-80 Gold Corp.
Die Sterling-Tunnel-Mine weist wertstoffreiche karbonatische Ersetzungsmineralisation (CRD) auf. Stichproben von Golden Lake und Homestake Mining ergaben hochwertige Analysen, darunter:
- 29.49 g/t Gold, 181.00 g/t Silber
- 111.69 g/t Gold, 333.00 g/t Silber
- 7.95 g/t Gold, 223.00 g/t Silber
Die Mineralisation ist in brekziiertem, verändertem gebleichtem Dolomit beherbergt. Die Sterling-Tunnel-Mine wurde nie durch Diamantbohrungen getestet. Die Bohrungen sollen in einer Woche beginnen und 2-3 Tage in Anspruch nehmen.
- Expansion of drilling program to include high-grade Sterling Tunnel mine
- Property located in prolific Battle Mountain-Eureka gold trend
- High-grade assays from grab sampling, with up to 111.69 g/t gold and 333.00 g/t silver
- Sterling Tunnel mine has never been tested by diamond drilling, presenting new exploration potential
- None.
VANCOUVER, BC / ACCESSWIRE / October 3, 2024 / Golden Lake Exploration Inc. (CSE:GLM)(OTCQB:GOLXF) ("GLM" or "Golden Lake" or the "Company") is pleased to announce that it has expanded its current drilling program to include drilling on the high-grade Sterling Tunnel mine. The additional drilling is supplementary to Golden Lake's current ongoing program (see Golden Lake news release, dated September 30, 2024) on its flagship Jewel Ridge property (the "Property"), located in the prolific Battle Mountain-Eureka gold trend of Nevada.
The Property is well-located proximal to infrastructure and is immediately adjacent to successful, high-profile exploration programs currently being undertaken by North Peak Resources Ltd. & i-80 Gold Corp. (IAU.TO), on their neighboring Prospect Mountain and Ruby Hill properties, respectively.
Sterling Tunnel Mine:
The historic Sterling Tunnel mine comprises extensive underground workings and several surface pits featuring precious metal-rich carbonate replacement deposit (CRD) mineralization.
Grab sampling of mine dump and outcropping mineralization by Golden Lake personnel and Homestake Mining at Sterling Tunnel, returned the following high-grade assays (see attached Figure):
29.49 g/t gold, 181.00 g/t silver,
0.89% lead &0.40% zinc111.69 g/t gold, 333.00 g/t silver,
4.00% lead & 0.61 % zinc7.95 g/t gold, 223.00 g/t silver,
0.92% lead &1.44% zinc7.70 g/t gold, 209.00 g/t silver,
3.76% lead &8.46% zinc0.30 g/t gold, 42.00 g/t silver,
0.35% lead &9.53% zinc
Figure 1. Map of the projected drill trace and grab samples from the Sterling Tunnel Mine
Mineralization is hosted in brecciated, intensely altered bleached dolomite (Hamburg dolomite), occurring as structurally controlled gossan zones, suggestive of fault zone replacement deposits. Notably, the Sterling Tunnel mine has never been tested by diamond drilling.
Drilling is anticipated to commence within a week's time and should take 2 to 3 days to complete. Results will be released as they become available.
1While grab rock samples are not representative of the grade of mineralization of an occurrence or target, they are useful in determining prospectivity and geological features. The above rock samples were delivered by the company consulting geologist to the ALS prep facility in Elko, Nevada. All samples are analyzed for gold, silver and 48 other elements. Gold is determined by ALS method Au-AA23, which is a fire assay with an atomic absorption finish on a 30-gram split. The remaining 48 elements are determined by ALS method ME-MS61, which is a four-acid digestion and inductively coupled plasma atomic emission spectroscopy assay, with ALS OG62 analysis four acid ore grade analysis for the over-limit samples. Golden Lake is reliant on ALS Labs in Reno, Nev., for its QA/QC protocol as these are preliminary samples and limited in number.
Qualified person:
Golden Lake Exploration's disclosure of a technical or scientific nature in this news release has been reviewed and approved by Don Hoy, P. Geo., who serves as a qualified person under the definition of National Instrument 43-101.
About Golden Lake Exploration Inc:
Golden Lake Exploration is a junior public mining exploration company engaged in the business of mineral exploration and the acquisition of mineral property assets. Its objective is to acquire, explore and develop economic precious and base metal properties of merit and to aggressively advance its exploration program on the Jewel Ridge property.
On Behalf of the Board,
Mike England
CEO, President & Director
For Further Information Please Contact:
Telephone: 1-604-683-3995
Toll Free: 1-888-945-4770
Email: info@goldenlakex.com
The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release.
SOURCE: Golden Lake Exploration Inc.
View the original press release on accesswire.com
FAQ
What is the new target for Golden Lake's expanded drilling program at Jewel Ridge?
What were some of the high-grade assay results from grab sampling at the Sterling Tunnel mine for GOLXF?
When is Golden Lake (GOLXF) expected to start drilling at the Sterling Tunnel mine?
What type of mineralization is found at the Sterling Tunnel mine on Golden Lake's Jewel Ridge property?
