HighGold Mining Intersects 15.5 Meters at 4.04 g/t Gold Equivalent in Step-out drilling at Ellis Zone Discovery, Johnson Tract Project, Alaska
HighGold Mining Inc. announced promising assay results from its Ellis Zone discovery at the Difficult Creek Prospect, located 4 km from its 1.05 Moz JT Deposit in Alaska. Highlights include significant intersections such as 15.5m at 4.04 g/t AuEq and 16.1m at 3.07 g/t AuEq. The drilling program confirmed a new center of high-grade mineralization with potential for resource expansion. Overall, the Ellis Zone has been documented over 125 meters in strike length, remaining open for additional exploration.
- Significant assay results from Ellis Zone, including 15.5m at 4.04 g/t AuEq and 16.1m at 3.07 g/t AuEq.
- New center of high-grade mineralization with potential to expand resources.
- Drilling established mineralization over a 125-meter strike length and up to 225 meters deep.
- None.
Including 25.70 g/t Gold,
Figure 1.
Diamond drilling during the second half of the 2022 summer field season focused on systematically stepping out along strike and at depth on the
Drill Highlights of the
-
4.1m at 5.89 g/t AuEq (3.28 g/t Au,
3.14% Zn,0.81% Pb,0.29% Cu), in hole DC22-037, including-
0.9m at 16.21 g/t AuEq (14.55 g/t Au,
0.22% Zn,0.89% Cu)
-
0.9m at 16.21 g/t AuEq (14.55 g/t Au,
-
6.6m at 4.96 g/t AuEq (1.43 g/t Au,
4.35% Zn,0.62% Cu), in hole DC22-049, including-
1.3m at 12.90 g/t AuEq (5.70 g/t Au,
2.08% Zn,2.55% Cu)
-
1.3m at 12.90 g/t AuEq (5.70 g/t Au,
-
16.1m at 1.53 g/t AuEq (0.17 g/t Au,
2.08% Zn), in hole DC22-050, including-
0.5m at 20.59 g/t AuEq (0.76 g/t Au,
32.50% Zn,0.43% )
-
0.5m at 20.59 g/t AuEq (0.76 g/t Au,
-
3.6m at 5.92 g/t AuEq (0.90 g/t Au,
7.91% Zn), in hole DC22-051, including-
1.5m at 9.83 g/t AuEq (1.91 g/t Au,
12.75% Zn,0.29% Cu)
-
1.5m at 9.83 g/t AuEq (1.91 g/t Au,
-
15.5m at 4.04 g/t AuEq (2.99 g/t Au,
1.49% Zn), in hole DC22-056, including-
1.5m at 26.24 g/t AuEq (25.70 g/t Au,
0.81% Zn)
-
1.5m at 26.24 g/t AuEq (25.70 g/t Au,
-
16.1m at 3.07 g/t AuEq (0.36 g/t Au,
3.97% Zn,0.21% Cu), in hole DC22-060, including-
3.0m at 7.84 g/t AuEq (0.75 g/t Au,
11.03% Zn,0.31% Cu)
-
3.0m at 7.84 g/t AuEq (0.75 g/t Au,
-
8.5m at 2.62 g/t AuEq (1.41 g/t Au,
1.55% Zn,0.69% Pb), in hole DC22-065
“The 2022 drill program at the
Discussion of DC Prospect and Ellis Zone Drill Results
The DC Prospect is located four (4) kilometers northeast of the JT Deposit and is characterized by a series of large gossan alteration zones similar in style to the +1Moz AuEq JT Deposit that collectively extend over a 1.5 km x 3.0 km area in a broad northeasterly trend. Gold mineralization and pervasive clay/anhydrite alteration are preferentially developed within dacitic to rhyolitic fragmental rocks that are capped by a shallowly-dipping sequence of lesser altered andesite volcanics that are host to a gold- and silver-rich epithermal vein field at higher elevations. The widespread extent of mineralization exposed in erosional windows through the capping andesite supports potential for a large and partially blind mineralized system linking the various DC Prospect zones together over a strike length of 3 km. Drilling in late 2021 resulted in the discovery of near-surface bonanza-grade mineralization, which returned 577.9 g/t Au and 2,023 g/t Ag over 6.40 meters in hole DC21-010. Subsequent geological modeling during the off-season inferred an east-west striking, steeply north-dipping trend to the mineralization that became the focus for the initial 2022 drill program at what is now referred to as the ‘Ellis Zone’.
A total of 43 drill holes for 6,056.4 meters were completed at the Difficult Creek Prospect, including 39 holes at the
Drill holes have been completed as fans of holes in a close-spaced (12.5 to 50-meter) grid pattern with the objective of defining the geometry, geological controls, and grade distribution of this significant new mineralized zone. Drilling has now defined the
Mineralogy, veining and alteration of the
Details of the locations of all 2022 drill holes can be found in Figures 1 and 2 with key assay intersections in this press release displayed in Table 1.
Table 1. Significant Assay Intersections from the
Drill Hole |
From |
To |
Length |
Au |
Ag |
Cu |
Pb |
Zn |
AuEq |
(meters) |
(meters) |
(meters) |
(g/t) |
(g/t) |
% |
% |
% |
(g/t) |
|
DC22-035 |
79.6 |
92.8 |
13.2 |
0.12 |
2.9 |
0.03 |
0.17 |
0.45 |
0.5 |
DC22-036* |
41.0 |
83.8 |
42.8 |
3.44 |
23.3 |
0.21 |
0.83 |
2.06 |
5.4 |
Incl |
42.0 |
60.4 |
18.4 |
7.29 |
49.9 |
0.44 |
1.78 |
3.92 |
11.2 |
Incl |
47.0 |
50.7 |
3.7 |
18.00 |
86.8 |
0.91 |
1.62 |
4.05 |
22.9 |
DC22-037 |
57.4 |
61.5 |
4.1 |
3.28 |
14.1 |
0.29 |
0.81 |
3.14 |
5.9 |
Incl |
58.4 |
59.3 |
0.9 |
14.55 |
35.7 |
0.89 |
0.15 |
0.22 |
16.2 |
DC22-038* |
74.6 |
82.8 |
8.2 |
4.39 |
8.7 |
0.34 |
0.03 |
0.28 |
5.1 |
Incl |
74.6 |
80.1 |
5.5 |
5.95 |
11.9 |
0.50 |
0.01 |
0.21 |
6.8 |
DC22-039 |
NSV |
|
|
|
|
|
|
|
|
DC22-040 |
NSV |
|
|
|
|
|
|
|
|
DC22-041 |
17.9 |
19.9 |
2.00 |
0.37 |
8.9 |
0.38 |
2.30 |
4.52 |
4.3 |
And |
32.2 |
38.2 |
6.0 |
1.13 |
7.1 |
0.09 |
0.72 |
1.30 |
2.3 |
Incl |
32.2 |
35.2 |
3.0 |
1.84 |
11.6 |
0.12 |
1.14 |
1.85 |
3.6 |
DC22-041B |
1.4 |
3.2 |
1.8 |
1.81 |
17.2 |
0.06 |
0.06 |
0.05 |
2.1 |
And |
17.4 |
22.1 |
4.7 |
0.13 |
7.1 |
0.26 |
1.36 |
2.35 |
2.3 |
Incl |
20.1 |
21.1 |
1.0 |
0.36 |
15.4 |
0.72 |
2.94 |
5.36 |
5.5 |
DC22-042 |
80.7 |
84.5 |
3.8 |
0.55 |
83.5 |
0.02 |
0.18 |
0.42 |
1.7 |
DC22-043* |
37.1 |
49.0 |
11.9 |
21.68 |
30.1 |
0.61 |
0.38 |
4.20 |
25.3 |
Incl |
37.1 |
43.7 |
6.6 |
38.31 |
48.8 |
0.89 |
0.37 |
5.48 |
43.3 |
Incl |
37.1 |
41.0 |
3.9 |
54.20 |
71.1 |
1.26 |
0.48 |
8.29 |
61.6 |
DC22-044* |
46.4 |
66.7 |
20.3 |
1.72 |
5.6 |
0.14 |
0.18 |
1.46 |
2.9 |
Incl |
52.8 |
54.8 |
2.0 |
8.34 |
8.9 |
0.41 |
0.44 |
4.00 |
11.4 |
DC22-045* |
4.6 |
57.1 |
52.5 |
2.95 |
5.5 |
0.10 |
1.01 |
2.38 |
4.9 |
Incl |
9.1 |
44.3 |
35.2 |
4.20 |
6.1 |
0.12 |
1.40 |
3.19 |
6.7 |
Incl |
9.1 |
11.0 |
1.9 |
12.95 |
37.7 |
0.08 |
13.51 |
31.42 |
36.2 |
Incl |
30.0 |
43.3 |
13.3 |
7.81 |
6.4 |
0.23 |
1.31 |
2.35 |
10.0 |
DC22-046* |
56.0 |
70.8 |
14.8 |
10.14 |
13.8 |
0.28 |
0.46 |
5.97 |
14.3 |
Incl |
56.0 |
65.7 |
9.7 |
15.34 |
20.0 |
0.42 |
0.60 |
8.58 |
21.3 |
Incl |
57.5 |
64.3 |
6.8 |
21.29 |
25.1 |
0.55 |
0.61 |
10.70 |
28.7 |
Incl |
57.5 |
59.0 |
1.5 |
62.50 |
10.5 |
0.77 |
0.59 |
10.50 |
70.0 |
DC22-047 |
97.8 |
159.1 |
61.3 |
0.19 |
0.4 |
0.05 |
0.06 |
1.02 |
0.9 |
Incl |
145.5 |
149.3 |
3.8 |
0.51 |
2.1 |
0.38 |
0.01 |
5.42 |
4.2 |
And |
264.0 |
276.9 |
12.9 |
0.08 |
3.1 |
0.73 |
0.01 |
0.11 |
1.1 |
Incl |
274.7 |
276.2 |
1.5 |
0.20 |
5.7 |
2.66 |
0.01 |
0.07 |
3.7 |
DC22-048 |
80.2 |
88.6 |
8.4 |
0.20 |
2.3 |
0.21 |
0.20 |
1.27 |
1.3 |
Incl |
84.5 |
85.7 |
1.2 |
0.51 |
7.9 |
1.03 |
0.91 |
3.21 |
4.1 |
And |
129.0 |
137.4 |
8.4 |
0.10 |
4.4 |
0.35 |
0.03 |
2.08 |
1.8 |
Incl |
129.0 |
131.4 |
2.4 |
0.25 |
12.7 |
1.20 |
0.04 |
4.87 |
4.8 |
DC22-049 |
55.7 |
62.3 |
6.6 |
1.43 |
13.4 |
0.62 |
0.13 |
4.35 |
5.0 |
Incl |
59.6 |
60.9 |
1.3 |
5.70 |
54.9 |
2.55 |
0.19 |
5.68 |
12.9 |
And |
72.9 |
76.2 |
3.3 |
0.39 |
4.9 |
0.23 |
0.09 |
3.29 |
2.7 |
Table 1 Continued.
Drill Hole |
From |
To |
Length |
Au |
Ag |
Cu |
Pb |
Zn |
AuEq |
(meters) |
(meters) |
(meters) |
(g/t) |
(g/t) |
% |
% |
% |
(g/t) |
|
DC22-050 |
52.8 |
68.9 |
16.1 |
0.17 |
2.3 |
0.05 |
0.16 |
2.08 |
1.5 |
Incl |
62.9 |
63.4 |
0.5 |
0.76 |
9.9 |
0.43 |
0.03 |
32.50 |
20.6 |
DC22-051 |
76.4 |
80.0 |
3.6 |
0.90 |
3.1 |
0.21 |
0.17 |
7.91 |
5.9 |
Incl |
77.6 |
79.1 |
1.5 |
1.91 |
3.3 |
0.29 |
0.33 |
12.75 |
9.9 |
DC22-052** |
NSV |
|
|
|
|
|
|
|
|
DC22-053** |
27.5 |
29.2 |
1.7 |
0.47 |
9.4 |
0.18 |
0.65 |
2.30 |
2.4 |
DC22-054** |
NSV |
|
|
|
|
|
|
|
|
DC22-055** |
NSV |
|
|
|
|
|
|
|
|
DC22-056 |
71.3 |
86.8 |
15.5 |
2.99 |
6.4 |
0.06 |
0.12 |
1.49 |
4.0 |
Incl |
79.8 |
81.3 |
1.5 |
25.70 |
3.5 |
0.01 |
0.03 |
0.81 |
26.2 |
DC22-057 |
72.9 |
75.4 |
2.5 |
0.74 |
2.9 |
0.11 |
0.05 |
7.10 |
5.1 |
Incl |
72.9 |
74.4 |
1.5 |
1.01 |
3.7 |
0.12 |
0.06 |
10.25 |
7.3 |
DC22-058 |
29.2 |
30.7 |
1.5 |
0.04 |
296.0 |
0.05 |
0.58 |
1.30 |
4.0 |
And |
62.6 |
68.6 |
6.0 |
0.49 |
1.8 |
0.02 |
0.12 |
0.63 |
0.9 |
And |
79.1 |
85.0 |
5.9 |
0.82 |
0.9 |
0.00 |
0.15 |
0.61 |
1.2 |
DC22-059 |
57.9 |
65.3 |
7.4 |
0.41 |
1.8 |
0.03 |
0.14 |
1.69 |
1.5 |
Incl |
61.1 |
64.3 |
3.2 |
0.55 |
1.5 |
0.04 |
0.18 |
2.67 |
2.3 |
DC22-060 |
53.1 |
69.2 |
16.1 |
0.36 |
4.7 |
0.21 |
0.19 |
3.97 |
3.1 |
Incl |
57.8 |
60.8 |
3.0 |
0.75 |
6.4 |
0.31 |
0.42 |
11.03 |
7.8 |
DC22-061 |
198.0 |
212.0 |
14.0 |
0.15 |
3.0 |
0.62 |
0.00 |
0.46 |
1.3 |
Incl |
199.5 |
201.9 |
2.4 |
0.50 |
9.6 |
1.67 |
0.00 |
0.76 |
3.2 |
DC22-062 |
44.1 |
49.1 |
5.0 |
0.24 |
3.6 |
0.03 |
0.24 |
1.08 |
1.0 |
And |
67.3 |
68.8 |
1.5 |
5.82 |
1.4 |
0.00 |
0.02 |
0.13 |
5.9 |
DC22-063 |
46.4 |
48.4 |
2.0 |
0.26 |
18.7 |
0.06 |
0.79 |
1.76 |
1.8 |
DC22-064 |
33.4 |
39.3 |
5.9 |
0.76 |
2.4 |
0.07 |
0.58 |
1.35 |
1.9 |
Incl |
33.4 |
35.0 |
1.6 |
2.23 |
5.2 |
0.13 |
0.86 |
2.08 |
4.0 |
And |
48.0 |
51.1 |
3.1 |
0.55 |
3.1 |
0.05 |
0.18 |
1.25 |
1.4 |
DC22-065 |
4.2 |
31.5 |
27.3 |
0.77 |
2.7 |
0.02 |
0.24 |
0.55 |
1.2 |
Incl |
19.3 |
27.8 |
8.5 |
1.41 |
3.6 |
0.03 |
0.69 |
1.55 |
2.6 |
And |
38.7 |
56.4 |
17.7 |
0.62 |
3.6 |
0.15 |
0.15 |
0.92 |
1.4 |
Incl |
46.7 |
48.9 |
2.2 |
2.20 |
15.1 |
0.74 |
0.01 |
0.53 |
3.6 |
And |
82.7 |
85.0 |
1.5 |
0.81 |
54.1 |
0.52 |
1.30 |
4.45 |
5.0 |
DC22-066 |
NSV |
|
|
|
|
|
|
|
|
DC22-067 |
NSV |
|
|
|
|
|
|
|
|
DC22-068** |
NSV |
|
|
|
|
|
|
|
|
Notes: |
|||||||||
* Previously released drill intersection |
|||||||||
** Other Difficult Creek Targets (not |
|||||||||
NSV = No significant values |
|||||||||
True thickness for the reported intersections estimated at |
About the
Johnson Tract is a polymetallic (gold, copper, zinc, silver, lead) project located near tidewater, 125 miles (200 kilometers) southwest of
Mineralization at Johnson Tract occurs in Jurassic intermediate volcaniclastic rocks and is characterized as epithermal-type with submarine volcanogenic attributes. The JT Deposit is a thick, steeply dipping silicified body averaging 40m true thickness that contains a stockwork of quartz-sulphide veinlets and brecciation, cutting through and surrounded by a widespread zone of anhydrite alteration.
The JT Deposit hosts an Indicated Resource of 3.489 Mt grading 9.39 g/t gold equivalent (“AuEq”) comprised of 5.33 g/t Au, 6.0 g/t Ag,
About HighGold
HighGold is a mineral exploration company focused on high-grade gold projects located in
On Behalf of
“
President & CEO
For further information, please visit the
Additional Notes :
Starting azimuth, dip and final length (Azimuth/-Dip/Length) for the 29 drill holes reported today are noted as follows: DC22-035 (180/72/152.2m), DC22-037 (180/64/94.6m), DC22-039 (180/55/118.9m), DC22-040 (180/77/137.3m), DC22-041 (180/45/49.7m), DC22-041B (180/45/25.1m), DC22-042 (180/42/149.4m), DC22-047 (180/45/310.7m), DC22-048 (180/65/188.3m), DC22-049 (180/45/150.0m), DC22-050 (180/61/173.0m), DC22-051 (180/75/134.0m), DC22-052 (180/45/143.3m), DC22-053 (180/45/273.6m), DC22-054 (180/65/82.8m), DC22-055 (180/45/101.6m), DC22-056 (171/45/120.8m), DC22-057 (171/57/132.2m), DC22-058 (171/70/256.7m), DC22-059 (180/45/215.0m), DC22-060 (180/63/151.4m), DC22-061 (180/77/437.0m), DC22-062 (200/45/159.7m), DC22-063 (209/65/133.5m), DC22-064 (160/45/102.5m), DC22-065 (160/80/91.3m), DC22-066 (180/45/114.5m), DC22-067 (180/65/156.7m), and DC22-068 (155/45/363.0m).
Samples of drill core were cut by a diamond blade rock saw, with half of the cut core placed in individual sealed polyurethane bags and the remaining half of the cut core placed back in the original core box for permanent storage, on site. Sample lengths range from a minimum 0.5-meter to a maximum 2.0-meter interval, with an average sample length of 1.0 to 1.5 meter.
The half-cut core samples are then dried for 1-2 days at 50-60 degrees Celsius, crushed to 2mm (>
Gold is determined by fire-assay fusion of a 50-gram sub-sample with atomic absorption spectroscopy (AAS). Samples that return values >10 ppm gold from fire assay and AAS are determined by using fire assay and a gravimetric finish. Various metals including silver, gold, copper, lead and zinc are analyzed by inductively-coupled plasma (ICP) atomic emission spectroscopy, following multi-acid digestion. The elements copper, lead and zinc are determined by ore grade assay for samples that return values >10,000 ppm by ICP analysis. Silver is determined by ore grade assay for samples that return >100 ppm. ALS Geochemistry meets all requirements of International Standards ISO/IEC 17025:2017 and ISO 9001:2015. ALS Global operates according to the guidelines set out in ISO/IEC Guide 25.
The Company maintains a robust QAQC program that includes the collection and analysis of duplicate samples and the insertion of blanks and standards (certified reference material). The Company’s database and QAQC data have been audited by two independent, external experts,
Neither
Forward looking statements: This news release includes certain “forward-looking information” within the meaning of Canadian securities legislation and "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 (collectively “forward looking statements”). Forward-looking statements include predictions, projections and forecasts and are often, but not always, identified by the use of words such as “seek”, “anticipate”, “believe”, “plan”, “estimate”, “forecast”, “expect”, “potential”, “project”, “target”, “schedule”, “budget” and “intend” and statements that an event or result “may”, “will”, “should”, “could” or “might” occur or be achieved and other similar expressions and includes the negatives thereof. All statements other than statements of historical fact included in this release, including, without limitation, statements regarding the Company’s further 2022 drill plans and future results at the
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Phone: 1-604-629-1165 or North American toll-free 1-855-629-1165
Email: information@highgoldmining.com.
Website: www.highgoldmining.com
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Source:
FAQ
What are the assay results from HighGold Mining's Ellis Zone discovery?
Where is the Difficult Creek Prospect located?
What is the significance of the drilling program at the Ellis Zone?
How deep has the mineralization been documented at the Ellis Zone?