Joshua Gold Resources Inc. Announces High Grade Gold Bulk Testing at Kenty Property
Joshua Gold Resources Inc. (OTC: JSHG) announced the completion of a bulk sampling report on gold recovery from the Kenty property in Canada. The sampling focused on the Hopkins Vein #2, which showed gold grades of 23.8 g/t. Two batches were processed, yielding 20.84 grams at 26.1 g/t for Batch #1 and 7.32 grams at 9.1 g/t for Batch #2. The results indicate promising gold recovery and further exploration is planned. The company remains optimistic about testing the vein's depth and its relation to the Kenty No. 1 Vein.
- Bulk sampling at Kenty property demonstrated promising results with gold grades of 23.8 g/t.
- Batch #1 yielded 20.84 grams of gold at a grade of 26.1 g/t.
- Batch #2 yielded 7.32 grams of gold at a grade of 9.1 g/t.
- Encouraging results suggest potential for further gold recovery.
- None.
WOODSTOCK, Ontario, March 23, 2021 /PRNewswire/ -- Joshua Gold Resources Inc. (OTC: JSHG) ("JSHG" or the "Company"), an American gold and mineral exploration company headquartered in Canada, is pleased to announce that it has completed a bulk sampling report on gold recovery from mineralized vein material on the Kenty property.
The property is located approximately 125 km(78 mi) southwest of Timmins, Ontario. The bulk sample was collected on a small block of mining patents, referred to as the Kenty mine site. The property contains numerous gold bearing quartz veins, two shafts, and underground workings dating back to the 1930's.
Prospecting and sampling gold zones on the property in July 2020 defined the sample area to Hopkins Vein #2; a north-south trending quartz vein system typically 2-4" wide in a trench located approx. 150 meters north of Shaft #1. (GPS – E: 379203, N: 5299435, UTM Zone: 17) Sampling of Vein #2 assayed gold grades of 23.8 g/t, or 0.765 per troy ounce (2020-02 Vein #2). The bulk sample was collected in a pile of blasted material from a previous operator and consisted of quartz vein and altered wall rock material. Mineralization is characterized by quartz, ankerite, pyrite and lesser chalcopyrite.
The bulk sample was extracted by Mag Rock Drilling during July and August via drilling and blasting methods in the mineralized Vein #2 area. The ore was then loaded and transported to the mill site on August 14th, 2020. Processing of material through crushing, grinding, pulverization and gravity concentration occurred in two Batch's – Batch #1 and Batch #2 .
Batch # 1 was run through the mill on August 25th, 2020, consisted of 1761 lbs (0.799 tonne) of hand cobbled rock containing primarily quartz vein. Batch # 2, ran on October 24th, 2020 and October 25th, 2020, consisted of 1778 lbs (0.806 tonne) of quartz vein and mineralized wall rock material.
To process the sample, first the rock was crushed, weighed, pulverized to
Gold was collected using gravity concentration from course and fine sluices lined with miner's moss. The course sluice was positioned between the slurry pump and ball mill's discharge; the fine sluice positioned after the cyclone.
The results were obtained by assaying concentrates for the total weight of gold recovered. Concentrates were dried and brought to Activation Laboratories in Timmins, ON for analysis. Activation passed samples through a riffle split to ensure proper grade control. Batch # 1 measured 20.84 grams of collected gold, which represents an approximate grade of 26.1 g/t normalized by sample weight. Batch # 2 measured 7.32 grams of collected gold, which represents an approximate grade of 9.1 g/t normalized by sample weight. Both results are encouraging for demonstrating recovery of gold from the vein samples.
Further exploration is planned to examine the vein at depth and its relationship to, or intersection with, the Kenty No. 1 Vein 150 meters to the south.
Ben Fuschino comments on the Kenty bulk testing, "We are encouraged by the excellent results of the bulk testing. Our geological team will be preparing further testing on Vein #2 which the Company will be commencing after the Spring ice break-up to more fully test the vein."
Joshua Gold Resources Inc. (OTC Pink: JSHG) a publicly traded American gold and mineral exploration company headquartered in Canada, home to the three-billion-year old Canadian Shield which contains a wealth of minerals from nickel, gold, copper, cobalt, niobium to chromium. Please visit http://www.joshuagoldresources.com/ for more information or contact investor relations:
Peter J. Nicosia
President
Bull In Advantage, LLC
585-703-6565
info@bluehorseshoestocks.com
bullinadvantage@aol.com
Safe Harbor Statement: This press release contains forward looking statements of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act. Forward looking statements are not a guarantee of future performance and results, and will not be accurate indications of the times, or by, which such performance will be achieved.
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SOURCE Joshua Gold Resources Inc.
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