Battle North Releases Further Assays For McFinley, Pen Zones, Provides Guidance For Resource Estimate Timelines
Battle North Gold Corp (TSX: BNAU) this morning reported further results from its drilling program conducted on its Bateman Gold Project, located in the Red Lake district of Ontario. A total of ten drill assays were released this morning from work conducted at the McFinley and Pen Zones of the property.
The current drill program is focusing on confirming historic drilling that has previously occurred on site, with the aim of establishing a mineral resource estimate for the property. The main figures highlighted by the company was an assay of 34.01 grams per tonne gold over 2.37 meters, along the 6.88 grams per tonne gold over 2.50 meters, and 8.85 grams per tonne gold over 0.89 meters, all from the Pen zone on the property.
The company also highlighted an assay of 10.90 grams per tonne gold over 0.65 meters, which was intersected at the McFinley zone.
Battle North now believes it has sufficient data to assemble a mineral resource estimate for these two zones, with the two areas intended to provide additional mill feed to the Bateman Gold project. The McFinley resource estimate is expected to be filedin the fourth quarter of 2020, while the Pen zone is expected to have its resource estimate rate during the first quarter of 2021.
Full assays released this morning can be found here.
Battle North Gold last traded at $1.52 on the TSX.
Information for this briefing was found via Sedar, MAS Gold and Southern Empire Resources. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
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