Heritage Mining (CSE: HML) continues to see positive results from its field program at the Drayton-Black Lake project, which is found in western Ontario. The firm has released further assay results from the channel sampling program conducted at the property, which has identified several high-grade gold-silver vein systems.
The program itself consisted of sampling at fourteen prospects within the Alcona and Moretti areas of the property. All channels were reported to have assayed gold, silver and base metal mineralization. Highlights include:
- Alcona-New Millennium: 11.2 g/t gold and 51.4 g/t silver over 1.0 metre at the T7 area
- Alona-New Millennium: 5.31 g/t gold and 25.0 g/t silver over 0.5 metres at the T9 area, with quartz vein subcrop material near-to this area assaying 2,330 g/t gold
- Moretti-Main: 7.85 g/t gold over 2.0 metres at the North Vein Prospect
- Alcona-Main: 2.72 g/t gold over 5.1 metres at the Central Vein Set
- Alcona-Main: 21.9 g/t gold and 121 g/t silver over 1.0 metre at the Central Vein Set
The channel samples overall are said to have confirmed widespread gold-silver mineralization at the Drayton-Black Lake project, with deformation zones ranging in size at different zones. In particular, Heritage highlighted that the lower silver-gold ratio at Moretti-Main suggests multiple mineralization styles may occur on the property, which is comparable to the Goliath Gold Complex operated by Treasury Metals (TSX: TML) 25-65 kilometres to the southwest.
READ: Heritage Mining Reports 208 g/t Gold In Samples At Drayton-Black Lake Project
“Our first pass channel sampling results have exceeded our expectations, confirming multiple high-grade Au-Ag mineralized vein systems at surface at Alcona, New Millennium and Moretti, similar to Treasury Metals’ Goliath gold project. These initial results have provided Heritage with valuable information on the style and tenor of gold and base metal mineralization at DBL, as we plan a more systematic field program for the winter months and into the 2023 exploration season,” commented CEO Peter Schloo.
Heritage Mining last traded at $0.085 on the CSE.
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