MAS Gold Closes Off Winter 2021 Drill Program, Readies For Summer Drilling

MAS Gold Corp. (TSXV: MAS) today provided a final rundown of assay results from the 2021 winter core drill program at the company’s Preview-North Property in the La Ronge Gold Belt, Saskatchewan. 10 holes were completed, drilling an aggregate 2,502.5 metres.

Drill results outlined a 130 meter down dip extension of the mineralized horizon, reaching a depth of approximately 180 meters below surface. Highlights from the program include:

  • Hole NL21-054: 117.0 metres assayed at an average of 1.249 g/t gold.
  • Hole NL21-057: 98.1 metres assayed at an average of 1.003 g/t gold.
  • Hole NL21-061: 85.4 metres assayed at an average of 0.741 g/t gold.
  • Hole NL21-058: 119.0 metres assayed at an average of 1.080 g/t gold.

2021’s winter program was created to broaden the current North Lake inferred resource estimate. It succeeded in expanding known mineralization down dip between 30 and 50 meters, and by 150 metres to the west-southwest.

PTX Metals Inc. — sponsored Sponsored · PTX Metals Inc.

The company is now in the process of starting mobilization to the North Lake deposit, where a 5,000 metre drill program is to be conducted, which is part of the firms summer 2021 exploration program. The company is also conducting geology, prospecting, and geochemical programs to expand known footprints of mineralization, and develop drill targets for a winter drill program.

MAS Gold Corp. last traded on the TSX Venture at CAD$0.12.


Information for this briefing was found via Sedar and the companies mentioned. 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.

Video Articles

Why Is This $1.5 Billion Gold Story Worth Just $37 Million? | Fredonia Mining PEA

This Copper Stock Exploded Before Anyone Knew the Grade | Decade Resource

Silver Miners Will Crush Gold Miners | Adrian Day

Recommended

Mercado Minerals Signs LOI for La Franca, Adding 750 Metres of Undrilled Vein at Zamora

Goliath Hits Visible Gold In Bonanza Zone Step-Outs, Drills 9.12 g/t Gold Equivalent Over 11.27 Metres

Related News

Central Banks Will Likely Increase Gold Purchases in 2021, Suggest Researchers

Although many of the world’s central banks have foregone gold purchases in 2020 during the...

Wednesday, October 7, 2020, 10:28:00 AM

Global Gold Demand Drops To 11-Year Low As Consumers And Investors Face Effects Of COVID-19 Pandemic

It appears that gold has lost its lustre for many central banks and investors, causing...

Monday, November 2, 2020, 12:21:57 PM

Is This The Low for Gold? — With Jeffrey Christian of CPM Group

Returning today to the Daily Dive is Jeffrey Christian, founder & managing director of the...

Friday, October 28, 2022, 01:30:00 PM

Gold Soars! Spot Price Of Metal Sets New All Time High Over US$1,930 Per Ounce

Just one session after gold broke the $1,900 level, we have seen new all time...

Sunday, July 26, 2020, 10:53:46 PM

Texas Lawmaker Files Bills for Gold, Silver-Backed Money

A Texas legislator has filed two bills to establish a state-sanctioned currency backed by precious...

Monday, November 25, 2024, 07:30:29 AM