Sassy Resources (CSE: SASY) this morning provided an exploration update for ongoing fieldwork at its Foremore Gold-Silver project, located in the Eskay Camp of BC’s golden triangle. Drilling remains ongoing on the property, with phase 1 drilling revealing a new style of gold mineralization in the area while intersecting semi massive to massive sulphids at shallow depths.
While assays from recent drilling are not ready yet, the company has received preliminary results. The result, is that the BRT zone of the property has seen its strike extended by at least 115 metres, with the new style of gold mineralization being part of the More Creek Corridor. Meanwhile, with drilling complete within this region, drill crews are to be mobilized to the Westmore zone, which has previously gone undrilled and lies 3 kilometres southwest of the More Creek Corridor. Drilling in this area is to commence after labour day.
The development of Westmore is significant, as the property has gone undrilled previously as a result of being covered by ice and snow year round. With that ice and snowpack now receding, initial surface discoveries of 15.3 to 125.5 g/t gold and 203 to 1,900 g/t silver have been made on this region of the property. The results were derived from chip and grab samples along 80 metres of an exposed quartz vein. The company will now be looking to conduct initial drilling in this region as it looks to expand upon the discovery.
Furthermore, recent exploration conducted by the company has found that the vein density increases to the south for at least 400 metres, while remaining open to the north south and east. Visible gold has also been observed in surface samples, with assays currently pending for nearly 400 samples taken recently. As a result, a two kilometre by two kilometre area has been identified as being of interest.
Drill results from the firms More Creek Zone are currently pending, with the company awaiting on results from eight drill holes from the first phase of drilling.
Sassy Resources last traded at $0.57 on the CSE.
Information for this briefing was found via Sedar and Sassy 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.
Mexico: The World’s Leading Silver Producer
There is a saying in the mining industry that miners go where the minerals are....