West Kirkland Reports Multiple New High-Grade Gold Sections on Surface at Gold Mountain Target Hasbrouck Project, Tonopah, Nevada

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Algemeen advies 08/06/2018 16:17
VANCOUVER, BRITISH COLUMBIA, June 07, 2018 – West Kirkland Mining Inc. (WKM:TSXV) (“West Kirkland”, “WKM” or the “Company”) reports new high-grade assay results from continuous sampling completed at surface on the Gold Mountain target, located near the Company’s Hasbrouck Gold Project, which outline clear targets for shallow surface drilling. New assay results from the east and central areas of the Gold Mountain target include:
•160 feet (49m) with an average of 4.34 g/t gold (across strike)
•140 feet (43m) with an average of 4.32 g/t gold (across strike)
•140 feet (43m) with an average of 2.15 g/t gold (across strike)

Previously announced results from the west part of the Gold Mountain target include:
•140 feet (43m) with an average of 3.40 g/t gold (across strike)
•100 feet (30m) with an average of 3.67 g/t gold (across strike)

The WKM surface sampling and mapping program outlines clear drill targets aimed at adding at-surface ounces from 0 to 200 feet (60m) deep within approximately 6,000 feet (1.8km) from the Company’s current heap leach Reserves at the Hasbrouck Gold Project. The current target area at Gold Mountain is approximately 3,200 feet (980m) long. Additional highlighted gold values from recent WKM systematic surface sampling are detailed below.

Surface Samples Length Gold (g/t) Location Orientation Reported
12 240’ (73m) 0.87 SR-04 Across strike May 17 2018
11 220’ (67m) 1.27 SR-01 Across strike June 07 2018
5 100’ (30m) 1.85 SR-05 Across strike June 07 2018
5 100’ (30m) 1.49 SR-02 Across strike June 07 2018
3 60’ (18m) 1.32 SR-02 Across strike June 07 2018
7 140’ (43m) 1.05 SR-09 Across strike June 07 2018
4 80’ (24m) 0.53 NP-12 Across strike June 07 2018
6 120’ (37m) 0.65 NP-13 Across strike June 07 2018
53 1,060’ 1.10

The target zones shown on the map are outlined by a further 179 continuous samples from WKM and historical work.

Four targets at Gold Mountain are planned to be drilled in the next phase of exploration (labelled 1-4 in map). The targets are controlled by clear structures and gold values are found at the upper elevations of these structures. The textures and controls for gold mineralization fit the classic low-temperature “epithermal” near-surface formation model, similar to the nearby Hasbrouck deposit and reserves. Further surface sampling will be completed where the targets are open. Drilling is planned with low cost, short holes at depths of 100 feet (30m) to 200 feet (60m), collaring in the mineralization. If required, deeper drilling will be completed in a second round of drilling.

Drilling performed by previous owners did not target or effectively evaluate the shallow and at-surface gold mineralization currently targeted by WKM. Some drill holes completed by past owners did intersect the 100-200 feet of gold mineralization at more than 1 g/t now targeted by WKM when their drill holes were collared in or near the zones now outlined by the WKM sampling.

The exploration targets at Gold Mountain (100% WKM Option Interest) are located approximately 1.8km to the east of the hill hosting the Hasbrouck Project (75% WKM, 25% Waterton Fund). See Photo below.

The Hasbrouck Gold Project contains Proven & Probable Reserves of 784,000 gold equivalent oz, (45,270,000 tons at 0.58 Au g/t for 762,000 contained Au oz; 7.99 Ag g/t for 10,569,000 contained Ag ounces. NPV5 Post Tax (US$1,275/oz Au) estimated at US$120M, IRR 43% (Technical Report and Updated Preliminary Feasibility Study for The Hasbrouck and Three Hills Gold-Silver Project, Esmeralda County, Nevada, USA, Report Date: September 14, 2016).
see & read more on

http://www.wkmining.com/news_releases/index.php?content_id=231



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