The 2021 diamond drilling program was conducted in the area of the Elmtree 12 polymetallic vein system (northwest of the historic Keymet Mine), which hosts high grade silver, zinc and copper. Gold mineralization also occurs locally in this area associated with arsenopyrite.
The core sampling will include intervals with arsenopyrite mineralization for gold analysis and intervals with base metal sulfide mineralization for base metal and silver analysis. The Elmtree 12 vein system includes local high-grade veins, including a 2018 drill intercept (hole Ky-18-14) of 1,158 grams / tonne (g/t) silver, 9.04% zinc and 9.19% copper over 3.00 meters core length.
The 2021 drilling program, conducted within the northwest region of the Keymet Property, consisted of ten holes (2,661 total meters) testing numerous targets northwest of the historic Keymet Base Metal – Silver Mine. The 2021 drilling program, as with the 2015, 2017 and 2018 drilling programs (see Company news releases for results of 2015, 207 and 2018 drilling programs), targeted the area of the Elmtree 12 polymetallic vein system and nearby target areas.
Twenty-two core samples from the first five 2021 drill holes (Ky-21-23 to Ky-21-27) were analysed during early 2022 with intercepts (core length) including (see Company News Release of April 20th, 2022):
Ky-21-25: 31.60 – 32.23 meters (0.63m): 1.53 g/t gold and 74.25 – 74.95 meters (0.70m): 3.17 g/t gold
Ky-21-27: 102.64 – 103.56 meters (0.92): 3.50% zinc, 3.26% lead, 0.36% copper and 48.8 g/t silver
The gold bearing intercepts of hole Ky-21-25 represent a new gold discovery for the Company referred to as the Debler Zone. Both gold bearing intercepts in this hole contain arsenopyrite mineralization. Hole Ky-21-27 tested the southern part of the Elmtree 12 vein polymetallic vein system.
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https://greatatlanticresources.com/new-and-additional-sampling-drill-core-keymet-precious-metal/ |