- Vancouver-based Clarity Gold (CLAR) has compiled historical data showing 25 per cent of previous drill holes at its Destiny project intercepted visible gold
- The data covers the 172 drill holes from previous operators on the whole project, 43 of which intercepted visible gold
- The Destiny property is the company’s flagship project and lies along a major structural break in Quebec, which is largely under-explored
- Clarity Gold is up 11.11 per cent and is trading at C$1.40 per share
Vancouver-based Clarity Gold (CLAR) has compiled historical data showing 25 per cent of previous drill holes at its Destiny project intercepted visible gold.
The data covers the 172 drill holes from previous operators on the whole project.
The Destiny project is located 75 km northeast of Val d’Or, Quebec within the prolific Abitibi Greenstone Gold Belt.
Clarity also collected 24 samples of drill core for geophysical rock property testing.
The company located 65 intercepts within with an average width of 0.71 metres assayed above 10 grams per tonne of gold within 43 holes of the 172-drill hole database.
“As we continue planning an exploration and infill drill program it is important to continue to characterize the project,” said Clarity CEO James Rogers.
“The number of reported visible gold occurrences in the previous drilling is no surprise given the high-grade intervals previous operators have reported throughout the project area. The Clarity team is excited to get to work on site and continue supporting the Destiny project’s merit as an exciting Abitibi gold project,” he added.
The 5,013-hectare Destiny project is located in the prolific Abitibi Greenstone Belt where more than 180 million ounces of gold have been produced historically and lies along a major structural break which is largely under-explored.
Clarity Gold is up 11.11 per cent and is trading at C$1.40 per share at 11:50am EST.
