Schematic section through the Hickey’s Pond system via Burin Gold Corp.
  • Burin Gold Corp. (BURG) released gold assay results from an additional 15 holes from the current diamond drilling program at the Hickey’s Pond – Paradise Gold Property in Newfoundland
  • 36 metres of 1.08 g/t Au including 12 metres of 2.27 g/t Au in HP-22-019, 13.40 metres of 0.65 g/t Au in HP-22-009, 16 metres of 0.98 g/t Au in hole HP-22-017
  • 9 drill holes with assays pending at Tower, a large previously untested zone of high-sulphidation alteration located 11 km SW of Hickey’s Pond
  • Burin Gold Corp. (BURG) is flat on the day, trading at $0.19 per share

Burin Gold Corp. (BURG) released gold assay results from an additional 15 holes from its Hickey’s Pond-Paradise Gold Property in Newfoundland.

Highlights:

  • 36 metres of 1.08 g/t Au including 12 metres of 2.27 g/t Au in HP-22-019, 13.40 metres of 0.65 g/t Au in HP-22-009, 16 metres of 0.98 g/t Au in hole HP-22-017
  • Broad zones of gold mineralisation now reported over 600 metres of strike
  • Large high-sulphidation epithermal gold system open along strike and to depth
  • 9 drill holes with assays pending at Tower, a large previously untested zone of high-sulphidation alteration located 11 km SW of Hickey’s Pond

Burin Gold’s CEO, David Clark, commented on the results.

 “I’m very encouraged by the results of this year’s drilling to date at Hickey’s Pond. We continue to intersect broad zones of epithermal alteration and gold mineralization. Extending our exploration along the 7 km strike of the geophysical anomaly at Hickey’s Pond will be a priority for future drilling, as well as building a solid geological model around the existing drilling to help vector towards potential zones of higher-grade mineralization.”

Burin Gold’s principal asset is its Hickey’s Pond-Paradise Gold Project on the Burin Peninsula, in southeastern Newfoundland and Labrador.

Burin Gold Corp. (BURG) is flat on the day, trading at $0.19 per share.

More From The Market Online

Rock Tech notches approvals for German lithium refinery

Rock Tech Lithium (TSXV:RKC) reveals it has received the full permits for its planned lithium refinery in Guben, Germany.
The Market Online Video

Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle

Graham Downs and Adam Coulter of Cascadia Minerals (TSXV:CAM) discuss promising projects in the Yukon Territory and British Columbia.

Microcap Star Diamond releases robust diamond valuation

Star Diamond (TSX:DIAM), a microcap mining stock, releases a prospective diamond valuation for three major kimberlite units in Saskatchewan.
The Market Online Video

High-quality lithium projects in Argentina with drilling underway

Argentina Lithium & Energy (TSXV:LIT) is focused on acquiring high-quality lithium projects and advancing them towards production.