- Evergold (EVER) has reported high-grade copper and silver near the GL1 Main zone at the Golden Lion property
- The company recently conducted a sampling program with a small man-portable diamond core drill within a 1.5-kilometre radius of the emerging gold-silver zone
- Drill highlights include grades up to 16.2 per cent copper and 735 g/t silver, highlighting the area’s potential
- Evergold is a Canadian mining company engaged in the exploration and development of mineral properties in British Columbia
- Shares in Evergold Corp. (EVER) are steady, trading at $0.125 per share
Evergold (EVER) has reported high-grade copper and silver near the GL1 Main zone at the Golden Lion property.
The company recently conducted a sampling program with a small man-portable diamond core drill within a 1.5-kilometre radius of the emerging gold-silver zone, focused on a mineralized outcrop at four sites.
The objective of the portable drill program was to better evaluate surface prospects and showings located across the Golden Lion property outside of the GL1 Main zone, some of which had been partially tested in 2020.
This broad GL2 target area is located across a prominent ridge and fault which separates the Lower Jurassic rocks to the southwest at GL1 Main from mainly older Triassic and Paleozoic rocks to the northeast.
Drill highlights include grades up to 16.2 per cent copper and 735 g/t silver, highlighting the area’s potential.
“These strong sampling results demonstrate the exploration potential of areas adjacent to the developing GL1 Main zone, in particular for copper, but also for gold and silver,” said Kevin Keough, president and CEO of Evergold.
“As we focus in the coming field season on unfolding the high-grade gold-silver story at the GL1 Main zone,” added Mr. Keough, “we’ll be keeping in mind the potential of these nearby targets, and their possible relationship to the large GL1 Main epithermal system.”
Evergold is a Canadian mining company engaged in the exploration and development of mineral properties in British Columbia. The company’s projects include Snoball, Golden Lion, Spanish Lake, and Holy Cross.
Shares in Evergold Corp. (EVER) are steady, trading at $0.125 per share as of 2:34 pm EST.