- K9 Gold (KNC) has completed its 2022 diamond drill program at the Jumper’s Pond zone on its high prospective Stony Lake project in central Newfoundland
- The 2022 drill program consisted of eight diamond drill holes totalling 2919 metres
- The program was designed to follow up on the gold mineralization encountered in hole JP21-022 that intersected a weighted average of 0.61g/t gold over a core interval of 127.4 metre
- K9 Gold (KNC) is unchanged, trading at $0.06 per share
K9 Gold (KNC) has completed its 2022 diamond drill program at the Jumper’s Pond zone on its high prospective Stony Lake project in central Newfoundland.
The 2022 drill program, consisting of eight diamond drill holes totalling 2919 metres, was designed to follow up on the gold mineralization encountered in hole JP21-022, that intersected a weighted average of 0.61g/t gold over a core interval of 127.4 metres.
Partial analytical results have been received and are currently being compiled and incorporated into the project database.
The 2021 drill program at Jumper’s Pond saw hole JP21-022 intersect a 127.4-metre zone of continuous gold mineralization averaging 0.61 g/t Au, from 97.00 to 224.40 metres downhole, including 65.1 metres of 0.78 g/t and 5.70 metres of 2.37 g/t.
Higher grade samples included 5.09 g/t over 0.30 metres and 5.58g/t over 0.50 mete in JP21-022, and 4.48g/t over 0.30 metres in JP21-019.
K9 Gold’s CEO, Jeff Poloni, commented on the news.
“The recent drilling program successfully extended the mineralized structures intersected in the previous drilling programs. We continue to add to our understanding of the structural orientation and characterization of mineralization. The Jumpers Pond Zone is one of the numerous structural inflection points interpreted from our geophysical surveys over our expansive property, and this year’s exploration will help in additional discoveries.”
K9 Gold is a mineral exploration and development company active in the U.S. and Canada.
K9 Gold (KNC) is unchanged, trading at $0.06 per share.