- Kesselrun Resources (KES) has reported additional drill results for its Huronian Gold Project, including a second high-grade shoot in the Fisher Zone
- Drilling revealed grades of up to 40.8 g/t gold over 1.6 metres
- To date, Kesselrun has completed 8,000 metres of drilling at the property
- Kesselrun Resources is an Ontario-based mineral exploration company focused on growth through property acquisitions and discoveries
- Kesselrun Resources Ltd. (KES) is up 2.78 per cent on the day, trading at $0.185 per share
Kesselrun Resources (KES) has reported additional drill results for its Huronian Gold Project.
Drilling on the Fisher Zone has outlined a second high-grade shoot approximately 100 metres on strike to the southwest of the previously identified high-grade shoot.
Three drill holes in the area revealed the following results:
- 8 g/t Au over 1.6 m including 204 g/t Au over 0.3 m within a 10.4 m wide zone which averaged 6.6 g/t Au
- 8 g/t Au over 1.6 m within a 4.6 m wide zone which averaged 5.8 g/t Au
- 4 g/t Au over 1.3 m including 113 g/t Au over 0.3 m within a 6.7 m wide zone which averaged 6.4 g/t Au
Michael Thompson, the company’s President and CEO, commented on the results.
“This significant discovery, with multiple multi-ounce visible gold intercepts, is a game changer for the Fisher Zone,” he said, “showing the potential for multiple high-grade shoots along strike as well as the potential for similar multiple high-grade shoots in all the known zones and zones yet to be discovered.”
The 2021 drill program at the Huronian Gold Project will cover a total of 20,000 metres and target the Fisher, Fisher North, McKellar, and Huronian zones.
The area has “tremendous potential” for the discovery of new wide zones of significant gold mineralization.
“For the next phase of Fisher drilling,” added Mr. Thompson, “we plan on testing the down plunge extents of all the known and modelled high-grade shoots. We also plan on testing the relationship between the high-grade shoots on the Fisher Zone which I believe will be crucial in unlocking the full potential of this zone.”
To date, Kesselrun has completed 8,000 metres of drilling at the property.
Kesselrun Resources is an Ontario-based mineral exploration company focused on growth through property acquisitions and discoveries.
Kesselrun Resources Ltd. (KES) is up 2.78 per cent on the day, trading at $0.185 per share as of 3:59 pm ET.