- Mistango River Resources (MIS) has discovered a near-surface high-grade gold zone over 1 km in strike length at its Goldie Project
- The program defined gold mineralization over 1 km of strike, with each of the four infill holes returning significant gold intercepts along the same plane
- The footprint is 1 km by 200 metres and 200 metres deep and open in all directions
- Mistango River Resources Inc. (MIS) opened trading at C$0.04
Mistango River Resources (MIS) has discovered a near-surface high-grade gold zone over 1 km in strike length at its Goldie Project.
Goldie straddles the Trans-Canada highway west of Thunder Bay.
Initial results include:
- 14 metres at 2.02 g/t Gold from 153 metres
- 1 metre at 16.6 g/t Gold from 70 metres
- 16 metres at 1.13 g/t Gold from 48 metres
The program defined gold mineralization over 1 km of strike, with each of the four infill holes returning significant gold intercepts along the same plane. The footprint is 1 km by 200 metres and 200 metres deep and open in all directions.
Assays for the diamond drill holes are still pending, with one of these holes returning visible gold. The company will model the data to plan a follow-up drill program once all assays are returned.
Historical work on the property has confirmed significant gold mineralized zones. More than 4,000 meters of diamond drilling was completed on various programs dating back to 2006 and covered a gold-bearing structure with more than 2 km of strike.
Goldie covers a 17 km of strike on the Shebandowan Structural Zone, which also hosts Goldshore Resources Inc’s (TSXV: GSHR) Moss Lake gold deposit. Goldie is also adjacent to Delta Resources Limited (TSXV: DLTA) Delta 1 Gold Property.
Mistango is a Canadian-based exploration and development company focused on its Kirkland Lake West and Omega projects in the Kirkland Lake District of Ontario’s Abitibi Greenstone Belt.
Mistango River Resources Inc. (MIS) opened trading at C$0.04.