- Silverstock Metals (STK) has provided an update on the recent exploration work carried out on the Gold Cutter Property in B.C.
- Results from a work program conducted in 2020 had verified the presence of significant precious and base metal values
- Gold results varied from below detection to a high of 9.81 g/t
- The company will have a better idea of the potential of the entire property once the results from the 2021 program have been analyzed
- The Gold Cutter Property consists of two mineral tenures covering a total of 1,821.1 hectares, 85 km north of Kamloops, B.C.
- Silverstock Metals Inc. (STK) opened trading at C$0.25 per share
Silverstock Metals (STK) has provided an update on the recent exploration work carried out on the Gold Cutter Property in B.C.
Two geologists and a prospector spent five days on the Gold Cutter Property for Silverstock last October conducting sampling and geological reconnaissance. 111 grab samples were collected.
Results from a work program conducted in 2020 had verified the presence of significant precious and base metal values in intrusive-hosted veins around the original discovery zone.
Gold results varied from below detection to a high of 9.81 g/t; nine samples had in excess of 0.5 g/t Au. Silver ranged from below detection up to 101 g/t. Base metal values varied from very low to highs of 0.23 per cent (Cu), 0.29 per cent (Pb) and 0.09 per cent (Zn). Molybdenum had a highest value of 0.22 per cent.
James Walchuck, CEO of Silverstock, commented on the findings.
“These levels of gold mineralization and polymetallic enrichment are considered encouraging for an early stage project. Once we have analyzed the 2021 results, we will have a better idea of the Property’s potential and lay out a path forward for 2022.”
The follow-up work completed in 2021 extended a north-northeast trending zone of quartz-ankerite-pyrite alteration in volcanics discovered in 2020, and further assessed soil/lithogeochemical and magnetic/structural targets inferred from 2020 data.
The company will continue to review and assess the information it has currently on hand and will have a better idea of the potential of the entire property once the results from the 2021 program have been analyzed.
The Gold Cutter Property consists of two mineral tenures covering a total of 1,821.1 hectares, 85 km north of Kamloops, B.C.
Silverstock Metals is engaged in the business of mineral exploration and the acquisition of mineral property assets in Canada.
Silverstock Metals Inc. (STK) opened trading at C$0.25 per share.