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Winshear Gold (TSXV:WINS) secures environmental permit for initial drill program at Its Gaban Project

Mining
TSXV:WINS
07 October 2022 10:00 (EDT)

Source: Winshear Gold.

Winshear Gold (WINS) has received its environmental permit, the Declaracion de lmpacto Ambiental (DIA), from the Ministry of Mines in Peru.

The DIA allows for helicopter-supported drill testing of the Coritiri gold anomaly at the Gaban Gold Project, Puno Orogenic Gold Belt, southeastern Peru.

Gaban is being investigated as a possible hard rock source of the extensive alluvial goldfields being mined downstream at Madre de Dios, which now covers more than 1,900 square kilometres.

The Gaban Gold Project is located in the Puno Orogenic Gold Belt on the east side of the Andes, where gold-bearing shear zones are commonly found.

Winshear’s CEO, Richard Williams, called receiving this DIA a key milestone for the company and the continued development of the Coritiri Gold Target at Gaban.

“We now can apply for the provincial authorization to start activities in a process that typically takes one to three months.”  

Subject to availability of funding, he added that the company plans to commence a heliborne drill program after the coming rainy season ends in April 2023.

Winshear Gold is a Canadian junior exploration company focused on the exploration and development of the Gaban Gold project and the Tinka Iron Oxide Copper Gold project in Peru, and SMP Gold Project in Tanzania.

Winshear Gold Corp. (WINS) opened trading at C$0.045.


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