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Galleon makes new gold discovery at West Cache undertaking

CryptoGuru by CryptoGuru
July 14, 2021
Galleon makes new gold discovery at West Cache undertaking
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Important widths have been additionally encountered, together with 41.5 metres at 1.03 g/t gold, 10.0 metres at 1.28 g/t, and 9.0 metres at 2.53 g/t.

The mineralization is open alongside strike and down dip.

This new space to the south has some similarities and a few variations to the mineralization found elsewhere on the property. The southern space has comparable bedded general geometry that conform to sediment-dominant greywacke and argillite host rocks.

There are additionally comparable areas of undifferentiated volcanic-intrusive items with mineralized margins and a number of type of pyrite mineralization correlating to gold grade. The south differs in its elevated shear texture, late shearing and brittle faulting that created native gouge and fracture zones, and extra pyrrhotite and presumably galena within the sulphide zones.

The West Cache (previously Timmins Porcupine West) property has been explored since 1927. It seems associated to the prolific Hollinger-McIntyre-Coniarum system.

The 2013 43-101 report put each open pit and underground assets at 8.7 million indicated tonnes at 2.17 g/t gold and 6.3 million inferred tonnes grading 2.31 g/t gold. The classes comprise 609,000 oz. and 470,000 oz. of gold, respectively.

(This text first appeared within the Canadian Mining Journal)

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