Solstice Gold Corp announced that it has completed the 2023 winter diamond drilling program on its 100% owned, royalty-free Red Lake Extension (RLX) project located in Ontario’s Red Lake Gold Camp.
The gold explorer said a total of 4,034 metres (m) was drilled during the winter of 2023 in 12 drill holes.
“While our drilling did not intersect high grade gold, we have confirmed gold is present over a wide area in a new extension of the Red Lake gold belt and a large portion of the property remains to be explored,” Solstice Gold interim CEO David Adamson said in a statement.
Solstice noted that anomalous gold was present in eight out of 23 drill holes completed in the summer 2022 and winter 2023 drill programs over a tested strike length of 12 kilometres (km), with the best results being 1.96 grams per tonne gold over 1.5m.
The company added that the drill results further confirm that the RLX property is underlain by the northern extension of volcanic rocks of the Red Lake greenstone belt as documented at the Sidace gold deposit located about 12.5 km to the southwest.
As well, Solstice said elevated lithium was apparently observed in all rock types at RLX and the company plans to evaluate the content of other rare metals through re-analysis of a subset of selected samples before considering potential additional sampling of drill core.
Solstice Gold is an exploration company with quality, district-scale gold projects in established mining regions of Canada.
Contact Sean at sean@proactiveinvestors.com