Gander Gold Corp (CSE:GAND) announced that it has completed its maiden Rotary Air Blast (RAB) drilling program at the Lizard Pond claims, part of the larger Gander South Project in Newfoundland.
The gold exploration company said the summer 2023 RAB program at Lizard Pond was designed to target positive soil and rock geochemistry results based on the gold-in-soil anomaly identified in 2021-2022 and consisted of three RAB drillholes totaling 196.6 metres drilled.
"While assay results for drilling at all three projects are pending, planning is underway for first ever drilling at the Goldenrod and Golden Horseshoe zones within the Mount Peyton Project," Gander Gold CEO Mark Scott said in a statement.
"Further planning is underway for the initiation of the company's first ever diamond drilling program, which will follow up on the successes from the 2023 RAB program," he added.
Gander Gold noted that Newfound Gold has previously reported the presence of visible gold and several significant gold intercepts from diamond drilling in the nearby Eastern Pond area.
It added that prior to the August RAB drilling at Lizard Pond, the company completed three RAB drill holes at BLT Thwart Island and 28 RAB drill holes at Gander North.
Gander Gold’s tagline is “All Newfoundland, All the Time.” The company is one of the island's largest claim holders targeting new high-grade gold discoveries with a current focus on the large Gander North, Mount Peyton, BLT (Botwood-Laurenceton-Thwart Island) and Cape Ray II projects where there has been very promising early exploration success.
Contact Sean at sean@proactiveinvestors.com