Kestrel Gold Inc (CVE:KGC) has defined eight significant targets on its Val-Jual property located some 70 kilometers (km) south-west of Dawson City, Yukon.
The targets were identified over a 4.8 square km area within the Cupid and Jual areas. The plan now is to test these with a drilling program early next month.
Further prospecting is planned for remaining untested gold soil anomalies and Kestrel is confident this work will lead to the discovery of more mineralized zones.
Two anomalous zones encountered in the Cupid area
The company said work in the Cupid area of the property has encountered two anomalous zones: Cupid West and Cupid East.
Work at Cupid West has partially delineated a gold soil anomaly with numerous samples grading from 50 parts per billion (ppb) gold (Au) to a peak of 124 ppb Au.
Prospecting within this anomaly located bleached and limonitic intrusive sub-crop with occasional quartz stock-work, samples of which returned up to 9.04 g/t Au.
Work at Cupid East located a 175 meters (m) x 200m gold soil anomaly within which samples average 122 ppb Au with a peak value of 1,335 ppb Au.
This anomaly is strongly open to the south and occurs where a north-south trending lineament, visible on aero-magnetic maps, intersects the presumed margin of an intrusive body, Kestrel said.
Limited prospecting and hand trenching within this anomaly encountered limonitic, bleached and clay altered intrusive sub-crop, assays for which are pending, Kestrel revealed.
Prospecting in the Jual area took place in six main areas to define drill targets
Meanwhile, work in the Jual area of the property consisted of tight spaced soil sampling and prospecting in six main areas: Teckphel, RQC, Alcove, BQC, Lonely and T5Main.
The work was done in an effort to define drill targets.
At Teckphel, peak values of 1,456 ppb Au from soil samples and 0.53 g/t Au from rock samples help define a gold anomaly, roughly 650m by 800m.
At RQC, peak values of 305 ppb Au from soil samples and 2.18 g/t Au and 50.1 g/t Ag from separate rock samples help define a roughly 15-30m wide and 120m long northwest trending zone, open at both ends and to depth.
At Alcove, peak values of 340 ppb Au from soil samples and 14.5 g/t Au and 28.7 g/t Ag from separate rock samples help define an approximate 20-35m wide and 60m long north-northwest trending zone, open at both ends and to depth.
At BQC, peak values of 79 ppb Au from soil samples and 2.0 g/t Au and 27.2 g/t Ag from separate rock samples help define an approximate 20m wide and 100m long northwest trending zone open to the northwest and to depth.
At Lonely, peak values of 1,333 ppb Au from soil samples and 13.4 g/t Au and 24.6 g/t Ag from rock sampling are scattered throughout a 50m wide by 150m long area.
Although mineralized trends aren’t readily apparent from 2017 fieldwork, historical Teck Corp trenching and sampling results suggest a northwest trending zone.
At T5Main, peak values of 177 ppb Au from soil samples and 13.5 g/t Au from rock samples occur near the intersection of east-west and north-south trending lineaments visible on aero-magnetic data.
“Mineralization includes gold-polymetallic veins and stock-works, gold dominant veins and breccia zones and quartz veined and arsenopyrite mineralized meta-sedimentary rocks. which together with the widespread and numerous mineralized zones, proposed structural setting, and diverse trace element geochemistry, suggest the presence of a robust and well developed mineralizing system,” said Kevin Nephin, president and chief executive officer of Kestrel.