Goldseek Resources Inc said it recovered the second best intercept to date (in terms of grade and thickness) at its Beschefer project in Quebec.
The intercept, which reads 4.92 g/t gold over 28.65 meters, including 11.39 g/t gold over 9.1 meters, was recovered during the initial drill of seven holes at the site.
The discovery was made during the company’s maiden 5,000-metre program, where all holes returned gold values supporting the continuity of the B14 gold-bearing structure.
READ: Goldseek Resources says ongoing drill has intersected gold-bearing zone in all holes
According to Goldseek, the drill grid was designed to cut the Central Shallow zone, where mineralization extends from the bedrock interface down to a vertical depth of about 200 metres.
Additionally, the base metals potential of Beschefer remains to be determined based on alteration indicators and copper sulfide occurrences.
“We are very excited to announce this exceptional intercept supporting the potential of a strong maiden resource targeted for 2022,” Goldseek CEO Jon Deluce said in a statement.
He added: “We believe these first infill-focused holes were a success, hitting gold in each hole, proving the continuity and predictability of the B-14 structure. Additionally, results obtained from hole BE-21-04 represent expansion potential through extending the Central Shallow zone to the east in an area with limited historical drilling.”
As the company continues to process data from the maiden drill, it will develop its follow-up drill program slated for the winter.
"We look forward to the remainder of the results, including three 100–200-metre extension/step-out holes on the East Zone, which continue to hit the mineralized zone with favorable indicators observed over intervals similar to previous holes,’ said Deluce.
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