Goldseek Resources Inc announced that it has currently defined five exploration targets on its Val-d’Or North property in Quebec, which are based on polymetallic anomalies in soil samples that show consistent anomalies in till.
The company said a follow-up is targeted for this summer to better define and characterize the targets.
“The presence of high gold grain counts, especially at our Target 3 supports the potential of this grassroots project in a camp that has seen lots of recent M&A,” Goldseek Resources CEO Jon Deluce said in a statement.
READ: Goldseek announces 4,000-meter drill program at Beschefer project
“We continue to deliver on our overall plan by developing our grassroots portfolio systematically while being open to partnerships while focusing on our near-resource flagship Beschefer on the Detour Gold Trend,” Deluce added.
Goldseek noted that the exploration targets update followed the receipt of 2021 survey results and completion of an updated interpretation.
It added that the work program for 2022 will include trenching to better define the geology and potential source and, following that, geophysics could be used to define drill targets to test the expected source of anomalies.
As well, the company reported that it has granted incentive stock options to certain Goldseek directors, officers and consultants to acquire a total of two million company common shares at an exercise price of $0.15 per share. The options are exercisable for a three-year term expiring February 15, 2025.
Goldseek Resources is a Canadian exploration company with a portfolio of assets in Ontario and Quebec, Canada. The company's mission is to find the next major discovery in the mining camps of Urban Barry, Quevillon, Val D’Or, and Detour Gold Trend in Quebec and Hemlo in Ontario.
Contact Sean at sean@proactiveinvestors.com