Goldseek Resources Inc. (CSE:GSK) announced full results from its winter drill program at its Beschefer project in Quebec which included 3.1 grams per tonne (g/t) gold over 6.5 metres (m), including 4.92 g/t gold over 2.8m.
London, Ontario-based Goldseek said the results of the 3,840-metre program successfully extend the East Zone 30m to the east.
"We continue to outline the strong continuity and expansion potential at Beschefer,” president and CEO Jon Deluce said in a statement. “At the eastern margin of our drill grid, we identified wide low-grade intervals associated with strong alteration and brecciation, which are considered proximity indicators for the next potential high-grade gold shoot.”
READ: Goldseek Resources says it is hitting mineralization in all holes drilled at Beschefer project in Quebec
Goldseek explained that the Beschefer project is positioned on a kilometric section of the B14 shear system hosted in the Brouillan volcanic formation. The northeast shallow dipping structure was discovered during the nineties, 12 kilometres (km) east of the former Selbaie Mine following a base metal targeting program. The gold-bearing structure is open to the east on the property over a strike length of approximately 2 km.
The company said the drill program successfully extended the known mineralized lenses: Central Shallow Zone, East Zone, and Eastern Extension, between a vertical depth of 175m and 350m. The results were successful in extending the northeast gold-bearing trend over approximately 200m, it added.
Highlights of the program include:
- 3.1 g/t gold over 6.5m, including 4.92 g/t gold over 2.8m in BE-22-22, which successfully confirms the continuity of the East Zone to the northeast
- 1.76 g/t gold over 9.65m in BE-22-24 on the eastern strike extension of the East Zone
- 12 of 13 holes returned gold values supporting the continuity of the B14 gold-bearing structure
“We are planning a follow-up drill program this summer and geophysics to better investigate the location of additional high-grade gold shoots cross-cutting the main northeast trend,” Deluce concluded.
The Beschefer project is located approximately 30 kilometres southwest of Wallbridge Mining Company Limited’s Fenelon gold project.
In March, Goldseek entered into an option agreement on the Beschefer project to earn 100% over four years from Wallbridge.
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 the author at stephen.gunnion@proactiveinvestors.com