The exploration potential of the Storø licence has been demonstrated through several exploration and sampling campaigns. The most prospective location in the licence is considered to be the
Future work will be focused on further drilling in the Qingaaq area to improve data density in the main zone area with the objective of increasing the mineral resource base. In addition, future drilling is planned to investigate the potential down-plunge extension of main zone and to improve geological controls on mineralisation within known gold-bearing structures.
The approach applied to exploration in the Storø licence has been a progression from: reconnaissance mapping and sampling of scree, stream sediments and outcrop to determine areas with anomalous gold and / or pathfinder elements; channel saw and chip sampling over outcropping zones of quartz veining, alteration and sulphide mineralisation; and ultimately diamond drilling to test continuity of gold mineralisation and controlling structures at depth.
Historic exploration to date has demonstrated that:
- Exploration sampling and drilling suggests that gold mineralisation with economically interesting grades occurs within the Storø licence area with two main areas identified on
Qingaaq Mountain andAappalaartoq Mountain ; - Mineral processing and metallurgical testwork has indicated that good gold recoveries in excess of 90% can be achieved from mineralised samples at Storø by a combination of gravity separation and cyanide leaching.
- Two main mineralised structures have been identified and sampled on
Qingaaq Mountain –Main Zone andBD Zone ; - The two mineralised structures related to stratigraphic horizons of the
Main Zone and lowerBD Zone at Qingaaq will be the focus of future exploration drilling; and
There are numerous areas within the Storø licence that warrant further work.
As part of potential future exploration work the Company is investigating various items including (i) drill testing near-surface extensions of the
The company will also continue to developing the structural model for the Qingaaq area and the broader Storø licence area as well as advancing the 3D geological model with a view to expanding the interpretation to incorporate the gold mineralised sections on the neighbouring
The Storø
Review by Qualified Person and QA/QC
The scientific and technical information in this document has been reviewed and approved by
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About
Greenhawk owns a 100% legal and beneficial interest in two mineral exploration licenses and one prospecting license in
For information, please contact:
Chief Executive Officer
Phone: 416-504-2020
Email: info@grhk.ca
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Certain statements in this press release may contain forward looking information which can be identified by the use of forward-looking terminology such as "believes", "expects", "may", "desires", "will", "should", "projects", "estimates", "contemplates", "anticipates", "intends", or any negative such as "does not believe" or other variations thereof or comparable terminology. No assurance can be given that potential future results or circumstances described in the forward-looking statements will be achieved or will occur. By their nature, these forward-looking statements necessarily involve risks and uncertainties that could cause actual results to significantly differ from those contemplated by these forward-looking statements. Such statements reflect the view of the Company with respect to future events and are based on information currently available to the Company and on assumptions, which it considers reasonable. Management cautions readers that the assumptions relative to the future events, several of which are beyond management's control, could prove to be incorrect, given that they are subject to certain risk and uncertainties, and that actual results may differ materially from those projected. Management disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking information.
The Canadian Securities Exchange has not reviewed, approved or disapproved the content of this news release.
Maps
Figure 1. Copenhagen Minerals Inc. Exploration Licenses; Figure 2. Copenhagen Minerals Inc. Prospecting License
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