KGE optioned Laguna from the Company in
Laguna, located in the
The 2019 drill program was successful in identifying a new high grade, narrow hangingwall quartz vein that occurs above the mined Laguna quartz vein. The hangingwall quartz vein has been traced by drilling for approximately 250m along strike to about 150m depth. Some of the more significant down-the-hole gold intervals from the 2019 drill program are highlighted below.
LG19-003: 2.82g/t across 0.56m
LG19-004: 14.65g/t across 0.54m
LG19-006: 15.95g/t across 0.39m
LG19-007: 3.92g/t across 0.47m
LG19-011: 11.80g/t across 0.84m
LG19-015: 5.09g/t across 0.67m
LG19-017: 4.87g/t across 1.06m
Drilling in 2020 is planned to test the new hangingwall quartz vein, the Laguna quartz vein, the Bingo quartz vein and Kiski quartz vein system as well as possibly testing the Zona mineralized quartz vein on the Lucky Jack property. Summer work is planned to consist of prospecting and mapping with mechanical stripping at Laguna along with prospecting and mapping on the Lucky Jack property.
2019 Laguna Drill Program
Kinross completed a total of 3,203m of drilling in 17 holes over a collective 700m of strike length in two areas of the Laguna gold mine trend, a six kilometre long corridor of prospective geology and gold bearing quartz veining. The first area tested proximal to the Laguna quartz vein (LG19-01 to LG19-014) and the second tested proximal to the Kiski quartz vein system (LG19-015 to LG19-017). All drill holes intersected quartz veining with 11 of 17 holes intersecting veining/shearing over a minimum one metre in core length. Three drill holes also intersected fine grained visible gold within quartz veins.
A new hangingwall quartz vein was discovered above the Laguna quartz vein which returned locally significant gold results. Gold mineralization was encountered in the hangingwall quartz vein across a strike length of 250m and to a vertical depth of 150m. It remains open in all directions and part of the 2020 drill program will focus on extending the the strike and dip length of this new discovery.
Typical mineralization associated with gold mineralization at Laguna is with arsenopyrite which is predominantly associated in strongly sericitized and silicified rhyolite and in quartz veins over one to three metres in thickness. The arsenopyrite is predominantly disseminated within the sericitized zones and follow along hairline fractures and margins of quartz veins.
The Kiski vein system was encountered in holes LG19-014 to LG19-017. Quartz veins were associated with strong arsenopyrite mineralization (1% to 5%) within the silicified gabbro-rich host rock. Mineralization was highly constrained between 1m to 3m around the intersected vein.
The Kiski vein system was encountered in holes LG19-014 to LG19-017. Quartz veins were associated with strong arsenopyrite mineralization (1% to 5%) within the silicified gabbro-rich host rock. Mineralization was highly constrained between 1m to 3m around the intersected vein.
About
Rockcliff is a well-funded Canadian resource development and exploration company with a +1,000 tpd leased processing and tailings facility as well as several advanced-stage, high-grade copper and zinc dominant VMS deposits in the
Contact:
Tel: (705) 507-4251
Email: aross@rockcliffmetals.com
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