Sign up USA
Proactive Investors - Run By Investors For Investors

Kestrel Gold hits over 100 grams per tonne gold in rock samples at Clear Creek

Kestrel Gold has delivered an eye-catching gold sample of more than 100 grams per tonne from its Clear Creek property in the Yukon
Gold bars
Kestrel is in prime gold country

It’s one of the best gold addresses in the world: the Tintina gold belt in the Yukon.

Now, Kestrel Gold Inc (CVE:KGC) has hit some highly attractive results on the Clear Creek property there, upwards of 100 grams per tonne gold in recent rock sampling.

Clear Creek is in highly prospective country, just 60 kilometres west of Victoria Gold’s Eagle Gold project and 55 kilometres south of Golden Predator’s Brewery Creek project.

READ: Kestrel Gold finds lots to work on at its Val-Jual property

In the recent programme numerous styles of mineralisation at the Eiger zone at Clear Creek were identified, including from the peak representative grab sample that showed 100.1 grams per tonne gold in sheeted quartz-arsenopyrite veins, a peak chip sample of 8.26 grams across 1 metre in a sheared dirorite, breccia veins that showed peak values of 2.41 grams and a clay-altered diorite that returned a peak sample of 1.48 grams across 1.3 metres.

It’s all very encouraging, especially in the context of historical work on the project, which delivered a mineralised intercept across 88 metres of drilling that bottomed in three metres of 1.29 grams gold.

Another zone, the Saddle zone also returned encouraging results.

 “Our 2017 exploration program further defined and constrained the Eiger and Saddle Zones resulting in the identification of compelling drill targets on both zones which we look forward to being in position to test with a reverse circulation drill program potentially as early as this fall,” said Kevin Nephin, Kestrel’s chief executive.

 

View full KGC profile View Profile

Kestrel Gold Inc Timeline

Copyright © Proactiveinvestors.com, 2017. All Rights Reserved - Proactive Investors North America Inc., Proactive Investors LLC

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use