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

Related Articles

Kestrel Gold steps up drilling on highly prospective Yukon ground
September 26 2017
The group has five gold properties in Yukon and four copper-gold properties in British Columbia..

No investment advice

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You understand that the Company receives either monetary or securities compensation for our services. We stand to benefit from any volume this write-up may generate.

You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.

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