Goldseek Resources Inc (CSE:GSK) (CNSX:GSK) has acquired, via staking, the Val D'Or North property in Quebec, which it believes could host a porphyry type deposit.
The property lies 38 kilometres (km) north-east of Val D'Or and spans 143 claims over 8,000 hectares and complements the explorer's other assets in Urban Barry, Quevillon, Detour Gold Trend in Quebec and Hemlo in Ontario.
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"Quebec is a top mining jurisdiction worldwide, and we believe with our portfolio of four prospective projects in very active mining camps, we are set for discovery in this gold bull market that we feel is in its early innings," said chief executive Jon Deluce in a statement.
"The presence of till on surface at the Val D'Or project will allow us first to conduct a cost-effective till survey to screen the entirety of the property to look for geochemical anomalies."
A review of soil geochemistry data uncovered multiple polymetallic (silver, copper, zinc) trends in the property's northern area, Goldseek said.
Subsequently, it acquired ten claims to cover the expected anomaly source.
Next to this expected source is a showing that graded up to 3.32% moly; 2.06% zinc; 0.2% copper; 1.03 g/t gold and 5.14 g/t silver in a grab sample, the firm noted.
"The polymetallic nature of the mineralization indicates the potential for a porphyry type deposit, and the company believes that a similar deposit type could be at the source of the soil anomalies," said Goldseek.
It is reviewing additional data for the property and will complete a till survey program before the winter season, it added.
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