(via TheNewswire)
Highlights
Hanstone receives assay results up to 277.9g/t Au and 1,405g/t Ag from grab samples at sample pits at Q17/Q22 Zones.
High-grade gold identified at Q17/Q22 Zones along a 350-metre strike length.
Field Program Overview
Field reconnaissance was carried out during the Summer 2022 program, alongside the bulk sampling program previously announced on
Assay results from grab sampling at the Q17 and Q22 Zones yielded a high value of 277.9g/t Au and 935g/t Ag from sample 872104, which was taken from DOC22-Pit 7E (see Table 1 & Figure 2). This pit, opened on the Q17 vein, exhibits a vuggy gossan with galena-derived boxwork on the margin of the same vein exposed at the bulk sampled zone at the top of the slope at DOC22-Pit 2E through 3E, the results from which were announced on
Mineralization observed at the Q17, Q22, and Q19 Zones is hosted within broad, approximately ~1 metre thick vitreous quartz veins with 5-10% coarse (up to ~2cm) galena crystals disseminated within the vein margin. See Figure 1 and Table 1 below for sample locations.
Sampling at Q17 / Q22 Zones
Grab sample 872125, taken directly above the end of the adit and roughly at the centre-point of the segment of the Q17 vein mined by the underground workings, returned 111.5g/t Au and 155g/t Ag. Sample 872122, taken directly above the eastern end of the underground workings, yielded 47.7g/t Au and 248g/t Ag. More significantly, sample 872123, taken 130 metres further ESE along strike beyond the end of the surface projection of the underground workings, in the vicinity of the eastern-most historical 1988 drilling, yielded 58.3g/t Au and 256g/t Ag. *
Table 1. Grab Sample Assay Highlights
Sample ID | Location | Zone | Au (g/t) | Ag (g/t) |
872104 | DOC22-Pit 7E | Q17 | 277.9 | 935 |
872125 | (outcrop grab) | Q17 | 111.5 | 155 |
872127 | DOC22-Pit 8E | Q17 | 90.6 | 353 |
872128 | DOC22-Pit 6E | Q17 | 242.7 | 1200 |
872129 | DOC22-Pit 5E | Q17 | 14.6 | 237 |
872131 | DOC22-Pit 4E | Q17 | 22.1 | 19 |
872132 | DOC22-Pit 2E | Q17 | 36.0 | 307 |
872135 | DOC22-Pit 3E | Q17 | 231.4 | 1405 |
872136 | DOC22-Pit 2.5E | Q17 | 31.1 | 769 |
872122 | Above eastern end of workings, 130 metres east of DOC22-Pit 10E | Q17/Q22 | 47.7 | 248 |
872123 | 130 metres east along strike from 872122 | Q22 | 58.3 | 256 |
Figure 1. Grab Sample Highlights Map
Click Image To View Full Size
Discussion of Sampling Results
Grab samples taken from pits opened during the program yielded numerous high-grade gold showings with apparent continuity of a mineralized zone extending along surface from DOC22-Pit 1E (top of slope) down to DOC22-Pit 16E, a strike length of approximately 150 metres. Additional pits located 70 and 200 metres further southeast along strike of the same zone also yielded high-grade gold results (47.7g/t Au and 58.3g/t Au, respectively), with the zone remaining open along strike in both directions. This mineralized trend almost exactly parallels the underground workings and represents the surface projection of the same Q17 and Q22 veins that were the target of underground mining. Based on these observations, in conjunction with historical drilling intercepts across the vein, the mineralized zone appears to measure at least 350 metres along strike and 100 metres depth, while remaining open along strike and at depth.
The grades being returned from grab and bulk sampling at the
Figure 2. Sample 872104 (277.9g/t Au, 935 g/t Ag)
Click Image To View Full Size
Figure 3. Pit 8E looking west - representative section of mineralized zone
(rock hammer for scale)
Click Image To View Full Size
Bulk Sampling Recap and Pit Descriptions
As announced in Hanstone’s news release dated
A total of 18 sample pits were opened on the Property, with 17 pits located along the DOC area (Q17/Q22 vein zone) and one pit at the Q19 zone. The bulk sampling component of the program consisted of a series of four (4) bulk samples taken across the Q17 and Q19 vein zones. Each sample at both the Q17 and Q19 veins consisted of abundant galena and minor pyrite mineralization within 0.5 to 1.0 metre quartz veins, hosted within a broader shear zone and yielded anomalously high gold and silver values. No significant copper or zinc values were encountered.
The surface exposure of the Q17 and Q22 veins evidently coincide with the underground workings, with pits generally exhibiting a similar style of mineralization to that observed within the underground workings. In conjunction with historical drill results, veining and sulphide mineralization appears to be mostly continuous throughout the zone, as well as further along strike to the east.
* Cautionary Note:The reader is cautioned that grab rock samples are selective by nature and may not represent the true grade or style of mineralization across the Property.
Assay Method
Analytical results of sampling reported by Hanstone represent rock samples submitted by Hanstone directly to
About theDOC GoldProject
Qualified Person
Technical information in this news release has been reviewed and approved by Case Lewis,
About
Hanstone is a precious and base metals explorer with its current focus on the Doc and Snip North Projects optimally located in the heart of the prolific mineralized area of
For Further Information Contact:
+1-(778)-896-7778, ray.marks@hanstonegold.com
Or visit the Company’s website atwww.hanstonegold.com
Forward Looking Statements Disclaimer
The information contained herein contains “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and “forward-looking information” within the meaning of applicable Canadian securities legislation. “Forward-looking information” includes, but is not limited to, statements with respect to the activities, events, or developments that the Company expects or anticipates will or may occur in the future. Generally, but not always, forward-looking information and statements can be identified using words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or the negative connotation thereof or variations of such words and phrases or state that certain actions, events, or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved” or the negative connotation thereof.
Forward-looking information and statements are based on the then current expectations, beliefs, assumptions, estimates and forecasts about Hanstone’s business and the industry and markets in which it operates and willoperate. Forward-looking information and statements are made based upon numerous assumptions, including among others, the results of planned exploration activities are as anticipated, the price of gold, the cost of planned exploration activities, that financing will be available if needed and on reasonable terms, that third party contractors, equipment, supplies and governmental and other approvals required to conduct Hanstone’s planned exploration activities will be available on reasonable terms and in a timely manner and that general business and economic conditions will not change in a material adverse manner. Although the assumptions made by the Company in providing forward-looking information or making forward-looking statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate. Neither
References
1) Hanstone Gold Corp Press Release dated
https://www.hanstonegold.com/news-releases/hanstone-gold-announces-appointment-of-cfo-ay5gg
2) Hanstone Gold Corp Press Release dated
https://www.hanstonegold.com/news-releases/hanstone-receives-assays-up-to-4391g/t-gold-and-244-g/t-silver-from-bulk-sampling-at-doc-property-british-columbia
Copyright (c) 2022 TheNewswire - All rights reserved.
Copyright (c) 2022 TheNewswire - All rights reserved., source