The Reminder is making its archives back to 2003 available on our website. Please note that, due to technical limitations, archive articles are presented without the usual formatting.
Great Northern Gold Exploration Corp. is encouraged by a drilling program completed on its Wekusko Gold Property near Snow Lake earlier this year. The Vancouver-based company tested gold targets on the three-square-kilometre McCafferty Grid, a gold-bearing quartz vein. Over 2,000 metres of drilling was completed between January 3 and February 19, testing 20 targets on roughly five per cent of the Wekusko Gold Property. Kim Oishi, CEO of Great Northern, said the results 'support our interpretation that this is a highly prospective area.' 'This drill program combined with the historical work on the Wekusko Gold Property indicates potential for epigenetic mesothermal gold deposits located in shear zones below the glacial till cover,' Oishi added. Assays have been analyzed for 11 of the 20 holes drilled. One highlight saw visible gold identified in one hole at 85.5 metres within a 0.3-metre section that contained 131.1 grams of gold per tonne. Great Northern said the mineralization occurs within highly altered Amisk basaltic rocks containing arsenopyrite, carbonate, tourmaline, and axinite, near a contact with a sheared and altered subvolcanic granitic quartz feldspar porphyry (QFP) intrusion. Immediately uphole from this intersection the QFP contained 0.5 metres that assayed 3.73 g/t gold, the company said. Both gold occurrences are believed to be related to the same mineralizing event. The remaining 10 holes for which assays have been received located numerous sulfide-bearing occurrences in drift-covered areas but did not contain significant gold. The true widths of the mineralization in the first 11 drill holes is not known. Assays are pending on the last nine holes of this initial round of drilling. Despite the early exploration results, the Wekusko Gold Property is an early- stage mineral property and does not contain a resource as defined by today's reporting standards. Great Northern has an option to earn a 100 per cent interest in the property, located 23 kilometres southeast of Snow Lake. It comprises 55 mineral claims totaling some 8,880 hectares. Great Northern has also entered into an option agreement to earn a 100 per cent interest in the Ferro Mine Property, also located 23 kilometres southeast of Snow Lake. Neither the TSX Venture Exchange nor its regulation services provider accept responsibility for the adequacy or accuracy of information supplied by Great Northern. _ Compiled from a Great Northern Gold Exploration Corp. news release
