Big Gold finds 11.4 g/t surface sample at Tabor Project near Thunder Bay
"Our technical team completed another round of surface exploration at Tabor, and we have compiled an excellent database to support where we believe drilling will bring us exploration discovery success on the property," said Scott Walters, CEO of Big Gold.
"We have identified gold mineralization at various locations on the property, our base line exploration efforts continue to outline gold potential along the identified gold trend and is consistent with the areas of success of our high-profile neighbours. In this gold price environment, we feel we are primed for major value creation in our next step of exploration efforts."
Big Gold Inc. (CSE: BG) (FSE: H7L) (the "Company" or "Big Gold") is pleased to announce another high-grade gold surface sampling result at the East Divide area as part of the Phase 2 Exploration program at the Tabor Project in the Shebandowan Greenstone Belt in Northwestern Ontario (Figure 1).
The Tabor Project Phase 2 exploration was conducted over a 7.5-kilometre strike length along the major regional trendand included surface exploration, re-logging and sampling of historic drill core as well as an Induced Polarization survey that was designed to define potential areas with more abundant sulphide mineralization which often accompanies gold mineralization in the area. Big Gold most recently completed another round of surface exploration on the East Divide property and has now compiled excellent data to support drilling locations along the property.
East Divide Surface Sampling
The Company's technical team recently collected several samples proximal to a surface bulk sample at the site of reported historical work completed at East Divide. At this site, it was reported that prospector Knut Kuhner carried out trenching, sampling, and milling of 47 tons of gold mineralized material. The recent high-grade sample was collected at the edge of the excavated area and consisted of quartz vein material with trace sulphides and graded 11.4 g/t Au. Table 1 below provides the sample's location and assay information, and Figure 2 shows a map of the sample location. The other 9 samples collected in June returned gold values less than 0.025 g/t gold.
Planned Maiden Drill Program
The Company is currently planning to drill a minimum of 1,500 metres in its inaugural drill program at Tabor, which shares a similar geological setting seen both on Goldshore's Moss Gold Project to the west, and to the east along the Shebandowan Greenstone Belt, including Delta Resources Limited's Delta-1 Project.
Goldshore's Moss Gold Project hosts current inferred or higher category mineral resources of 6.73 million ounces gold, including an Indicated Resource of 1.535 million ounces gold grading 1.23 g/t and an Inferred Resource of 5.198 million ounces gold at a grade of 1.11 g/t.
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