Harfang discovers new high-grade area at Serpent and increases land position

Harfang Exploration Inc. has announced new gold discoveries on its 100% owned Serpent Property in James Bay (Québec). Three new gold showings on grab samples returning values of 125, 60.5, 33.8 and 1.7 g/t Au scattered over 2 km leading to major claim acquisitions (293 claims covering 15,140 ha) by map designation.

The newly-discovered high-grade gold occurrences open up a totally new prospective area at Serpent that has never been prospected, immediately west and north of LaSalle Exploration’s Radisson Property. Harfang believes that these findings are linked to multiple regional East-West structural breaks among which the parallel Stu structure could be one of the dominant features. Harfang now controls most of the auriferous structural breaks extending over more than 20 km in an East-West direction. The Property is now made up of 845 claims (43,452 ha).

Geological mapping and surface prospecting along structural breaks parallel and north to the Stu structure reveal gold showings corresponding to quartz veins hosted into sheared, foliated and gneissic tonalite and granodiorite considered to be part of the old Archean basement (Langelier Complex). The gold-bearing veins contain disseminated pyrite locally and resemble other gold occurrences found on the Property since 2017. The Stu structure, oriented into a N290° direction, is spatially associated with a >8 km2 gold-in-till anomaly and abundant gold occurrences on the Property (see press release dated on October 20, 2020).

Our winter program on the Property begins this week. Planned activities include grid cutting and an induced polarization survey. Harfang received analytical results from the majority of rock, till and soil samples collected during the fall exploration program and will disclose these new results in a press release as soon as they are compiled. All data will determine final targets for the first-ever drill program on the Property.

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