Hemlo Explorers Completes Mag Survey and Commences Field Season
Hemlo Explorers Inc. has announced that field work and prospecting has commenced at the Company’s Marathon, Ontario properties. The nearby Hemlo Gold Deposit has produced over 21 million ounces gold since 1985 and remains in operation today at Barrick’s Williams Mine. This is the first field season since the Company acquired 414 claims from O3 Mining Inc. (see press release dated June 2, 2020) which increased the size of the Company’s North Limb Project, and also included the Hemlo West property. The Company now has over 38,000 hectares of claims and is the largest claim holder in the Hemlo Camp.
“We are excited to have our crews back in the field to follow up on our prospecting successes from prior years, which included the discovery of multiple high-grade gold bearing veins around Beggs Lake (grab samples up to 109 g/t Au) and the new gold zone at Porphyry Lake. Our 2020 field season will focus considerable efforts on these newly discovered gold zones to improve our geological understanding of each trend, while also seeking to expand the known envelope of each,” said Brian Howlett, President and CEO of Hemlo Explorers.
The field team will be focusing on the Pic, North Limb and Hemlo West Projects for prospecting, mapping and data compilation in the early part of the field season. The North Limb Project has a geological setting akin to the prolific Hemlo deposit with drill hole intercepts of up to 37.35 g/t Au over 1 metre. Hemlo West is 15 kilometres west and on strike with the Williams Mine and 2.5 kilometres south of the Pic Project.
In late May, the Company commenced the start of a busy exploration campaign by completing a 460 line-kilometre high resolution magnetic airborne survey over a portion of the Pic Project, covering the Porphyry Lake and Contact Lake areas. This survey area is contiguous with the same high-resolution survey flown over Beggs Lake in 2018. These magnetic surveys help delineate stratigraphic boundaries and structural trends that are important to gold deposition at Beggs Lake, Wire Lake, Smoke Lake, Porphyry Lake, Contact Lake and Camp 27.
At the start of June, data compilation commenced to build 3D models for a better understanding of zone geometries and potential at North Limb, Wire Lake, Smoke Lake and Page Lake. This work is scheduled to be completed mid-summer and is anticipated to help generate targets for field follow-up and drill testing.
Additionally in June, a field program was started consisting of prospecting, mapping, and rock and soil sampling. The program will focus initially at the Beggs Lake Stock, a three-square-kilometre intrusive having multiple, mineralized fault-shear-fracture systems that trend northerly through the granodiorite–monzonite intrusive. Previous prospecting campaigns have discovered high-grade gold at the Lucky 13 trench, within the intrusive, having up to 100 g/t Au found in a grab sample of quartz veining along a fault-dyke contact. The 2018/2019 field programs found similar high-grade grab samples of quartz veining elsewhere around the edges of the Beggs intrusive with values of 109 g/t Au, 14.7 g/t Au, and 11.6 g/t Au at the ABC, Tibia and Goldshore occurrences respectively. This summer, Company geologists will follow-up on these discoveries to better understand geometry and the extents of mineralized structures. Follow-up ground geophysical IP surveys, overburden stripping, mapping and sampling over selected areas are anticipated to commence mid-summer. The goal of this field work, in combination with the compilation evaluations being undertaken, is to generate, refine and prioritize targets for a comprehensive drill program later this season.
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