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Home > News > Joshua Gold Resources Inc....

Joshua Gold Resources Inc. reports encouraging gold results from Tecumseh

Sep 17, 2024


Joshua Gold Resources Inc has received laboratory results from its July 2024 ground sampling program at its northern Ontario Tecumseh gold prospect property in Davis Township. Gold-only preliminary results were recently reported, along with a compilation of historical sampling on the property.

New laboratory results have identified some very high-grade assays, confirming many of the gold findings from previous site explorations, along with several positive surprises - including possible significant lateral extensions to known vein systems, and potentially a new structure that may host previously undetected mineralization.

2024 Rock and Soil Sampling Highlights

  • Two "A Shaft" sample results returned 96.6 g/t (2.8 oz/t) and 5.05 g/t (0.15 oz/t) Au.
     
  • Three samples from the E and F vein trends also returned high-grade results of 37.8 g/t (1.1 oz/t), 51.4 g/t (1.5 oz/t), and 54.3 g/t (1.58 oz/t) Au.
     
  • Of 66 quartz vein samples collected between 2011 and 2024, the Tecumseh property has an average gold grade of 15.1 g/t (0.44 oz/t).
     
  • New ICP results, in line with historical samples, indicate the presence of significant copper, cobalt, and silver which indicate significant potential by-product credits.
     
  • MMI analysis detected anomalous copper (up to 4930 ppb), cobalt (up to 302 ppb), silver (up to 30.6 ppb), and gold (up to 0.6 ppb)
     
  • Soil results may indicate a significant extension to the known vein sets, potentially doubling their currently known strike extent.
     
  • Soil results may also point to a new zone of mineralization along the gabbro-greywacke contact.

The JSHG Tecumseh property lies just 2 kilometers north of the historic Norstar gold-copper mine which produced a total of 63,000 tons of ore at a grade of 7.2 g/t gold (0.21 oz/t) and 0.9% copper. Although relatively small, the high-grade Norstar mineralization exists along a faulted contact between Nipissing gabbro and Huronian sediments similar to the makeup of JSHG's Tecumseh property. This indicates the potential for mineralizations in comparable host rocks in the area, such as on the 1,100-meter (or about 1,200 yards) eastern gabbro/greywacke contact that trends through JSHG's Tecumseh property.

Two of JSHG's July 2024 rock samples (9253 and 9254) taken from Tecumseh's "A Shaft" area located in the northern part of the property returned 96.6 g/t (2.8 oz/t) and 5.05 g/t (0.15 oz/t) Au from the rubble around the shaft area (Table 1).

This area was largely overlooked by explorers, who keyed in on the better-exposed E, F, and G vein systems in the southern part of the property. As a result, the "A Shaft" area remains largely unexplored by modern methods and these promising samples warrant further exploration.

Image removed.

Sample 9254: Gossanous and vuggy quartz vein "A Shaft" rubble sample which assayed 96.6 g/t (2.8 oz/t) Au.

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Additional high-grade gold values were also confirmed from the E and F vein systems. Three of the new samples returned 37.8 g/t (1.1 oz/t), 51.4 g/t (1.5 oz/t), and 54.3 g/t (1.58 oz/t) Au. The gold's nuggety nature is again indicated by nearby samples taken from the E, F, and G vein systems. These samples returned gold values from less than the detection limit of 0.03 g/t (0.0008 oz/t) to a maximum of 9.26 g/t Au (0.27 oz/t).

  • A similar analysis of historical results informed by the July 2024 sample results shows an average (uncut) gold grade of 15.1 g/t (0.44 oz/t) based on 66 quartz vein grab samples collected from 2011 to 2024 (Table 1).
     
  • In line with previous findings, new ICP analysis results from the rock samples show significant copper (up to 0.66%), cobalt (up to 0.024%), and up to 28.8 g/t (0.84 oz/t) of silver, along with the high-grade gold (Table 1).
     
  • Scatter plots of 14 recent rock samples versus their composition show a high correlation to gold and silver. This may make them good pathfinders for gold in surface and subsurface environments (e.g. for soil sampling).
     
  • Additionally, 19 soil samples taken from a small area were also analyzed and returned anomalous levels of copper, cobalt, silver, and gold.


Tags: Northern Ontario / Exploration / Gold / All Articles