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Kesselrun continues expanding McKellar Zone, 2nd drill to be set up

Jan 20, 2022


"Drilling on McKellar has shown that the zone consists of a wide gold mineralizing and altered shear zone comprised of multiple high-grade shoots," Michael Thompson, P.Geo., President and CEO of the company said. "Our limited drilling targeting the western extension of the McKellar revealed a previously uninterpreted jog or fault resulting in one hole, 094, collaring within the zone and the next 3 holes drilling through the hanging wall to McKellar. We remain convinced of the potential of significant strike potential of the McKellar zone to the west. As we begin our 2022 drilling, we will continue working towards the goal of giving clarity on the resource potential of all the zones."

Kesselrun Resources Ltd. is providing the following drilling results on its Huronian Gold Project.

Drilling of the McKellar zone continues to expand the footprint of the zone along strike and at depth as well as continuing to follow up with infill drilling. The zone is now well defined for nearly 600 metres of strike length and to a down dip depth of 150 metres. Drilling to the west has shown the potential for at least another 200 metres of extension. 2022 drilling will aim at proving up that potential at a minimum as well as further extending the zone down dip. 

Highlights

  • 21HUR126 intercepted 0.8 g/t Au over 44.8 m including 2.5 m which averaged 3.5 g/t Au

  • 21HUR125 intercepted 0.9 g/t Au over 15.4 m within a 97.8 m wide zone which averaged 0.3 g/t Au

  • 21HUR124 intercepted 0.8 g/t Au over 10.5 m within a 19.4 m wide zone which averaged 0.5 g/t Au

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Figure 1: Schematic Long Section - McKellar Zone

To view an enhanced version of Figure 1, please visit:
https://orders.newsfilecorp.com/files/4206/110868_7990e9bde452db38_001full.jpg

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Figure 2: NQ drill core 21HUR125 19.6 to 36.7 metres - McKellar Zone

To view an enhanced version of Figure 2, please visit:
https://orders.newsfilecorp.com/files/4206/110868_7990e9bde452db38_002full.jpg

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Figure 3: NQ drill core 21HUR126 34.9 to 60.6 metres - McKellar Zone

To view an enhanced version of Figure 3, please visit:
https://orders.newsfilecorp.com/files/4206/110868_7990e9bde452db38_003full.jpg

2021 Huronian Drilling

The 2021 Huronian drill program was completed with approximately 19,750 metres drilled of which the results from approximately 15,750 metres of drilling have been released. 

2022 Huronian Exploration Program

The 2022 Huronian exploration program will consist of drilling as well as geophysics over selected target areas. Drilling will be targeting the Fisher, Fisher North, McKellar and Huronian zones, all in close proximity along an approximate 1500 m strike length in the area of the historic Huronian Mine. As well, the geology on strike to the southwest of Goldshore Resources' Moss Lake deposit will be targeted. A 2nd drill rig is currently in the process of being procured for the increased drilling activity anticipated in 2022.

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Figure 4: Schematic Plan Map - McKellar Zone - Huronian Project



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