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Kesselrun intercepts 15.7 g/t Au over 5.2 m at Huronian near Atikokan

Oct 21, 2020


Kesselrun Resources Ltd. is providing the following update on its 100% owned Huronian Gold Project. The company reports further results from the Fisher Zone, one of four zones tested in the 2020 Huronian drill program. All results have now been received and assessed from the Fisher Zone drilling. Kesselrun has now extended the high-grade portion of the Fisher Zone to nearly 100 metres down plunge.

Highlights

  • Wide zone of intense quartz veining, alteration and sulphides near surface assayed 1.8 g/t Au over 57.0 m including 15.7 g/t Au over 5.2 m and 52.3 g/t Au over 1.0 m in hole 20HUR003.
     
  • Extends the core of the Fisher Zone in hole 20HUR002 with two separate sub zones assaying 9.2 g/t over 1.9 m and 9.9 g/t over 1.1 m within a broader zone which assayed 1.1 g/t Au over 57.5 m.

Image removed.

Figure 1: Schematic Longsection - Huronian Project - Fisher Zone

To view an enhanced version of Figure 1, please visit:
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Michael Thompson, P.Geo., President and CEO of the Company, commented, "Our drilling on the Fisher Zone has demonstrated the continuity of the high-grade core. The data collected from this program has enabled us to better model the zone and target down plunge extensions of the known zone as well as new high-grade shoots along strike and down dip. The team is excited to test these targets in the next phase of drilling."

The 2020 Huronian drill program targeted four zones; Fisher, Fisher North, McKellar and Huronian. The four zones are in close proximity along an approximate 1500 m strike length in the area of the historic Huronian Mine. The zones include multiple generations of quartz veins that carry high-grade gold values in association with altered, sheared and variably mineralized mafic volcanics, feldspar-quartz porphyries and iron formation.



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