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Home > News > Kesselrun prepares for...

Kesselrun prepares for further drilling at Huronian and private placement

Nov 26, 2020


Kesselrun Resources Ltd. is pleased to provide final results from the initial drill program on the Huronian Gold Project as it prepares for the next phase of drilling. Results reported are from the McKellar and Huronian Zones.

Highlights

  • High grade plunging shoot intersected at McKellar assayed 22.6 g/t over 1.0 m within a wider zone of 2.7 g/t over 16.8 m in hole 20HUR025
  • Other McKellar intercepts assayed 1.1 g/t over 19.1 m in hole 20HUR020, 1.0 g/t over 21.8 m in hole 20HUR021 and 1.1 g/t over 15.9 m in hole 20HUR023 outlining a wide zone of gold mineralization.
  • Huronian Zone drilling shows significant gold mineralization remaining among the historically mined area with hole 20HUR028 intercepting 8.7 g/t over 1.0 m within a wider zone of 0.8 g/t over 13.0 m in the hanging wall of 203S stope (200 foot level) and hole 20HUR029 intercepting 13.0 g/t over 0.9 m above 101S stope (100 foot level). 

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Figure 1: Schematic Block Section - Huronian Project
 

Michael Thompson, P.Geo., President and CEO of the Company, commented, "Our drilling on the McKellar Zone is the first step in our plan to extend mineralization down dip and along the more than two kilometres of strike length to the southwest. To the northeast of the McKellar zone lies the Huronian Zone where historic mining was focused on the narrow high-grade quartz veins which are hosted within a wide mineralized shear zone. We believe there is enormous potential to outline remnant mineralization amongst the historic workings as well as down dip and north east strike extents".

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. 

Previous operators have focused on the Fisher, Fisher North and McKellar Zones where drilling has been concentrated at near surface depths of 75 metres or less, while the Huronian Zone has been mostly unexplored since the closure of the mine in 1936. As a result, Kesselrun believes there to be significant upside potential on all zones.

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Figure 2: Schematic Plan Map - Huronian Project



Tags: Northern Ontario / Exploration / Gold / All Articles