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Kingsview Minerals reports strong gold results at Hubcap Project in Wawa

Jul 18, 2023

 Kingsview Minerals Ltd. has announced results from a field sampling program at the Hubcap Project in the active Wawa Gold Corridor of northern Ontario.

The exploration carried out in the spring of 2023 is part of a multi-phase program across the 15,295-hectare property portfolio expected to take place over the summer of 2023. Current sampling results reported are focused on the Hubcap Project located immediately south of Red Pine Exploration's Wawa Gold Project where Red Pine recently reported a drill intersection of 1.32 grams of gold per tonne (g/t Au) over 100.99 metres (m).

Surface sampling highlights from the Hubcap Main block included: sample E5707121 from HBFS-23-004, which graded 62.60 g/t Au and 6.10 g/t of silver (Ag); sample E5707117 from HBFS-23-002, which graded 30.70 g/t Au and 5.40 g/t Ag with 1400 ppm of copper (Cu); and sample E5707119 from HBFS-23-003, which graded 25.00 g/t Au and 4.40 g/t Ag. Significant sample results are highlighted below in Table 1, and locations are shown on Figure 1 below.

James Macintosh, President and CEO, commented: "These results from our spring field sampling continue to provide strong evidence that the greenstones and intrusive rocks found at Hubcap resemble the regional geologic setting that has brought Red Pine Exploration so much success. The fact that 40% of the samples collected from outcrops returned gold assays in excess of 2 grams per tonne is very encouraging. We hope to replicate the success of our northern neighbour, given that the encouragingly strong gold values at Hubcap are associated with strong alteration, sulphide mineralization and structural deformation. The results provide excellent targets for our future exploration, including drill testing of the best targets we define."


Tags: Northern Ontario / Exploration / Gold / All Articles