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Home > News > QcX Gold Reports up to 3.87...

QcX Gold Reports up to 3.87 g/t Au from program on Golden Giant West, Quebec

Sep 28, 2020


QcX Gold has announced results from its Phase 1 exploration program on its 100% owned Golden Giant West project. The overall Golden Giant project comprises 3 properties, Golden Giant East, GGWest and the recently acquired Kali East, covering 18,992 hectares and is contiguous to Azimut Exploration Inc.'s Patwon project as shown below.

The Phase 1 exploration program on Golden Giant West resulted in the discovery of grab samples returning up to 3.87 g/t Au along with other anomalous samples of interest as shown in Figure 2 and Table 1. In addition, follow-up work on these areas of interest during the Phase 2 exploration program identified interesting mineralized samples for which assays are pending.

Albert Contardi, Interim Chief Executive Officer of QcX, stated, "These results confirm the gold potential of the Golden Giant West property, and support our recent acquisition of Kali East, which expands the GGWest block significantly in the vicinity of the highest grade sample taken to date on this grassroots project. We await the set of assay results from our Phase 2 follow-up program where we have identified similar mineralization and will update the market as they are received and compiled."

Image removed.

Figure 1: Location of the Golden Giant Project (red) with respect to neighbouring companies.

To view an enhanced version of Figure 1, please visit:
https://orders.newsfilecorp.com/files/1791/64716_ccd9ed3854154afa_001full.jpg

In Phase 1, 125 samples out of the total of 550 grab and channel samples collected were taken from GGWest. Ten samples returned gold value over the limit of detection. The more significant gold mineralization identified to date occurs as:

  • Sheared amphibolite associated with up to 3% pyrite returned the highest gold value of 3.87 g/t Au, along with 0.8 g/t Ag, and 0.02% Cu;
  • Angular quartz vein boulder containing 5-7% pyrite and traces of chalcopyrite returned 37 ppb Au;
  • Block of in-situ amphibolite containing 5-8% pyrite and quartz chlorite veins returned 16 ppb Au.

Future work will continue to advance the Company's geological understanding of the property as well as continued exploration to determine the possible extension of this new gold anomaly. 

Table 1: Results over 15 ppb Au from Phase-I on Golden Giant West property.

Sample
IDUTM-EUTM-NZoneAu ppbAg ppmCu ppmZn ppmAs ppmSb ppm

Y3752186886875791366173,8700.8214362< 2

Y375054689245579161917370.1119012< 2< 2

Y375215689014579142717160.424455< 22

Y375221682995579013617150.43681259< 2

 

Image removed.

Figure 2: Results from the Phase 1 prospecting program on Golden Giant East, underlain by geology. Labelled values are > 15 ppb Au. 

To view an enhanced version of Figure 2, please visit:
https://orders.newsfilecorp.com/files/1791/64716_ccd9ed3854154afa_002full.jpg



Tags: Quebec / Exploration / Gold / All Articles