Rokmaster Resources Samples 16.50 g/t AuEq Over 1.0 m on Its Nechako Project
The Fox-Coconut Property and the Mystery Property are the eastern and western portions, respectively, of the two properties which constitute the
In
Highlights from the 2024 excavator trenching program are presented in Table 1 below and shown in Figure 2:
Mineralization throughout the Fox Showing consists of a series of structurally controlled gold and silver bearing epithermal quartz veins, breccias, and stockworks hosted by felsic volcanic rocks of the
The eastern portion of the Fox-Coconut Property holds high potential for porphyry-style mineralization with elevated copper-molybdenum values in a region of strong propylitic alteration surrounding unmapped quartz feldspar porphyry and monzonite bodies. There is also a recently discovered showing of subcropping boxwork quartz-limonite veining which returned up to 7.27 g/t Au and 5,388 g/t Ag in grab samples collected in 20194. An exploration permit for trenching and drilling in this area has been applied for with the intention to further explore the area in 2025. In addition, an exploration permit has also been applied for the Mystery Property, which hosts strong potential for porphyry-style mineralization in the western portion of the
"The 2024 excavator trenching program both confirmed and expanded outstanding high-grade gold and silver mineralization in the Fox Showing area. We are excited to follow-up with more exploration of this recently discovered area. The team is also planning concurrent exploration on the Coconut Showing in the eastern portion of the Fox-Coconut Property which holds great potential for porphyry-style Cu-Mo-Au mineralization as well as further high-grade Au-Ag mineralization."
Footnote 1: British Columbia Mineral Assessment report #35437. |
Footnote 2: Channel samples were cut using a diamond saw to collect a continuous 5x5 cm sample. Composite samples were collected from rock chips as continuously and representative as possible along the stated distance along the trench. Standard reference samples as QA/QC were inserted at a rate of 1 in 20 in the sample sequence and all returned within three standard deviations of the reported value. |
Footnote 3: Gold Equivalent ("AuEq") was calculated using the following metal prices: Au= |
Footnote 4: British Columbia Mineral Assessment report #38631. |
Footnote 5: Samples were prepared and analyzed by MSALABS in |
The technical information in this news release has been prepared in accordance with Canadian regulatory requirements as set out in National Instrument 43-101 and reviewed and approved by
On Behalf of the Board of Directors of
President & Chief Executive Officer.
Neither
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