The company said the domain, which returned the highest grades of precious and base metals ever seen during drilling at Golden Lion, will undergo follow-up drilling during the 2022 field season.
Evergold Corp (TSX-V:EVER, OTC:EVGUF) announced that initial 3D geological modeling of the GL1 Main Zone, located on its Golden Lion property in British Columbia (BC), has highlighted the location of the first high-grade domain drilled on the property, which was intersected by the company in the final three holes of its 2021 drill program.
Evergold said this high-grade domain, which is coming to surface and returning the highest precious and base metal grades ever seen during drilling at Golden Lion, will be subject to follow-up drilling over the next field season 2022.
“Last year’s program demonstrated that the main GL1 zone is host to high grades over underground-like widths,” Evergold CEO Kevin Keough said in a statement.
READ: Evergold discovers high-grade copper and silver samples at its Golden Lion property in British Columbia
“The initial high-quality domain is open for expansion, and the nature of these large epithermal systems suggests that there will be more as we continue to explore the system at depth and along strike,” added Keough.
The company noted that previous drilling in this area has returned “several high-grade polymetallic intersections within broad envelopes of bulk tonnage-type mineralization,” including 2.8 meters (m) of 10.4 grams per tonne (g /t) gold, 651.3 g/t silver, 10.9% zinc and 3.7% lead.
Additionally, Evergold said the key “takeaways” from the 3D geological modeling include: the average true width of the area exceeds 100m; mineralization is open along strike to the northwest and southeast, and at depth down-dip to the northeast; alteration and grades appear to increase down dip on the three sections drilled by the company in 2021.
Evergold’s flagship assets include the Golden Lion property and the Snoball property in British Columbia, and the former high-grade gold and silver Rockland property in Nevada.
The company believes that the three precious metal host zones offer considerable advantages.
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