Скачать или смотреть Gold Springs' Geologists Show the new Declaration Target - Utah Side of the Gold Springs Project

Gold Springs Resource Corp's Geologists Randy Moore (Vice President Exploration and Senior Geologist) and Henry Black (Project Geologist), discuss the new Declaration Target at the Gold Springs project. The Declaration target is an epithermal, quartz veining, breccia and stockwork zones and it has 800 metres of strike length with the potential northern extension obscured by post-mineral cover. The Declaration target lies on the Utah side of the Gold Springs project and is situated 600 metres west of the North Jumbo resource and adjoins the Juniper target. Declaration is situated along the western edge of a strong CSAMT (ground) and ZTEM (airborne) geophysical surveys’ resistivity highs. The North Jumbo resource is situated along the eastern edge of these same resistivity anomalies. Declaration represents a high-grade target and is a vein system with a dominant banded quartz vein averaging 0.5 metres in width and is hosted within altered andesite. Alteration consists of quartz-sericite development associated with the vein extending out for up to 50 metre widths. Adjacent to the vein, the host rock is brecciated and strongly silicified with stockwork veining continuing into the wallrock. The quartz vein connects with the historically-mined Independence vein system to the south, and can be traced for 800 metres along strike to the north. Together with breccia/stockwork zones and altered host rock the target area has a width of 50 metres. The southern portion of the Declaration target is centered on a structural intersection between the major Etna fault, which is an important feature of the South Jumbo mineralization, and a northwest striking splay fault which hosts the vein and breccia zones. There are several small historic diggings located at this structural intersection which is generally obscured by post-mineral cover. The quartz vein at Declaration is a continuation of the Independence Vein, which features extensive historic workings. There are several shallow shafts and pits along the exposed strike length of the vein. Surface sampling along the Declaration target has been conducted by the Company and in the past by Astral Mining. Significant gold values have come from the vein and the breccia zones surrounding the vein. The Declaration vein consistently returns +1 g/t Au with variable silver grades from 5 - 153 g/t Ag. The highest-grade sample returned 9.46 g/t Au and 55.5 g/t silver.