GSKKF - Goldseek Defines up to 165 Gold Grains (1747 ppb Au) in Till at Val-D'or North and Identifies 4 Targets
(TheNewswire)
Highlights:
-
- Maiden soil (till) program identifies 4 targets atVal D’Or North Project nearby recent M&A in the district
- Target C had the highest calculated ppb Au values(295ppb, 380ppb, and 1747ppb Au) and the highest total gold graincount (125 and 165 total grains), indicating a probable proximalsource to the NNE of the defined anomaly.
April 20th 2021 – TheNewswire - London,Ontario – GoldseekResources Inc. ( CSE:GSK) (FSE:4KG) (OTC:GSKKF) (CNSX:GSK.CN) (“Goldseek” or the “ Company ”) is pleased toannounce partial results from the completed soil (till) survey on its recently acquired Val-d'Or North Property ( see news release datedNovember 10th, 2020 ). The bestresults include a succession of 5 samples containing gold anomalies(gold grain count and ppb Au equivalent) identified as Target 3 . The Company is currentlywaiting for the heavy mineral concentrate assay results, which willallow the Company to better interpret the potential source of theanomalies found on the Property. The survey generated a total of 4 Targets which will besubject to a follow-up program this summer.
Goldseek's President & CEO Jon Deluce states,"We are very encouraged to report our strong maiden till resultsand the identification of 4 Targets at our Val D’Or North Project. For a cost-efficient firstpass of the Project, these initial results exceeded our expectations,and we look forward to our follow-up program this summer to betterdefine the targets in this area of the Val D’Or district that isvery underexplored. This shows the depth of our asset portfoliobesides our new advanced stageflagship Beschefer. ”
VIDEO: GoldseekResources CEO Update
The Survey
The till survey consisted of the collection ofapproximately 15kg of B-Horizon material along access roads. The survey totalled 124 samples, over a total of 265 visitedstations. The collected samples were sent to OverburdenDrilling Management (ODM) in Ontario to produce a heavy mineralconcentrate and gold grain count. The mineral concentrate was sent toAgat Laboratory in Timmins (Ontario) to assay a series of metallicelements and common pathfinders (results are pending).
Figure 1: Visited Stations andTargets
Gold Grain Count Interpretation
Gold grains in the concentrates are examined to estimate the relativedistance that the grains have been transported from their bedrocksource by observing the degree of rounding, polishing, and bending ofthe grains. Gold grain morphology classification isdescribed as pristine, modified, or reshaped. Using the aboveinformation, potential sources can be defined to establish explorationtargets. Table 1 presents the best results,while Figure 2 and Figure 3 shows the location and quantity of totalgold grains on the eastern and western parts of the Property.
Table 1: Best Gold Grain Counts and Equivalent ppb goldPer Target
| Target |
| Sample |
| Number of Visible Gold Grains |
| Calculated PPB Visible Gold in HMC |
| Total |
| Reshaped |
| Modified |
| Pristine |
| Total |
| 1 |
| 23655 |
| 39 |
| 34 |
| 2 |
| 3 |
| 178 |
| 00565 |
| 23 |
| 22 |
| 0 |
| 1 |
| 298 |
| 00566 |
| 24 |
| 22 |
| 2 |
| 0 |
| 402 |
| 2 |
| 00574 |
| 27 |
| 21 |
| 4 |
| 2 |
| 621 |
| 00575 |
| 27 |
| 20 |
| 3 |
| 4 |
| 132 |
| 00576 |
| 30 |
| 21 |
| 2 |
| 7 |
| 61 |
| 00580 |
| 17 |
| 11 |
| 3 |
| 3 |
| 1381 |
| 00581 |
| 31 |
| 26 |
| 2 |
| 3 |
| 49 |
| 00582 |
| 19 |
| 18 |
| 0 |
| 1 |
| 69 |
| 23609 |
| 34 |
| 32 |
| 1 |
| 1 |
| 161 |
| 23606 |
| 28 |
| 26 |
| 0 |
| 2 |
| 232 |
| 3 |
| 23502 |
| 165 |
| 156 |
| 3 |
| 6 |
| 1747 |
| 23503 |
| 54 |
| 50 |
| 3 |
| 1 |
| 295 |
| 23504 |
| 20 |
| 17 |
| 2 |
| 1 |
| 42 |
| 23505 |
| 33 |
| 30 |
| 2 |
| 1 |
| 47 |
| 23507 |
| 20 |
| 19 |
| 1 |
| 0 |
| 83 |
| 23550 |
| 125 |
| 89 |
| 22 |
| 14 |
| 380 |
| 23551 |
| 28 |
| 20 |
| 5 |
| 3 |
| 107 |
| 4 |
| 23517 |
| 30 |
| 24 |
| 3 |
| 3 |
| 72 |
| 23518 |
| 23 |
| 18 |
| 2 |
| 3 |
| 40 |
| 23519 |
| 19 |
| 15 |
| 2 |
| 2 |
| 20 |
| 23527 |
| 10 |
| 9 |
| 1 |
| 0 |
| 62 |
Figure 2: Gold Grain Count Results onthe Western Targets
Figure 3: Gold Grain Count Results onthe Eastern Targets
The interpretation of the gold grain count resulted in theidentification of four areas with anomalous values total gold graincount.
Target 1 is located north of the Mogul showing.The showing has been described as a VMS system hosted at the contactbetween felsic tufs and basalts. The anomaly is open towards the northand will require additional sampling to define its extension. TheCompany acquired 23 claims to cover the potential source of theanomaly.
Target 2 is south of the Lavoie-Simard showing.The showing has been described as a Mo-Cu-Au-Znshowing , returning up to 3.32% Mo, 0.2% Cu, 2.06% Zn, 1.03g/tAu and 5.14g/t Ag (Ingham, 1953). Target 2 could be the down-icemanifestation of this showing and presents a very narrow dispersiontrail in a NNE-SSW direction. It is also possible that newmineralization is the source of Target 2.
Target 3 is a very intense anomaly, with acluster of the highest calculated ppb Au values (295ppb, 380ppb, and1747ppb Au) and highest total gold grain count (125 and 165 totalgrains), indicating a probable proximal source to the NNE of thedefined anomaly.
Target 4 is a small cluster of medium to hightotal gold grains (10, 19, 19 and 30 total grains).
All of the targets are open since the previous survey didn’t consistof a grid survey but was rather placed along the road to quicklyassess the Val d’Or North Property in a cost-effective method. Additional sampling will define the size of the anomalies andinterpret the potential source more easily. Till and bouldersampling will be carried out over the targets.
Qualified Person
This press release was prepared by Steven Lauzier, VPExploration for Quebec, P.Geo,OGQ and by Pierre-Alexandre Pelletier,P.Geo OGQ, who are qualified persons as defined under NationalInstrument 43-101, and who reviewed and approved the geologicalinformation provided in this news release.
References
Ingham, W.N., 1953: Information Report. Claims Lavoie,GM 02270.
Ingham, W.N., 1956: Information report on the Property.Claims Wrona, GM 03883.
About Goldseek Resources Inc.
Goldseek Resources Inc. is a Canadian exploration company with aportfolio of assets in Ontario and Quebec, Canada. By identifying sixprojects in world-class mining locations, Goldseek is poised todeliver shareholder value through rigorous exploration and developmenton these properties. Our mission is to find the next major discoveryin the mining camps of Urban Barry, Quevillon, Val D’Or, and DetourGold Trend in Quebec and Hemlo in Ontario.
ON BEHALF OF THE BOARD
Jonathon Deluce
Chief Executive Officer
Telephone: 226-271-5170
For more information, please contact:
Goldseek Resources Inc.
E-mail: goldseekresources@gmail.com
The reader is invited to visit Goldseek's web site https://www.goldseekresources.com/
Neither the Canadian Securities Exchange nor itsRegulation Services Provider accepts responsibility for the adequacyor accuracy of this release.
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