Deer Horn Metals Inc. (TSXV:GODYF) announced results from a 10-day prospecting program on their Deer Horn property, located in BC. The Company also announced that Moose Mountain Technical Services will produce a Preliminary Economic Assessment of the property and will be focused on the near surface high grade gold-silver-tellurium zone.
As quoted in the press release:
Sampling of discrete veins in the Saddle, New Vein, Pry Bar and New West zones, returned numerous high-grade silver-tellurium values with lower grade gold values. Individual quartz-polymetallic sulphide veins locally exceed 1.4 m in thickness and are typically moderately south dipping. They primarily occur within foliated diorite or within a broad quartz-sericite alteration zone above a fault contact between the diorite and underlying clastic sedimentary rocks. Samples grade up to 633 g/t Ag, 0.92 g/t Au and 357 g/t Te and are typically elevated in copper, lead and zinc. Several of the Saddle zone samples also returned high bismuth values (up to 1240 ppm Bi).