Golden Ridge Drills a New Porphyry Copper-Gold Discovery

- August 14th, 2018

Hole HNK-18-001 intersected a broad interval of vein and disseminated copper-gold-silver mineralization.

Golden Ridge Resources (TSXV:GLDN) has announced a new alkalic copper-gold porphyry discovery at its Williams zone prospect, located on the company’s Hank project in British Columbia’s golden triangle.

According to the release, hole HNK-18-001 intersected a broad interval of vein and disseminated copper-gold-silver mineralization, centered on a strongly potassic altered monzonite intrusion.

As highlighted in the press release:

  • New alkalic porphyry discovery has been intersected in multiple holes along a 200 meter strike length to a depth of 585 meters below surface; open along strike and at depth.
  • 0.31 percent copper, 0.35 grams per tonne (g/t) gold, 1.94 g/t silver over 327.00 metres, from 72.00 to 399.00 metres in hole HNK-18-001
    • Including 0.45 percent copper, 0.54 g/t gold, 3.33 g/t silver over 75.10 metres from 105.00 to 180.10 metres.
    • Including 0.45 percent copper, 0.60 g/t gold, 2.90 g/t silver over 62.50 meters from 259.50 to 322.00 meters
    • Including 0.70 percent copper, 0.90 g/t gold, 4.88 g/t silver over 20 meters from 302.00 to 322.00 meters
  • Potassic altered and mineralized monzonite has been intersected in the first four drills holes on the Williams zone, for which assays are pending for holes HNK-18-002, 005 and 007.
  • The Williams zone remains open along strike and at depth.

Click here to read the full Golden Ridge Resources (TSXV:GLDN) press release.

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