Greenlight Exploration in Bathurst Camp Results in New Gold Targets

Greenlight Resources Inc. (TSXV:GR) reported results from its initial prospecting and sampling program on its 100-per-cent-owned Keymet gold silver and base metal property, northwest of Bathurst, N.B.

As quoted in the press release:

Gold targets

Two new gold discoveries have been made by Greenlight’s geologists. The first is in outcrop on a brook 300 metres to the southwest of the Keymet shaft where a two m wide quartz-arsenopyrite (20 per cent arsenopyrite)-filled shear zone, which appears to be a splay fault off of the main Keymet shear, assayed 3.4 grams per tonne gold. The second new discovery was made approximately 1,500 metres to the northwest of the Keymet shaft while investigating a series of historic copper/zinc soil anomalies. In this area numerous large, angular boulders of silicified conglomerate and meta-wacke were found that contained 1 to 2 per cent disseminated needle arsenopyrite. These boulders have been traced over a distance of 450 metres and appear to be aligned subparallel to the strike of the Keymet vein system. No base metals are associated with this new showing which indicates that this is possibly a separate but parallel gold-bearing zone within the overall Keymet base metal/silver vein system. Initial analysis indicates that the boulders run between 1.7 gpt and greater than three gpt Au. (Final analysis on this sample is pending as it was overrange and had to be reanalyzed.)

Click here to read the GreenLight Resources (TSXV:GR) press release.

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