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GreenLight Resources Inc. (TSXV:GR) announced that it has received approval from the TSX Venture Exchange, an option to acquire a 100% interest in the Keymet property, Bathurst, New Brunswick.
GreenLight Resources Inc. (TSXV:GR) announced that it has received approval from the TSX Venture Exchange, an option to acquire a 100% interest in the Keymet property, Bathurst, New Brunswick.
As quoted in the press release:
Exploration Update – Gold Targets
Two new gold discoveries have been recently made by GreenLight’s geologists. The first is in outcrop on a brook 300 meters to the south west of the Keymet shaft where a 2 meter wide quartz-arsenopyrite (20% arsenopyrite) filled shear zone, which appears to be a splay fault off of the main Keymet shear, assayed 3.4 gpt (grams per tonne) Au. The second new discovery was made approximately 1,500 meters to the north west of the Keymet Shaft while investigating a series of historic Cu/Zn soil anomalies. In this area numerous large, angular boulders of silicified conglomerate and meta-wacke were found that contained 1-2% disseminated “needle” arsenopyrite. These boulders have been traced over a distance of 450 meters and appear to be aligned sub parallel 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 5.85 gpt Au. Further exploration is ongoing to determine the source of these boulders.
Click here to read the GreenLight Resources (TSXV:GR) press release.
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