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    gold investing

    Antler Gold Reports High Grade Gold Assays from the Elm Trench

    Pia Rivera
    Jan. 25, 2017 08:59AM PST
    Precious Metals

    Antler Gold (TSXV:ANTL) announced high grade gold assays from the Elm trench in the Wilding Lake Gold Project, Newfoundland. Data confirms that portions of the Alder zone are wider than originally thought. As quoted in the press release: Cedar-Elm (CE) Zone. The CE zone is located approximately 1.1 kilometers northeast of the Alder-Taz zone and …

    Antler Gold (TSXV:ANTL) announced high grade gold assays from the Elm trench in the Wilding Lake Gold Project, Newfoundland. Data confirms that portions of the Alder zone are wider than originally thought.
    As quoted in the press release:

    Cedar-Elm (CE) Zone. The CE zone is located approximately 1.1 kilometers northeast of the Alder-Taz zone and the high grade assays received indicate the robust gold tenor in this particular area. The main shear vein, which attains widths of up to 2.0 metres, yields gold values ranging from 1.0 to 101.5 g/t Au, averaging 20.6 g/t Au (based on the 22 channels that sampled the shear vein). Trenching has exposed the vein for approximately 60 metres and it remains open along strike in both directions. The style of mineralization is very similar to Alder, occurring as a northeast-striking and moderately to shallowly southeast-dipping quartz vein within sheared Rogerson Lake Conglomerate. Free coarse gold is common and occurs in association with chalcopyrite, minor chalcocite, and locally tourmaline. A trench map is appended to today’s press release, and is available on Antler’s website at www.antlergold.com
    Alder-Taz (AT) Zone. Final assays from expanded trench work at Alder indicates the mineralized shear zone in the widened Trench 1 now has an expanded apparent width of up to 10.55 metres. Previously reported assays in this trench yielded a composite saw cut channel sample of 13.8 g/t Au over 4.0 metres. The mineralized zone has been expanded by several metres in each direction across strike (northwest and southeast) and revised composite channel samples include:
    8.7 g/t Au over 6.65 metres (includes 13.8 g/t Au over 4.0 metres)
    3.9 g/t Au over 6.05 metres
    6.5 g/t Au over 3.70 metres (includes samples of 19.2 g/t Au over 0.90 metres).
    Trenching at the Alder showing has exposed the mineralized shear zone over a strike length of 100 meters. The Taz showing is located 125 meters along strike to the southwest of Alder. An updated trench map is available appended to today’s press release and is available on Antler’s website at www.antlergold.com
    Dogberry Zone. Grab samples collected from the Dogberry main vein have returned assay values of 26.8, 55.8 and 78.8 g/t Au. The mineralization at Dogberry is similar in tenor to channel sample results previously reported (Press Release dated January 16, 2017). Late in the fall, the Dogberry trench was extended and uncovered several narrow quartz veins containing chalcopyrite within altered conglomerate. Grab sample results from the veins include 5.6 g/t Au, 15.0 g/t Au and 27.8 g/t. A 0.5 m channel across a similar vein in the same area assayed 7.8 g/t Au. Channel sampling of the altered conglomerate returned insignificant results. An updated trench map is appended to the version of this press release on Antler’s website at www.antlergold.com

    Click here for the full press release

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