- AustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
Kapuskasing Gold Corp. (TSXV:KAP) announced that a recent prospecting and sampling program at its Ontario-based Rollo and Borden Lake gold properties returned gold values of up to 7.69 grams per tonne.
Kapuskasing Gold Corp. (TSXV:KAP) announced that a recent prospecting and sampling program at its Ontario-based Rollo and Borden Lake gold properties returned gold values of up to 7.69 grams per tonne (g/t).
Furthermore, the company discovered a new gold zone on the eastern half of Rollo. It has been named the Trembaly porphyry after its discoverer and returned 1.36 g/t gold.
As quoted in the press release:
The Rollo property is situated along a projected extension of the Destor-Porcupine fault zone, which hosts several multi-million-ounce gold producers in the nearby Timmins camp, and sits between IAMGOLD’s Cote Lake gold deposit and Probe Mines’ Borden Lake Gold project.
The work on the Rollo Property focused on the areas surrounding the historic Hanson Lake and Coppell Gold Occurrences (see July 8, 2014 news release) and the large-scale zones of prospective alteration associated with quartz feldspar porphyries, identified by the Geological Survey of Canada. A total of 52 surface grab samples were collected, the majority of which returned strongly anomalous gold values, several greater than 1.0 g/t Au.
Dean Nawata, president and CEO of Kapuskasing, commented:
Kapuskasing Gold is extremely encouraged by the first pass exploration results from the Rollo and Borden North properties. These gold values confirm that both the Rollo and Borden North properties host potentially large pregnant gold systems which require further evaluation. We are excited to advance these projects to the drill testing stage as soon as possible.
Click here to read the full Kapuskasing Gold Corp. (TSXV:KAP) press release.
Latest News
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.Â