Orefinders Resources Identifies High Grade Gold Targets and Releases Grab Sample Results at Mirado
Orefinders Resources Inc. (TSXV:ORX) identified multiple high grade gold targets on the MZ claims at the Mirado project in Ontario through the ongoing bedrock mapping and sampling program. Surface samples returned gold results ranging from 0.028 g/t Au up to 137 g/t Au (with the second highest sample returning 65.5 g/t Au) in outcrops located approximately 700 m along strike from the Mirado gold deposit.
As quoted in the press release:
…the ongoing bedrock mapping and sampling program at the Mirado project in Kirkland Lake has generated multiple high grade gold targets on the MZ claims, immediately adjacent to the Mirado patented claims. A total of 37 surface samples returned gold results ranging from 0.028 g/t Au up to 137 g/t Au (with the second highest sample returning 65.5 g/t Au) in outcrops located approximately 700 m along strike from the Mirado gold deposit, where SRK Consulting (Canada) is preparing a preliminary NI-43-101 compliant resource estimate. These new target areas share coincident bedrock structural controls, IP chargeability and resistivity features the company considers to be similar in style to gold mineralization identified during the 2013 drilling campaign at Mirado. A bedrock trenching, mapping and channel sampling program has commenced on the MZ property in order to assess the economic potential of these high priority gold targets. A map indicating the location of these samples can be viewed on Orefinders website at www.orefinders.ca.
Orefinders Resources Inc. President, Bill Yeomans, said:
The gold occurrences on the MZ property are readily accessible and ideally located near Mirado infrastructure. The trenching program now underway will assist us in gaining a better understanding of the significance of these occurrences. The option agreement in place for the MZ property provides a fast-track to 100% ownership through minimal cash payments, share issuances and work commitments.
Click here to read the Orefinders Resources Inc. (TSXV:ORX) press release
Click here to see the Orefinders Resources Inc. (TSXV:ORX) profile
MARKETS
COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 1827.83 | +3.40 | |
Silver | 20.91 | -0.09 | |
Copper | 3.73 | -0.01 | |
Palladium | 1882.50 | +42.73 | |
Platinum | 919.50 | +9.50 | |
Oil | 105.80 | +1.53 | |
Heating Oil | 4.23 | +0.01 | |
Natural Gas | 6.25 | +0.01 |
DOWNLOAD FREE REPORTS
BROWSE COMPANIES BY SECTOR
- Agriculture Investing
- Phosphate Investing
- Potash Investing
- Base Metals Investing
- Copper Investing
- Iron Investing
- Lead Investing
- Nickel Investing
- Zinc Investing
- Battery Metals Investing
- Cobalt Investing
- Graphite Investing
- Lithium Investing
- Manganese Investing
- Vanadium Investing
- Critical Metals Investing
- Magnesium Investing
- Rare Earth Investing
- Scandium Investing
- Tantalum Investing
- Tellurium Investing
- Tungsten Investing
- Energy Investing
- Oil and Gas Investing
- Uranium Investing
- Gem Investing
- Diamond Investing
- Industrial Metals Investing
- Aluminum Investing
- Chromium Investing
- Coal Investing
- Molybdenum Investing
- Tin Investing
- Precious Metals Investing
- Gold Investing
- Palladium Investing
- Platinum Investing
- Silver Investing
- 3D Printing Investing
- Bitcoin Investing
- Blockchain Investing
- Cleantech Investing
- Cloud Investing
- Cryptocurrencies
- Data Investing
- Emerging Tech Investing
- Artificial Intelligence Investing
- Mobile Investing
- Robotics Investing
- Fintech Investing
- Gaming Investing
- Esports Investing
- Nanoscience Investing
- Graphene Investing
- Nanotech Investing
- Security Investing
Featured stocks
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