Parkside Resources Hits High Grade Gold Mineralization

Parkside Resources (TSXV:PKS) announced it had successfully completed prospecting, sampling and mapping programs at its Wiggle Creek and Savant Lake gold properties, confirming high grade gold mineralization at. Grab samples saw mineralization hitting 138.87 grams per ton in one sample while ten grab samples saw at least 20 grams per ton of gold.

According to the press release:

Geologists spent a total of 14 days on site, split equally between the two properties. During that time several known and unknown historical pits and trenches were located, visited and sampled. A number of grab samples, photographs and descriptions of the mineralization, and the host iron formation and clastic metasedimentary package, were obtained. The programs were successful in confirming the presence of high grade gold mineralization on both properties, including one grab sample of 138.87 grams per tonne gold, and ten additional samples of at least 20.0 grams per tonne gold

Richard Goldman, President and CEO, said:

We are very pleased with the excellent results from the exploration programs. We were attracted to the Wiggle Creek and Savant Lake gold properties due to the historic high grade gold assays and the potential for the folded iron formation structure to be analogous to Goldcorp’s Musselwhite Mine, 300 kms north of the properties. We were also drawn to the area as the Wiggle Creek and Savant Lake properties are very close to excellent infrastructure, including an all season paved highway, high-voltage powerlines and the Canadian National Railway.

Click here to read the Parkside Resources Corporation (TSXV:PKS) press release