The Conversation (0)
Soldi Ventures Inc. (CVE:SOV) reports preliminary analysis from its summer long exploration program on the Golden Bullet project has returned grab sample values as high as 7.2 oz/t gold.
The press release is quoted as saying:
The highest grade sample was collected from newly exposed bedrock on the main license (assayed 222.5 g/t Au or 7.2 oz/t). Additional exploration, in the immediate area of this occurrence revealed a number of quartz–antimony veins which assay up to 26 g/t Au and 12.5% Antimony (Sb).
The 2004 Drill program achieved its stated objectives of better defining the geometry and gold distribution of the “Knob” quartz vein system where previous drilling and surface sampling encountered several high grade intersections with abundant visible gold. However, the drilling only returned highly anomalous gold values from the complex vein system. The veining is mainly hosted by a moderately to strongly altered, relatively coarse greywacke/pebble conglomerate and rarely by finer grained siltstone/shale. Alteration consists of a proximal sericite-iron carbonate assemblage bordered by calcite ± chlorite. Arsenopyrite and pyrite are locally abundant along vein margins but rarely exceed 1% in the veins themselves. Visible gold was encountered in two locations.
Click here to access the entire news release.
Click here to access Soldi Ventures’ company profile.(TSXV:SOV)