Precious Metals

Transition Metals (TSXV:XTM) and Aldershot Resources (TSXV:ALZ) has reported initial assay results from drilling done on the Gowganda Gold project in Ontario. As quoted in the press release: The results are from the first two, of eleven completed holes for which additional assay results remain pending. Holes TMH-17-022 and TMH-17-023 were drilled to test for …

Transition Metals (TSXV:XTM) and Aldershot Resources (TSXV:ALZ) has reported initial assay results from drilling done on the Gowganda Gold project in Ontario.
As quoted in the press release:

The results are from the first two, of eleven completed holes for which additional assay results remain pending. Holes TMH-17-022 and TMH-17-023 were drilled to test for a down plunge continuation of stockwork veining exposed at surface in the vicinity of the Annie’s Ladder showing.
President and CEO of Aldershot Minerals Jeremy Caddy commented that Aldershot is pleased with the initial assay results from the first two holes of the program and we are looking forward additional results as they become available over the coming weeks.”
President and CEO of Transition Metals, Scott McLean commented; “We consider these results to be encouraging as they further validate the potential of a mineralizing system with similarities to other known economic deposits in the region in terms of style of mineralization, alteration and geologic setting.”
Collar location and orientation for completed holes is presented below in Table 2. Figure 1 presents a map depicting the location of completed holes. Figure 2 presents a cross section depicting the location of holes TMH-17-022 and TMH-17-023.

Click here to read the full press release.

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