VANCOUVER, March 13, 2013 /CNW/ - Great Northern Gold Exploration
Corporation, ("Great Northern Gold" or the "Company") announced that it
has completed the previously announced drilling program on its Wekusko
Gold Property in Northern Manitoba, testing gold targets on the one
kilometer by three kilometer (1km x 3km) McCafferty Grid (see press
release dated January 24, 2013). The McCafferty gold-bearing quartz
vein is exposed on the grid in a series of trenches and two shafts over
a strike length of 350 meters.
A total of 2,133 meters of drilling was completed between January 3 and
February 19, 2013 that tested 20 targets on approximately 5% of the
Wekusko Gold Property. To date assays have been received and analyzed
for 11 of the 20 drill holes.
The highlights include, a zone of hydrothermal, epigenetic gold
mineralization intersected in hole GN-13-11, with visible gold
identified at 85.5 meters within a 0.3 meter section that contained
131.1 grams of gold per tonne (g/t Au). The mineralization occurs
within highly altered Amisk basaltic rocks containing arsenopyrite,
carbonate, tourmaline, and axinite, near a contact with a sheared and
altered subvolcanic granitic quartz feldspar porphyry (QFP) intrusion.
Immediately uphole from this intersection the QFP contained 0.5 meters
that assayed 3.73 g/t Au. Both gold occurrences are believed to be
related to the same, possibly multi-episodic hydrothermal, epigenetic
mineralizing event and confirms the importance of the basalt-QFP
contact as a locus for shearing, hydrothermal alteration and gold
The remaining 10 holes for which assays have been received located
numerous sulfide bearing occurrences in drift covered areas but did not
contain significant gold. These holes were drilled largely in a mixed
granodioritic biotite dacite and subvolcanic intrusive to often
tuffaceous, fragmental units, away from the basalt-QFP contact area.
The true widths of the mineralization in the first 11 drill holes is
Assays are pending on the last 9 holes of this initial round of drilling
and will be reported when received and analyzed.
Previous drilling along this same contact and QFP intrusion extension to
the northeast by Black Pearl Minerals ("Black Pearl") in 2006
intersected (see Black Pearl press release dated April 26, 2006):
2.45 meters of 4.67 g/t Au, in drill hole BP-06-29, collared 100 meters
to the NE of drill hole GN-13-11; and
22.9 meters of 0.54 g/t Au, including 0.4 meters of 5.8 g/t Au, in drill
hole BP-06-25, 850 meters NE of hole BP-06-29.
Black Pearl traced this contact in limited outcrop another 1800 meters
NE of hole BP-06-25, where a previously reported drill hole ROD-97-6
intersected 12.5 meters of 0.56 g/t Au, including 0.5 meters of 8 g/t
Au. (Rodera Diamond Corp., 1997) The Company has not yet done sufficient work to verify these historic
drill results and does not intend to use the information for purposes
other than planning and prioritizing future exploration targets.
"The drilling results support our interpretation that this is a highly
prospective area and confirms the importance of the basalt-QFP contact,
and shearing within the QFP itself as a focus for hydrothermal
alteration and gold deposition," said Kim Oishi, CEO of GGE, "We now
have gold mineralization localized along this arm of the QFP intrusion,
both at the basalt-QFP contact and within the sheared QFP itself, over
a strike length of 2.5 km, starting 2.3 km northeast of the McCafferty
gold bearing quartz vein. This drill program combined with the
historical work on the Wekusko Gold Property indicates potential for
epigenetic mesothermal gold deposits located in shear zones below the
glacial till cover.
The core was hand split, to assure maximum sample size and shipped
directly to the TSL Lab in Saskatoon SK. from Creighton SK. Canadian
Standards were randomly inserted, with repeats of the same standards
used throughout the program. Results were returned within the
acceptable limits for all Standards, thus confirming the quality of TSL
assays. All samples split for analyses were subjected to 40 element
ICP-MS, with all samples that returned more than 2 grams of Au from the
ICP-MS analyses subjected to 2 assay ton fire assay. All samples with
visible gold were subjected to full screen metallic assays. The
assaying was done by TSL Labs of Saskatoon, SK.
As set out in the Company's NI 43-101 Technical Report dated May 12,
2012 and filed on SEDAR, the Wekusko Gold Property hosts historic and
recent discoveries of moderate to high grade gold mineralization in
near surface quartz veins. Prospecting and geochemical work north of
the high grade Ferro and Rex Laguna trending belts also indicate
potential for Snow Lake Mine (formerly New Britannia Mine) type of
larger tonnage, lower grade gold deposits. From 1949 to 2005, the Snow
Lake Mine produced 1,428,290 ounces of gold recovered from 12,124,449
tons milled for a recovery grade of 0.117 oz/ton.
Daniel Ziehlke, VP of Exploration for Great Northern Gold, is the
Company's Qualified Person under the definition of NI 43-101, and has
reviewed this press release for accuracy and compliance with NI 43-101.
Information relating to adjacent properties has not been verified by
Great Northern Gold and is not necessarily indicative of the
mineralization on the Wekusko Gold Property. The Wekusko Gold Property
is an early-stage mineral property and does not contain a resource as
defined by NI 43-101.
About Great Northern Gold Exploration Corporation
Great Northern Gold is a gold exploration company operating in Northern
Canada and has an option to earn a 100% undivided interest in the
property known as the Wekusko Property located 23 kilometers southeast
of Snow Lake, Manitoba and comprising 55 mineral claims totaling
approximately 8,880 hectares. Great Northern Gold has also entered into
a Property Option Agreement to earn a 100% undivided interest in the
property known as the Ferro Mine Property located 23 kilometers
southeast of Snow Lake, Manitoba and east of Wekusko Lake, Manitoba.
Please visit www.greatnortherngold.com for more information.
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SOURCE: Great Northern Gold Exploration Corporation
For further information:
Kim Oishi, CEO
Great Northern Gold Exploration Corporation
Toronto : (416) 804 9228
Vancouver : (778) 997 6228