GOLD: Red Lake Gold traces LP fault at Whirlwind Jack

RED LAKE – Airborne survey results from Red Lake Gold’s 212-sq.-km Whirlwind Jack project suggest that the LP fault zone extends for […]
Whirlwind Jack Magnetics Map Credit: Red Lake Gold Inc.

Topics

Commodities

Regions

Tags

Companies

[caption id="attachment_1003732728" align="aligncenter" width="550"]Whirlwind Jack Magnetics Map Credit: Red Lake Gold Inc. Whirlwind Jack Magnetics Map Credit: Red Lake Gold Inc.[/caption] RED LAKE – Airborne survey results from Red Lake Gold’s 212-sq.-km Whirlwind Jack project suggest that the LP fault zone extends for at least 12 km westward onto the property from Great Bear Resources’ adjoining Dixie project. In the fall, Red Lake Gold completed a 2,045 line-km airborne survey on a 50-metre spacing which covered the eastern portion of Whirlwind Jack. “The results provide demonstration of the continuity of the LP fault structure extending on to Red Lake’s Whirlwind Jack gold project. The magnetic survey has also been successful in defining an exploration corridor within which the Red Lake Gold can focus exploration efforts during the upcoming year,” Ryan Kalt, the company’s CEO, said in the release. Based on the survey results, the company has traced a 1-km-wide prospective zone within this interpreted western extension of the LP fault. The LP fault structure traced at Whirlwind Jack is an east-west trending deformation zone hosted by a mafic-felsic volcanic sequence. Additional splays and offsets identified off of this fault suggest potential for fluid flow environments which could lead to future exploration targets. These results supplement more widely spaced government data; no additional airborne surveys have been completed on the central and western portions of the project. The magnetic low adjacent to the interpreted LP fault will be a focus of the company’s exploration efforts this year. Based on the low topography at the eastern portion of Whirlwind Jack, Red Lake Gold expects to be able to complete a soil sampling program on this section of the property. Red Lake Gold added 88 sq. km of ground to Whirlwind Jack in August, and started field exploration at the project in September. Also in September, the company appointed Toby Hughes, a professional geologist with over 35 years of experience in gold exploration as its vice-president of exploration. At Great Bear’s 91-sq.-km Dixie property, gold mineralization has been traced to date along a 4-km section of the 12-km long LP fault. For more information, visit www.RedLakeGold.ca.

Comments

Your email address will not be published. Required fields are marked *

Apr 08 2024 - Apr 09 2024
Apr 15 2024 - Apr 16 2024
Apr 16 2024 - Apr 16 2024
Apr 17 2024 - Apr 18 2024