Creso Exploration has proclaimed the results of eight drill holes, 1393 m in total, from the Matona, Tyrrell, Porphyry Lake and Hare Lake options at the Shining Tree district.
Location of drill holes at Matona, Hare Lake, and Porphyry Lake, Shining Tree District, Ontario
The company has cut 33.1 g/t gold over 1.5 m in the drill hole HR11-01 on the Hare Lake option.
This high-grade intercept appears to exist along a N10W formation, which is at the intersection and a N60E formation and it may indicate a wider mineralization zone at depth. This intercept occurs along with several other analogous and high-grade, separated gold occurrence exists all through the Shining Tree district and it will need a current geologic appraisal to identify the exact prospective of this district.
Subsequent to the evaluation of the Matona mineralization results, Creso has determined not to extend the option agreement with the holder of the underlying property and has given the property back.
Creso keeps obtaining and evaluating the channel sampling results from the West Shining Tree region and is assessing the potential of the upcoming additional drill program in that region, mainly in the Churchill-Gold Corona-Pet vein zone,which is covered by a joint venture with Platinex . The company is also planning for further drilling at the Minto and Tyranite zones in the eastern section of the Shining Tree district.
ALS Group Laboratories tested all the samples for gold and other elements using standard industry methods, which contains fire assay-AAS finish along with follow-up gold analyses.