2020-2021 Drill Program Results

2020 - 2021 Assays

Galleon Gold’s 2020-2021 drill program consisted of 46,000 meters of drilling in 213 drill holes. Exploration on the project divided into three separate phases:

  1. Infill drilling of known areas (East and West Pit) to support the resource update and PEA and extend margins of mineralization
  2. Exploration drilling focused on the new discovery Zone #9 for inclusion in PEA
  3. Exploration drilling focused on the new discovery South Area 

Discovery of New High-Grade Zone (Zone #9) - select drill highlights

  • WC-20-30: 7.16 g/t Au over 9.7 m including sub-interval of 14.75 g/t Au over 3.0 m
  • WC-20-31: 5.87 g/t Au over 8.5 m including  a sub-interval of 2.0 m at 10.1g/t Au
  • WC-20-42: 7.44 g/t Au over 10.7 m including a sub-interval of 10.19 g/t Au over 2.9 m  
  • WC-20-81: 8.68 g/t Au over 10.0 m including a sub-interval of 12.04 g/t Au over 2.0 m
  • WC-20-80: 8.25 g/t Au over 9.0 m including a sub-interval of 19.7 g/t Au over 1.0 m  

Why Zone #9  is significant:

The location and orientation of Shear Zone #9 up-dip from the West Deep area discovered in 2010, suggests that the recently discovered Zone #9 mineralization may be linked to the West Deep.  Geologic similarities linking the new discovery to the much deeper West Deep zone, include:

  1.  host rock lithology 
  2.  a strong sulfide association  
  3.  similar gold grades and widths

 

 

INFILL DRILL PROGRAM

The Phase 1 infill drill program was designed to provide better definition and confirm geological continuity of mineralized gold zones in contemplated open pit and underground areas.  These areas were previously identified during the West Cache resource study (2013 Technical Report) and are currently referred to as the East and West Areas. A second part of the infill drill phase  beginning with hole WC-20-032 was designed to infill slightly deeper gold mineralization in both areas. Initial 2020 drill data compilation and study suggests that the East Area has nearly twice the number and volume of mineralized shears defined by intervals exceeding 0.50 g/t Au relative to the West Area, although average grades appear to be significantly higher in the West Area.  This difference may be a function of host rock composition, but more study is needed.