Galleon Gold commenced drilling in June 2020 and by year-end had completed approximately 24,000 meters in 100 drill holes. Drilling continues in 2021. Assay results are available for download below and will be updated as they are announced.
The Company views exploration on the project as two separate programs:
- Exploration drilling focused on the new discovery Zone #9 for inclusion in PEA
- Infill drilling of known areas (East and West Pit) to support the resource update and PEA
Discovery of New High-Grade Zone (Zone #9)
Select Drill Highlights
- WC-20-30 intersected 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 intersected 5.87 g/t Au over 8.5 m, from 274.5 to 283 m including a sub-interval of 2.0 m at 10.1g/t Au
- WC-20-42 intersected 7.44 g/t Au over 10.7 m, including separate sub-intervals of 8.88 g/t Au over 3.0 m and 10.19 g/t Au over 2.9 m
- WC-20-81 intersected 8.68 g/t Au over 10.0 m, from 276 to 286 m including a sub-interval of 12.04 g/t Au over 2.0 m
- WC-20-80 intersected 8.25 g/t Au over 9.0 m, from 190 to 199 m including a sub-interval of 19.7 g/t Au over 1.0 m
- Why it’s 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, and 3) similar gold grades and widths. Interestingly, West Deep “discovery hole” TPW-10-30 intercepted 9.21 g/t Au over 11.0 meters (0.268 opt Au over 36 feet). A cross sectional view of WC-20-042 and how it relates to WC-20-030 and the West Deep area is shown in Figure below.
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 drill phase (Phase 2) beginning with hole WC-20-032 is ongoing and is designed to infill slightly deeper gold mineralization in both areas as the project moves towards the updated gold resource and Preliminary Economic Assessment (PEA) report. 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.