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Richardson report: follow intriguing gold finds

 

Last updated 1/15/2017 at Noon



Northern Empire Resources Corp. Jan. 6 filed a technical report that details recent exploration at the company's Richardson gold project and outlines recommendations for future work at the Interior Alaska property.

Roughly 25 miles (40 kilometers) northwest of Delta Junction, Richardson hosts multiple gold targets - Democrat Pit, Shamrock and Northwest Camp.

During a summer 2016 program, Northern Empire completed 277 line-kilometers of ground magnetic geophysical surveys and trenching on the property.

"On a modest budget, our 2016 program made significant progress on the project in the form of discovering new, and expanding known, geochemical and geophysical anomalies, as well returning significant gold assays from rock and chip samples.

Assays from rock chip channel samples collected in continuous one-meter intervals across 130 meters returned high grade gold in bedrock, including 5.73 grams per metric ton gold over 32 meters.

The structures hosting this gold mineralization are traceable with geophysics for several kilometers," explained Northern Empire President and CEO Michael Allen.

Authors of the technical report recommend a roughly C$1 million program that includes further trenching at Democrat Pit, which is where the 32 meters of 5.73 g/t gold was encountered.

Current interpretations suggest two possible orientations for gold bearing structures and the technical report recommends testing both with trenching.

The report also recommends a drill program to follow trenching.

Follow-up on intriguing gold values from historical trenching in the Shamrock area was also recommended by R. Bob Singh, Curt Freeman and William Cronk, the geologists that authored the technical report. "We look forward to an exciting 2017," added Allen.

A copy of the technical report can be found on Northern Empire's website.

 

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