Aurora vein did not host Pogo-like gold
Partners will seek higher grades with 64North winter drilling North of 60 Mining News – October 2, 2020
Last updated 10/1/2020 at 4:07pm
Resolution Minerals Ltd. and Millrock Resources Inc. Sept. 28 said they are disappointed but not discouraged by the weakly anomalous gold encountered in a 22-meter zone of veining in hole 20AU07 drilled into the Aurora target on the 64North project in Alaska's Goodpaster Mining District.
The Aurora target at 64North is immediately west of the Goodpaster discovery on Northern Star Resources Ltd.'s high-grade Pogo gold mine property.
In mid-September, Resolution reported that hole 20AU07 cut a seven-meter-thick zone of shallow-dipping quartz veining at Aurora and directly along strike from the Goodpaster deposit to the east.
Starting at a drill depth of 488 meters downhole, this vein was within a 22-meter-thick zone of intense sulfides, alteration, and quartz veining.
The assays from this altered zone returned weakly anomalous gold values.
"We had high hopes for the seven-meter thick quartz vein interval intersected in hole 20AU07 and these results are disappointing," said Millrock Resources President and CEO Gregory Beischer. "However, it is not unusual for gold concentration to change dramatically within a few tens of meters in vein-hosted systems such as these. Drilling the intersected vein in nearby locations could result in the gold discovery we seek."
Resolution, which is funding the drilling and exploration at 64North, firmly believes further drilling in the central zone is warranted.
"The geology team is encouraged by the presence of the seven-meter-thick quartz vein at hole No. 7 and it is important to drill more holes into this immediate area to test for grade variation, lateral extents of the vein, and possible stacked vein sets nearby," said Resolution Minerals Managing Director Duncan Chessell.
Toward these objectives, the Australia-based explorer plans to drill two holes in the central area of Aurora when drilling resumes at 64North in November.
The company said no gold was encountered in two scout holes drilled in the Echo (hole 20EC05) and Refection (hole 20EC06) prospects north of Aurora.