Read the Beforeitsnews.com story here. Advertise at Before It's News here.
Profile image
By ProactiveInvestors (Reporter)
Contributor profile | More stories
Story Views
Now:
Last hour:
Last 24 hours:
Total:

Evergold releases new set of high-grade gold and silver results from the Pyramid Peak area of Snoball project

% of readers think this story is Fact. Add your two cents.


Evergold Corp (CVE:EVER) has revealed new high-grade gold and silver results from a sampling program on the Pyramid Peak area of its Snoball property in British Columbia (BC).

Rock samples taken from the C Zone at Pyramid Peak included 23 grams per ton (g/t) gold and 309 g/t silver in one sample and 25.6 g/t gold and 750 g/t silver, while talus fines samples included 32.3 g/t gold and 53.8 g/t silver.

The Toronto-based firm also released assays from the final hole of its 2020 Snoball drill campaign, which returned a high-grade gold intercept of 18.4 g/t gold and 5.6 g/t silver over 1.6 metres.

WATCH: Evergold releases remaining drill results from Golden Lion as they prepare for a busy season in 2021 

Evergold said that the drill result reinforces the pattern of high-grade gold-silver intercepts that were established by initial drill results in 2020.

“The C Zone has really blossomed as a prospect with the additional sampling and prospecting work we carried out in September last year, following wrap-up of the Phase 1 drill program,” said Kevin Keough, Evergold’s CEO in a statement.

“It is a high-grade prospect hosting the style of gold and silver-enriched veining that established the early reputation of the Golden Triangle. The high, mountain-top elevation of the discovery suggests our early drilling may have just caught the top of the system.”

Evergold told shareholders that the latest results, now included in an updated model, suggests the C Zone is a broad, SW-NE trending, southwesterly-plunging epithermal-style vein system likely encompassing several variably oriented vein sets. The junior plans to drill holes to the southwest of the Apex pad, which is situated on top of the northeast portion of the C Zone, and perpendicular to the interpreted trend and plunge of the zone where rock and talus fines sampling suggest the tenor of the mineralized system may be increasing.

Keough noted that the company recently closed an $8 million financing, which will go towards further exploration on the early-stage discovery in the pending field season anticipated to start in July.

The CEO added that it will start work at its Golden Lion prospect, site of another large-scale gold-silver system.

Evergold also owns the past-producing Rockland gold-silver property in Nevada.

Contact Angela at [email protected]

Follow her on Twitter @AHarmantas

Story by ProactiveInvestors


Source: http://www.proactiveinvestors.com/companies/news/943236/evergold-releases-new-set-of-high-grade-gold-and-silver-results-from-the-pyramid-peak-area-of-snoball-project-943236.html


Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.


LION'S MANE PRODUCT


Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules


Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.



Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.


Report abuse

    Comments

    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    MOST RECENT
    Load more ...

    SignUp

    Login

    Newsletter

    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.