Sassy Resources welcomes geochronology study on its Foremore project, which underscores its discovery potential
Sassy Resources Corporation (CSE:SASY) (OTCQB:SSYRF) (FRA:4E7) told investors that a geochronology study on its Foremore project in British Columbia’s Golden Triangle has underscored the property’s discovery potential and will inform the company’s upcoming follow-up drilling.
The study by Kevin Chamberlain at the University of Wyoming has put the so-called ‘mineralizing event’ at the Westmore target at the wholly-owned asset within the same geological timeline as other deposits in the district.
READ: Sassy Resources closes $2.2 million Gander Gold financing
“Results from this geochronology study underscore our belief in the discovery potential at Foremore, where our immediate priority will be follow-up drilling at the Westmore Discovery Zone, where in 2020, the first six diamond drill holes ever drilled at Westmore intersected multiple auriferous quartz veins and wide intervals of anomalous alteration at this exciting grassroots target,” said Mark Scott, Sassy CEO in a statement.
“Armed with the data gathered during the 2020 field season, we now understand the Westmore intrusion to be much larger than originally thought and we look forward to following up this year on the extensive high-grade gold identified at surface and the very encouraging 2020 preliminary drilling.”
The interpreted age of the Westmore intrusive has shown it was part of a major early Jurassic magmatic event that was also responsible for the epithermal gold mineralization seen at the following mines: Brucejack, Snip, Red Mountain and Spectrum, and the porphyry mineralization at the KSM project – one of the largest undeveloped gold deposits in the world measured by reserves.
Explorer Sassy Resources is advancing high-grade precious metal and base metal projects in North America.
Its current focus is the Foremore gold-silver project in the Eskay Camp, Liard Mining Division, in the heart of Northwest British Columbia’s prolific Golden Triangle.
Contact the author at [email protected]
Story by ProactiveInvestors
Source: http://www.proactiveinvestors.com/companies/news/952086/sassy-resources-welcomes-geochronology-study-on-its-foremore-project-which-underscores-its-discovery-potential-952086.html
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