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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Outcrop Silver & Gold Corporation | TG:MRG | Tradegate | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.1595 | 0.1595 | 0.1595 | 0.00 | 00:00:00 |
From Feb 2020 to Feb 2025
Miranda Gold Corp. (“Miranda”) (TSX-V: MAD) is pleased to announce its exploration funding partner at Red Canyon, Montezuma Mines Inc. ("Montezuma"), a wholly owned subsidiary of CMQ Resources Inc. (TSX-V:NV), has received all assays from its 2012 drill program completed in early December. Montezuma tested three target areas with a total of six reverse circulation (RC) drill holes totaling 7,435 feet (2,266 m). Montezuma is encouraged that all its 2012 drill holes intersected anomalous gold associated with altered rock and plans to resume drilling during the 2013 field season.
Montezuma’s drilling tested the following targets:
Ice: Vertical holes MR12-01 and -02 were collared about 310 ft and 425 ft, respectively, southeast of MR10-01 which intersected 20 ft (6.1 m) of 0.086 oz Au/ton (2.955 gm Au/t). Both holes intersected anomalous gold greater than 0.02 g Au/t.
The Hole: This previously undrilled target derives from a strong resistivity low with approximate plan dimensions of 2,000 x 2,600 ft (610 x 790 m). Montezuma interpreted the resistivity low as permissive for decalcified and clay-altered rock possibly associated with gold mineralization. One vertical hole (MR12-03) and two angle holes (MR12-04, west-directed, and MR12-05, east-directed) were drilled from the same pad within the resistivity low. All three holes intersected strongly clay-altered and hematite-stained rock with anomalous gold intercepts averaging over 0.02 g Au/t.
Wall: At Wall rock chip samples with up to 0.070 oz Au/ton (2.4 g Au/t) coincide with a geophysically inferred fault-bounded horst block that extends 5,000 ft (1,500 m) from Wall northwest through the Ice target area. Vertical hole MR12-06, which was collared on the west side of the horst block, was terminated at 695 ft (211.8 m) without having intersected the horst-bounding fault or the favorable lower-plate (of the Roberts Mountains Thrust), carbonate-host stratigraphy. MR12-06 intersected three zones with anomalous gold greater than 0.02 g Au/t.
The following table contains all gold intercepts greater than 10 ft (3 m) thick that average over 0.02 g Au/t.
Hole ID
Interval Length Interval Length Grade (ft) (ft) (m) (m) (g/t) Au Ice MR12-01 350-360 10 106.7-109.7 3 0.028 MR12-02 340-350 10 103.6-106.7 3 0.026 The Hole MR12-03 150-165 15 45.7-50.3 4.6 0.106 355-370 15 108.2-112.8 4.6 0.056 MR12-04 490-510 20 149.4-155.4 6.1 0.022 605-625 20 184.4-190.5 6.1 0.024 645-665 20 196.6-202.7 6.1 0.065 685-700 15 208.8-213.4 4.6 0.115 MR12-05 450-490 40 137.2-149.4 12.2 0.040 Wall MR12-06 225-235 10 68.6-71.6 3 0.021 340-350 10 103.6-106.7 3 0.040 495-505 10 150.9-153.9 3 0.023Original data are in feet and ppm (g Au/t). Some averagesinclude an internal interval
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