Kesselrun Resources Ltd. [KES-TSXV; KSSRF-OTCQB] reported further drilling results on its 100%-owned Huronian gold project, Ontario. Drilling on the McKellar Zone continues to intercept high-grade gold within wide intervals of mineralization.
Highlights included drill hole 22HUR170 that intercepted 14.4 g/t gold over 11.6 metres, including 184.0 g/t gold over 0.8 metres within a 124.0-metre interval which averaged 1.8 g/t gold. 22HUR151 intercepted 16.4 g/t gold over 1.0 metre within an 11.1-metre interval which averaged 1.7 g/t gold.
22HUR153 intercepted 9.9 g/t gold over 1.2 metres within a 15.5-mietre interval which averaged 1.1 g/t gold which included 1.7 metres of open workings which were assigned zero grade.
Michael Thompson, P.Geo., President and CEO, commented, “The 2022 drill program has been designed to expand zone footprints as well as infill drill identified areas of gold mineralization. Specifically, the drill holes reported here were part of the program designed to infill gaps of up to 100 metres in the heart of the McKellar zone. Infill drilling on the McKellar zone continues to impress with multiple high-grade veins within a much wider zone. These blowouts are common in all the zones on Huronian and are exemplified by local fold and fault thickening.”
The 2022 Huronian exploration program consists of drilling as well as geophysics over selected target areas. Drilling will be targeting the Fisher, Fisher North, McKellar and Huronian zones, all in close proximity along an approximate 1,500-metre strike length in the area of the historic Huronian Mine. As well, the geology on strike to the southwest of the Goldshore Resources Moss Lake deposit will be targeted. Drilling has been paused for the remainder of the season with approximately 13,000 metres completed this year. This will allow the remainder of the numerous outstanding assays to be received, compiled and interpreted enabling more effective drill targeting when drilling recommences.
The Huronian Gold Project hosts the past-producing Huronian Mine, northwestern Ontario’s first gold mine with an historic resource estimate of 44,592 oz gold averaging 15.3 g/t gold in the indicated category and 501,377 oz gold averaging 14.4 g/t gold in the inferred category. The resource estimate presented for the Huronian Project is historic in nature.