Winston Gold Mining Corp. [WGC-CSE; WGMCF-OTCQB] has received five additional assay results from its Phase 1 drilling campaign on its 100%-owned Winston gold project near Helena, Montana. The Winston property hosts two past-producing gold mines; the Custer and the Edna.
- Hole W1633 intersected 44.57 g/t gold (1.3 oz/ton) over 2.3 ft. (0.70 metres).
- Hole W1634 intersected 69.87 g/t gold (2.038 opt) over 1 ft. (0.30 metres).
- Hole W1635 intersected 23.93 g/t gold (0.698 opt) gold over 4.8 ft. (1.22 metres).
“Five drill holes were collared on two drill pads situated 100 and 200 feet west of the historic Edna Mine,” said Murray Nye, CEO. “These holes were designed to confirm historic drill results and further define the Edna Vein Trend system which we believe extends at least 800 ft. (243 metres) west of the old Edna Mine.”
Three holes were collared on drill pad #10 located 100 feet (30 metres) west of the old Edna Mine. All three holes were drilled due south (180 degrees) to intersect northerly dipping veins.
Hole W1633 was drilled at a -45 degree angle and intersected 2.3 feet (0.70 m) averaging 44.57 g/t gold (1.3 opt) starting 196.7 feet (59.95 m) down-hole. This was followed by a 5-foot (1.52 m) interval averaging 4.22 g/t gold (0.123 opt) starting 351 feet (106.98 m) down-hole.
Hole W1634 drilled under hole W1633 at a -60 degree angle and intersected 1 foot (0.30 m) averaging 69.87 g/t gold (2.038 opt) starting 188 feet (57.30 m) down-hole.
Hole W1635 was drilled under hole W1634 at a -72 degree angle and intersected 1 foot (0.30 m) averaging 17.93 g/t gold (0.523 opt) starting 174 feet (53.03 m) down-hole. This was followed by a 2-foot (0.61 m) interval averaging 7.75 g/t gold (0.226 opt) starting at 272 feet (82.90 m) down-hole and a 4.8-foot (1.46 m) interval averaging 10.39 g/t gold (0.303 opt) starting at 307.2 feet (93.63 m) down-hole.
Two holes were collared on drill pad #9, located 100 feet (30 m) west of drill pad 10. Both holes were drilled due south (180 degrees).
Hole W1645 was drilled at an angle of -50 degrees and intersected 4 feet (1.22 m) averaging 23.93 g/t gold (0.698 opt) starting at a down-hole depth of 68 feet (20.72 m). Additional assays are pending for this hole.
Hole W1644 was drilled at a -72 degree angle and drilled under hole W1645. It intersected 1.5 feet (0.46 m) of 4.52 g/t gold (0.132 opt) starting at 165.5 feet (50.44 m) down-hole. This was followed by a 2-foot (0.61 m) interval averaging 5.42 g/t gold (0.158 opt) starting 382 feet (116.43 m) down-hole.
“These recent intercepts prove there are several veins in this area, including a steeply-dipping vein that has the potential to meet our goal of outlining a structure that will average about 17 g/t gold (0.5 opt) over a 4 feet (1.2 m) mining width,” stated Nye. “The Historic Edna Mine produced ore from both flat veins (20 degree dip) and steep veins (60 degree dip). We believe we are seeing the extension of these vein systems to the west as well as some near vertical mineralized fault zones.”
True width of the vein intersections has been difficult to determine since there are numerous sets of veins in close proximity to one another. Many of these veins are associated with fault breccia and fault gouge and it is not possible to determine a proper core angle.
Based on what Winston geologists have seen underground in the historic Edna adit, there are possibly three sets of mineralized vein structures in the Edna Trend. All of them seem to dip to the north; one at -20 degrees, one at -60 degrees and the last at -80 degrees. More extensive underground exploration will be required to determine which veins will be the most productive.
The company’s Phase 1 program is designed to drill about 4,800 feet (1,463 m) over 15-to-20 holes using two drill rigs. These holes will target potential high-grade mineralization in the historic past-producing Custer Vein as well as along the Edna Vein Trend. The company has released results for seven holes to date. Assays are still pending for additional holes. Refer to press release of November 15, 2016 for previously announced results.