Headwater Gold Announces New Blind Epithermal Gold Discovery at Spring Peak, Nevada and Triples Size of Land Position [Financial Post (Toronto, Ontario, Canada)]
Hecla Mining Company (HL)
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Source: Financial Post
VANCOUVER, British Columbia, Nov. 22, 2021 (GLOBE NEWSWIRE) — Headwater Gold Inc. (CSE: HWG) (OTCQB: HWAUF) (the “Company” or “Headwater”) is pleased to report results from five reverse circulation (“RC”) drill holes completed on its first-pass drill program at its Spring Peak Project, located in Nevada, USA, immediately adjacent to the past producing high-grade Aurora gold mine owned by Hecla Mining Company (“Hecla”). Highlights Sneak peek: Best Buy pre-Black Friday deals New blind gold discovery made with drill hole SP21-03 which intersected 38.1 metres (“m”) grading 1.00 grams per tonne (“g/t”) gold including 9.2 m grading 2.49 g/t gold; Four of five holes encountered significant intervals of gold mineralization beginning approximately 100 metres depth below surface; Drill results validate Headwater's exploration model, confirming the presence of a laterally continuous gold-bearing epithermal boiling zone below a cap of silica sinter and barren alteration occurring on su
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