Evergold Plans Follow-up Drilling on 2021 Discovery of High-Grade Gold and Silver on the Golden Lion Property, Toodoggone Mining Camp, B.C. [Financial Post (Toronto, Ontario, Canada)]
Newmont Corporation (NEM)
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Source: Financial Post
TORONTO, May 09, 2022 (GLOBE NEWSWIRE) — Evergold Corp. (TSXV: EVER) (“ Evergold ” or the “ Company ”), is pleased to announce a Phase 1 drill program encompassing up to 2,100 metres, in follow-up to high-grade gold and silver intercepts delivered by the final 3 holes of the 2021 field season on the large GL1 Main Zone target, located on the Golden Lion property in the Toodoggone mining camp, north-central British Columbia, Canada. The 2021 drill results (see news, November 16, 2021), included the highest grades of gold and silver ever achieved in drilling at Golden Lion, including 31.7 g/t Au and 924 g/t Ag over 0.6 metres within 2.8 metres of 10.4 g/t Au and 651 g/t Ag, within 11.3 metres of 5.4 g/t Au and 62 g/t Ag in hole GL-21-025, and 3.3 metres of 11.30 g/t Au and 12 g/t Ag in hole GL-21-024. These high-grade intercepts were hosted within much broader envelopes of moderate-grade mineralization, including, for example, 40.3 metres of 2.0 g/t Au and 24 g/t Ag in hole GL-21-025.
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