1911 Gold Drilling Confirms Extensions of Gold Zones at Historical Central Manitoba Gold Mine [Yahoo! Finance]
Palomar Holdings, Inc. - Common stock (PLMR)
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Source: Yahoo! Finance
from the Fall 2022 diamond drill program on its Rice Lake Gold Property in Manitoba as well as provide an update on the True North mine complex mineral resource estimate review. The 2022 drill program primarily focused on the historical Central Manitoba gold mine, located approximately 25 kilometres ("km") southeast of the True North mill and mine complex, testing the extensions of known gold mineralization. Highlights: Central Manitoba Drill results confirmed the extensions of gold mineralized structures over 400 m of strike length on the Wentworth vein corridor and over 270 m of strike length on the Hope-Roger vein corridor. Drill hole CM-22-010 intersected 2.75 metres ("m") of 2.27 grammes per tonne ("g/t") gold ("Au") at a down hole depth of 31.10 m , including 0.55 m of 10.10 g/t Au, as a 125 m step-out to the southeast of historical drillholes, Drill hole CM-22-009 intersected 1.25 m of 3.28 g/t Au at a down hole depth of 122.25 m , including 0.55 m of 7.23 g/t Au, alo
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