Resolution Minerals identifies new Alaska gold system
January 18, 2021
Resolution Minerals has discovered an extensive outcropping gold system it calls the Sunrise prospect at its 64North project.
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The new system, named Sunrise, returned 93m at 0.29 grams per tonne gold from surface trenching.
The company said that, typically, a 0.1g/t cut-off grade is used for large Alaskan projects.
Sunrise is adjacent to the Aurora prospect, where drilling intercepted multiple quartz veins but with no significant gold mineralisation found.
Resolution will begin shallow percussion rotary air blast (RAB) drilling at Sunrise in March. The work is fully permitted.
The 64North project surrounds the Pogo mine, owned by Northern Star Resources (ASX: NST) which has so far produced 4 million ounces of gold at an average grade of 13.6g/t. Pogo has a total endowment of 10Moz of gold and is currently producing at a rate of 300,000 ounces per annum.
Resolution Minerals Ltd (ASX:RML) New Claims Added - East Pogo, 64North Project, Alaska
New Claims Added - East Pogo, 64North ProjectPerth, Dec 14, 2020 AEST (ABN Newswire) - Resolution Minerals Ltd (
ASX:RML) has added nineteen (19) new State of Alaska Mining Claims (12km2) expanding the footprint of the East Pogo Block, 64North Project on the eastern edge.
Summary
- The intensive 2020 exploration work on the East Pogo Block has identified targets along-strike from historic (35g/t Au) high-grade gold drill intercepts at the Boundary Prospect and additional large scale, high priority targets to the south and south-west.
- An initial 2,000m program of shallow Pogo-style drill targets (50-150m) has been defined based on surface and airborne geophysical survey results, surface mapping and geochemistry.
Resolution Minerals Ltd (ASX:RML) Operations Update 64North Project, Alaska
Operations Update 64North Project, AlaskaPerth, Dec 14, 2020 AEST (ABN Newswire) - Resolution Minerals Ltd (
ASX:RML) announce that the drilling of Holes #8 and #9 has been completed at the Central Zone of the Aurora Prospect adjacent to the world-class, high-grade Pogo Gold Mine (
Summary
- Drilling targeted the extensions of the shallow dipping Pogo-style 7m thick quartz vein intersected on hole #7 (20AU07) drilling pierce points up-dip and along-strike with step-outs of 100m and 200m
- Zones of quartz veining and intense alteration were intersected in both holes with zones of interest from Hole #8 (228-230m, 309-310m, 477-478m & 567-571m) and Hole #9 (112-114m & 212-213m)
Previous exploration had identified high grade gold-bearing quartz veins at the Boundary target.
Airborne ZTEM, ground based CSAMT surveys, mapping, prospecting, and geochemical sampling was completed at the Boundary target on the East Pogo block; a strong target for planned 2021 drilling was delineated.
The claim block was extended eastward to cover interesting geophysical features.
Eagle Block:
Prior exploration by others had identified intrusion-hosted disseminated gold mineralization; there is demonstrated potential for deposits of similar nature to the Fort Knox Mine located near Fairbanks, Alaska.
High resolution airborne magnetic surveys were carried out and used to develop exploration plans.
A 22-kilometer access trail was constructed leading south from the Pogo Mine road.
Resolution Minerals Ltd (ASX:RML) New Copper Project Acquired - Northern Territory
New Copper Project Acquired - Northern TerritoryAdelaide, Dec 15, 2020 AEST (ABN Newswire) - Resolution Minerals Ltd (
ASX:RML) is pleased to announce that it has signed a binding term sheet with Strategic Energy Resources Ltd (
ASX:SER) (Vendors) as an Option to Purchase a 100% interest in EL32228 which covers approximately 663km2 in the NT on Benmara Station (Tenement). Upon completion, Resolution will hold a 100% unencumbered interest in the Tenement.
Binding term sheet to acquire 100% of Benmara Project covering 663km2 along-strike from the Walford Creek Cu-Ag-Pb-Zn-Co and Westmoreland U Deposits on the Fish River Fault