New Jersey Mining Company Continues To Expand Mineralization (Including 0 94 Meters of 28 7 GPT Gold) in Joe Dandy Shoot finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
New Jersey Mining Company is pleased to announce additional high-grade results from its core drilling program at the Golden Chest. These gold intercepts come from the recent 2020-2021 exploration. | May 24, 2021
New Jersey Mining Company Drills Double Gold Veins in Paymaster Shoot
ACCESSWIRE
24 May 2021, 23:05 GMT+10
COEUR D ALENE, ID / ACCESSWIRE / May 24, 2021 / New Jersey Mining Company (OTCQB:NJMC) ( NJMC or the Company ) is pleased to announce additional high-grade results from its core drilling program at the Golden Chest. These gold intercepts come from the recent 2020-2021 exploration drilling program in the Paymaster Shoot ( Paymaster ). All reported intervals are the true thickness of the vein. This drill program is designed to further delineate the Paymaster as well as pull together the known Paymaster and Skookum (location of current production) ore shoot boundaries.
GC 21-187 intercepted 1.8 meters of 10.9 gpt gold (including 0.6 meters of 29.2 gpt gold) in the upper vein and 2.1 meters of 4.2 gpt gold (including 1.2 meters of 7.2 gpt gold) in the lower vein.
New Jersey Mining Company Drills Double Gold Veins in Paymaster Shoot saltlakecitysun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from saltlakecitysun.com Daily Mail and Mail on Sunday newspapers.
New Jersey Mining Company Evaluates Potential for 20,000 Oz/Year Gold Production at Golden Chest Mine & Possible Spin-out of Rare Earths Subsidiary to its Shareholders
Six identified ore shoots - Katie Dora, Klondike, Skookum, Golden Chest, Paymaster and Joe Dandy.
2020/2021 drill program is testing down-dip extensions of the six recognized ore shoots. Focused on preliminary production/mine-life potential of each individual ore shoot.
Drill program began with high-grade intercept of 0.2 meters of 74.6 grams per tonne gold (gpt), true thickness, in the Katie Dora.
In the Paymaster, a significant additional vein assaying 104 gpt gold over 0.4 meters was encountered in hole GC 21-184. This intercept is located 47 meters above the Idaho Fault.