- Clarity Gold Mobilizes Second Rig for Ongoing Drill Program in Québec
- The drill will be tasked with completing several holes designed to infill historic drilling
- The Destiny Project is located in the prolific Abitibi Greenstone Belt, where more than 190 million ounces of gold have been produced
- The first concerted diamond drilling campaign commenced in 1998
- Clarity Gold Corp. (CLAR) is down 9.09 per cent and is trading at C$1.60 at 1:35 pm ET
Clarity Gold Corp (CLAR) has mobilized a second drill rig to the Destiny Project in the Abitibi Greenstone Belt.
The rig will commence operations at the GAP Zone, a coarsely drilled zone along strike and east of the DAC Zone.
The drill will be tasked with completing several holes designed to infill historical drilling and test the GAP Zone at depth.
Salient results from the previous drilling in the GAP Zone include 16.1 g/t Au over 6 m from 85.5 m, including 90.3 g/t Au over 1 m.
“We are very excited to bring a second drill rig into our ongoing program,” said James Rogers, CEO of Clarity.
“As exploration progresses, the addition of the second drill rig will increase efficiency, allowing the company to complete the planned program more rapidly,” added Rogers.
Drilling results include: 167 g/t Au over 1 m (from 221.7 m), 6.15 g/t Au over 23.6 m (from 117.2 m), 19.49 g/t Au over 2.7 m (from 166.0 m).
The Destiny Project is located in the prolific Abitibi Greenstone Belt.
More than 190 million ounces of gold have been produced historically, along with major structural breaks within the assemblage of Archean-age volcanic, sedimentary and intrusive rocks.
The Destiny Project lies along the approximately 400 km long Chicobi Deformation Zone, a major structural break underexplored in the Abitibi Greenstone Belt.
The 5,013 ha project includes the DAC Zone, one of several gold zones along an approximately 6 km long segment of the Despinassy Shear Zone within the Chicobi Deformation Zone.
Approximately 2.5 km east along strike of the DAC Zone is the Darla Zone. In between the Darla and DAC is the coarsely drilled GAP zone where 2012 drilling intercepted anomalous gold in all 12 holes spaced 100 m apart.
The current exploration potential is based on decades of past work on the Destiny Project. Exploration of the Destiny Project dates back to the 1930s.
The first concerted diamond drilling campaign commenced in 1998.
Clarity Gold Corp. is a Canadian mineral exploration company focused on the acquisition, exploration and development of gold projects in Canada.
It has entered into an option agreement to purchase 100 per cent of the Destiny Project, Clarity’s flagship asset, a gold-focused project in the mineral-rich Abitibi region in Québec.
Clarity Gold Corp. (CLAR) is down 9.09 per cent and is trading at C$1.60 at 1:35 pm ET.