- Cortus Metals (CRTS) is releasing geochemical results of an Ionic Leach soil survey at its Roberts Creek Project
- Combined results have outlined several extensive zones anomalous in gold and Carlin-type pathfinder elements
- The Roberts Creek Project comprises 1,300 hectares in the Gold Bar district of the Battle Mountain-Eureka Trend in Southern Nevada
- The project is at the drill-ready stage within the targeting matrix and available for acquisition, option, or joint venture
- Cortus Metals is down 3.57 per cent, trading at $0.14 at 12:40 pm ET
Cortus Metals (CRTS) is releasing geochemical results of an Ionic Leach soil survey at its Roberts Creek Project.
The combined results have outlined several extensive zones anomalous in gold and Carlin-type pathfinder elements.
An anomalous gold zone coincides with projected fault structures, emphasizing the relationship between the Gold Bar deposits and Roberts Creek Project.
The 23 line-kilometre survey added 201 samples collected at 120-metre intervals with 300-metre line spacing to extend the existing soil sample grid to a collective total of 558 samples covering the entire property.
The Roberts Creek Project comprises 1,300 hectares in the highly prospective Gold Bar district of the Battle Mountain-Eureka Trend in Southern Nevada.
The project is situated along strike from McEwan’s Gold Bar deposits, which reported a measured and indicated resource of 499,000 ounces of gold and a reserve of 302,000 ounces of gold in 2020.
The Roberts Creek Project is at the drill-ready stage within the company’s targeting matrix and is available for acquisition, option, or joint venture.
“The 2021 soil geochemistry assay results overlaying the 2020 high-resolution ground magnetic survey indicate favorable structural, stratigraphic, and geochemical relationships. ALS Global’s Ionic Leach technique provides exceptionally low detection limits providing better background levels for key elements in the soils and is a cutting-edge tool for identifying mineralization and associated alteration through cover. There is a defined contrast between higher gold values in projected fault zones and lower gold values in the background alluvium, giving a strong indication that these structures are mineralized at depth,” said Cortus CEO Sean Mager.
Edmonton-based Cortus Metals is part of the Metals Group of Companies. The company has a portfolio of highly prospective early-stage projects in Nevada and an innovative project accelerator strategy to advance them to fruition.
Cortus Metals is down 3.57 per cent, trading at $0.14 at 12:40 pm ET.
