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Be the first with the news that moves the market- A new gold discovery has been made by Sassy Gold (SASY) on its Foremore project in British Columbia within a recently defined high-grade vein
- This vein is 20 metres north of the 4Amigos area on the Westmore gold discovery
- Drill hole WM22-033 found the new gold discovery vein with values as high as 74.6 grams of gold per tonne over 0.35 metres
- This mineralization was also found close to the surface, with numerous flecks of visible gold reported
- Sassy Gold (SASY) is up 8.70 per cent, trading at $0.12 per share as of 2:54 p.m. EST
A new gold discovery has been made by Sassy Gold (SASY) on its Foremore project in British Columbia within a recently defined high-grade vein.
According to the company, the vein is 20 metres north of the 4Amigos area on the Westmore gold discovery. Nearly every single hole drilled during the company’s 2022 Westmore program intersected gold mineralization.
During the program, drill hole WM22-033 found the new gold discovery vein with values as high as 74.6 grams of gold per tonne over 0.35 metres. This mineralization was also found close to the surface, with numerous flecks of visible gold reported.
Additionally, drilling also intersected a quartz system that defined the south cliff of Westmore with more high-grade gold intercepts. As a result, SASY has developed a new vein corridor called the South Cliff vein corridor
The company believes that the gold mineralization found at Westmore may continue south of the southern cliff exposure and possibly deep under the More Creek Glacier to the south and east.
Mark Scott, President and CEO of SASY, commented,
“Extensive surface mineralization has now been traced to a depth of nearly 500 metres in drill core after a successful program in 2022, with over two dozen veins now identified, yet the source of this mineralization remains unknown.”
Sassy Gold (SASY) is up 8.70 per cent, trading at $0.12 per share as of 2:54 p.m. EST.
