- Smooth Rock (SOCK) has drilled 122 g/t Au over 1.1 m at its 100-per-cent owned Palmetto Gold Project in Nevada
- The drill hole in question returned 31.4 g/t Au over 6.5 m, including 44.3 g/t Au over 0.8 m, and 122.5 g/t Au over 1.1 m from a depth of 85 m overall
- The drill results align with Smooth Rock’s interpreted geological model
- Smooth Rock Ventures is focused on exploring and developing high-grade gold deposits in Nevada
- Smooth Rock (SOCK) is down by 10.53 per cent and is currently trading at $0.085 per share
Smooth Rock (SOCK) has drilled 122 g/t Au over 1.1 m at its 100-per-cent owned Palmetto Gold Project in Nevada.
The result stems from the company’s initial 2021 diamond drill program at the project.
The highlight thus far is drill hole SRV 21-01, which returned 31.4 g/t Au over 6.5 m, including 44.3 g/t Au over 0.8 m, and 122.5 g/t Au over 1.1 m from a depth of approximately 85 m overall.
Drill holes SRV 21-02 and 21-03 were collared and drilled on the down dip side of the mineralized zones, therefore they did not intersect the targeted high-grade feeder chutes.
Drill hole SRV 21-04 was drilled for geological information outside of the inferred resource area to examine the structural aspects of the rhyolite dome intrusive, which is potentially responsible for the emplacement of the gold mineralization.
The drill results align with Smooth Rock’s interpreted geological model.
The Palmetto Project consists of 116 unpatented mining claims totaling 2,217 acres. Newmont Gold, Phelps Dodge, Romarco Minerals and ML Gold have completed significant exploration work on the project.
Smooth Rock Ventures is focused on exploring and developing high-grade gold deposits in Nevada’s Walker Lane Shear Zone.
Smooth Rock (SOCK) is down by 10.53 per cent and is currently trading at $0.085 per share as of 9:34 am ET.
