Rye Patch Reports Drilling Starts At Lincoln Hill
VANCOUVER, BC - Rye Patch Gold Corp. reported the commencement of drilling operations at its 100% controlled Lincoln Hill project located in Pershing County, Nevada.
HIGHLIGHTS: A 5,000 meter drill program directed at the Independence Hill and Roosevelt targets has commenced; Independence Hill contains four high-grade gold and silver structural corridors with gold and silver values up to 37.5 g/t Au and 2,070.0 g/t Ag, 22.87 g/t Au and 9.7 g/t Ag, 1.62 g/t Au and 568.0 g/t Ag; and the Roosevelt target returned high-grade gold and silver values including 34.79 g/t Au and 779 g/t Ag, 14 g/t Au and 183 g/t Ag, 97.92 g/t Au and 1527 g/t Ag and 97.5 g/t Au and 1303 g/t Ag.
As reported previously, samples collected from heavily altered and mineralized outcrop exposures at the Alexander Hamilton, Buck&Charlie, Looney, Hill Top, and Octopus historic mines confirm four separate high-grade corridors crossing Independence Hill which could extend the Lincoln Hill gold and silver mineralization southward for an additional 1,300 meters.
The Hill Top-Looney and Buck&Charlie mines represent two parallel trends extending south of the Lincoln Hill resource. Near the Buck&Charlie mine, a rock-chip sample returned 37.5 g/t Au and 2,070.0 g/t Ag from a breccia outcrop. The outcropping breccia has been mapped for 380 meters along a southwest to northeast trend.
The second trend contains the Hill Top and Looney mines with high-grade gold and silver sampled along 1.3 kilometers. The Hill Top mine consists of several historic workings following a quartz stockwork zone with outcroppings over 300 meters in a northwest-southeast orientation. The Hill Top mine returned significant lead and zinc values with lead ranging between 36 ppm to 51,100 ppm, and zinc ranging between 10 ppm to 4,694 ppm from rock-chip channel samples. At the Looney mine, a rock-chip grab sample returned 22.87 g/t Au and 9.7 g/t Ag from quartz vein material. Surface exposures in the old workings and shafts indicate the zone is at least 400 meters long.
A third zone associated with the Octopus mine retuned several samples with significant gold and silver along 160 meter exposure. Assay values reported include 1.62 g/t Au and 568.0 g/t Ag; 1.11 g/t Au and 77.6 g/t Ag; 0.05 g/t Au and 497 g/t Ag; and 0.69g/t Au and 240.0 g/t Ag from rock-chip grab samples. The historic workings follow a northwest oriented breccia zone.
The Alexander Hamilton mine, the fourth corridor, is located 800 meters east of the Buck&Charlie mine and consists of a northeast oriented open-space breccia and quartz stockwork zone oriented to the northeast.
The Roosevelt target is located 500 meters southeast of the Lincoln Hill resource. Historic mines and prospects dotting the hillside are within a silicified rhyolite overlying intensely oxidized andesite. Grab rock-chip samples returned high-grade gold and silver values up to 34.79 g/t Au and 779 g/t Ag, 14 g/t Au and 183 g/t Ag, 97.92 g/t Au and 1527 g/t Ag and 97.5 g/t Au and 1303 g/t Ag along the rhyolite/andesite contact. A low-grade gold halo in the surrounding altered rhyolite returned gold values ranging from 0.11 g/t gold to 2.77g/t gold. The south end of the anomaly is covered by thick colluvium.
The Lincoln Hill drill program will focus on Independence Hill and Roosevelt targets. The average depth of the drillholes will be 150 meters, and a 5,000 meters is planned or approximately 30 drillholes.