Phase I Drill Program At Garden Gate Pass Project
VANCOUVER, BC - Rye Patch Gold Corp. reported results of the completed Phase 1 drill program at the 100% controlled Garden Gate Pass Project (GGP).
Rye Patch Gold's drill campaign tested two target areas within the pediment gravel covered GGP property. The targets tested are seven kilometres apart. On the west side of the project, drilling on the Western area tested the southern projection of Barrick's Cortez Hills deposit, located 12 kilometres to the north of the GGP project. Drilling on the east side, Eastern target, tested the strike projection of Barrick's new gold discoveries, Red Hill and Goldrush along the western margin of a deep structural zone adjacent to the Northern Nevada Rift. The Goldrush deposit is located 3 kilometres north of the GGP project.
Drilling in the western area consisted of three holes on two sites (GGR-001, GGR-004 and GGR-005). After drilling through very badly broken Upper Plate cherts, the drilling encountered siltstones of the Lower Plate Horse Canyon Formation with intensely altered felsic dikes. In GGR-004, assay results returned anomalous gold, arsenic and antimony mineralization associated with the intensely argillized felsic dikes. GGR-001 and GGR-004 were terminated early because of difficult ground conditions, and did not reach their design target depth.
The presence of Lower Plate stratigraphy, altered felsic dikes, and Carlin-style alteration with anomalous gold and pathfinder mineralization, is extremely encouraging. One area that will receive follow-up drilling is located south-southeast of drillholes GGR-001 and GGR-004, near the center of a gravity low thought to be due to alteration. Core drilling will commence in spring to follow up on the positive results.
Three drillholes were completed in the Eastern zone - GGR-002, GGR-003 and GGR-006. All drillholes intersected Lower Plate lithologies consisting of siltstones and carbonates of the Devonian Horse Canyon Formation and the underlying Wenban Formation - the host rocks at Barrick's Cortez Hills, Red Hill and Goldrush gold deposits. The presence of these two ore hosts beneath the pediment-covered property is extremely encouraging. The drilling intersected several altered and dike zones that returned anomalous gold, arsenic, and antimony in the Lower Plate lithologies.
In respect of the Lincoln Hill, Wilco, and Jessup projects, Rye Patch Gold's resource inventory along the Oreana trend now totals 1,182,780 ounces of gold and gold equivalent in the measured and indicated category plus 2,727,100 ounces of gold and gold equivalent in the inferred category.