Geochemical Survey Results At Horse Heaven Project
VANCOUVER - Stallion Gold Corp. reported the results and mapping of the geochemical survey completed at their Horse Heaven Project in Valley County, Idaho. The survey results verify the occurrence of structurally controlled gold mineralization along the Golden Gate Fault Zone (the “GGFZ”) at a length of over 2.8km. Further, the Company also announces the staking of 4 additional mining claims to cover anomalies in survey area.
“Our team was pleased to see the results from our initial geochemical survey along the Gold Gate Fault Zone, not only for the strong assay values, but also the continuity and continuation of the readings along the surveyed area of the fault zone. This encourages and validates our further exploration of the GGFZ,” said Drew Zimmerman, CEO.
Stallion has received the assay results from the recently completed geochemical soil survey at the Project, along the GGFZ. The purpose of the survey was to validate gold mineralization along the structurally controlled GGFZ epithermal system. The survey was comprised 789 soil samples, collected along east-west lines spaced 122m apart with individual sample spacing along the lines at 30.5m. Approximately 0.5 to 1 kg of “B” horizon soil was collected from a depth between 20-30 cm. The GGFZ was tested along a 2.6 km length, across widths of 900 m to 1500 m. The Company received gold, silver and multi-element pathfinder element assays. Gold assay results of more than 0.025 parts per million (ppm) occurred in 342 of the samples (43%). Of those samples 140 were more than 0.10 ppm Au (18%), 54 were more than 0.25 ppm Au (7%), 18 were more than 0.50 ppm Au (7%) and 6 were in excess of 1.0 ppm Au (0.75%). The highest assay was 1.99 ppm Au.
“We are very pleased to see gold in soils distributed along the length of the GGFZ demonstrating the structural control of the mineralization,” said, Bill Breen, President and VP Exploration. “The occurrence of the gold anomalies along the southern and northern slopes along the GGFZ could be an indication of down dip control of the mineralization, possibly related to the depth of gold deposition within the shear zone.”
The finding of anomalous silver along the length of the GGFZ reinforces the observations found in gold. Results from pathfinder elements of arsenic (As), tungsten (W), and antimony (Sb) elements in the soils are useful in planning and vectoring into future mineralized areas at Horse Heaven. Arsenic has an excellent correlation with presence of gold mineralization along the GGFZ. This correlation will be very useful during future geochemical surveys in other areas at Horse Heaven.
Antimony (Sb) in soils results, forms an anomalous discrete linear trend along the entire length of the east side of the soil grid. Stallion believes the reason for this to be that the antimony mineralization is a possible vein, focused along the eastern side of the GGFZ and at depth it is associated to the antimony veins found on Antimony Ridge which was mined during WWII. Tungsten (W) is anomalous at the southern end of the soil grid. This is suggesting that tungsten used the same conduits as the gold mineralization at formation. The tungsten anomaly along the summit of Golden Gate Hill aligns with the gold reading and is the site of the historic Golden Gate Tungsten Mine. The area was last mined in 1980.
A total of 45 rock samples were taken along the GGFZ, including grab, chip and float samples. Rock sampling verifies the mineralization occurring in the soils is related to outcrop and subcrop found along the shear zone. The gold assay results returned 33 samples out of the 45 greater than 0.10 ppm Au (73%), including 26 samples out of 45 equal or greater than 0.25 ppm Au (57%), including 17 out of 45 greater than 0.50 ppm Au (38%), and 8 out of 45 greater than 1.0 ppm Au (18%) with the highest gold value reported was 4.30 ppm Au. There were 2 areas of outcrop along southern slope within the GGFZ that were channel sampled. The first most southern area has 10 channel samples over 28 meters and returned an average assay of 0.778 ppm Au. The second area consisted of 5 samples over 13 meters with an average assay of 0.277 ppm Au. At the northern end of GGFZ there are three small prospect pits over a distance 15m and 54m up the ridge above the pits an outcrop. 8 samples were taken in the prospect pits and 1 sample taken off the outcrop with assay results averaging 0.921 ppm Au. The distance between the channel samples on the southern end of the GGFZ to the rock samples at the north end is over 2.8 km.
Silver assay values in the rock samples showed that 28 of the 45 samples (62%) are 0.5 ppm Ag or greater, including 15 of 45 samples (33%) have 1 ppm Ag or greater and 5 of 45 samples (11%) have a silver value greater than 10 ppm. The highest silver assay is 132 ppm. Higher silver values are associated with anomalous gold values. A stream sediment survey program was completed on the drainages flowing in and around the GGFZ. A total of 28 stream samples were taken in the active stream channel. 10 of the 28 (36%) samples had a gold assay of greater than 0.10 ppm Au. The highest gold assay was 0.592 ppm Au. Stream sediment sample program on other areas on the Project will be very instrumental in finding further mineralization.