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Drill discovers Pogo-like vein at 64North

Seven-meter, shallow dipping quartz vein drilled at Aurora North of 60 Mining News – September 18, 2020

Resolution Minerals Ltd. Sept. 17 reported that the seventh hole of the 2020 season at 64North project has tapped a seven-meter-thick quartz vein at Aurora indicative of the Pogo-style gold mineralization being sought.

Bordering Northern Star Resources Ltd.'s Pogo gold mine property, the roughly 160,000-acre 64North project includes nine claim blocks – West Pogo, Shaw, Eagle, LMS-X, South Pogo, East Pogo, North Pogo, Last Chance and Divide.

Under a deal cut with Millrock Resources Inc. last year, Resolution has the option to earn a 60% interest in this large gold project by investing US$20 million in exploration spending over four years.

This year's drilling has tested three gold targets on Pogo West – Aurora, Echo and Reflection.

Most of this drilling, five holes, tested the Aurora target about four miles west of the Pogo Mine.

The most recent hole, 20AU07, was drilled to a depth of 712 meters to test a northeast trending structural zone proximal to an outcropping diorite intrusive and coincident with conductive rocks identified by geophysics in the middle of the Aurora prospect.

Resolution is encouraged by a shallow-dipping, seven-meter-thick quartz vein cut to a depth of 488 meters in hole 20AU07 that was part of a 22-meter-thick zone of intense sulfides, alteration, and quartz veining.

With the back-up at assay labs due to COVID-19 and increased exploration activity, it will likely be several weeks before Resolution and Millrock know the gold content of the vein and wider alteration zone.

"While the presence of gold won't be known until the assays are returned, we know in a Pogo-style system there can be large variations in grade and vein thickness within short distances and it is important to drill more holes into this immediate area to test for grade variation, lateral extents of the vein and possible stacked sets nearby," said Resolution Minerals Managing Director Duncan Chessell.

Resolution and Millrock are planning to drill a fan of holes from the same pad as 20AU07. With winter approaching in the Interior region of Alaska where the 64 North project is located, this drilling will begin later in the year.

The Aurora target is road accessible and set up for winter drilling and crews will resume the program after the camp has been transitioned for the winter program.

Resolution said a firm timeline for the resumption of drilling has not yet been set. Typically, winter programs in this part of Alaska get underway after the ground has frozen solidly, somewhere around the first of November.

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Shane Lasley, Publisher

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Over his more than 16 years of covering mining and mineral exploration, Shane has become renowned for his ability to report on the sector in a way that is technically sound enough to inform industry insiders while being easy to understand by a wider audience.

 

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