Advance United Holdings (AUHI) Acquires Additional Land Expanding Doyle Property to Over 8,100 Acres - Sept 14, 2021
Advance United Holdings (AUHI) Acquires Additional Land
Expanding Doyle Property to Over 8,100 Acres
Highlights
• Favorable summer work program indicates a high potential zone which extends beyond
the previously existing claims.
• 57 new and additional claims encompass this high potential zone and expand Doyle
Property to 2,850 hectares in size.
• Expanded area includes similar geological units to those seen on the original Doyle
Property and typically fall into the category of “orogenic gold deposit” types in brittle-
ductile structurally related regimes similar to the Timmins Gold Camp, the Hemlo Gold
Deposits, and the gold deposits of the Doyon-Bousquet Camp in Quebec.
Toronto, Ontario – (September 14, 2021) – Advance United Holdings Inc. (CSE: AUHI) (FSE: 9I0)
(the "Company" or "Advance United") is pleased to report that based on the results of the recent
interpretation of the Terraquest airborne survey ( see related press dated August 2 4, 2021) and
on known and potential geological extensions of favorable geology the Doyle Property has been
expanded by the addition of 57 additional claims.
The geophysical interpretation report identifies structural and geologic controls for gold
mineralization on the Doyle Property which have were utilized to identify the new claim areas
and the expansion of the property. The expansion is based on extension of VLF anomalies, similar
topographic features, similar resistivity responses , and newly discovered favorable geological
units.
The claims have been added in three general areas east, north, and west of the existing property
(Figure 1). These extend the to cover extensions of potential gold bearing structures identified in
the interpretation of the airborne survey.
Interpretation of the VLF -EM data show s many anomalies extending off the property, some of
which are known to host mineralization. These are designated No 1, No. 2A and No. 2B on Figure
2. Also of interest is a resistivity high associated with a major fault - designated No. 3 on Figure 2
which is similar to the feature associated with the main gold occurrences found on surface and
may be related to possible alteration by silica (quartz). This is thought to be a significant alteration
feature. A similar resistivity high was identified on the northwestern boundary of the existing
property and the decision was made to add additional claims in this area.
Other areas were added to cover proposed extensions of VLF -EM anomalies described in the
interpretation repor t. In addition, a previously described “brecciated iron formation” with
sulphide mineralization is located on property added to the no rtheast. These types of units are
known to host gold mineralization in other areas.
Advance United CEO Jim Atkinson states, “We are pleased with the excellent results obtained
from the airborne survey and are excited to expand our footprint to cover exten sions of known
trends. We are preparing a work program to include these new areas and will be completing
follow-up work in 2022. This further exemplifies the value of the Company’s business model to
re-work data to document potential, quantifiable resources and reserves using current standards
and modern technology, thus increasing the value of the property.”
About the Doyle Property
The Doyle Property is located approximately 92 kilometers southeast of Wawa, Ontario within
the Batchewana Volcanic Belt of the Abitibi Province. The structural and geological architecture
of the Batchawana Greenstone belt is conducive to a variety of gold depositional environments
similar in nature and significance to other gold bearing deposits in Archean-aged greenstone belts
hosted within the Superior Province. Noteworthy, t hese typically fall into the category of
“orogenic gold deposit” types in brittle-ductile structurally related regimes similar to the Timmins
Gold Camp, the Hemlo Gold Deposits , and the gold deposits of the Doyon -Bousquet Camp in
Quebec. Orogenic gold deposit types would be the focus of future exploration activities on the
Doyle Property.
The Doyle Property lies within the Batchawana Greenstone Belt of the Wawa -Abitibi Terrane,
both of which are well known for hosting orogenic gold deposits.
Three styles of orogenic gold mineralization occur on the property. These are, but not limited to:
1) Gold-enriched semi-massive to massive sulphide horizons in a felsic tuff volcanic
pile
2) Lode gold auriferous quartz veins, and
3) Disseminated gold in silicified and pyritized shear zones
The entire Doyle Property consists of a total of 166 unpatented mining claim cells and covers an
area of approximately 2,820 hectares.
The most significant and recent exploration on the Doyle Property was carried out by Tri-Origin
Exploration which included drilling programs from 1990 - 1995. T hese programs are deemed
significant, and their geological observations support deposit model types being sought . The
Focus of the Tri -Origin work was on a model of similarity of the Doyle property geology and
mineralization to the Hemlo deposit , which has produced over 21 million ounces of g old
according to Barrick Gold’s website . Tri-Origin completed geological, geophysical, and
geochemical programs and drilled a total of 37 drill holes for 8 ,053 m. Anomalous gold values
were intersected in numerous drill holes and visible gold was observed in two holes. Drill hole
T94-22 intersected 49.58 g/t gold over one meter and drill hole T95-34 intersected 17.49 g/t gold
over one meter.
Qualified Person
James Atkinson M.Sc., P. Geo. , a Qualified Person (" QP") as such term is defined by National
Instrument 43-101 - Standards of Disclosure for Mineral Projects, has reviewed and approved the
geological information reported in this news release. The Qualified Person has not completed
sufficient work to verify the historic information on the Doyle Property, particularly with regards
to historical sampling and regional government-mapped geology. However, the Qualified Person
assumes that sampling and analytical results were completed to industry standard practices. The
information provides an indication of the exploration potential of the Doyle Property but may
not be representative of expected results.
About Advance United
Advance United, headquartered in Toronto, Canada, is traded on the Canadian Securities
Exchange in Canada under the symbol "AUHI" and the Börse Frankfurt Stock Exchange in
Germany under the symbol "9I0".
We are a different kind of Canadian junior mining company, one designed to succeed where other
junior mining companies fail. We are involved exclusively in the acquisition and advancement of
past producing gold mines - with no intent to bring them back into production or to mine them
ourselves. Our expertise is in identifying and acquiring undervalued gold properties with
significant historical work, which were uneconomic at the time, but we believe have economic
value at today's price of gold.
We fund the development of re -working historic data and applying modern technology to
underwrite new qualified reports, document quantifiable resources a nd reserves to current
standards, thereby recognizing the current value.
Our purpose is to bring immediate and long -term value to our partners and shareholders while
seeking to eliminate exploration risk, so that we can all advance united in the shortest possible
time frame.
For additional information about us, our projects, or to find out how you can get involved please
visit www.advanceunited.ca.
Contact Information
James Atkinson P. Geo., CEO
Email: [email protected]
Tel: (647) 278-7502
Forward-Looking Information and Statements
This news release contains "forward -looking information" within the meaning of applicable
securities laws relating to trading on the CSE and the focus of the Company's business. Any such
forward-looking statements may be identified by words such as "expect s", "anticipates",
"intends", "contemplates", "believes", "projects", "plans" and similar expressions. Forward -
looking statements in this news release include statements regarding the Company's ability to
increase the value of its current and future minera l exploration properties and, in connection
therewith, any long -term shareholder value, the Company's ability to mitigate or eliminate
exploration risk, and the Company's intention to develop a portfolio of historic gold properties.
Readers are cautioned n ot to place undue reliance on forward -looking statements. These
statements should not be read as guarantees of future performance or results. Such statements
involve known and unknown risks, uncertainties and other factors that may cause actual results,
performance or achievements to be materially different from those implied by such statements.
Although such statements are based on management's reasonable assumptions, there can be no
assurance that the Company will continue its business as described above. Readers are
encouraged to refer to the Company's annual and quarterly management's discussion and
analysis and other periodic filings made by the Company with the Canadian securities regulatory
authorities under the Company's profile on SEDAR at www.sedar.com. The Company assumes no
responsibility to update or revise forward -looking information to reflect new events or
circumstances or actual results unless required by applicable law.
Figure 1. New claims added to Doyle Property.
Figure 2: Location of features captured in expanded claim group.