Antler Gold highlights new gold-in-soil anomalies, central Newfoundland
Antler Gold highlights new gold-in-soil
anomalies, central Newfoundland
HALIFAX
,
Oct. 17, 2018
/CNW/ - Antler Gold Inc. ("
Antler
") (TSXV: ANTL) is pleased to provide an
update on its successful 2018 exploration program within the emerging central
Newfoundland
gold
camp. Soil geochemical surveys have identified significant gold-in-soil anomalies highlighting
numerous new prospective gold target areas on the Noel Paul, Crystal Lake and Cape Ray Blocks
on its Wilding Lake Gold and Regional Projects which lie on the Rogerson Structural Corridor in
Newfoundland
.
2018 Summer Program
Exploration focused on reconnaissance soil sampling programs to define new prospective gold
target areas within Antler's district scale 635 square kilometre land holding. Soil sample surveys
have proven very successful in discovering Antler's previously reported gold occurrences at the
Wilding Lake Block. The 2018 soil surveys were primarily focused along the regional gold bearing
Rogerson Structural Corridor that is defined by a deep penetrating crustal fault zone, and targeted
potential gold bearing structural breaks defined from airborne magnetic surveys. Large regional
scale structural corridors or breaks typically can host major gold deposits, such as the renown
Destor-Porcupine Break in
Ontario
and
Quebec
.
Antler has identified geological characteristics and gold targets within it's seven other underexplored
gold projects that cover approximately 140 kilometres of the regional gold bearing Rogerson
Structural Corridor that are similar to those associated with its Wilding Lake Block. Previously
reported results from Antler's gold occurrences on the Wilding Lake Block include saw-cut channel
sample results of 6.0 grams per tonne ("g/t") over 8.5 metre ("m") at the Alder Zone; 28.8 g/t over
1.0 m
and 12.2 g/t over
0.9 m
at the Taz Zone; and 101.5 g/t over
0.5 m
, 93.1 g/t over
1.3 m
and
37.5 g/t over
0.9 m
at the Elm Zone.
The Rogerson Structural Corridor also hosts Marathon Gold Corporation's
Valentine Lake
project,
with a reported gold resource of 2.13 Million ounces at 1.99 g/t Measured and Indicated and 1.10
Million ounces at 1.99 g/t Inferred, that is located immediately adjacent to and southwest of the
Wilding Lake Block. In addition, the structural corridor hosts Matador Mining's
Cape Ray
gold
deposit and Sokoman Iron's Moosehead Gold Project, with recently reported high-grade discovery
drill assay gold results that include an intersected mineralized zone that returned
11.90 m
at 44.96
g/t.
Gold-In-Soil Sample Results
During the summer 2018 Antler collected a total of 2,817 soil samples from the Noel Paul Block, 184
soil samples from the Cape Ray Block and 1,823 soil samples from the Crystal Lake Block.
Noel Paul Block
In 2017 on the Noel Paul Block, an initial 931 gold-in-soil soil sample survey sampled five separate
gold target areas with samples collected on
50 m
spaced grid lines and
25 m
spaced sample sites.
Antler reported that 14 soil sample assay results ranged from 15 parts per billion ("ppb") to a high of
55 ppb gold ("Au") with ten samples between 15 ppb and 25 ppb Au, three samples between 25 ppb
and 50 ppb Au, and one sample at 55 ppb Au.
In 2018, the soil sample survey on
Noel Paul
was expanded with broad sampling of 14 separate
target areas mainly on
200 m
spaced grid lines and
25 m
spaced sample sites. Assay results of
interest include sixty samples ranging from 15 ppb to a high of 633 Au, with thirty-six samples
between 15 ppb and 25 ppb Au, thirteen samples between 25 ppb and 50 ppb Au, eight samples
between 50 and 100 ppb Au and three samples from 100 to a high of 633 ppb Au.
Cape
Ray Block
In 2017 on the Cape Ray Block, an initial 233 soil sample survey was conducted with reported gold-
in-soil assay results that ranged from 15 ppb to a high of 95 ppb Au from 13 soil samples. In 2018
the soil sampling program extended the 2017 survey grids along strike with assay results ranging
from 15 to 78 ppb Au that include five samples between 15 and 25 ppb Au, two samples between
25 and 50 ppb Au, and one sample of 78 ppb Au. Both 2017 and 2018 soil sampling programs were
completed on wide reconnaissance spaced grids on
200 m
spaced grid lines and
25 m
spaced
sample sites.
Crystal Lake Block
On the Crystal Lake Block, first pass reconnaissance soil sampling was completed on 11 separate
gold target areas on
200 m
spaced grid lines and
25 m
spaced sample sites. High-interest assay
results were returned from twenty-eight samples ranging from 15 to 187 ppb Au with twelve
samples between 15 and 25 ppb Au, eleven samples between 25 and 50 ppb Au, three samples
between 50 and 100 ppb Au, and two samples of 102 and 187 ppb Au.
Summary
Positive results from the 2017 and 2018 reconnaissance gold-in-soil sampling surveys on the Noel
Paul,
Crystal Lake
and Cape Ray Blocks have successfully highlighted numerous new prospective
gold target areas. Management feels that the results are significant to warrant follow-up soil
sampling programs to further define the new gold-in-soil anomalies for potential future mechanical
trenching and/or drilling programs to locate their potential bedrock source.
Please visit
www.antlergold.com
and click on "News Release
October 17, 2018
to view Figure 1:
Antler Gold Newfoundland Property Location Map, Figure 2: Noel Paul Block Combined 2017 and
2018 Gold-In-Soil Sample Results Map, Figure 3: Cape Ray Block Combined 2017 and 2018 Gold-
In-Soil Sample Results Map, and Figure 4: Crystal Lake Block 2018 Gold-In-Soil Sample Results
Map.
Quality Control
All soil samples were collected by Antler Gold Inc. personnel on site and were dried and stored at
Antler's secure facility located in
Millertown, Newfoundland
. Samples were sealed in bags and
transported by Antler personnel to the Eastern Analytical Inc. laboratory in
Springdale,
Newfoundland
. Gold was analyzed by 30g fire assay with AA-finish. Field management and Quality
Assurance/Quality Control ("QA/QC") was performed by
Dave Evans
, P.Geo., Regional Manager of
Antler Gold Inc. Interpretation of results was performed by
Howard Bird P.Geo
., Antlers Vice
President, Exploration and
Dave Evans
, P.Geo. Antler Gold employs a QA/QC program consistent
with NI 43-101 and industry best practices.
Howard Bird
, P.Geo., Vice President, Exploration of Antler Gold Inc., is the qualified person as
defined by NI 43-101 guidelines and has reviewed and approved this release.
Cautionary Statements
This press release may contain forward-looking information, such as statements regarding Antler's
planned work program for the Project. This information is based on current expectations and
assumptions (including assumptions relating to general economic and market conditions) that are
subject to significant risks and uncertainties that are difficult to predict, including risks relating to the
ability to complete the work program in the expected timeframe, adverse weather and other
conditions affecting work programs at the Project. Actual results may differ materially from results
suggested in any forward-looking information. Antler does not assume any obligation to update
forward-looking information in this release, or to update the reasons why actual results could differ
from those reflected in the forward-looking information unless and until required by securities laws
applicable to Antler. Additional information identifying risks and uncertainties is contained in the filings
made by Antler with Canadian securities regulators, which filings are available at
www.sedar.com
.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
SOURCE
Antler Gold Inc.
View original content:
http://www.newswire.ca/en/releases/archive/October2018/17/c2637.html
%SEDAR: 00038775E
For further information:
Daniel Whittaker, President and CEO of Antler Gold Inc., at (902) 488-
4700
CO: Antler Gold Inc.
CNW 16:30e 17-OCT-18