Hanstone Announces an Expanded Mineralized Zone at the Doc Property in BC’s Golden Triangle, Reporting 1.03 g/t Au over 35.92 meters including 12.14 g/t Au over 1.41 meters
Hanstone Announces an Expanded Mineralized Zone
at the Doc Property in BC’s Golden Triangle, Reporting
1.03 g/t Au over 35.92 meters including 12.14 g/t Au over 1.41 meters
VANCOUVER, BC – February 10, 2022, – Hanstone Gold Corp. (TSX.V: HANS) (FSE: HGO) (“Hanstone”
or the “Company”) is pleased to provide an update on recently received gold assays results from the 2021
drilling program completed in September , at the company’s 100% owned DOC property located in British
Columbia’s prolific Golden Triangle Mining District . The Golden Triangle has been reported to account for an
estimated 44% of the $422 million in mineral exploration expenditures in British Colu mbia, currently hos ting
three of Canada’s largest gold mines.
The program consisted of 23 diamond core drillholes totaling 2 ,852.04 meters. The drill program focused on
investigating and verifying historic drill-indicated gold mineralization, while expa nding the known mineralization
zones along strike.
Drilling result highlights from the 2021 drilling program include:
Hole DC-21-025 intersected 5.83 m grading 2.86 g/t Au, 23.25 g/t Ag and 1,721.20 ppm Cu including
3.32 m grading 4.89 g/t Au, and 38.77 g/t Ag, and 1920.73 ppm Cu
Hole DC-21-026 intersected 6.47 m grading 1.13 g/t Au, and 4.15 g/t Ag and 17.59 m grading 0.46
g/t Au and 2.54 g/t Ag including 6.14 m grading 1.07 g/t Au and 5.47 g/t Ag
Hole DC-21-027 intersected 1.18 m grading 24.67 g/t Au, and 65.20 g/t Ag, and 35.92 m grading 1.03
g/t Au, and 4.44 g/t Ag including 1.41 m grading 12.14 g/t Au, and 49.10 g/t Ag
Table 1: DOC zone intersection Highlights (2021)
Drillhole Avg. Grade Au
(g/t)
Avg. Grade Ag
(g/t)
Cu
(ppm)
Width
(m)
DC-21-025 2.86 23.25 1721.20 5.83
including 4.89 38.77 1920.73 3.32
DC-21-026 1.13 4.15 - 6.47
0.46 2.54 - 17.59
including 1.07 5.47 - 6.14
DC-21-027 24.67 65.20 - 1.18
1.03 4.44 - 35.92
including 12.14 49.10 - 1.41
DC-21-027 intersected low-grade mineralization over a 35.92 m within a fault zone with moderate to strong
hematite and sericite alteration, and 1 -5 cm quartz veining. The mineralization style indicates a potential
continuation of the DOC epithermal vein system, hea vily influenced by structure. The hole confirms
mineralization from a historic hole and expands the mineralization footprint.
Based on the results from DC -21-025 to DC -21-027, further investigations into the area will be completed in
2022, including prospecting, mapping, with potential for follow up drilling. Another focus for the 2022 will be
the location in and around the area to which DC -20-04 to DC -20-06 intersected high -grade mineralization
reported in a previous release. The focus will be to use a combination of geophysics, along with a structural
interpretation of the area to focus on a potential splay off the main DOC vei n system. The geophysics and
structural interpretations will aid in determining the future drilling plans in the area for 2022.
An updated 2021 diamond core drillhole collar map can be found in figure 1, and a map location of DC -20-04
to DC-20-06 can be found in figure 2.
Table 2: Significant Doc property intersections (2021)
Drillhole Azimuth ° Dip °
Avg.
Grade
Au (g/t)
Avg.
grade
Ag (g/t)
Cu
(ppm)
Width
(m)
From
(m)
To
(m)
DC-21-007 185 45 0.89 2.52 227.40 4.52 57.97 61.68
including 1.87 - - 1.94 57.97 59.91
DC-21-008 185 -60 0.28 1.22 - 9.29 79.32 88.61
including 0.59 - - 2.00 84.75 86.75
DC-21-009 185 -70 2.22 11.03 - 4.10 80.00 84.10
DC-21-011 190 -55 1.23 6.60 - 4.36 161.04 165.40
DC-21-012 190 -62 0.85 2.94 - 6.00 150.00 156.00
DC-21-015 190 -66 1.90 6.51 - 6.11 53.08 58.32
DC-21-016 190 -75 2.10 7.20 - 5.55 77.65 83.20
DC-21-017
190 -50
0.20 1.20 - 12.10 27.90 40.00
including 0.53 2.17 - 3.20 27.90 31.10
0.21 2.86 - 6.00 127.00 132.00
including 0.55 4.22 - 2.00 127.00 129.00
DC-21-018 190 -54 0.58 3.29 233.56 9.80 47.00 56.80
including 1.26 6.48 - 4.05 50.00 54.05
DC-21-019 190 -63 0.41 2.51 - 8.00 53.00 60.00
DC-21-020 190 -75 0.38 1.49 - 6.70 98.00 103.50
including 0.88 3.20 - 2.80 98.00 100.80
DC-21-021 10 -55 0.94 3.49 193.06 9.00 38.00 47.00
including 1.37 5.00 234.31 6.15 38.85 45.00
DC-21-022 1.5 -70 0.88 3.42 - 1.25 68.25 69.50
DC-21-024 5 -75
0.59 2.22 - 4.00 87 91
0.22 0.90 - 4.60 95.4 99
including 1.44 5.90 - 0.60 95.4 96
DC-21-025 22.5 -45 2.86 23.25 1721.20 5.83 103.35 109.18
including 4.89 38.77 1920.73 3.32 104.12 107.44
DC-21-026 22.5 -57
1.13 4.15 - 6.47 150.33 156.8
0.46 2.54 - 17.59 167.18 183.9
including 1.07 5.47 - 6.14 172.52 178.66
DC-21-027 22.5 -64
24.67 65.20 - 1.18 62.43 63.61
1.03 4.44 - 35.92 125.71 158.88
including 12.14 49.10 - 1.41 137.11 138.52
Notes:
Au analysis is by 2 AT (58.32 grams) fire assay with gravimetric finish (TSL Labs Method FA/Gravimetric 2 AT)
Ag and Cu analysis is by aqua regia digestion or multi acid ICP multielement analysis (TSL Labs Method ICP -
MS Aqua Regia or MA) or
Ag and Cu analysis also by ICP multielement analysis total 4 acid digestion (SRC geoanalytical laboratories
method ICP1 Total 4 Acid Digestion)
Figure 1: 2021 Drill Collar Plan Map
Figure 2: 2020 DC-20-04 to 06 locations
Notes: 2022 DC-20-04 to 06 exploration area in orange
Quality Assurance, Quality Control & Technical Disclosure:
The 2021 drilling and exploration was c onducted under the supervision of Tyler Fiolleau, P.Geo. and Craig
Cubbon G.I.T., both of Axiom Exploration Group Ltd. A thorough chain -of-custody and QA/QC program was
carried out during the 2021 drill program on the HQ diameter, half -core split samples. The implemented
QA/QC procedures included the insertion of certified standard control samples, duplicates, and blanks to
ensure proper calibration of the lab equipment. Sample analyses were conducted by TSL Laboratories Inc and
SRC Geoanalytical Laboratories in Saskatoon, Saskatchewan. Gold analyses was determined by fire assay
with Gravimetric finish (FA/Gravimetric 2 AT). Silver and copper analysis was determined by aqua regia and
multi acid digestion ICP multi -element analysis (TSL Labs Method ICP -MS Aqua Regia and Multi acid and
SRC ICP1 Total 4 Acid Digestion).
The technical information in this news release has b een reviewed and approved by Doug Engdahl, P.Geo.
(CEO, Axiom), and Matthew Schwab, P.Geo. (Senior Vice President, Axiom), each of whom is a “Qualified
Person” for the Company as defined under National Instrument 43 -101 - Standards of Disclosure for Minera l
Projects ("NI 43-101").
About Hanstone Gold
Hanstone is a precious and base metals explorer with its current focus on the Doc and Snip North Projects
optimally located in the heart of the prolific mineralized area of British Columbia known as the Golde n Triangle.
The Golden Triangle is an area which hosts numerous producing and past -producing mines and several large
deposits that are approaching potential development. The Company holds a 100% earn in option in the 1,704 -
hectare Doc Project and owns a 100% interest in the 3,336-hectare Snip North Project. Hanstone has a highly
experienced team of industry professionals with a successful track record in the discovery of gold deposits and
in developing mineral exploration projects through discovery to production.
Ray Marks, President and Chief Executive Officer
For Further Information Contact:
Carrie Howes, Director of Communications, +1-(778)-551-8488, [email protected]
Or visit the Company’s website at www.hanstonegold.com
Cautionary Statement Regarding Forward Looking Information:
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Securities Litigation Reform Act of 1995 and “forward -looking information” within the meaning of applicable Canadian
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looking information and statements are made based upon numerous assumptions, including among others, the results of
planned exploration activities are as anticipated, the price of gold, the cost of planned exploration activities, that financ ing
will be available if needed and on reasonable terms, that third party contractors, equipment, supplies and governmental
and other approvals required to conduct Hanstone’s planned exploration activities will be available on reasonable terms
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