Hanstone Gold Provides Update on Exploration Program at Doc Property, British Columbia
Hanstone Gold Provides Update on Exploration Program
at Doc Property, British Columbia
Vancouver, BC, October 31, 2022 – Hanstone Gold Corp. (TSX.V:HANS) (OTC:HANCF) (FRA:HGO) (the “Company”
or “Hanstone”), is pleased to announce that it has completed a bulk sampling, surface sampling and mapping
campaign at its DOC Property in northwest British Columbia. Details of the program are outlined below. Full
results from the program are expected shortly and will be announced when available.
Sample Pits & Bulk Samples
A total of 18 sample pits were opened on the Property, with 17 pits located along the DOC area (Q17/Q22 vein
zone) and one pit at the Q19 zone. The bulk sampling component of the program consisted of a series of f our
bulk samples taken across the Q17 and Q19 vein zones. The specifications of each sample are shown in the
following table. Each sample at both the Q17 and Q19 veins consisted of abundant galena and minor pyrite
mineralization within 0.5 to 1.0 metre quartz veins, hosted within a broader shear zone:
Table 1. Bulk Sample Specifications
Sample ID / Location Zone Weight (kg)
DOC22-Pit 2E Q17 50.0
DOC22-Pit 2.5E Q17 20.0
DOC22-Pit 3E Q17 110.0
DOC22-Q19 Pit 3 Q19 130.0
The Q17 and Q22 veins clearly coincide with the underground workings, with pits generally exhibiting a similar
style of mineralization to that observed within the underground workings. In conjunction with historical drill
results, veining and sulphide min eralization appears to be mostly continuous throughout the zone, as well as
further along strike to the east. Assays from the bulk sampling program are forthcoming.
Figure 1. Bulk Sample Locations at Q17 Zone
Surface Sampling & Mapping
The second component of the exploration program consisted of grab sampling and mapping across the majority
of the Q17/Q22 (DOC) area, as well as in and around the Q19 zone. Additional samples were collected along strike
from the primary mineralization at the Q17/Q22 (DOC) zone. In conjunction with grab sampling, key lithological
and structural observations were recorded at each pit location.
Ray Marks, President & CEO of Hanstone stated: “ We are very pleased with how efficiently the bulk sampling
program was completed . The identification of new mineralization at surface supports the model in which the
mineralized shear which hosts the Q17 and Q22 veins is continuous to surface from the underground workings.
These results are highly encouraging as we actively move forward on exploration at the DOC Property. “
About the DOC Gold Project
The DOC Gold Project covers 8 mineral claims covering 1,704 hectares in northwest ern British Columbia. The
Project is located approximately 70 kilometres north of Stewart, BC, and is accessible by a 45 -minute helicopter
flight from the helipad located in Stewart. Existing trails provide excellent access to all major locations on the
Property.
Qualified Person
Technical information in this news release has been reviewed and approved by Case Lewis, P.Geo., a "Qualified
Person" as defined under NI 43-101 Standards of Disclosure for Mineral Projects.
About Hanstone Gold Corp
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 Golden 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 on the 1,704-
hectare Doc Project and owns a 100% interest in the 3,336-hectare Snip North Project. Hanstone has a high ly
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.
For Further Information Contact:
Ray Marks, President
+1-(778)-896-7778, [email protected]
Or visit the Company’s website at www.hanstonegold.com
Forward Looking Statements Disclaimer
The information contained herein contains “forward-looking statements” within the meaning of the United States
Private Securities Litigation Reform Act of 1995 and “forward- looking information” within the meaning of
applicable Canadian securities legislation. “Forward-looking information” includes, but is not limited to,
statements with respect to the activities, events, or developments that the Company expects or anticipates will or
may occur in the future. Generally, but not always, forward-looking information and statements can be identified
using words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”,
“anticipates”, or “believes” or the negative connotation thereof or variations of such words and phrases or state
that certain actions, events, or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be
achieved” or the negative connotation thereof.
Forward-looking information and statements are based on the then current expectations, beliefs, assumptions,
estimates and forecasts about Hanstone’s business and the industry and markets in which it operates and will
operate. Forward-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 financing 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 and in a timely manner and that general business and
economic conditions will not change in a material adverse manner. Although the assumptions made by the
Company in providing forward-looking information or making forward -looking statements are considered
reasonable by management at the time, there can be no assurance that such assumptions will prove to be
accurate. 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.