KAPA GOLD Reports ON Recent Site Visit to Past Producing High-Grade Blackhawk GOLD MINE
Kapa Gold Inc.
Suite 1400 – 1199 West Hastings Street
Vancouver, BC, V6E 3T5
Tel: 604-961-9442 | [email protected]
www.kapagold.com
KAPA GOLD REPORTS ON RECENT SITE VISIT TO PAST PRODUCING HIGH-GRADE BLACKHAWK
GOLD MINE
VANCOUVER, BC – November 30, 2022 – KAPA GOLD INC. (TSXV:KAPA) (“Kapa” or the “Company”) a
gold exploration and development company provides the following report from the recent site visit
conducted by management and its consulting geologist during October 2022 at the past producing ,
high-grade Blackhawk Gold Mine (“Blackhawk”).
Consulting geologist, Dr . Allan Miller, recently spent three weeks on site at Blackhawk with the
prime objective of gaining a detailed understanding of the geology and the mineralization setting on
the eastern section of the property. Dr. Miller has identified three phases of intrusive rocks that
intruded into the limestone . The consequence of the emplacement of this high temperature
intrusive complex into limestone result ed in hydrothermal alteration of the limestone and the
intrusive suite . This hydrothermal alteration resulted in c opper-bearing skarn formed in the
limestone and copper-gold bearing pegmatites and base and precious metal bearing ve in peripheral
to the intrusive complex.
Previous mining and exploration data along with current geological analysis of Blackhawk reveal a
second type of fault -controlled mineralization that is characterized by gold with subordinate silver
and base metals. Blackhawk is situated in an arid environment and consequently mineralized fault
zones are accented by intense oxidation, hematitization (Figure 1).
Figure 1 - Heamitized Beds in exposed Limestone
Management was shown many examples of gold, copper, lead, zinc and graphite mineralization
while on site and extensive grab samples were collected currently pending assay results.
Additionally, management investigated existing infrastructure and road access to the property which
experienced some damage from recent high precipitation and mechcanical weathering in the region.
The Company has since engaged an experienced local San Bernadino contrator, Lilburn Corporation
to assist with the road rehabilitation and permitting. Lilburn has also undertaken to assist the
Company to reopen the underground adits at the old Blackhawk mine in order to better evaluate the
structure and mineralization of the past-producing Blackhawk mine and the feasibility of
underground diamond drilling.
Obtaining road access permits and completing the necessary road work to gain vehicle access to the
historic underground mine is currently our top priority. Following this, Kapa will apply for permits
required for surface drilling to locate the skarn -type mineralization. Provisional drill targets will be
used for our initial permit application and will be further defined once a drone airborne magnetic
survey has been completed.
A third type of mineralization, high -grade limesto ne, is present on the property . This high purity
limestone is similar to currently exploited limestone resources to the west of the Blackhawk
property. Evaluation of this mineralization type will be part of the permitting application.
Once the roads and underground adit have been exposed, Kapa will engage a Californian Certified
Underground Mining Engineer to undertake a full underground inspection, survey and sample
program to determine the viability of underground drilling.
David Paxton, Kapa CEO stated, “ There is sufficient information of numerous mineralizing eve nts
within the Blackhawk licence, including the past producing, high-grade, underground Blackhawk gold
mine as the most obvious in addition to skarn mineralization and high -grade limestone. We intend
to fully investigate the historic underground mine in addition to the potential of the skarn
mineralization and limestone through extensive drilling, to define and extend these three different
types of mineralization.”
Qualified Person
The scientific and technical information contained in this news release has been reviewed and
approved by Dr. Allan Miller, PhD., P.Geo. , Consultant and Senior Geologist of Kapa Gold Inc , a
“Qualified Person ” as defined in National Instrument 43 -101 Standards of Disclosure for Mineral
Projects.
About Kapa
Kapa Gold, led by experienced capital markets and geologic team, is focused on exploring its 100%
owned historic Blackhawk Gold Mine and surrounding underexplored properties for economic
mineralization.
To learn more, visit www.kapagold.com .
On behalf of the Board of Directors
KAPA GOLD INC.
“David K. Paxton”
CEO and Director
For More Information Contact:
Konstantine Tsakumis
604-961-9442
Neither the 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.
Forward Looking Information
Certain statements made, and information contained herein may constitute "forward looking
information" and "forward looking statements" within the meaning of applicable Canadian
and United States securities legislation. These statements and information are based on facts
currently available to the Company and there is no assurance that actual results will meet
management's expectations. Forward-looking statements and information may be identified by such
terms as "anticipates", "believes", "targets", "estim ates", "plans", "expects", "may", "will", "could"
or "would" and include statements regarding the anticipated cease trade order and the Company’s
expected timing for filing its financial statements. Forward -looking statements and information
contained herein are based on certain factors and assumptions regarding, among other things, the
anticipated timing of the securities regulator and the anticipated timing of the Company’s auditor in
completing its work in connection with the audit of the Company’s finan cial statements. While the
Company considers its assumptions to be reasonable as of the date hereof, forward -looking
statements and information are not guaranteeing of future performance and readers should not
place undue importance on such statements as a ctual events and results may differ materially from
those described herein. The Company does not undertake to update any forward-looking statements
or information except as may be required by applicable securities laws.