66 Resources Corp. Completes Follow-up Work ON the Champ Property GOLD Project
66 Resources Corp.
200 – 551 Howe Street
Vancouver, B.C. V6C 2C2
New Release
66 RESOURCES CORP. COMPLETES FOLLOW-UP WORK ON
THE CHAMP PROPERTY GOLD PROJECT
October 24, 2018 – 66 Resources Corp. (CSE:SXX) 66 Resources Corp. (the "Company") conducted a
second work programme on the Champ Property, located 12 kilometres south of Castlegar, BC, during
October and November of 2018.
A total of 16,050 meters of GPS located and hip-chained grid was surveyed. The North Grid was
extended to the east, two lines were added to the south grid – one on the northern margin and one on
the southern margin, and three 1,000-meter grid lines were surveyed on South Grid 2. The new road-
cut showing was trenched, mapped, and sampled as were new areas uncovered by recent logging
activity.
In total, 576 soil samples and 35 rock samples were taken on the property during the 2018 programme.
Mineralization present on the property consists of quartz-sulphide and/or replacement veins that are
considered to be intrusion related. Minerals present include pyrite and/or pyrrhotite, chalcopyrite,
sphalerite, galena, arsenopyrite. Emplacement of sulphide mineralization is interpreted to occur in a
mesothermal environment of deposition (medium temperature and pressure). The best gold values
returned from rock samples correlate with increased copper and silver values.
The mineral zones present on the property are related to major north trending normal faults and
northwest and northeast trending, steep to moderately dipping conjugate faults. The faults are
characterized by clay minerals and increased sulphides.
Some of these altered faults host veins/veinlets of quartz-carbonate, often containing sphalerite, galena,
pyrite, pyrrhotite, chalcopyrite, and arsenopyrite. Quartz-carbonate-sulphide mineralization found on
the Champ property is emplaced along faults and fractures, such as the Champion Lake Fault (related to
the Republic Graben), which formed during Eocene extensional tectonics. The Republic Graben has
numerous base and precious mineral deposits related to the major fault structure.
In the roadcut showing area, sampling in 2017 returned anomalous gold of 0.711 g/t within sericitized
pyrrhotite-pyrite mineralization. In 2018 this area was hand-trenched and mapped in section. The
samples taken in this area in were primarily chips along the plane of the veneer. Sample 440763
returned 0.653 g/t Au and 24.3 g/t Ag respectively. Further prospecting and sampling is justified to
determine the potential continuation of this mineralized structure.
At the Champ showing, a small decline shaft excavation also described as a pit is located on a southeast
facing forested slope. A dump fan of waste material, approximately 6m sq is composed of dominantly
coarse-grained granodiorite with sporadic quartz-pyrite gossanous waste rock (19% pyrite with trace
sphalerite and chalcopyrite), a sample of this material (440772) returned 0.143 g/t Au and 4.4 g/t Ag.
The entrance to the decline shaft is 2m by 2m, driven down dip on two veins, with one tracing the
decline ramp and one semi-parallel to the ceiling. Veins are subparallel, converging in a southwest
direction, with a general northwest striking direction.
A chip across the eastern exposure of these lower veins assayed 0.3 g/t Au and 12.2 g/t Ag and is a
promising occurrence which requires further investigation by trenching and shallow surface drilling.
Geochemical results from the north grid identify several elevated gold values which show a correlation
with silver. These values range from 31-100 ppb Au. A 100 ppb Au in soil taken at 54700N-55900E
coincides with rock chip sample 440782 that contains 52 ppb Au and 269 ppm Cu, and 97 ppm Zn.
Several anomalous samples are located in the northeastern section of the grid and require follow-up
geological sampling.
A new grid was surveyed to the south of the Dirty Jack Minfile showing with several soil samples
returning highly anomalous gold of up to 195 ppb Au.
Elevated gold in soil samples displays a correlation with silver and coincides with gold-bearing rock ship
sample locations. Several soil anomalies are present on the property and should be tested by trenching.
To date, several styles of gold and gold-sulphide mineralization have been discovered on the property
which are related to either emplacement of the intermediate Middle Jurassic stocks or to the late
Tertiary-age extensional faulting and related dykes.
Quartz veining, with minor sulphides and gold values is associated with many generally north to
northwest trending fault structures. These structures cut all units and commonly have Tertiary age dykes
associated with them. In contrast with the earlier, more sulphide-rich veins, these quartz veins/fracture
zones have features indicating much higher levels of emplacement: brittle structures, locally stockwork
style mineralization, open spaces and druse quartz. Gold content is locally high, with values to 3300 ppb
Au.
The company is currently reviewing it’s options.
FOR FURTHER INFORMATION PLEASE CONTACT: Michael Dake, Chief Executive Officer, at
Suite 200 – 551 Howe Street, Vancouver, BC, V6C 2C2 email:[email protected].
Certain statements in this release are forward-looking statements, which reflect assumptions related to
certain factors including but not limited to, without limitations, exploration and development risks,
expenditure and financing requirements, general economic conditions, changes in financial markets, the
ability to properly and efficiently staff the Company’s operations, the sufficiency of working capital and
funding for continued operations, title matters, First Nations relations, operating hazards, political and
economic factors, competitive factors, metal prices, relationships with vendors and strategic partners,
governmental regulations and supervision, permitting, seasonality and weather, technological change,
industry practices, and one-time events. Additional risks are set out in the Company’s prospectus dated
May 23, 2018 and filed under the Company’s profile on SEDAR at www.sedar.com. Should any one or
more risks or uncertainties materialize or change, or should any underlying assumptions prove incorrect,
actual results and forward-looking statements may vary materially from those described herein. The
Company does not undertake to update forward looking-looking statements or forward looking
information, except as required by law.