Relevant Gold Commences Drilling at the Lewiston Project in the South Pass Gold Field
Relevant Gold Commences
Drilling at the Lewiston Project in
the South Pass Gold Field
Thursday, 14 September 2023 06:00
VANCOUVER, BC / ACCESSWIRE / September 14, 2023 / Relevant Gold Corp.
("Relevant Gold" or the "Company") (TSXV:RGC) is pleased to announce it has
commenced diamond core drilling at its 5,665 hectare Lewiston Project in the
South Pass Gold Field, central Wyoming, USA. The Company plans to drill a
total of 1,500 metres (m) as a phase 1 drilling program at the Heavy Hand
target. Previous Relevant Gold rock chip sampling at Heavy Hand has
returned surface assays up to 62.4 g/t gold out of a 500m wide zone of near
vertical sub-parallel shears. This first-ever drilling program at Lewiston is
designed to test the:
• Alteration and mineralization profiles between sub-parallel shear zones;
• Depth to sulfide mineralization below the oxidized zone;
• Structural architecture of shears; and
• Occurrence of shear-parallel and cross-cutting extensional quartz-
sulfide veining (Figure 1).
"The Lewiston project has never been drilled before and we are very excited
to be the first," said Rob Bergmann, CEO of Relevant Gold Corp. "This initial
drilling program is a first step in defining the more than 10-kilometer trend of
mineralized shear zones at Lewiston and aims to expand the proof of
concept achieved at Golden Buffalo in 2022 to another district-scale target
within the Company's portfolio."
Multiple shear zone orientations and brecciated fold hinges were identified in
the Lewiston Project and demonstrated spatial associations with alteration
and mineralization. Mapping within the project area outlined a regional scale
anastomosing shear system with at least two distinct shear orientations:
1. A dominant system of NE-striking shear zones cross-cut the entire
project area, demonstrating chlorite alteration.
2. A later or coeval, widespread set of E-W striking shear zones and
altered fracture zones hosting silica-epidote-sulfide alteration.
Heavy Hand Target
The Heavy Hand target is a previously undrilled target lying along a 2-
kilometer long, 500-meter-wide corridor laced by multiple mineralized shear
zones. Numerous rock-chip samples in this area have returned high-grade
gold assays (ranging from below detection limit to 62.4 g/t gold) from the
surface. This initial drill program is designed as a proof-of-concept program to
test: A) alteration and mineralization profiles between sub-parallel shear
zones; B) depth to sulfide mineralization below the oxidized zone; C)
structural architecture of shears; and D) occurrence of shear-parallel and
cross-cutting extensional quartz-sulfide veining. (Figure 1).
The planned 1,500-metre core drilling program this year is a phase 1 test of
the Heavy Hand target within the northern Lewiston project area. These
northern targets at Lewiston are permitted for a phase 2 follow up based on
the learnings from these initial geology holes.
The Lewiston Project
The Lewiston Project is located south of the Wind River Mountain Range in
west-central Wyoming. The project site is approximately 65 kilometers
southeast of Lander, Wyoming in Fremont County and is composed of both
private land and public land managed by the Bureau of Land Management
(BLM). The Lewiston project is comprised of 14,000 acres (5,665 hectares) of
active BLM mining claims, including 58 acres (23 hectares) of patented claims
at Hidden Hand. Additional project highlights include:
• >10 km mineralized shear zone trend that includes a number of historic
high-grade mines: Hidden Hand, Burr, Goodhope, and Lone Pine mines.
• Rock chip samples collected within the project area returned assay
values ranging from detection limit to 62 g/t Au, including 13 samples >1
g/t Au (6.4% of sample suite) and 29 samples >0.25 g/t Au (14.3% of
sample suite).
• Historic reported samples include 1,690 oz/ton Au;
• Arsenic (As), Antimony (Sb), Tungsten (W) and Copper (Cu) enriched
shear zones that historically have reported significant high-grade
bonanza style gold within the shear structures and associated veining.
• Relevant Gold has two permitted drill targets at Lewiston with a third
permit pending.
About Relevant Gold Corp.
Relevant Gold Corp. is a North American gold exploration company focused
on the acquisition, exploration, discovery, and development of district-scale
gold projects in the state of Wyoming - one of the most mining-friendly
jurisdictions in the United States and globally. Founded by experienced
exploration geologists, Relevant Gold is managed by a highly respected team
with a proven record of significant value creation for shareholders.
On behalf of Relevant Gold Corp., Rob Bergmann, Chief Executive Officer
Neither TSX Venture Exchange nor its Regulation Services Provider
accepts responsibility for the adequacy or accuracy of this release.
More information
For further information about Relevant Gold Corp. or this news release, please
visit our website at www.relevantgoldcorp.com or contact Rob Bergmann,
President and CEO, or Kristopher Jensen, Manager of Investor Relations, at
763-760-4886 or by email at [email protected].
Cautionary Note Regarding Forward-Looking Statements
This news release contains certain statements that constitute forward-
looking information within the meaning of applicable securities laws. These
statements relate to future events of Relevant Gold Corp. ("Relevant" or
"Relevant Gold" or "the Company"). Any statements that express or involve
discussions with respect to predictions, expectations, beliefs, plans,
projections, objectives, assumptions or future events or performance (often,
but not always, using words or phrases such as "seek", "anticipate", "plan",
"continue", "estimate", "expect", "forecast", "may", "will", "project", "predict",
"potential", "targeting", "intend", "could", "might", "should", "believe", "outlook"
and similar expressions) are not statements of historical fact and may be
forward-looking information. Forward-looking information involves known
and unknown risks, uncertainties, and other factors which may cause the
actual results, performance, or achievements of the Company to be materially
different from any future results, performance, or achievements expressed or
implied by the forward-looking information. Such risks include, among
others, the inherent risk of the mining industry; adverse economic and
market developments; the risk that the Company will not be successful in
completing additional acquisitions; risks relating to the estimation of mineral
resources; the possibility that the Company's estimated burn rate may be
higher than anticipated; risks of unexpected cost increases; risks of labour
shortages; risks relating to exploration and development activities; risks
relating to future prices of mineral resources; risks related to work site
accidents, risks related to geological uncertainties and variations; risks related
to government and community support of the company's projects; risks
related to global pandemics and other risks related to the mining industry.
The Company believes that the expectations reflected in such forward-
looking information are reasonable, but no assurance can be given that these
expectations will prove to be correct and such forward‐looking information
should not be unduly relied upon. These statements speak only as of the date
of this news release. The Company does not intend, and does not assume any
obligation, to update any forward‐looking information except as required by
law.
The scientific and technical contents of this release have been approved by
Mr. Brian C. Lentz, CPG #11999, Chief Exploration Officer of the Company, who
is a "Qualified Person" as defined by Canadian National Instrument 43-101
(Standards of Disclosure for Mineral Projects). Mr. Lentz is not independent of
the Company.
SOURCE: Relevant Gold Corp.