Nov 22 2010
Solid Gold Resources Corp. (TSX VENTURE:SLD) has reported that diamond drill core samples are being submitted for assay.
Two diamond drill holes were put down in the south west quadrant of the Solid Gold Prospect to test an overburden gold anomaly (1900 ppb Au) associated with a sediment/volcanic contact. A third hole was collared to the east in the south central region of the property to test another overburden gold anomaly (1100 ppb Au). Two additional diamond drill holes were completed to test the potential for platinum group elements in the north central Ghost Range Intrusive.
The Ghost Range is the most prominent elevation in the area south of Upper Lake Abitibi. It rises approximately 200 meters above Lake Abitibi and stretches approximately 12 km in an east west direction. The mountain consists mainly of diabase or gabbro, which is presumably intrusive into the Keewatin lavas. The rock is made up essentially of plagioclase and pyroxene, both of which are more or less altered to the usual decomposition products. Small quantities of primary quartz occur and there is also serpentine rock. Based on lithological similarities with intrusions such as the Merensky reef complex, the Ghost Range sill has the potential to host PGE mineralization and Ni-Cu-PGE mineralization as sulphide accumulations are associated with the basal contact of the intrusion. The north and east portions of the intrusion are covered by overburden and there is virtually no exploration reported in these areas however, airborne electromagnetic anomalies occur in several areas of the intrusion and most have not been explored.
Technical data in this News Release was prepared for Solid Gold by Bill MacRae, P Geo (Ontario) who is Solid Gold's Qualified Person as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects.
Source: Solid Gold Resources Corp.