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Platinex Announces Drilling Results from Herrick Gold Deposit

Platinex has drilled two holes to examine the down extension of the mineralization below the mine works and intersected 12.55 g/t gold over 0.85 m at Herrick deposit.

The company has cut 4.99 g/t gold over 3.1 m in hole HP11-65 in the Central Zone, including 12.55 g/t gold over 0.85 m. Holes HP10-44, HP11-65 are drilled in a broader mineralized alteration zone, which encounters 1.47 g/t gold over 12.2 m and this shows to be a broader and distinct zone.

Also, the company has intersected 6.94 g/t gold over 0.85 m including 2.86 g/t gold over 2.95 m in hole HP11-64. This area is located in 90 m core length of mineralized zone. Platinex has drilled the third hole to analyze the south strike expansion, which is around 25 m south of the Herrick deposit. It has also cut 1.785 g/t gold over 0.60 m in HP11-66.

Platinex has encountered mineralization continuity at Herrick deposit and identifies broader and richer deposit core that lies steeply to the south below the workings. The thicker alteration zones in holes 9, 33, 44 and 65 show strong gold mineralization and offers potential target for the next drilling.

Now, Platinex has scheduled to trace the multiple, high gold sources in till results at the property. It expects that the Caswell and Herrick formations contain gold sources. Additional drilling on the Caswell prospect and the Herrick deposit will begin in the summer.

Laframboise Drilling has performed the present drilling program. ALS Minerals has completed the assay sampling for this latest drilling.


Joel Scanlon

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Joel Scanlon

Joel relocated to Australia in 1995 from the United Kingdom and spent five years working in the mining industry as an exploration geotechnician. His role involved utilizing GIS mapping and CAD software. Upon transitioning to the North Coast of NSW, Australia, Joel embarked on a career as a graphic designer at a well-known consultancy firm. Subsequently, he established a successful web services business catering to companies across the eastern seaboard of Australia. It was during this time that he conceived and launched News-Medical.Net. Joel has been an integral part of AZoNetwork since its inception in 2000. Joel possesses a keen interest in exploring the boundaries of technology, comprehending its potential impact on society, and actively engaging with AI-driven solutions and advancements.


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