Posted in | News | Gold | Discoveries

Radius Hits High Grade Gold at Sixty Mile

Radius Gold Inc. has provided an update on initial results from the diamond drilling conducted at the Sixty Mile property this year. In total 20 holes (5,273 m) were drilled.

Sixteen holes tested the Graben Fault Zone in the Sixty Mile River Valley and four tested the Thrust Fault Zone.

Results have been received for 13 holes which tested targets in the Graben Fault Zone. Results for 3 remaining holes that tested the same zone, and for 4 holes that were drilled at the Thrust Fault Zone, are pending. The best results received so far from the 2011 program are:

  • hole DDH11-08 which cut 19g/t Au over 1m from 193.5m downhole.
  • hole DDH11-10 which cut 132g/t Au over 1.5m from 249m downhole.

Results from all of Radius's Yukon exploration programs continue to be delayed due to major backlogs at the Yukon assay laboratories. Results will be released when received, compiled and interpreted.

The Graben Fault Zone

The Graben Fault Zone is one of two bedrock gold discoveries zones identified by Radius. It is located on the edge of the Sixty Mile river valley where highly altered Carmacks volcanic rocks are in fault contact with much older gneissic rocks of the Fifty Mile Batholith and schist units of the Yukon Tanana Terrane. The volcanics are strongly altered over an 8km long strike length, and largely buried beneath placer gold-bearing river gravels, presenting a significant challenge for drill targeting. The initial exploration program comprised of grid-based auger drilling to test the top of bedrock. Clays in the bedrock sample were then identified by short wave infrared spectroscopy, and a Controlled Source Audio Frequency Magneto-telluric (CSAMT) geophysical survey was also used to identify resistivity highs and lows for drill targeting.

Holes DDH11-08 and 09 tested the historic Per occurrence which lies within a zone of illite alteration that extends towards the east where holes DDH11-10 and 14 tested fault structures. DDH11-08 intersected strongly bleached and sericite altered Carmacks Group andesite crosscut by narrow dolomite pyrite veins that contained 19.0 g/t Au from 193.5 m to 194.5 m.

Drill hole DDH11-10 intersected 132 g/t Au over 1.5m. This hole was drilled 1.4km east northeast of hole DDH11-08. The interval consisted of bleached, hematized and sericite altered quartz feldspar biotite schist cross cut by minor quartz/pyrite veins. The large scale of the alteration system which can be traced over an 8km strike length, required that the 2011 drilling was very widely spaced in order to drill test several targets. While many of the holes returned disappointing results, especially the follow-up holes at the Toni occurrence, the high grade intercepts in holes DDH11-08 and 10 are potentially related to an alteration zone that can be traced for a distance of 2 km, requiring further follow up work.

In 2010, Radius drilled two holes at the Toni occurrence testing the volcanic rocks proximal to the fault zone. Both holes returned highly anomalous gold values over plus-50-metre intervals with narrower intervals of potentially ore-grade material. The initial 2011 drill holes (DDH11-01, 02, 03 and 06) targeted down dip and along strike of last year's hole DDH10-06 at the Toni occurrence, and while these holes returned erratic anomalous gold values with some narrow >1g/t Au intervals, the drilling did not identify potential for a bulk-tonnage gold target at Toni.

Holes DDH11-04, 05, 07, 11, 12 and 13 tested potential silica bodies outlined by the geophysical program. Several of the holes intersected broad zones of anomalous base metal values. For example, holes DDH11-04 and 05 intersected a high level porphyritic granitoid with quartz stockwork veining containing chalcopyrite and minor molybdenite, but none of these geophysical anomalies proved to have merit as gold targets. DDH11-09 did not return any significant values and results for holes DDH11-14, 16 and 17 are pending. Holes DDH11-15, 18 19 and 20 were drilled to test the Thrust Fault Zone and results for these holes are also pending.

Chain of Custody

Sampling is conducted under the supervision of the on-site project geologist.  Samples are tracked by the project geologist from the project site to the sample preparation facility and transported by Radius personnel or expediters employed by Radius.

Quality Assurance / Quality Control

Radius employs a rigorous QA program with respect to its diamond drill core.  Samples are generally 0.5 to 1.5 m in length.  Rock pulp standards, blank gravel aggregate, and lab duplicates are inserted into the sample stream each at a rate of 3 per 100 samples, for a total of 9% check samples.  All data received from the laboratory is verified for quality control using both the laboratory and the inline check samples.

Laboratory

All samples are sent to Acme Analytical Laboratories Ltd.'s preparation facility in Whitehorse, Yukon Territory for crushing.  Pulp splits are forwarded from Whitehorse by Acme to their laboratory in Vancouver, British Columbia, for analysis. Gold in rock samples is determined by a 30 gram fire assay fusion followed by ICP-ES analysis (method 3B01).  An additional 32 elements are analyzed by a 0.5 gram sample split leached in hot Aqua Regia followed by ICP-ES analysis (method 1D).

Source: www.radiusgold.com

Citations

Please use one of the following formats to cite this article in your essay, paper or report:

  • APA

    Radius Gold Inc.. (2019, February 18). Radius Hits High Grade Gold at Sixty Mile. AZoMining. Retrieved on February 25, 2024 from https://www.azomining.com/News.aspx?newsID=5250.

  • MLA

    Radius Gold Inc.. "Radius Hits High Grade Gold at Sixty Mile". AZoMining. 25 February 2024. <https://www.azomining.com/News.aspx?newsID=5250>.

  • Chicago

    Radius Gold Inc.. "Radius Hits High Grade Gold at Sixty Mile". AZoMining. https://www.azomining.com/News.aspx?newsID=5250. (accessed February 25, 2024).

  • Harvard

    Radius Gold Inc.. 2019. Radius Hits High Grade Gold at Sixty Mile. AZoMining, viewed 25 February 2024, https://www.azomining.com/News.aspx?newsID=5250.

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Your comment type
Submit
Azthena logo

AZoM.com powered by Azthena AI

Your AI Assistant finding answers from trusted AZoM content

Azthena logo with the word Azthena

Your AI Powered Scientific Assistant

Hi, I'm Azthena, you can trust me to find commercial scientific answers from AZoNetwork.com.

A few things you need to know before we start. Please read and accept to continue.

  • Use of “Azthena” is subject to the terms and conditions of use as set out by OpenAI.
  • Content provided on any AZoNetwork sites are subject to the site Terms & Conditions and Privacy Policy.
  • Large Language Models can make mistakes. Consider checking important information.

Great. Ask your question.

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.