Gold79 Mines Outlines Four Square Kilometer Gold-In-Soils Anomaly At Jefferson Canyon Project
OTTAWA, ON - Gold79 Mines Ltd., Chairman, Gary R. Thompson, said, "We are delighted with the significant extent and intensity of the gold and silver soil anomalies at the Jefferson Canyon Project in Nevada. While previous exploration in the 1980's completed geophysical surveys, mapping, prospecting and drilling, the current exploration work marks the first ever property wide gridded soil geochemical survey. This new soil data provides the data needed to finalize our drilling plan for the permit application that is now in progress. We are keen to commence new drilling on the project."
Based upon 46 rock samples from the Jefferson Canyon Project, Au has a strong positive correlation coefficient to Ag (0.728), Hg (0.558) and As (0.416). Robert Johansing, Vice President, Exploration, stated, "Previous exploration at Jefferson Canyon has identified significant gold both in the surface and sub-surface along the SE extent of the Jefferson Canyon fault. This newly acquired data supports a much broader gold-silver footprint and provides a symmetry not previously recognized providing several new drill targets."
Gold79 is submitting a drill permit application to the US Forest Service for an extensive drilling campaign at the Jefferson Canyon project. Additional reprocessing of geophysical data is also planned to further refine drill targets.