Additional High-Grade Gold Intersects At Winston Gold Project
WINNIPEG, MB - Winston Gold Corp. reported that its ongoing underground drilling program has intersected more high-grade gold near the projected intersection of the Parallel vein and the Historical Custer vein system at its Winston Gold Project near Helena, Montana. Hole W149 cut a 0.3 meter (1 ft) interval averaging 98.47 g/t gold (2.87 oz/ton Au) and 315.09 g/t silver (9.19 oz/ton Ag). This intersection was on the eastern end of the unmined edge of the Custer/Parallel structures.
Winston Geologists believe that this high-grade interval is part of the same vein system that was intersected in two other previously announced holes; W126 and W1729. Previously reported underground drill hole W123 cut through the Parallel Vein and intersected 48.27 g/t gold (1.408 oz/ton Au) over 1.5 meters (5 ft) and included a 0.61 meter (2 ft) interval which averaged 119.28 g/t gold (3.479 oz/ton Au). Previously released surface drill hole W1729 intersected a 0.3 meter (1 ft) interval averaging 42.2 g/t gold (1.23 oz/ton Au) and 49.4 g/t silver (1.44 oz/t Ag) starting 102 meters down hole. This was hosted within a wider 0.9 meter (3 ft) interval averaging 14.98 g/t gold (0.437 oz/ton Au) and 18.18 g/t silver (0.53 oz/t Ag).
"These three intercepts are right near the projected intersection of the Custer and Parallel vein systems, which may explain why this interval is exceptionally high-grade," said, Murray Nye, CEO and Director. "The old timers, from what we can interpret from the historical reports, stopped mining both veins in this area because they were too narrow and low grade for them to make money on at that time since gold was just US$35 per oz."