While exploring the East Kaburi prospecting licence in Guyana, Cathedral Gold (TSE) has uncovered three new gold targets.
The company completed a program consisting of: 130 km of gridding and very-low-frequency, electromagnetic surveys; 2,300 soil auger samples; more than 500 rock ship samples; and 23 trenches.
The three targets include: the Nurse, with trench values of up to 22.6 grams gold per tonne over 1 metre; the Chris Edwards, which returned rock chip samples of up to 66.7 grams gold and trench samples grading up to 3.1 grams over 4 metres; and the Maurice, which returned chip samples of up to 9.9 grams gold.
Historic “pork-knocker” workings have been identified in several of the major creeks draining the three target areas, and additional work is planned.
In the meantime, assay results are still pending from work carried out on the nearby Tallman property, where Cathedral recently intersected 1 metre grading 875.77 grams gold in its first drill hole.
That intersection is 30 metres below, and 50 metres northwest of, the existing Tallman pit. Previous surface sampling in the Tallman pit returned 113 grams gold, with an average true width of 1.5 metres over a 100-metre strike length.
About 8 km southeast of the Tallman, Cathedral has outlined a geological resource of 2.8 million tonnes grading 2.06 grams gold on the main Kaburi-Eldorado property.
The resource includes a saprolite resource of 1.2 million tonnes grading 1.79 grams gold to a depth of 25 metres, and a further 1.6 million tonnes grading 2.25 grams in hard rock to a total depth of about 75 metres.
Cathedral holds an option to earn a 90% interest in each of the Kaburi-Eldorado, Tallman and East Kaburi properties.
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