Following in the footsteps of a Soviet exploration crew in the 1980s, International Pursuit (IPJ-T) has confirmed a surface showing of gold mineralization at its Ulzit Gol licence area in west-Central Mongolia.
The Huh Bulagin Hundiy prospect is a gold-Copper skarn occurrence that has been traced by trenching over a 2-km-long intrusive contact between a diabase sill and a limestone unit.
Gold showings on the property are most often concentrated around the edges of intrusive bodies and occupy quartz stockworks, veins and skarn zones.
A set of three trenches along a 40-Metre length of the diabase-limestone contact returned gold grades of 3.7 grams per tonne across a 10-Metre width, 4.5 grams across 8 metres, and 5.7 grams across 6 metres.
Another trench, 600 metres to the west, returned 17.4 grams gold across 10 metres.
Pursuit has finished a geochemical soil survey, covering the entire 2-km length of the contact zone, and is completing magnetic and
induced-polarization surveys over the area. Drilling is scheduled for August.
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