Shabaqua Au - ON
The property is located within the Shebandowan Greenstone Belt, approximately 54 km west of Thunder Bay, Ontario near Shabaqua Corners, on trend to Delta Resources Delta 1 project. The property has seen very little exploration work.
The project is underlain by mafic volcanics with interbedded sediments returning surface grab samples by the vendors ranging from nil to 54.51g/t Gold Au with visible gold. Gold mineralization is hosted within an east-west trending zone of pervasive carbonate alteration with associated quartz carbonate veins and pyrite. (Note: The surface grab samples described in this news release are selective by nature and are unlikely to represent average grades of the property. Assay results from the Property in this news release are historical in nature and have not been verified by the Company.)
The eastern boundary of the property is located 1.57 kilometers(km) west of Delta Resources (DLTA) drill hole DL-22-18 which returned an intercept of 5.92 g/t Au over 31m (Source: Delta New Release October 31, 2022). Trenching conducted on Delta’s ground 390m east of the property boundary, returned an interval of 2.22 g/t Au over 8m (Source: Delta Resources Website).