| Announcement Date: | 2021-11-15 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | NI43-101 |
| Company name: | AurCrest Gold Inc. |
| Project name: | Ranger Lake |
| Location: | Canada |
| Commodities: | Gold,Silver,Copper,Iron |
| Highlight: | Drilling results incl. 1m @ 2ppb Au, 57.6ppm Ag, 313ppm Cu, 6.8% Fe from 12m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Toronto, Ontario, November 15, 2021 – AurCrest Gold Inc. (the “Company” or “AurCrest”) (TSX:AGO) would like to thank shareholders for their patience given the industry-wide support service delays and provide drill hole assay results from the Spring-Summer 2021 program on the 100% owned Ranger Lake property, Ontario (“Ranger Lake” or the “Property”). Nine (9) diamond drill holes positioned off 3 drill pad locations were designed to test one (1) of three (3) high priority targets interpreted from favorable CARDS AI information, regional and property scale airborne aeromagnetic contrasts associated with the CARDS anomalies, SGH (spatiotemporal geochemical hydrocarbon) analysis and modeling of high Au pathfinder results, and mapping of geological and structural features in sparse outcrop exposures (Figures 1 and 2). A total of 1,683 metres of NQ core were completed (Table 1). Drill hole orientations also were guided by 3D plotting of sulphide intersection observed during ongoing drilling. |
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