| Announcement Date: | 2022-10-25 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | NI43-101 |
| Company name: | Kestrel Gold Inc. |
| Project name: | QCM |
| Location: | Canada |
| Commodities: | Gold |
| Highlight: | Drilling results incl. 44.19m at 2.33g/t Au from 3.05m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Calgary, AB, October 25th, 2022: Kestrel Gold Inc. (“Kestrel” or the “Corporation”, TSX-V: KGC) is pleased to announce results for holes QCM22-9, 10 and 11, from the Corporation’s 2022 six-hole second phase reverse circulation (“RC”) drill program at the QCM property. These three holes followed up positive results from 2022 first phase holes QCM22-4, 6 and 8 that tested prospecting targets. Results for the remaining three second phase holes that were completed at the QCM Zone will be released once full analytical results have been received and interpreted. The QCM property is being explored for near surface, bulk tonnage gold mineralization. Drilling was completed using a RC drill that cut a 92 millimeter (3.62 inch) in diameter hole. Holes were sampled top to bottom in 1.52 metre (5 foot) intervals. Drill cuttings were captured in a cyclone then split in a three-tiered Jones-type riffle splitter. Samples were sent to ALS Chemex, an independent laboratory in Vancouver B.C. where analytical results were obtained using AuAA23, a fire assay method for gold, |
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