Announcement Date: 2023-05-31
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Goldflare Exploration Inc.
Project name: Goldfields
Location: Ecuador
Commodities: Gold
Highlight: Drilling results incl. 7.05m at 15.36g/t Au from 24m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Piedmont (Quebec), May 31st, 2023 – Goldflare Exploration Inc. (TSXV: GOFL) (“Goldflare” or “the Company”) announces the results of three drill holes from a seven (7) drill hole program totaling 1,816 meters on the Goldfields property, 100% owned by the company. The property is located 35km northeast of the city of Rouyn-Noranda, Quebec. The objective of the program was to validate historical grades and to understand the geometry of known mineralization (see press release of May 3, 2023). The Goldfields property contains a high density of historic drilled gold showings, hosted along the extension of the Porcupine-Destor fault. Iamgold Corporation is currently in the pit development of the Fayolle zone, located approximately 700 meters east of Goldflare’s drill program.
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