Announcement Date: 2023-06-07
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Angus Gold Inc.
Project name: Golden Sky
Location: Canada
Commodities: Gold
Highlight: Drilling results incl. 16m at 2.8g/t Au from 181m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: TORONTO, June 7, 2023 – ANGUS GOLD INC. (TSX-V: GUS | OTC: ANGVF) (“Angus” or the “Company”) is pleased to announce assay results from the final (15) fifteen holes of its winter 2023 drill program at the Golden Sky Project in Wawa, Ontario. Nine of the fifteen holes were drilled as infill holes at 25-metre spacing within the historic resource area and were planned to test for the potential of high-grade ore shoots within the Dorset Gold Zone based on a newly interpreted geologic model. Results from all nine (9) holes were successful at intersecting Dorset style Au mineralization within the Dorset Zone resource area and in some areas has significantly improved upon the historic drilling results, including GS-23-73, which intersected 2.8 g/t Au over 16.0 metres, including 5.1 g/t Au over 8.0 metres, and GS-23-72, which returned an interval of 2.2 g/t Au over 16.0 metres including 3.4 g/t Au over 6.0 metres and 5.6 g/t Au over 1.0 metre. Additionally, three (3) holes and one (1) drillhole extension were completed on the Dorset East strike extension area with hole GS-23-77 intersecting 1.0g/t Au over 10.0 meters. Results from the winter drilling continue to help delineate new areas of Dorset-style mineralization.
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