Reunion Gold reports further high-grade trenching results at the Oko West Gold Project, Guyana
02 Marzo 2021 - 6:48AM
Reunion Gold Corporation (TSX-V: RGD) (the "Company") is pleased to
report results from six additional trenches of its ongoing
exploration program at its Oko West Project in Guyana. The best
intercepts are listed below, confirming the discovery of
significant gold mineralization.
Table 1: Significant trench
intercepts (also see Figure 2)
Trench ID |
|
From (m) |
To (m) |
Length (m) |
Gold (g/t) |
T21-024 |
|
82 |
84 |
2.00 |
5.74 |
|
|
98 |
100 |
2.00 |
1.74 |
|
|
120 |
122 |
2.00 |
1.24 |
T21-025 |
|
62 |
64 |
2.00 |
2.39 |
|
|
72 |
73.5 |
1.50 |
0.54 |
T21-026 |
|
8 |
16 |
8.00 |
1.11 |
|
incl. |
10 |
14 |
4.00 |
1.80 |
|
|
36 |
70.5 |
34.50 |
5.59 |
|
incl. |
42 |
60 |
18.00 |
3.32 |
|
incl. |
60 |
61.5 |
1.50 |
61.03 |
|
incl. |
61.5 |
67.5 |
6.00 |
2.13 |
|
incl. |
67.5 |
69 |
1.50 |
15.82 |
|
|
84 |
94 |
10.00 |
0.48 |
|
|
98 |
104 |
6.00 |
0.88 |
|
incl. |
100 |
104 |
4.00 |
1.08 |
T21-027 |
|
150 |
152 |
2.00 |
0.58 |
T21-028 |
|
1 |
4.7 |
3.70 |
0.62 |
T21-029 |
|
54 |
56 |
2.00 |
1.95 |
|
|
98 |
116 |
18.00 |
0.76 |
|
incl. |
108 |
110 |
2.00 |
2.77 |
|
|
126 |
132 |
6.00 |
0.58 |
|
|
152 |
154 |
2.00 |
1.74 |
These six trenches have a total length of 640
meters and 347 channel samples were taken.
On December 9, 2020, the Company had reported
the assay results from 19 trenches completed at Oko West in 2020.
So far, results from 25 trenches with a combined length of
approximately 2,700 meters have been released. The ongoing
trenching program continues to expand the footprint of three
mineralized shear zones discovered in 2020, and the Company plans
to test the entire 6-km long geochemical gold anomaly coinciding
with a granite and volcanic contact (Figure 1). Gold mineralization
is found in north-south shear zones straddling the contact of
weathered granitic and volcanic rocks (Figure 2), with frequent
intercalation of lithological units, and associated with quartz
veining and alteration minerals like pyrite and sericite.
On February 18, 2021, the Company had reported
assay results from its initial 1,000-meter diamond drilling program
at Oko West. The Company also plans to conduct another diamond
drilling campaign to test the encouraging gold mineralization found
in the trenches further in the year.
Oko West is part of a group of permits in the
Cuyuni River basin covering an area of 9,420 acres where the
Company has an option to acquire a 100% ownership interest.
Sample collection, assaying and data
management
Channel samples were taken horizontally and
continuously in in-situ weathered rocks (saprolite) at regular
intervals on trench walls. Reunion considers channel samples as
sub-horizontal "drill holes" given their continuity and
representative rock mass. Samples were sealed in plastic bags and
shipped to the Actlabs certified laboratory in Georgetown, Guyana,
respecting the best chain of custody practices. At the laboratory,
samples were dried, crushed up to 80% passing 2 mm, riffle split
(250 g), and pulverized to 95% passing 105 μm, including cleaner
sand. 50 g of pulverized material is fire assayed by atomic
absorption (AA). Initial assays with results above 3,000 ppb gold
are re-assayed with gravimetric finish. Assay data is subject to
QA/QC using acQuire software and management by an independent
consultant.
Qualified Person
The technical information in this press release
has been reviewed and approved by Carlos. H. Bertoni, P.Geo., the
Company's Acting CEO. Mr. Bertoni is a qualified person under
Canadian National Instrument 43-101.
Cautionary Statement
This press release contains certain
forward-looking information or forward-looking statements as
defined in applicable securities laws. Forward-looking statements
are not historical facts and are subject to several risks and
uncertainties beyond the Company's control, including statements
regarding plans to complete trenching, drilling and other
exploration programs, potential mineralization, exploration results
and statements regarding beliefs, plans, expectations or intentions
of the Company. Resource exploration and development is highly
speculative, characterized by several significant risks, which even
a combination of careful evaluation, experience and knowledge may
not eliminate. All forward-looking statements herein are qualified
by this cautionary statement. Accordingly, readers should not place
undue reliance on forward-looking statements. The Company
undertakes no obligation to update publicly or otherwise revise any
forward-looking statements whether as a result of new information
or future events or otherwise, except as may be required by
law.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accept responsibility for the
adequacy or accuracy of this press release.
About Reunion Gold
Reunion Gold Corporation is a leading gold
explorer in the Guiana Shield, South America, with a portfolio of
projects in Guyana, Suriname and French Guiana. The Company's
common shares are listed on the TSX Venture Exchange under the
symbol 'RGD.' Additional information about the Company is available
on SEDAR (www.sedar.com) and the Company's website
(www.reuniongold.com).
For further information, please
contact:REUNION GOLD CORPORATION Carlos H.
Bertoni, acting CEO orPaul Fowler, Manager, Corporate
DevelopmentTelephone: +1 450.677.2585Email:
info@reuniongold.com
Figure 1: Map of Oko West project area schematic geology,
permits outlines and shear zones discovered (red dashed lines). The
map also shows a soil geochemical grid underway to test the
volcanic / granitoid contact in the southern part of the project
area.
Figure 2: Map of the Oko West easternmost portion of the project
area, showing schematic geology, trench and drill sampling results
(*), and mineralized shear zones discovered. Trench results in this
press released are highlighted in yellow.
(*) Composites calculated using these parameters:
- Minimum composite grade: 0.4 g/t
- Minimum composite length: 2 m
- Cut-off of an interval to be included in composite: 0.4
g/t
- The maximum length of internal waste: 2 m
Reunion Gold (TSXV:RGD)
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