Northern Shield Continues to Advance their Discovery of a Large Epithermal Au-Ag-Te and Porphyry Cu-Mo-Au-Te System, Root & Cellar Property, Newfoundland
Conquest Drilling
The assays confirm gold and silver telluride minerals (Figure 1a) in the southern
Multiple short intersections of anomalous gold, silver +/- tellurium +/- copper were also intersected in drillholes 25RC-23, 24, 25 and 26. Drillhole 25RC-24 veered off course and did not intersect the intended target.
A new analytical package, used for this drilling program, detects Te at lower levels. In the past, the detection limit for Te was 10 ppm Te, suitable for high-grade samples, but not providing the resolution required for using Te as a vector / pathfinder element. The results indicate increasing Te values in gold-bearing structures and hence an important pathfinder element tool for gold mineralization.
Link Between Conquest Gold and Creston Copper Showings
The 2025 drilling program (Figure 2), along with previous drilling, continues to define a "keel-like" zone of near-surface gold mineralization (Figures 3a, b and c), measuring approximately 75 metres-wide, 400 metres-long and 50 metres-deep that is fed, or cross-cut, by the gold-silver-telluride bearing structures. These structures continue to the southwest where they intersect diatreme breccia pipes in the 2 km diameter Creston Porphyry copper anomaly, where soil samples, highly anomalous in Te, overlie the structures (Figure 4).
Epithermal gold and porphyry copper are genetically linked as both are formed from a large magmatic-hydrothermal system. The porphyry copper systems are typically deeper and hotter components of a magmatic-hydrothermal system which evolve upwards to shallower, lower temperature epithermal gold systems.
Creston Copper Porphyry
Recent work points to an underlying polymetallic (Cu-Au-Ag-Mo-Te) porphyry and/or hydrothermal system at
- Chalcopyrite veins and void fillings in diatreme breccia (Figure 5a);
- Fragments of porphyry-style chalcopyrite-molybdenite mineralization, brought up from depth, by the explosive eruption of a diatreme breccia pipe (Figure 5c);
- Quartz blebs, hosting native copper (Figure 5c) and porphyry-type quartz veinlets with chalcopyrite, bornite (Figure 5d) within diatreme breccia;
- The top of a hydrothermal breccia vent anomalous in gold, molybdenite, tellurium and other pathfinder elements (Figure 5e); and,
- A newly exposed rhyolite porphyry stock which carries fine-grained, disseminated chalcopyrite.
A drill permit application for 14 holes designed to test the Creston Porphyry Target, late in the fall or early winter, is in progress. There are sufficient permitted drillholes in the area of drillhole 25RC-33 to follow up on the results to date and trace out the ginguro textures seen in the epithermal veins, a diagnostic feature in low-sulphidation epithermal deposits.
"While the deeper drillholes mostly intersected strong epithermal alteration, we continue to intersect near-surface gold mineralization in the southern
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Samples were analyzed by ALS Global in
About
Forward-Looking Statements Advisory
This news release contains statements concerning the exploration plans, results and potential for epithermal gold deposits, and other mineralization at the Company's Root & Cellar Property , geological, geophysical and geometrical analyses of the properties and comparisons of the properties to known epithermal gold deposits and other expectations, plans, goals, objectives, assumptions, information or statements about future, conditions, results of exploration or performance that may constitute forward-looking statements or information under applicable securities legislation. Such forward-looking statements or information are based on a number of assumptions, which may prove to be incorrect.
Although Northern Shield believes that the expectations reflected in such forward-looking statements or information are reasonable, undue reliance should not be placed on forward looking statements because Northern Shield can give no assurance that such expectations will prove to be correct. Forward-looking statements or information are based on current expectations, estimates and projections that involve a number of risks and uncertainties which could cause actual results to differ materially from those anticipated by Northern Shield and described in the forward looking statements or information. These risks and uncertainties include, but are not limited to, risks associated with geological, geometrical and geophysical interpretation and analysis, the ability of Northern Shield to obtain financing, equipment, supplies and qualified personnel necessary to carry on exploration and the general risks and uncertainties involved in mineral exploration and analysis.
The forward-looking statements or information contained in this news release are made as of the date hereof and Northern Shield undertakes no obligation to update publicly or revise any forward looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.
Neither
Drillhole |
Sample |
From (m) |
To (m) |
*Length (m) |
Au (g/t) |
Ag (g/t) |
Te (ppm) |
Other |
25RC-34 |
337192 |
130.60 |
131.70 |
1.10 |
3.4 |
1.5 |
0.9 |
|
25RC-34 |
337193 |
131.70 |
132.20 |
0.50 |
4.4 |
4.2 |
4.5 |
0.29% Cu |
25RC-34 |
337194 |
132.20 |
132.60 |
0.40 |
0.7 |
2.7 |
3.6 |
|
25RC-34 |
337195 |
132.60 |
133.20 |
0.60 |
0.4 |
2.9 |
2.9 |
0.15% Cu |
25RC-34 |
337196 |
133.20 |
133.60 |
0.40 |
0.6 |
1.2 |
2.1 |
|
25RC-34 |
337197 |
133.60 |
134.10 |
0.50 |
1.7 |
10.0 |
8.6 |
|
25RC-34 |
337198 |
134.10 |
134.50 |
0.40 |
2.0 |
2.1 |
0.7 |
|
25RC-34 |
337199 |
134.50 |
134.95 |
0.45 |
1.7 |
2.0 |
1.4 |
|
|
|
weighted average: |
4.35 |
3.4 |
6.1 |
5.7 |
|
Drillhole |
Sample |
From (m) |
To (m) |
*Length (m) |
Au (g/t) |
Ag (g/t) |
Te (ppm) |
25RC-33 |
337103 |
24.60 |
25.00 |
0.40 |
0.2 |
1.5 |
1.1 |
25RC-33 |
337104 |
25.00 |
25.70 |
0.70 |
0.1 |
1.7 |
1.8 |
25RC-33 |
337105 |
25.70 |
26.55 |
0.85 |
0.2 |
1.8 |
0.9 |
25RC-33 |
337106 |
26.55 |
27.10 |
0.55 |
0.3 |
1.8 |
0.1 |
25RC-33 |
337107 |
27.10 |
28.10 |
1.00 |
0.4 |
1.9 |
0.0 |
25RC-33 |
337108 |
28.10 |
29.25 |
1.15 |
0.4 |
3.9 |
0.5 |
25RC-33 |
337109 |
29.25 |
30.10 |
0.85 |
0.3 |
2.9 |
0.3 |
25RC-33 |
337111 |
30.10 |
31.30 |
1.20 |
0.5 |
6.2 |
1.9 |
25RC-33 |
337112 |
31.30 |
32.35 |
1.05 |
0.7 |
5.2 |
1.5 |
25RC-33 |
337117 |
32.35 |
33.35 |
1.00 |
0.6 |
2.8 |
0.0 |
25RC-33 |
337113 |
33.35 |
34.10 |
0.75 |
0.8 |
2.9 |
0.2 |
25RC-33 |
337114 |
34.10 |
34.70 |
0.60 |
2.2 |
5.8 |
0.0 |
25RC-33 |
337115 |
34.70 |
35.30 |
0.60 |
1.0 |
4.5 |
0.0 |
25RC-33 |
337116 |
35.30 |
36.05 |
0.75 |
2.2 |
5.1 |
0.0 |
25RC-33 |
337118 |
36.05 |
36.85 |
0.80 |
1.7 |
16.7 |
2.6 |
25RC-33 |
337119 |
36.85 |
37.70 |
0.85 |
1.2 |
14.7 |
4.8 |
25RC-33 |
337120 |
37.70 |
38.35 |
0.65 |
0.2 |
1.4 |
0.3 |
25RC-33 |
337121 |
38.35 |
39.40 |
1.05 |
0.0 |
0.6 |
0.2 |
25RC-33 |
337122 |
39.40 |
40.60 |
1.20 |
0.1 |
0.6 |
0.5 |
25RC-33 |
337124 |
41.90 |
43.20 |
1.30 |
0.1 |
0.5 |
0.2 |
25RC-33 |
337125 |
43.20 |
43.60 |
0.40 |
0.6 |
2.0 |
0.9 |
25RC-33 |
337126 |
43.60 |
44.00 |
0.40 |
0.1 |
0.7 |
0.2 |
25RC-33 |
337127 |
44.00 |
44.90 |
0.90 |
1.1 |
1.0 |
0.2 |
25RC-33 |
337128 |
44.90 |
45.35 |
0.45 |
0.2 |
3.9 |
2.1 |
25RC-33 |
337129 |
45.35 |
45.80 |
0.45 |
0.3 |
0.7 |
0.2 |
25RC-33 |
337131 |
45.80 |
46.40 |
0.60 |
0.4 |
1.0 |
0.0 |
25RC-33 |
337132 |
46.40 |
47.35 |
0.95 |
0.6 |
1.1 |
0.3 |
25RC-33 |
337133 |
47.35 |
47.90 |
0.55 |
0.8 |
0.9 |
0.1 |
25RC-33 |
337134 |
47.90 |
48.35 |
0.45 |
0.7 |
0.6 |
0.1 |
25RC-33 |
337135 |
48.35 |
49.00 |
0.65 |
0.8 |
3.9 |
2.1 |
25RC-33 |
337136 |
49.00 |
49.50 |
0.50 |
0.3 |
1.1 |
1.0 |
|
|
weighted average: |
24.90 |
0.6 |
3.4 |
0.8 |
*drill core sample lengths do not represent true widths |
SOURCE