Harfang is drilling 3,500 m on its Serpent Project (James Bay, Québec)
August 31 2021 - 7:00AM
Harfang Exploration Inc. (“
Harfang”) (TSX-V: HAR)
is pleased to announce that a drilling program has commenced on its
100% owned Serpent Project located in Eeyou Istchee – James Bay
(Québec). This second diamond drill campaign consists of 3,500 m
(initially-planned at 2,500 m) that will mainly test a series
of high priority targets up-ice of the gold-in-till anomaly where
surface gold showings and drilled auriferous shear zones are known
(Figure 1). Other newly developed targets will be drill-tested.
The drilling program was initiated around the
marshland area directly up-ice of the >8 km2 gold-in-till
anomaly where many drillholes done during winter 2021 hit gold
intervals (Figure 2). Table 1 lists the most significant gold
intercepts obtained during that maiden campaign (4,336 m; 27
drillholes). Known gold intervals will be drilled laterally and at
depth on approximately 50 m centers.
Table 1. Most significant gold intervals (metal
factor >5) from the winter 2021 drill program.
Hole |
From (m) |
To (m) |
Core Length (m)* |
Au (g/t) Uncut |
SER-21-002 |
|
|
|
|
|
17.00 |
17.70 |
0.70 |
47.10** |
|
112.55 |
127.75 |
15.20 |
1.44 |
including |
112.55 |
114.00 |
1.45 |
6.74 |
including |
126.00 |
127.75 |
1.75 |
4.20 |
SER-21-011 |
|
|
|
|
|
5.50 |
6.50 |
1.00 |
5.61 |
SER-21-013 |
|
|
|
|
|
5.50 |
13.00 |
7.50 |
3.47 |
including |
6.25 |
9.45 |
3.20 |
6.98 |
SER-21-017 |
|
|
|
|
|
178.40 |
198.00 |
19.60 |
1.19*** |
including |
190.20 |
196.10 |
5.90 |
3.61 |
SER-21-020 |
|
|
|
|
|
84.30 |
91.00 |
6.70 |
1.07 |
|
104.85 |
106.80 |
1.95 |
3.81 |
SER-21-023 |
|
|
|
|
|
23.80 |
25.60 |
1.80 |
4.51 |
|
163.10 |
164.60 |
1.50 |
5.56 |
SER-21-027 |
|
|
|
|
|
97.70 |
101.70 |
4.00 |
2.55 |
*The true thickness of reported intervals cannot
be determined with the information currently available.** Metallic
sieve result which includes 247 g/t Au (coarse fraction) and 29.5
g/t Au (fine fraction).*** New calculated interval.
We recall that mineralized zones are mainly
hosted in sheared mafic dykes and diorite associated with quartz
veins. Gold grades are dominantly explained by coarse and free gold
grains in rocks containing minor sulfides (typically <2%
pyrite). Gold occurrences at surface and in drillholes appear to be
controlled by two sets of structural corridors. The more extensive
one refers to a series of pluri-kilometric and sub-parallel
lineaments striking approximately N285°, and included into the Stu
structural domain. The other network is defined by multiple NE-SW
(N230°-250°) shear zones hosting the major gold showings on the
property (e.g. Moby-Dick, 7.78 g/t Au over 6.15 m).
Ongoing Surface Program
Our field crew is active on the Serpent Project
since early June combining prospecting, mechanical trenching,
channel sampling and soil sampling. A total of 28 trenches were
completed allowing the discovery of the largest shear zone and
quartz vein system on the property so far (Figure 3). That
structure, named Tetras, strikes into a N230° direction and was
outlined over more than 1 km. It is located 250 m northwest of the
sub-parallel Moby-Dick structure. The soil (B-horizon) survey is
designed to extend the previous one which returned impressive gold
values (up to 1.54 g/t Au) over the gold-in-till anomaly.
Prospecting and geochemical surveys (soil and till) will also be
conducted during fall. Analytical results from summer activities
will be disclosed as they become available.
Harfang considers that new gold-rich zones have
yet to be discovered underneath and in the vicinity of the
marshland since the gold-rich nature of glacial sediments has not
yet been explained. LaSalle Exploration recently disclosed high
gold grades along the Goldhawk structure which most likely extends
into our property (see news release “Radisson Property Goldhawk
Zone Extended, Grab Samples to 90 g/t Gold, Two Parallel Gold Zones
Discovered” dated August 24, 2021). This finding opens up a new
interesting sector at Serpent for further prospecting and potential
drilling.
To view FIGURES 1 to 3,
please click here.
The technical and scientific information in this
press release has been prepared and approved by François Huot,
P.Geo, Vice President Exploration at Harfang, a “qualified person”
as defined by NI 43-101.
Quality control
Rock samples discussed in this press release
were sent to ALS (Val-d’Or, Québec) to be analyzed for gold and 33
other chemical elements. Gold was analyzed by atomic absorption
following fire assaying on a 30-g sample fraction (Au-AA23). Other
elements were analyzed using the four-acid ICP–AES method
(ME-ICP61). Samples with >3 g/t Au were reanalyzed with a
gravimetric finish (Au-GRA21). Metallic sieve analyses followed the
Au-SCR21 procedure. Sample preparation and analytical determination
were performed in various ALS laboratories.
The sampling procedures and the quality control followed
protocols developed by Harfang and ALS. Preliminary data
interpretation was done by Harfang.
About Harfang
Harfang is a mining exploration company whose
primary mission is to discover new gold districts in the province
of Québec. Harfang's development model is based on the generation
of new mining projects and on the establishment of partnerships
with major exploration and mining companies to advance its
exploration projects.
For further information:
François GouletPresident and Chief Executive
OfficerTel: 514 940-0670 #339Email: fgoulet@harfangexploration.comWeb :
www.harfangexploration.com
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Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
This press release may contain forward-looking
statements that are subject to known and unknown risks and
uncertainties that could cause actual results to vary materially
from targeted results. Such risks and uncertainties include those
described in Harfang’s periodic reports including the filings made
by Harfang from time to time with securities regulatory
authorities.
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