Stallion Gold Continues to Advance Horse Heaven Gold-Antimony-Tungsten Project in Idaho
July 19 2022 - 7:30AM
Stallion Gold Corp.
(TSX-V: STUD) (OTCQB: SLLGF)
(Frankfurt: HM4) (“
Stallion” or the
“
Company”) is pleased to report ongoing
exploration activities at the Company’s Horse Heaven Project.
Stallion’s 2022 field season started in late May, it is currently
ongoing and will include structural mapping and analysis of the
Golden Gate Shear Zone, CSAMT geophysical surveys and concurrent
drill program permitting.
Through the start of the season Stallion
geologists conducted geological and structural mapping to better
delineate mineralized areas and improve understanding of structural
controls on mineralization within the golden gate shear zone. This
also entailed compilation of historical mapping and sampling
information and will aid interpretation of geochemical and
geophysical surveys as well as optimization of future drilling
activities. Significant outcomes of the project include
identification of both syn- and post- mineralization structural
controls and delineation of multiple fault-bounded prospective
zones of epithermal quartz veins and stockworks. Prospective zones
appear laterally contiguous along strike and are coincident with
elevated gold-in-soils and rock chip sampling from the 2021
geochemical surveys.
Stallion had exploration crews based out of
Salmon, Idaho survey the geophysical grid lines in preparation for
geophysical crew, who are now onsite to conduct a CSAMT survey
along the 3 km long Golden Gate Shear Zone. The CSAMT survey will
generate geophysical data to identify potential mineralized zones
and controlling structures in the subsurface. Combined with surface
mapping and geochemical sampling, the geophysical data will focus
and enhance drill targeting.
William Breen the President and VP of
Exploration for Stallion Gold commented, "The team on the ground at
Horse Heaven has continued to move the project forward and we are
excited to see the combined results of the ongoing exploration as
we work to generate the top priority drill targets."
Permitting on the Golden Gate Shear Zone
exploration drilling program is progressing and US Forest Service
specialists have been on the ground and are compiling all the data
necessary to inform a decision to allow drilling to occur.
The current focus of exploration on the Horse
Heaven project is along the Golden Gate Shear Zone, which hosts
gold and tungsten mineralization, but additional future work will
focus on the antimony occurrence on Antimony Ridge where historical
production of antimony occurred. Exploration at Antimony Ridge will
include geological mapping, rock, and soil sampling to delineate if
and where a geophysical survey would be beneficial to develop
future areas of work. Antimony is classified as a critical mineral
in the USA and efforts to delineate significant occurrences of
strategic minerals that currently have no domestic production
cannot be overlooked, especially with recent inclusion of antimony
as a defense shortfall material by the Department of Defense and
inclusion in the Homeland Acceleration of Recovering Deposits and
Renewing Onshore Critical Keystones Act ("HARD ROCK Act"), a
bipartisan bill to bolster domestic production of critical minerals
released on June 14, 2022.
Qualified Person
William Breen, (Registered Member 04203997
of SME), is the Qualified Person as defined by NI 43-101,
Standards of Disclosure for Mineral Projects, who has reviewed and
approved the scientific and technical content of this press
release. Mr. Breen is an officer of the Company.
About Stallion Gold
Stallion Gold is a mineral exploration company
focused on the exploration of precious metals and critical
minerals. Stallion Gold is using modern exploration techniques to
explore historical and new mineral targets on its expansive land
package in Idaho and Nevada. A strong management team brings
expertise in both the capital markets and the technical talent for
acquiring early-stage property with highly prospective targets.
For more information visit Stalliongold.com
On Behalf of the Board“Drew
Zimmerman”Drew ZimmermanChief Executive Officer(778) 686-0973
Neither the TSX Venture Exchange nor its
Regulation 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.
Except for historical information contained
herein, this news release contains forward-looking statements that
involve risks and uncertainties. Actual results may differ
materially. Except as required pursuant to applicable securities
laws, the Company will not update these forward-looking statements
to reflect events or circumstances after the date hereof. More
detailed information about potential factors that could affect
financial results is included in the documents filed from time to
time with the Canadian securities regulatory authorities by the
Company.
Stallion Uranium (TSXV:STUD)
Historical Stock Chart
From Mar 2024 to Apr 2024
Stallion Uranium (TSXV:STUD)
Historical Stock Chart
From Apr 2023 to Apr 2024