WestKam Gold Corp. Provides Exploration Update
July 29 2021 - 7:44AM
WestKam Gold Corp. (TSX-V: WKG) (the
“
Company” or
“WestKam”), WestKam
reports that an Area Restriction Order has been issued by the BC
Wildfire Service for the Spark Lake Wildfire Area, effective July
26, 2021, which encompasses the Bonaparte Claim Group. The Area
Restriction Order is in place to protect the public in areas where
there are continued fire suppression activities.
Matt Wayrynen, President and CEO of WestKam Gold Corp., states,
“WestKam is disappointed that it may be unable to undertake
exploration activity on its Bonaparte Property as planned in 2021.
The Area Restriction Order is currently in effect until October 15,
2021, which seriously impacts our proposed drill program due to the
onset of usual winter conditions. Obviously, the safety of the
public and our work crews take priority. If the current conditions
improve and snow pack allows, the Company’s drill permit is valid
until November 2021 and every effort will be made to complete the
drill program as planned.”
The exploration program was designed to evaluate both soil
geochemical and chargeability / resistivity IP anomalies associated
with fault structures located 700m southeast of the “Discovery
Zone.” At this site a fence of five (5) drill holes oriented
near east-west, each at 150m in length is proposed. Two additional
drill holes are proposed at the east end of the five-hole drill
fence to test chargeability/resistivity and soil geochemical
anomalies. The drill holes are located along the Cooler Creek
logging access trail. Three additional drill holes are also being
proposed located at the site of drill hole 2015-05 located to the
east of the Discovery Zone along the Goose Lake F.S.R. The purpose
of these drill holes is to determine the strike and dip of a gold
bearing quartz vein intersected in 2015. The proposed drill program
above totals 10 NQ diamond drill holes totaling 1,500m.
About WestKam Gold Corp.
WestKam is a Canadian gold exploration company focused on
developing the Bonaparte Gold Project near Kamloops, British
Columbia. Additional information can be found on the Company’s
website at www.westkamgold.com.
Technical information in this news release has been reviewed by
R. Kemp, P. Geo, a Qualified Person as that term is defined in NI
43-101.
ON BEHALF OF THE BOARD OF DIRECTORS
“Matt Wayrynen”
Matthew J.
Wayrynen, President & CEO
WestKam Gold Corp.Suite 900, 570 Granville
StreetVancouver, BC V6C 3P1 |
Contact: |
Investor Relationsir@westkamgold.comwww.westkamgold.com |
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in policies
of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this
release.
Forward-looking information
All statements included in this press release
that address activities, events or developments that the Company
expects, believes or anticipates will or may occur in the future
are forward-looking statements. In particular, this news release
contains forward-looking information regarding the Offering and the
use of proceeds of the Offering. These forward-looking statements
involve numerous assumptions made by the Company based on its
experience, perception of historical trends, current conditions,
expected future developments and other factors it believes are
appropriate in the circumstances. These assumptions include, but
are not limited to: TSXV acceptance of the Offering; future costs
and expenses being based on historical costs and expenses, adjusted
for inflation; and market demand for, and market acceptance of, the
Offering. In addition, these statements involve substantial known
and unknown risks and uncertainties that contribute to the
possibility that the predictions, forecasts, projections and other
forward-looking statements will prove inaccurate, certain of which
are beyond the Company’s control. Readers should not place undue
reliance on forward-looking statements. Except as required by law,
the Company does not intend to revise or update these
forward-looking statements after the date hereof or revise them to
reflect the occurrence of future unanticipated events.
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