Warrior Gold Initiates Goodfish-Kirana Summer Prospecting Program
Toronto, Ontario - June 25, 2019 – Warrior Gold Inc. (“Warrior Gold” or the “Company”) (TSX-V - WAR) is pleased to report its summer prospecting program is now underway. “These exploration activities build on both the geological information obtained from the Company’s recently completed drill program and follow up work on previous promising exploration activity,” reported Tom Neelands, the Company’s Chief Geologist. This current program has been designed to specifically test four promising targets described in more detail below.
Field work will focus primarily on four potential structures as shown on Map 1.
a) The Easterly Extension of the Goodfish ‘A’ Zone. (The ‘A’ Zone is divided into the East and West Zones by the NS-trending Airport Road). During this past winter, the West Zone extension was successfully drilled with positive results (see our June 6, 2019 news release). The LiDAR survey indicates extensive historical pitting/trenching in the East Zone.
b) The Kirana Deformation Zone (“Kirana DZ”) which was extended by another 1,000 m to the west south-west with the addition of the Deloye Patents. Prospecting around the areas of the Deloye Shafts #1 and #2 will complement the mechanical trenching that was completed in the Fall of 2018.
c) The Easterly Extension of the Kirkland Lake Break (“KLB”) which crosses the south-east corner of the property. This includes the nearby Ed Hargreaves shafts and veins. Government mapping and previous drilling indicate that both the KLB and Ed Hargreaves workings dip north onto Warrior Gold’s property.
d) A strong four km-long east-west trending aeromagnetic lineament was identified by the detailed (50 m line-spacing) aeromagnetic survey flown in the spring of 2018 by Warrior Gold. The historical Violette Au-Mo shaft is the only exploration on record. The “Violette” Lineament has a geophysical signature similar to the Kirana DZ.
Danièle Spethmann, Warrior CEO emphasized, ”We are really pleased by our recent drill results and the initiation of this ‘boots on the ground’ program. As one of the most effective exploration techniques, it will continue to add valuable data to our geological understanding and drill hole targeting of this large and very promising land package. We believe the current rising interest in global gold markets will begin to reflect positively on promising juniors - particularly those in high quality gold producing camps that are located in secure jurisdictions.”
The technical information contained in this news release has been approved by Tom Neelands, P.Geo., the Chief Geologist for Warrior Gold, a Qualified Person as defined in National Instrument 43-101, Standards of Disclosure for Mineral Projects.
About Warrior Gold Inc.
Warrior Gold, a TSX Venture Exchange listed Company, owns the Goodfish-Kirana Property located five km from the Town of Kirkland Lake, Ontario. The Property is located in the historic Kirkland Lake Gold Camp which is situated in the prolific Abitibi Greenstone Belt, recognized as one of the world’s highest grade greenstone belts with over 200 million ounces of gold produced to date.
The Goodfish-Kirana Property is 11.5 km long by roughly three km wide (34 km2) and contains three major structural trends: the east-west trending Kirana Deformation Zone; the north north-east trending Goodfish ‘B-C’ Zones; and the Victoria Creek Deformation Zone on the recently acquired Sutton claims on the northeast side of the property. The Property contains numerous historical gold showings, as well as 18 historical pits and shafts.
Danièle Spethmann, P.Geo.
President & CEO
+1 647 344-3433
+1 604 220-2000
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