Yankee Hat Confirms Extention of Gold Mineralization and Intersects 6.47 g/t Gold Over 2.43 Meters at the Fran Propertyadmin
Yankee Hat Minerals Ltd. is pleased to provide an update on its drill program at the Fran Property, located in central BC. All eight planned holes have been drilled, with the Company receiving assays for the first three holes confirming the extensions of the known gold zones at depth.
The holes completed at the Fran Property are the first new holes drilled since 2007, and the assay results confirm the continuity of gold mineralization below historical drilling. All three holes assayed to date encountered gold, and the results include 6.47 g/t Au over 2.43m in hole FR-10-081, 9.93 g/t Au over 0.7m in hole FR-10-082, and 1.81 g/t Au over 4.67m in hole FR-10-080.
The current drill program was intended to determine the extent of the mineralized gold zones identified from historic results. In this regard, Yankee Hat has generated a 3D Gemcom model which clearly shows four gold zones extending for over 700 meters along strike. The results from the first three holes confirm and expand these known gold zones which have extended the known zones for up to 140 metres below the historic drilling. The assay results from the remaining 5 holes will be released when available and the 3D Gemcom model accompanied with new long-sections will posted on the Yankee Hat website at www.yankeehatminerals.com.
The gold mineralization is hosted into a series of sub-vertical, northwest trending, structures containing quartz veining and significant pyrite. Assay results from previous drill programs testing the structures include 27.1 g/t Au over 1.3 (FR-07-071), 32.49 g/t Au over 2.1 m (FR-07-074), 17.03 g/t Au over 2.4 m including 25.2 g/t Au over 1.36 m (FR-05-048), 9.43 g/t Au over 8.24 m including 87.97 g/t Au over 0.52 m and 13.86 g/t Au over 0.9 m (FR-06-055).