Clarity Gold Corp. (“
Clarity” or the
“
Company”) (CSE: CLAR, FSE: 27G, OTC: CLGCF) is
pleased to provide an update from previously announced site visits
to the Empirical, Tyber, and Gretna Green projects. The objective
of these initial reconnaissance programs was to review the geology
and mineralization, locate and verify historic mineral showings,
and plan for further exploration on the recently expanded portions
of the Empirical Property and the newly acquired Tyber and Gretna
Green Projects.
The Programs were successful in locating
recently acquired historic workings on the Empirical and Tyber
projects with sampling corroborating historic information and
mineralization at several of the showings. Descriptions of grab
samples and the located showings are summarized below. Additional
planning and compilation work is underway.
Empirical Project
At the Company’s flagship 10,518 ha Empirical
Project, 12 km south of Lillooet, BC, a team of three spent three
days on site mapping out road access and locating historic mineral
showing where previous work identified mineralization. In the
eastern extension, the team was successful in locating and
confirming mineralization at two of the more extensively worked
showings, namely the Rickhill and Mud showings. In the western
expansion claims, the FYP showing was located. A total of 10 grab
samples were collected from the three showings visited and results
are presented in Table 1 below.
Historic Work
The Rickhill Showing has seen several campaigns
of historic work. In 1959, six surface rock samples averaged 0.95%
copper over 12.9 meters (Minfile 092INW022). Elevated copper in
soil samples indicate that this zone of copper mineralization may
be extended up to a total of 30 m (Skerl, 1959). In 1970, 538 soils
were collected with copper intensities ranging between 6 ppm to 212
ppm (Assessment report 02530). The Mud showing (Minfile 092INW025)
has historic work reported dating back to 1959 where 5 outcrops of
copper mineralization are described to occur over a distance of
approximately 1.6 km. Historic Work consisted of bull dozer
trenching, limited geophysical and geochemical surveys and 355m of
percussion drilling.
At the FYP showing, where historic samples taken
from quartz veins have assayed up to 0.32% molybdenum and 0.35 g/t
gold (Nelson, J. (1985-10-01): B.C. Gold Reconnaissance 1985 -
Lillooet Project - Final Report; Assessment Report 30875; Minfile
092ISW109, 092ISW110). Previous work has focused on the area’s
molybdenum potential, with minimal exploration for gold.
2020 Grab Samples
Table 1 - Grab Sample results from the Empirical Project
expansion claims, numbers are rounded. The reader is cautioned that
grab samples are selective by nature and may not represent the true
grade or style of mineralization across the property.
Project |
Showing Name |
Description |
Sample ID |
Gold (ppb) |
Copper (%) |
Molybdenum
(ppm) |
Silver (g/t) |
Empirical |
N/A |
Approx. 20cm wide qtz vein 225/65 in equigranular diorite with
minor chalcopyrite and malachite staining. |
3297501 |
1.9 |
0.27 |
55.5 |
5.5 |
Empirical |
N/A |
Host to 3297501, diorite with trace disseminated sulfide weathering
to malachite. |
3297502 |
0.2 |
0.17 |
1.9 |
0.05 |
Empirical |
Rickhill |
Sample from outcrop at Rickhill Showing in historic blast
trench |
3297503 |
15.7 |
0.95 |
1.9 |
12.2 |
Empirical |
Rickhill |
Sample from outcrop at Rickhill Showing in historic blast
trench |
3297504 |
29.8 |
1.97 |
1.3 |
15.6 |
Empirical |
Rickhill |
Sample from outcrop at Rickhill Showing in historic blast
trench |
3297505 |
6 |
1.13 |
0.8 |
10.6 |
Empirical |
Rickhill |
Sample from outcrop at Rickhill Showing in historic blast
trench |
3297506 |
22.1 |
1.26 |
9.7 |
15.1 |
Empirical |
MUD |
Sample from outcrop in historic trench |
3297508 |
4 |
0.54 |
0.8 |
4.7 |
Empirical |
MUD |
Sample from outcrop in historic trench |
Y995703 |
2.5 |
0.11 |
4 |
1.2 |
Empirical |
MUD |
Sample from outcrop in historic trench |
Y995704 |
2.5 |
0.32 |
6 |
3.8 |
Empirical |
FYP |
Quartz Vein |
Y995705 |
23 |
- |
3 |
0.1 |
Tyber Project
The field team visited the 928 ha Tyber
gold-copper-silver project (the “Tyber Project”)
located approximately 18 km southwest of Parksville, BC. The visit
was comprised of one day on the project with a crew of four. Access
roads and trails were mapped, and a recently constructed logging
road was prospected. The crew prospected the area of the main
showing and successfully located one of two historic adits which
has caved in, and only the waste dump was accessible. Two samples
where collected from the waste dump and two grab samples of quartz
vein material were collected. Results are presented in Table 2.
Historic Work
Historic rock samples taken from the property
between 1916 and 1986 assayed up to 2.328 oz/t Au (from historic
adit dump), 16% Cu and 305.5 oz/t Ag (1916 BC Mines Annual Report;
Minfile 092F236). The Tyber Project consists of several mineralized
shear zones ranging from less than 0.30 m to 2.60 m. Two historical
adits on the Tyber Project, believed to be targeting mineralized
quartz veins within local shear zones, extend approximately 14 m
and 47 m in length (1981 Assessment Report 09432).
2020 Grab Samples
Table 2 - Grab Sample results from the Tyber Project, numbers
are rounded. The reader is cautioned that grab samples are
selective by nature and may not represent the true grade or style
of mineralization across the property.
Project |
Showing Name |
Description |
Sample ID |
Gold (ppb) |
Copper(%) |
Silver (g/t) |
Tyber |
TYBER |
Strongly altered and weathered core of quartz-carbonate vein |
3293806 |
13.4 |
- |
0.1 |
Tyber |
TYBER |
Quartz vein with approx. 2% pyrite |
3293807 |
4.8 |
- |
0.05 |
Tyber |
TYBER |
Select sample of waste dump at the adit. |
Y995701 |
22 |
0.18 |
3.5 |
Tyber |
TYBER |
Select sample of waste dump at the adit. |
Y995702 |
296 |
3.89 |
41.1 |
Gretna Green Project
The field team visited the 1,331 ha Gretna Green
gold-copper-silver project (the “Gretna Green
Project”) located approximately 24 km Southwest of Port
Alberni. Due to a generalized description from the historic report
in 1921, the team was unable to locate the site where a selected
sample assayed 48.00 grams per tonne gold, 51.43 grams per tonne
silver and 17.8 percent copper (Minister of Mines Annual Report
1921; Minfile 092F24). The team collected five grab samples with
weakly anomalous gold values ranging from 9 ppb to 53 ppb.
The Clarity Gold Corp. Qualified Person has not
verified the results of the historic exploration and sampling at
the Gretna Green Project, additional sampling would be required to
verify the data.
For further information on the projects
including images from the recent site visit please refer to the
Company’s website (www.claritygoldcorp.com).
Note: the reader is cautioned that grab rock
samples and their respective photographs are selective by nature
and may not represent the true grade or style of mineralization
across the Property.
Quality Assurance and
Control
Five rock grab samples (Y995701-Y995705) were
collected by Rory Kutluoglu, P.Geo., secured with zip ties and
remained in his custody until personally delivered for analysis to
ALS Global Laboratories (Geochemistry Division) in Vancouver,
Canada (an ISO 9001:2008 accredited facility). Additional sampling
undertaken by Longford Exploration personnel following procedures
reviewed or supervised by Rory Kutluoglu, P.Geo and Qualified
Person for Clarity Gold Corp. A secure chain of custody was
maintained in transporting and storing of all samples. Gold was
assayed using a fire assay with atomic emission spectrometry and
gravimetric finish when required (+10 g/t Au). Analysis by four
acid digestion with 48 element ICP-MS analysis was conducted on all
samples with silver and base metal overlimits re-analyzed by atomic
absorption or emission spectrometry. ALS Laboratories practices
stringent Quality Control Protocols for exploration and ore grade
samples which includes insertion of sample reduction blanks and
duplicates, method blanks, weighted pulp replicates and reference
materials.
Fourteen rock grab samples (3297501-3297508,
3293801-3293807) were collected by Longford Exploration personnel
following procedures reviewed or supervised by Rory Kutluoglu,
P.Geo and QP for Clarity Gold Corp. Samples were secured with zip
ties and remained in custody of Longford Exploration until
delivered for analysis to Bureau Veritas Minerals (“BV”) in
Vancouver, Canada (an ISO 17025 9001:2008 accredited facility). A
secure chain of custody is maintained in transporting and storing
of all samples. Gold was assayed using a fire assay with atomic
emission spectrometry and gravimetric finish when required (+10 g/t
Au). Analysis by aqua regia digestion with 36 element ICP-MS
analysis was conducted on all samples with silver and base metal
overlimits re-analyzed by atomic absorption or emission
spectrometry. BV practices stringent Quality Control Protocols for
exploration and ore grade samples which includes insertion of
sample reduction blanks and duplicates, method blanks, weighted
pulp replicates and reference materials.
Rock chip samples from outcrop/bedrock are
selective by nature and they may not be representative of the
mineralization hosted on the project.
Qualified Person
Mr. Rory Kutluoglu P. Geo. is the Qualified
Person (“QP”) under NI 43-101 for the technical
information in this news release and has reviewed the appropriate
and available data for the Empirical Project and approves the
technical contents of this news release. The QP was part of the
crews which conducted the site visits but cannot currently validate
the historical databases nor the results of the historical work
presented herein.
About Clarity
Clarity Gold Corp. is a Canadian mineral
exploration company focused on the acquisition, exploration and
development of gold projects in Canada. The Company is focused on
the exploration of its 10,518 ha Empirical Project located
approximately 12 km south of Lillooet, BC, and has recently
expanded its mineral property portfolio with the acquisitions of
the Tyber and Gretna Green projects, both located on Vancouver
Island, British Columbia. The Company is based in Vancouver,
British Columbia, and is listed on the CSE under the symbol “CLAR”.
To learn more about Clarity Gold Corp. and its projects please
visit www.claritygoldcorp.com.
ON BEHALF OF THE BOARD
“James Rogers”
Chief Executive Officer
Tel: 1 (833) 387-7436
Email: info@claritygoldcorp.com
Website: www.claritygoldcorp.com
CAUTIONARY STATEMENT REGARDING
FORWARD-LOOKING INFORMATION: This news release
includes certain “forward-looking statements” under applicable
Canadian securities legislation. Forward-looking statements consist
of statements that are not purely historical, including any
statements regarding beliefs, plans, expectations or intentions
regarding the future. Such forward-looking statements in this news
release include, but are not limited to, statements regarding that
the new advisory board member’s technical experience and track
record of management and project evaluation will be immensely
valuable to the Company. Such statements are subject to risks and
uncertainties that may cause actual results, performance or
developments to differ materially from those contained in the
statements, including risks related to factors beyond the control
of the Company. No assurance can be given that any of the events
anticipated by the forward-looking statements will occur or, if
they do occur, what benefits the Company will obtain from them.
There can be no assurance that such statements will prove to be
accurate, as actual results and future events could differ
materially from those anticipated in such statements. Risks that
could change or prevent these statements from coming to fruition
include, but are not limited to, general market conditions and
other factors beyond the direct control of the Company.
Accordingly, readers should not place undue reliance on
forward-looking statements. The Company disclaims any intention or
obligation to update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise,
except as required by law.
The Canadian Securities Exchange (operated by
CNSX Markets Inc.) has neither approved nor disapproved of the
contents of this press release.
Clarity Gold (CSE:CLAR)
Historical Stock Chart
From Nov 2024 to Dec 2024
Clarity Gold (CSE:CLAR)
Historical Stock Chart
From Dec 2023 to Dec 2024