Harfang reports significant gold intervals in drillholes and defines a regional gold footprint at Serpent (James Bay, Québec)
December 01 2021 - 8:00AM
Harfang Exploration Inc. (“
Harfang”) (TSX-V: HAR)
is pleased to report significant gold intervals in the first
drillholes completed during summer 2021 on its wholly owned Serpent
Property (“Property”) located in Eeyou Istchee – James Bay (Québec)
(Fig. 1, Table 1). These mineralized intervals confirm lateral
extension of known gold structures (Fig. 2). Other analytical
results are pending. A 3rd drill program will begin in January
2022.
Highlights:
- Drillhole SER-21-029 returned 4.09
g/t Au over 8.00 m;
- Drillhole SER-21-035 returned 4.33
g/t Au over 7.00 m and additional gold intervals (most mineralized
drillhole so far);
- Main gold-bearing Stu structure
extended for at least 425 m;
- A large gold footprint
(10 km2, >50 ppb Au) defined at surface and at depth;
- WNW-ESE gold structures outlined on
Serpent extend into LaSalle Exploration’s Radisson property
totaling at least 10 km in length.
Promising Drill Results
Table 1. All gold intervals in drillholes
SER-21-028 to SER-21-035 with a metal factor >2 (g/t x m). Bold
intervals have a metal factor >20.
Hole |
From (m) |
To (m) |
Core Length (m)* |
Au (g/t) Uncut |
SER-21-028 |
18.85 |
21.00 |
2.15 |
1.29 |
SER-21-029 |
|
|
|
|
|
9.00 |
17.00 |
8.00 |
4.09 |
including |
9.60 |
12.20 |
2.60 |
10.62 |
SER-21-030 |
|
|
|
|
|
166.00 |
168.00 |
2.00 |
1.59 |
SER-21-032 |
|
|
|
|
|
38.30 |
39.30 |
1.00 |
2.69 |
SER-21-033 |
|
|
|
|
|
47.00 |
47.50 |
0.50 |
5.52 |
SER-21-035 |
|
|
|
|
|
50.00 |
57.00 |
7.00 |
4.33 |
including |
50.00 |
53.85 |
3.85 |
5.65 |
|
71.70 |
73.45 |
1.75 |
1.55 |
|
98.60 |
100.00 |
1.40 |
2.34 |
|
124.00 |
130.00 |
6.00 |
1.11 |
*The true thickness of reported intervals cannot
be determined with the information currently available.
The most significant intervals in SER-21-029
(4.09 g/t Au over 8.00 m) and SER-21-035
(4.33 g/t Au over 7.00 m) consist in fine to
medium-grained diorite containing 1-3% disseminated pyrite and
actinolite-feldspar-quartz veinlets (Figs. 3 and 4). Decimetric
tension quartz veins are present in SER-21-029. Gold grades are
most likely associated with the amount of pyrite rather than with
quartz veins. Isolated and coarse gold crystals were observed in
the actinolite-feldspar-quartz veinlets. Similar lithologies,
alterations and amount of pyrite are found in holes SER-21-036,
037, 039 and 040 for which analytical results are pending.
SER-21-031 and 034 have not returned significant intervals with a
metal factor >2.
This second drill program at Serpent, completed
in early October, included 19 drillholes for a total of
3,759 metres. Five holes (SER-21-028 to 032) tested the main
interpreted Stu structure immediately east and west of the gold
interval hit in SER-21-013 (3.47 g/t Au over 7.50 m)
during the maiden campaign. A North-South fence of 6 holes
(SER-21-033 to 038) was strategically positioned to test several
sets of magnetic discontinuities (structural lineaments?)
underneath the marshland, 425 m east of the first fence completed
during winter 2021. Two holes (SER-21-039 and 040) were added on
both sides of that fence following gold observations in holes 035,
036 and 037. Finally, the remaining holes (SER-21-041 to 046)
tested specific targets, including the southeastern extension of
LaSalle’s Goldhawk trend.
Developing a District-Scale Gold Play
Recent exploration conducted by Harfang
demonstrates the gold potential of the Property. This is
highlighted by one of the most significant gold-in-till anomalies
in Canada covering a >8 km2 area, by more than 40 gold showings
discovered since 2017 and by the recognition of a regional
gold-bearing corridor extending over more than 10 kilometres
straddling both Serpent and Radisson properties. Recent drilling
demonstrates that gold structures, still barely tested, exist
underneath the marshland.
Newly-Defined Regional Gold
Footprint
This newly-detected gold footprint, which is
spatially associated with diorite and gabbro and appears to be
structurally-controlled, is another strong evidence supporting the
hypothesis of district-scale gold potential.
Figure 5 illustrates the gold footprint defined
by all surface grab samples with more than 50 ppb Au. This
threshold value truly represents an atypical gold content for
dioritic and gabbroic host rocks. The footprint spans over at least
10 km2 at Serpent solely, and is known to extend into the Radisson
property. Approximately 25% of the grab samples collected in and
around the diorite intrusion contain >50 ppb Au.
Figure 6 shows that non-magnetic zones
correspond to anomalous gold content in drillholes. These zones
include a higher proportion of samples >50 ppb Au intermixed
with intervals in which values range between 10 and 50 ppb Au.
The footprint in drillholes appears to follow the non-magnetic WNW
and ENE discontinuities. It is also associated with very low
magnetic susceptibility in rocks.
These linear features and their intersections
are prime targets for additional drilling.
Multiple Kilometric Gold
Lineaments
Geological mapping and prospecting have
confirmed extensions of gold structures outside of the marshland.
Drillholes SER-21-041 and SER-21-042 tested the Moby-Dick structure
at depth and the possible source of quartz-tourmaline boulders
grading up to 45.5 g/t Au, respectively (Fig. 1). Hole SER-21-046,
located in the westernmost part of the Property, tested the
southeastern extension of the Goldhawk structure which seems to
extend into Serpent. We recall that many gold-rich till samples
were collected in 2020 down-ice of the possible southeastern
extension of the Goldhawk trend along which LaSalle recently
announced a drill intercept at 3.01 g/t Au over 6.00 m (Fig. 7).
Twelve additional till samples (results pending) were recently
collected in the same area.
Our drilling program has just started testing a
series of structural lineaments extending over at least
6 kilometres from the western limit of the Property to the
Moby-Dick area (Fig. 1). All of these structures remain open
laterally and at depth. No drilling has yet been done east of
Moby-Dick where gold showings, including the Mista Cu-Au-Ag zone,
have been discovered over an additional 7 kilometres.
Next Exploration Phase
A 3rd drill program (3,500-4,000 m) begins
in January 2022. Main targets include follow-ups on gold structures
drilled so far in the marshland and any other gold intervals that
will emerge from drillholes for which results are pending. Other
targets, developed from our most recent prospecting and
interpretation, will be drill-tested.
Results of the remaining 11 drillholes will be
released as soon as available.
To view FIGURES 1 to 7,
please click here.
The technical and scientific information in this
press release has been prepared and approved by François Huot,
P.Geo, Vice President Exploration at Harfang, a “qualified person”
as defined by NI 43-101.
Quality control
Rock samples discussed in this press release
were sent to ALS (Val-d’Or, Québec) to be analyzed for gold. Some
of them were also analyzed for 33 other chemical elements. Gold was
analyzed by atomic absorption following fire assaying on a 30-g
sample fraction (Au-AA23). Other elements were analyzed using the
four-acid ICP–AES method (ME-ICP61). Samples with >3 g/t Au
were reanalyzed with a gravimetric finish (Au-GRA21). Metallic
sieve analyses were done for selected samples following the
Au-SCR21 procedure. Sample preparation and analytical determination
were performed in various ALS laboratories.
The sampling procedures and the quality control
followed protocols developed by Harfang and ALS. Preliminary data
interpretation was done by Harfang.
About Harfang
Harfang is a mining exploration company whose
primary mission is to discover new gold districts in the province
of Québec. Harfang's development model is based on the generation
of new mining projects and on the establishment of partnerships
with major exploration and mining companies to advance its
exploration projects.
Neither 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.
This press release may contain forward-looking
statements that are subject to known and unknown risks and
uncertainties that could cause actual results to vary materially
from targeted results. Such risks and uncertainties include those
described in Harfang’s periodic reports including the filings made
by Harfang from time to time with securities regulatory
authorities.
For further information:
François GouletPresident and Chief Executive
OfficerTel: 514 940-0670 #339Email: fgoulet@harfangexploration.com Web :
www.harfangexploration.com
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