Approximately 20 km northwest of Westhaven Ventures Inc.’s Shovelnose property
Initial samples results from the summer 2019 program returned grades up to 9.5 g/t gold and 341 g/t silver from hand-trenched samples and exposed quartz veins along a 4 km trend.
The Merit Property comprises four mineral claims (1,907 hectares) and contains three anomalous zones of alteration and mineralization – Discovery Hill, Sullivan Ridge and the West Zone. Sullivan Ridge, the main zone of mineralization, is characterized by strong silica and carbonate alteration of andesitic breccias that host a 1-2 m wide, north trending, gold-bearing quartz vein zone that can be traced for over 80 m. A trenching program in 2005 across this zone returned anomalous gold values of 7.24 g/t over 1.8 m, including 14.94 g/t over 0.6 m. Sullivan Ridge was drill tested by two diamond drill holes in 2015. One drill hole returned two 0.5 m long sections, one grading 0.44 g/t gold and the other grading 0.25 g/t gold.
Sullivan Ridge Target
The Sullivan Ridge target is a 750m by 1,000m dome-shaped hill that has a series of quartz veins exposed at surface. These veins were excavated by hand and a total of 14 grab samples taken of vein material over a 50-meter strike length. Assays ranged from trace to 9.5g/t Au and trace to 10.84 g/t Ag for samples within this area.
Samples from Sullivan Ridge consist of chalcedonic quartz with dark sulphide bands along the vein wall, initially resembling a “ginguro-style” of epithermal mineralization. Further studies will help to define and understand the model and direct future exploration work.
South Western Extension
Other samples collected along-trend to the southwest of Sullivan Ridge also returned encouraging results. Sample X981526 is located approximately 400m southwest of the ridge and returned 1.8 g/t gold and 341 g/t silver from a 50 cm wide quartz vein exposed at surface. Sample X981521 is in the southwestern corner of the property, 3.9 km away from Sullivan Ridge, and returned 5.36 g/t gold and 26.6 g/t silver, again from a quartz vein exposed at surface. The Company will complete a ground magnetic survey in late July to early August to help define geological structures and compliment surface mapping at Merit, and to better determine how these sample locations may be geologically related.
Independence Gold signed a Letter of Intent with Almadex Minerals to acquire up to a 60% interest in the Merit Property located in the Spences Bridge Gold Belt of southern British Columbia