@usgoldcorp US Gold Corp. (NASDAQ: $DRAM) Update for 2016 Keystone Drill Program
-2016 drilling indicates a significantly large, Carlin-type, gold-bearing epithermal system is potentially present at Keystone.
-Holes Key16-1c, Key16-3c, and Key16-5c encountered thick zones of alteration with anomalous gold and pathfinder geochemistry. Hole Key16-1, in particular, intersected an 800 foot thick, permissive package of Wenban limestones that locally included flat-fabric breccias, i.e. dissolution collapse breccias, and nine, approximately flat-lying, individual dacitic sills within the 800 foot thick section; decalcification, sulfidation, and carbonization are also common in this 800 foot interval.
-All the holes confirmed the presence of high-quality host units that are very similar, if not identical, in character and thickness to the host rocks that host the Cortez deposits to the northwest.
-Early detailed, outcrop-scale geologic mapping further confirms the close similarities, in many respects, of the Keystone litho-stratigraphic setting to that of the Cortez district.
-It is also evident that a very complex and probably long-lived Early Tertiary, Eocene, intrusive system exists at Keystone. Intrusive types range from mafic to very siliceous, and a considerable variety of textural characteristics, including eruptive flows and clastics, are also present.
-All desired ingredients indicating a district with considerable gold potential are present at Keystone, and US Gold Corp. controls the mineral rights to the entire district.
ELKO, Nev. - June 14, 2017 (Investorideas.com Newswire) Mining stock US Gold Corp (NASDAQ: DRAM) provides a detailed update of the 2016 Keystone drilling program from Dave Mathewson, View President and Head of Nevada Exploration.
Read this release in full at http://www.investorideas.com/CO/DRAM/news/2017/06141Update.asp
About US Gold Corp.
US Gold Corp. is a publicly traded U.S. focused gold exploration and development company. US Gold Corp. has a portfolio of development and exploration properties. Copper King is located in South East Wyoming and has a historical Preliminary Economic Assessment (PEA) done by Mine Development Associates in 2012 for Strathmore Minerals Corporation. Keystone is an exploration property on the Cortez trend in Nevada, identified and consolidated by Dave Mathewson. For more information about US Gold Corp., please visit www.usgoldcorp.gold
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US Gold Corp. (NASDAQ: DRAM ) is a featured mining stock on Investorideas.com
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