IKN

Every why hath a wherefore

Advance Gold (AAX.v): Every junior NR should be as entertaining as this

Click through here to read what a NR looks like when:

  • Your drill program has hit pure dusters
  • You need to say something positive to bluster in front of the idiots who fell for your spiel
  • You have the linguistic abilities of a 14 year old
  • You are too dumb to get somebody else to edit your draft

No wait, on second thoughts it’s too good not to paste up right here. Therefore IKN proudly presents the purple prose of Allan Barry Laboucan, living proof that David Dunning and Justin Kruger knew what they were talking about.

Advance Hits Over 30 Epithermal Vein Intersections
Vancouver, British Columbia, Oct 29, 2018 (Newsfile Corp via COMTEX)
— Advance Gold Corp. (AAX) (“Advance Gold” or “the Company”) reports on
the completion of three drill holes in the phase 2 drilling program at
the Tabasquena Silver Mine, near Ojocaliente, Mexico. In an area
covering around 125 metres along strike, and 200 metres wide, 7 holes
have hit a cluster of over 30 epithermal vein intersections.
In
the phase 2 drilling, only anomalous gold and silver were found in
assays of 53 core samples, even though significantly more quartz is
present and also amethyst. Not only is there an increase in the quartz
in the veins, the amethyst is important as it is found in the epithermal
veins mined in the Veta Grande trend.
In addition to increasing
quartz in the veins, the quartz is also present in the country rock,
andesite, near veins. Other signs of a large geological system, is that
in hole 7, along with a cluster of veins, there was a 150 metre
intersection of highly silicified andesite.
Allan Barry Laboucan, President and CEO of Advance Gold Corp.
commented: “We have moved the Tabasquena project forward significantly
in our first 7 holes finding a cluster of nearly 30 epithermal vein
intersections. Not far from us is Fresnillo, Mexico, and right beside
the city is a cluster of approximately 20 epithermal veins that were
mined for over 500 years. We are in one of the most of important silver
and gold districts in the world and have found a cluster of epithermal
veins in a small area.
“Our exploration team is very excited
about our holes into a cluster of epithermal veins during phase 2
drilling with roughly 30 epithermal vein intersections. We only saw
anomalous gold in the phase 2 core samples, zonation of grade vertically
and horizontally in epithermal veins is common, we are still just under
the oxide zone by around 125 metres with our deepest drill holes.
“One
of the blind veins discovered in phase 2 drilling is the Dakota vein,
we hit a 17 metre intersection, it was a discovery made by drilling
through a known vein, we continued to see quartz in the country rock, so
kept drilling and hit the Dakota vein. It has a significant amount of
quartz and amethyst. Another vein discovered was a 10 metre intersection
with significant quartz. One of the smallest veins, 0.70 of a metre was
over 90% quartz.
“We know that
the geological system at the Tabasquena vein cluster has high-grade
precious metals from historical mining by Penoles and our own drilling.
The thickness of the veins close to surface, the amount of veins in a
small area, the quartz in the veins and in the country rock, the thick
zone of highly silicified andesite, are all indications that we are
chasing a large geological system. We still have more drilling to do in
order to understand the grade zonation along strike and at depth, but
with a large cluster of epithermal vein intersections to test, we are
off to a great start. Looking forward, phase 3 drilling should be a
series of holes that drill down 500-700 metres deep to get into the guts
of the precious metals horizon in our cluster of veins.
The
Tabasquena project has exceptional infrastructure with paved road
access, power lines going through the claims and is located in the Veta
Grande trend, it can be drilled year round and is a low cost exploration
project.”
Pictures of key intersections, the table of assays
for phase 2 drilling, cross sections and a plan map can be found with
this news release on the Advance Gold website and in the Tabasquena
project section as well.
Julio Pinto Linares, PGeo, is the
qualified person responsible for this release and has supervised the
preparation, and approved the preparation of the scientific and
technical disclosure contained within the release.
About Advance Gold Corp. (AAX)

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