The Golden Lounge

[Rocketred]

watch this one NRN maybe onto big discovery no position yet cheap one

Also of potential significance is the discovery of quartz veins of a different genre than the ones mentioned in this news release. These quartz veins generally do not exhibit colloform/crustiform banding but contain brecciated fragments of various hosts rocks with fine pyrite along the contacts of the fragments, near the margins of the vein itself and sometimes disseminated within the host rocks. Injection breccias are also noted and consist of fine-grained granitic material injecting into a rhyolite with fragments of both lithologies often containing disseminated pyrite. Both lithologies are then cut by pyritic quartz veins. Most of the float samples were collected along or near the upper reaches of the same creek containing the gold anomalous and gold-bearing colloform and crustiform banded boulders sampled earlier in the year. Thus, mineralized quartz vein material has been seen along the entire two-kilometre length of this creek.

Assays are pending on all samples. The textures and mineralogy of some of the quartz veins in outcrop and boulders are consistent with the upper levels of epithermal gold systems, likely well above the boiling cap. Boiling caps form at the level where rising boiling fluids, which carry the gold, interreact with cooler near-surface water (water table). This results in epithermal quartz veins that typically show significant and rapid vertical zonation in gold grades from low grades high in the system and above the cap to higher grades at and below the boiling level.

"We believe this is a significant development at Shot Rock. We have located some very large veins and zones of intense stockwork. The size of some of the veins we are now discovering in bedrock is impressive, especially considering that they appear to represent the very top of an epithermal system and would typically thicken at depth. The distribution of the outcrops identified to date, the concentration of locally derived boulders and the variety of quartz vein phases and alteration indicates that this could be a very large epithermal system," explains Northern Shield president and chief executive officer Ian Bliss.