Sassy drills visible gold in quartz at Westmore
2020-10-01 08:15 ET - News Release
Shares issued 29,082,961
SASY Close 2020-10-01 C$ 0.92
Mr. Mark Scott reports
QUARTZ VEIN SYSTEM SHOWS CONTINUITY TO DEPTH AT SASSY'S WESTMORE GOLD-SILVER TARGET
Vein sets recognized at surface at Sassy Resources Corp.'s Westmore gold target, including visible gold in quartz veins, have been intersected at depth in continuing first-ever drilling. Westmore is part of the company's 146-square-kilometre Foremore project in northwest British Columbia's prolific Eskay camp.
Over 800 chip, grab and composite samples have been collected since July over a mapped exposed surface area of 400 metres by 400 metres with initial assay results (see attached table) confirming high-grade gold values in samples where visible gold was observed and not observed.
Highlights
• The associated galena plus pyrite mineralization observed on surface at Westmore has been recognized in the quartz veins subsurface and to drill hole depths to 270 metres.
• Visible gold (VG) has been noted in the first two drill holes completed to date.
• Mineralized alteration zones consisting of abundant quartz veins having a stockwork-like appearance occur over drill hole widths of multiple metres.
• The extent of the alteration halo consisting of increased silicification and pyrite mineralization associated with the quartz veining has been impressive and for the most part was not seen on surface.
• The first two drill holes were completed from the same platform and drilled toward the south at dips of minus 45 degrees and minus 60 degrees (core lengths were 211 metres and 304.5 metres, respectively) to test sample numbers COO12623 and COO12624 (see attached table).
Additional drilling is planned to test the unknown depth extent of the Westmore system.
Mark Scott, Sassy president and chief executive officer, commented: "It is rare to have a grassroots target turn into an early-stage discovery like this after only a few months of fieldwork followed by the first two drill holes, but this speaks to the energy and boldness of our team and the prolific nature of this district. We will push the drilling as far into the fall as possible as we have multiple high-quality targets to test thanks to extensive mapping and sampling."
Surface sampling returns 157 grams per tonne Au in metallic check assay
Assay results are now being received for sampled quartz veins occurring 100 metres to 300 metres south of the original surface discovery reported Sept. 4, 2020.
Preliminary assay and check assay results at Westmore have highlighted widespread high-grade gold mineralization hosted within quartz veins occurring within the Westmore granodiorite intrusive and the overlying mafic volcanic (basalt) rocks. Sassy's approach to sampling the quartz veins has been to collect selective mineralized material from within the quartz veins at multiple sampling stations along the strike of the individual quartz veins. Where widths allow, chip samples have been collected perpendicular to the strike of the quartz veins. Samples collected typically weigh two to three kilograms. Sassy is currently in the process of verifying and checking numerous initial high-grade gold values with follow-up metallic assay processes.
SELECT WESTMORE COMPOSITE SAMPLES (REPRESENTATIVE VEIN MATERIAL)
Metallic
Fire assay (check assay)* Silver assay
Sample No. Sample description Au (g/t) Au (g/t) Ag (g/t)
COO12607 Quartz vein; VG, galena**, trace chalcopyrite, 175.5 157.0 44.0
100 m south of original discovery
COO12623 Quartz vein; VG, galena, trace pyrite, 270 m 16.1 54.4 14.2
south of original discovery
COO12511 Quartz vein; galena, minor pyrite, discovery vein 49.8 25.9 619.0
COO12507 Quartz vein; trace galena, pyrite, 300 m south 13.7 10.9 9.8
of original discovery
COO12624 Quartz vein; galena, trace pyrite, 300 m south 50.1 16.8 13.8
of original discovery
* Material for metallic check assays was collected at immediate vicinity of original sample location. Fire
assays are the original results.
** Observed disseminated-blebby galena in samples with sulphides 5 per cent or less.
Visible gold was noted in samples COO12607 and COO12623 and the observation of visible gold resulted in positive gold grades. Equally impressive is the amount of gold occurring in samples C0012507 and COO12511 in which no visible gold was noted and observed galena and pyrite mineralization was described as trace to minimal. This implies that fine, not visible, gold also occurs in quartz veins within the Westmore intrusive and overlying mafic volcanic rocks in substantial amounts.
Quality assurance/quality control
Sassy implemented an industry-standard QA/QC program for the field samples reported in this news release that included the insertion of blanks and standards. Samples were bagged in clear plastic bags together with prenumbered sample tags and remained on site until transportation to the lab. Samples were transported and submitted directly by company personnel to the MSALabs preparation facility at Terrace, B.C., for gold and multielement analysis. Samples were crushed to 70 per cent passing two millimetres, split to 250 grams and pulverized to a pulp with 85 per cent passing 75 micrometres. The pulps were then shipped to MSALabs laboratory in Langley, B.C., where they were all analyzed for 48 elements by multielement ICP-AES/IMS under four-acid digestion and 50-gram fusion fire assay with atomic absorption finish. Samples that reported Au values over 10 g/t were reanalyzed by the gravimetric method, and those with Ag values over 100 ppm were reanalyzed by ICP-AES ore grade methods. In addition, Sassy has requested MSALABS to perform multiple check assays on coarse reject material utilizing a 500-gram split and to perform metallic screening analyses on all gold results over 10.0 g/t Au. MSALabs is an accredited lab independent of Sassy Resources.
As part of Sassy QA/QC protocol, check assays of MSALabs results were performed at Actlabs laboratory in Kamloops, B.C. Within the group of samples selected for check assay, Sassy inserted several blanks and standards. Samples were crushed up to 80 per cent passing two millimetres, a riffle split of 500 g was further pulverized to 98 per cent passing 105 micrometres. Pulps were analyzed for Au by fire assay (50 g) with an atomic absorption finish. All fire assays exceeding 10 g/t Au were assayed by metallic screen (500 g) sieved at 100 mesh (149 micrometres) with assays performed on the entire over 100 mesh and two splits of the minus 100 mesh fraction. A final assay is calculated based on the weight of each fraction. In addition, a 58-element plus S, multielement, four-acid near total digestion assay was performed by ICP-MS. Overlimit analyses were performed for Ag by four-acid ICP-OES technique. Actlabs is an accredited lab independent of Sassy Resources.
Qualified person
The technical information in this news release has been reviewed and approved by Ian Fraser, PGeo, vice-president of exploration for Sassy Resources. Mr. Fraser is the qualified person responsible for the scientific and technical information contained herein under National Instrument 43-101 standards.
About Sassy Resources Corp.
Sassy Resources is an exploration-stage resource company currently engaged in the identification, acquisition and exploration of high-grade precious metal and base metal projects in North America. Its current focus is on the Foremore gold-silver project located in the Eskay camp, Liard mining division, in the heart of northwest British Columbia's prolific Golden Triangle.
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