Rintintin : New Placer Update
News Release - Vancouver, British Columbia ? October 22, 2020: New Placer Dome Gold Corp. (?New Placer Dome? or the ?Company?) (TSX-V: NGLD) (OTCQB:NPDCF) (FSE: BM5) is pleased to announce the results of the recently completed rock grab sampling program at its 100% owned Troy Canyon Gold-Silver Property (the ?Troy Canyon Project? or the ?Project?) located in Nye County, Nevada.
The 2020 Troy Canyon Project surface rock grab sampling represent the Company?s first opportunity to independently verify significant reported historic gold and silver values within Project, which had previously reported underground stope rock grab samples assaying 576 g/t gold and greater than 100 g/t silver. A total of 59 surface and underground rock grab samples were collected at the Troy Canyon Project during the program. Sampling was designed to follow-up on significant untested gold in soil geochemical anomalies present throughout the property (see New Placer Dome news release dated October 11, 2019).
Highlights of the recently completed surface rock sampling include (Table 1):
42.7 grams-per-tonne (g/t) gold (Au) and 15 g/t Au, and 91 g/t silver (Ag) in outcrop of partially oxidized silica-sulphide breccia at the historic Locke West and East Mine prospects.
37.7 g/t Au in oxidized quartz vein material sampled from historic waste dumps at the Locke East Mine (Figure 1).
7.68 g/t Au including 526 g/t Ag, in addition to 97.20 g/t Ag and 105 g/t Ag from mine dump material coincident with a 1.2 km north-south trending greater than 10 ppb Au in soil anomaly along the western Troy Canyon Claims along the historic Leadhill and Galena vein trends (Figure 2).