K9 Gold mobilises drill to Canadian Stony Lake project

K9 Gold Corp. has reported that trenching over recently discovered showings has identified multiple significant mineralised structures. These structures are known to be a controlling factor in the localisation of mineralisation in this geological environment, so this is a significant enhancement to the property in Central Newfoundland.
K9 Gold mobilises drill to Canadian Stony Lake project K9 Gold mobilises drill to Canadian Stony Lake project K9 Gold mobilises drill to Canadian Stony Lake project K9 Gold mobilises drill to Canadian Stony Lake project K9 Gold mobilises drill to Canadian Stony Lake project

Trenched outcrop at the Deliverance area, Stony Lake. The main vein has up to 5-10 per cent sulphides and is comprised of crustiform to ginguro-style quartz veinsets wuth sulphides contained in the wall rock or bands

The first phase of trenching at the newly exposed Deliverance and Moonlight veins structures has been completed.

At the Deliverance zone, in the centre of the property approximately 15km southwest of Jumper's Pond, a 10m wide zone of moderate to intense oxidation was uncovered. Within the 10m zone, there is one major vein system with several parallel minor veins. Where exposed, the main vein varies from 0.10m to 0.25m wide, with crustiform/ginguro to sheeted quartz veining. The vein exhibits intense FeO oxidation and clay alteration, with 5-10 per cent pyrite. The main vein trends at 128 degrees and dips at -68 degrees SW. A series of chip samples were taken across a 5.4m zone on the top of the outcrop, perpendicular to the main vein, as well as one 4m composite sample collected along the strike of the vein.

The samples are being analysed at Eastern Analytical in Springdale, Newfoundland, using the ICP-OES method after a four acid digestion, with fire assays for Au.

At the Moonlight trench, approximately 3km south-east of the Deliverance trench, a series of quartz veins were exposed over an approximately 30m wide zone. Detailed sampling has not been completed yet on this trench due to seasonal restrictions for caribou-calving season.

Additional trenching is now planned for both of these highly prospective zones.

Drill target selection will be based on the results of the recently completed IP survey, with initial drill holes to be located in the Jumper's Pond area, which is immediately to the south of the northern boundary of the property and is directly adjacent to Sokoman's Moosehead discovery.

The drilling contractor for the upcoming drill programme on its Stony Lake project has mobilised to central Newfoundland.

Jeff Poloni, CEO of K9 Gold said: "We are extremely pleased with the systematic approach of our exploration team which has resulted in new areas of mineralisation being identified. We now have multiple targets for our maiden drill programme which is expected to commence shortly."

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