{"id":1136479,"date":"2019-09-04T17:06:19","date_gmt":"2019-09-04T22:06:19","guid":{"rendered":"https:\/\/www.mining.com\/?p=1001082"},"modified":"2019-09-04T17:06:19","modified_gmt":"2019-09-04T22:06:19","slug":"treasury-metals-drills-new-discovery-at-sandy-lake","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1136479","title":{"rendered":"Treasury Metals drills new discovery at Sandy Lake"},"content":{"rendered":"<p>Treasury Metals&nbsp;of Toronto says its partner&nbsp;G2 Goldfields&nbsp;has drilled new gold mineralization at the Weebigee-Sandy Lake gold project 225 km north of Red Lake. Core from the new W3 zone included 0.7 metre of 450 g\/t gold and 1.4 metres of 11.85 g\/t gold.<\/p>\n<div class='d-flex justify-content-center'>\n<div id='div-gpt-ad-1561499308230-0'><script>googletag.cmd.push(function() {googletag.display('div-gpt-ad-1561499308230-0');});<\/script><\/div>\n<\/div>\n<p>Treasury owns 100% of the Weebigee-Sandy Lake project, but partner G2 Goldfields has an option to earn 50.1% and potentially 70%. Treasury acquired the property in 2016 from\u00a0Goldeye Explorations\u00a0as well as the Shining Tree-Fawcett and Gold Rock properties, also in Ontario.<\/p>\n<p>The new discovery is located 1.8 km west of the W1\/W2 zones discovered by Goldeye in a highly folded banded iron formation. Seven holes have been drilled in the W3 zone to date. Four holes in the W3 zone assayed 450.04 g\/t gold over 0.7 metre, 11.95 g\/t over 1.4 metre, 5.29 g\/t over 3.36 metres, and 1.10 g\/t over 2.5 metres.<\/p>\n<p>G2 Goldfields also drilled five holes at the W1\/W2 zones. Significant intercepts include 12.26 g\/t gold over 1.0 metre within a 5.2-metre section that assayed 5.02 g\/t, 11.25 g\/t over 1.6 metre, 7.05 g\/t over 12.0 metres, and 2.92 g\/t over 5.0 metres. The W1\/W2 zones have strike length of 600 metres and mineralization has been found from surface to vertical depths of more than 100 metres.<\/p>\n<p><em>(This article first appeared in the&nbsp;<\/em><a rel=\"noreferrer noopener\" href=\"http:\/\/www.canadianminingjournal.com\/\" ><em>Canadian Mining Journal<\/em><\/a><em>)<\/em><\/p>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/www.mining.com\/treasury-metals-drills-new-discovery-at-sandy-lake\/\">Treasury Metals drills new discovery at Sandy Lake<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/www.mining.com\/\">MINING.COM<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Core from the new W3 zone included 0.7 metre of 450 g\/t gold and 1.4 metres of 11.85 g\/t gold.<\/p>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/www.mining.com\/treasury-metals-drills-new-discovery-at-sandy-lake\/\">Treasury Metals drills new discovery at Sandy Lake<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/www.mining.com\/\">MINING.COM<\/a>.<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center 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