Joshua Gold Resources Commences Diamond Drilling on the Highly Prospective C1 Property in Northern Ontario
April 25 2017 - 7:11AM
Joshua Gold Resources Inc. (“JSHG”, or “Joshua
Gold”) is pleased to announce that its planned initial
diamond drilling program on the C1 Property has commenced.
The C1 Property is located approximately 90 km
southwest of Timmins, ON and lies within the prolific Swayze
Greenstone Belt. JSHG has an initial 50% interest in this project,
comprising 21 contiguous claim units covering 336 ha (830
acres).
This phase of the program will be focused on the
area around the C1 Mortimer trench. An excerpt from the report,
Hastie, E.C.G., Lafrance, B. and Kontak, D.J., 2015, Observations
on the Kenty and Rundle deposits, Swayze greenstone belt; in
Summary of Field Work and Other Activities 2015, Ontario Geological
Survey, Open File Report 6313, p.9-1 to 9-9, stated:
“Quartz-feldspar veins with basalt fragments crosscut all rock
types and are surrounded by an alteration halo of
ankerite-albite-sericite-pyrite ± chlorite. The veins are 5 to 30
cm wide, strike northwest and have sub-vertical dips, with the
exception of a quartz-feldspar vein at the C1 Mortimer trench that
dips shallowly (≈30°) and has a strike that varies. This shallowly
dipping vein follows the contact between the feldspar porphyry unit
and the pillow basalt and cuts across the latter. The vein is both
cut by and crosscuts sub-vertical quartz-feldspar veins (1 to 3 cm)
that display 2 dominant trends (210° and 310°). Visible gold was
found within fractures and on the boundaries of the shallowly
dipping quartz-feldspar vein at the C1 Mortimer trench.”
Mr. John M. Siriunas, P.Eng., a “Qualified
Person” within the meaning of National Instrument 43-101 Standards
of Disclosure for Mineral Projects, has reviewed and approved the
scientific and technical information contained in the news
release.
Joshua Gold Resources Inc.
(OTC:JSHG) is a publicly traded American
gold-exploration company, headquartered in Canada, that is engaged
in the exploration of highly prospective mineral properties.
Joshua Gold’s focus is to pinpoint mineral opportunities in
Northern Ontario, Canada, a mature and friendly jurisdiction for
exploration and mining companies. Much of Northern Ontario is
underlain by volcano-sedimentary rocks (“greenstones”) of the
Precambrian-age Canadian Shield which contain a wealth of minerals
including precious metals, nickel, copper, cobalt, chromium and
zinc. For more information on JSHG go
to http://www.joshuagoldresources.com/.
Safe Harbor Statement:
This release includes forward looking statements.
These forward-looking statements generally can be identified
by phrases such as JSHG or its management “believes”, “expects”,
“forsees”, “forecasts”, “estimates”, or other words or phrases
of similar import. Similarly, statements herein that describe
Joshua Gold’s business strategy, outlook, objectives, plans,
intentions or goals also are forward-looking statements. All
such forward-looking statements are subject to certain risks and
uncertainties that could cause actual results to differ materially
from those in forward-looking statements.
Investors Relations Contact:
Wall Street Media Group
1-888-465-6551 or info@Wallstreetmediagroup.com
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