All American Gold Corp. today announced the commencement of a drilling program for its Goldfield West project in Nevada. The property is located 4 miles southwest of International Mineral’s Gemfield deposit and 4.5 miles west of the Goldfield district, which is famous for its historic production of more than 4 million ounces of gold at an average grade of > 17 g/t Au. Drilling will target major structures which may host high-grade quartz-sulfide-gold veins similar to those in the main Goldfield district. According to today’s press release, a total of 1,550 to 2,000 meters of RC drilling is planned for six drill sites located in both the northern and southern parts of the property.
“Historic work previously conducted at Goldfield West has led to the completion of 138 drill holes in this area. Through examination of the data compiled from previous work programs, in addition to the wealth of information gathered through geological mapping, geochemical sampling and geophysical surveys, our technical team has formulated, what management believes is the best course for our exploration program at Goldfield West,” stated CEO Brent Welke.
At the South target, interpretation of geophysical surveys have identified an 800 meter long nearly north-south structure. One hole, drilled last year, identified minor veinlets of quartz/pyrite/alunite and gold values up to 1.45 g/t over 1.5 meters. Two fences consisting of three angle drill holes spaced roughly 100 feet apart will attempt to penetrate the fault identified by the geophysical surveys.
At the Nevada Eagle target in the northern part of the Goldfield West property, drill holes will focus on an interpreted broad north-south trending structure which appears to host an intrusive dike. Two or three additional angle holes are planned to test the geophysical anomaly.
All of the drill holes will be drilled across interpreted structures, supervised and logged by an independent geologist. Drill samples will be collected on 1.5 meter lengths and shipped to ALS Chemex in Reno, Nevada for analysis of gold and silver content.
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