Surebet Definitively Proven To Be Part of a Large-Scale Tier-1 Reduced Intrusion Related Gold System With Tremendous Upside Remaining, Golden Triangle, B.C.
Globenewswire·2025-04-24 13:10

Core Insights - The geological study by the Colorado School of Mines confirms a new interpretation of the ore-forming process of high-grade gold mineralization at Surebet, indicating a common causative Reduced Intrusion Related Gold (RIRG) source with significant untapped discovery potential [1][6][10] Geological Findings - High-grade gold mineralization at Surebet is found in two settings: shear-hosted veins up to 39 meters wide and multiple quartz veinlets within felsic to intermediate dykes [7][10] - Drilling has confirmed 12 vertically stacked gold mineralized shear-hosted veins with grades up to 34.52 g/t AuEq over 39.00 meters, indicating excellent additional blue-sky potential [1][10] - The study identified two stages of gold mineralization: the first stage involves native bismuth and gold-bismuth minerals, while the later stage is associated with chlorite alteration [8][9] Mineralization Age and Source - Dating of the mineralization indicates an age of 50.7 ± 1.0 Ma for shear-hosted veins, overlapping with the U-Pb zircon age of 52.0 ± 1.5 Ma for the mineralized dykes, suggesting a common intrusion source [7][8] - The discovery of Eocene age mineralization at Surebet highlights previously overlooked potential in the southern part of the Golden Triangle, where most known deposits are Jurassic age [6][11] Exploration and Drilling Results - Over 15 months, strong gold mineralization has been confirmed in 100% of 243 drill holes, with more than 300 intercepts within a 1.8 km area, demonstrating the continuity of widths and grades [5][10] - The Surebet discovery has shown exceptional continuity and metallurgy, with gold recoveries of 92.2%, indicating a high potential for economic recovery [12] Infrastructure and Location - The Golddigger Property, controlled by the company, spans 91,518 hectares in a geologically rich area of the Golden Triangle, close to significant historical mines [11][22] - The property benefits from proximity to communities with existing infrastructure, including a permitted mill site and direct barge access to major transport routes [13][14]