ACREX TO COMMENCE DRILLING ON GRIZZLY-KELLAR LAKE PROPERTY IN THE CHIBOUGAMAU REGION OF QUEBEC
The Property hosts a new gold discovery and lies completely within the townships of Lamark and Guettard located approximately 45 miles west of the mining town of
The principal gold-showing on the Property occurs in a quartz vein cutting volcanic rocks of acidic to intermediate composition which is sideritic in place. This gold-bearing quartz vein varies in width from a few inches to 5 feet and has been traced in the main trench for a distance of approximately 300 feet. It has a vertical or near vertical dip and strikes north 25 degrees to 30 degrees east. In places the quartz vein contains pyrite. This vein suggests that the primary exploration target on the Property is a gold deposit associated with quartz veins in fracture-zones in metamorphosed volcanic rocks.
The drill program is being carried out in follow up to recommendations made by the Company’s consulting geologist,
ACREX VENTURES LTD.
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SOURCE Acrex Ventures Ltd.