Finlay Minerals (TSXV: FYL; OTCQB: FYMNF) has released results of the 2024 drilling and surface exploration work on the PIL property. Cascadia Minerals is conducting the work under option to earn a 70% interest. The PIL property is in the heart of the Toodoggone mining district of British Columbia and contains several mineralization types including epithermal gold-silver, porphyry copper-gold-molybdenum and skarn gold.
Cascadia completed two diamond drill holes totaling 1,759 metres at the PIL South target and a property-wide prospecting program evaluating under explored areas. Drilling at PIL South returned broad intervals of low-grade copper, gold, silver, molybdenum, and zinc mineralization, with copper-gold grades increasing towards the bottom of both holes suggesting that the drill holes are distal to a porphyry source.
PILS-24-006 returned 162.00 m of 0.10% copper with 0.05 g/t gold, 7 g/t silver, and 0.18% zinc from 749.00 metres, including 1.65 metres of 1.34% copper with 0.63 g/t gold and 195 g/t silver.
Prospecting identified the Zeus target: a new high-grade copper-gold zone across a 400 x 300 metres area and a 100-metre vertical extent; highlight vein samples from Zeus include 12.25% copper with 0.26 g/t gold and 329 g/t silver and 7.13% copper with 0.29 g/t gold and 247 g/t silver.
Prospecting at the undrilled Ben showing, 2.5 km north-west of Zeus, identified a new 300-metre-long zone of copper-silver mineralization, with a highlight sample returning 10.90% copper with 39.50 g/t gold and 2,680 g/t silver from outcrop.
Prospecting on a ridge-top 500 metres east of the Atlas target returned high-grade mineralization over 100 metres, including 5.64% copper, 0.11 g/t gold and 337 g/t silver.
Finlay Minerals reports that Cascadia has met the year three exploration work requirements and the PIL option agreement remains in good standing.
More information is posted on www.FinlayMinerals.com
December 19, 2024
December 19, 2024
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