Vancouver, British Columbia (FSCwire) – Sunvest Minerals Corp. (TSX-V: SSS) (“Sunvest Minerals” or the “Company”) is pleased to announce an update on the drilling program on the Mckinnon-Hawkins gold projects located in Hawkins and Walls townships, Ontario. To date thirteen (13) drill holes have been completed, comprising 1,624. 4 meters. Drilling has been paused for spring break-up and is expected to resume in May. To date, complete results have only been received for four (4) holes with assays pending on the remaining nine holes.
Most significantly, a new zone has been intersected in two holes located in the Hanging Wall to the north of the Main Zone. The McKinnon-Hawkins project Main Zone has a National Instrument 43-101 resource estimate of 239,100 ounces of gold (4,957,000 tonnes at 1.50 grams per tonne gold (g/t Au), at a cut-off grade of 0.5 g/t Au).
The new zone, designated as the “Taylor Extension”, located 70 to 90 meters north of the Main Zone, appears to parallel the approximately east-west strike of the Main Zone, and is open along strike, and at depth. The Taylor Extension represents a broad new mineralized environment and if as continuous as the Main Zone, has potential to add significant resources for the project.
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