Gold Basin Resources CEO Colin Smith joined Steve Darling from Proactive to share some exciting news about the company’s Q2 2023 sampling and prospecting program at the Gold Basin gold project in Arizona. The results have been very promising, as the company has been able to define three kilometre-scale gold anomalies, including significant trends north and southeast of the Cyclopic oxide gold deposit.
Smith explained that the company collected 110 rocks during the program, with 28 samples returning assays of ≥1 g/t gold, 11 samples with 5 g/t gold, and 6 samples with 10 g/t gold. Among these, there were remarkable high-grade gold results, including 12.40, 12.55, 15.70, 17.95, 29.00, and 35.50 g/t gold. Additionally, visible gold was discovered and sampled at 7 separate locations, all of which are undrilled and spaced approximately 1 to 2 km apart.
The gold trends remain open in both directions, and Gold Basin Resources plans to expand the sampling to the northwest and southeast in the near future. Moreover, the company is eagerly awaiting the first preliminary assays from the 2000-meter follow-up reverse-circulation drill program, which are expected this week.
To further bolster their team and expertise, Gold Basin has brought on board Senior Geologist Kevin Rafferty. With over a decade of experience in classical field geology and extensive knowledge of the North American Cordillera, Rafferty will lead property-wide geological and structural mapping, target generation, and regional generative work. His expertise in geological mapping, structural geology, stratigraphy, clastic sedimentation, and regional target generation will be invaluable in advancing Gold Basin’s exploration efforts.
The Gold Basin gold project continues to show great potential, and with the addition of skilled team members like Kevin Rafferty, the company is well-positioned to further unlock the project’s mineral resources and expand its presence in the gold mining sector.
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