Gold Basin Resources has reported initial soil and rock analysis results from the Q2 2023 sampling and exploration program at the wholly owned Gold Basin gold oxide project in Arizona.

According to the company, the analysis included a 3.25- and 1.7-kilometre-long trend north of the cyclopic gold oxide deposit and a 1-kilometre-long trend located 2.3 kilometers southeast of the gold deposit. (km) scale gold anomalies are defined. Along the strike from Cyclopic.

Of the 110 rocks collected, 28 had more than 1 gram per gram of gold (g/t), 11 had more than 5 g/t gold, and 10 g/t or more. 6 pieces (12.4, 12.55, 15.70, 17.95, 29, 35.5 g/t gold.

Gold Basin noted that the visible gold was mined at seven separate locations, all of which had not been drilled and were spaced about one to two kilometers apart.

“The potential of the region in the Gold Basin continues to grow, with 3-kilometer-scale gold trends emerging, exceeding 1 g/t gold within a 2.7 x 1.4-kilometer area directly adjacent to the cyclopic deposits28. Rocks in individual regions are graded,” Basin CEO Colin Smith said.

“High-grade, undrilled trends remain open on both ends of the grid, and extended sampling is in preparation.”

In addition, the company has appointed senior geologist Kevin Rafferty to strengthen its technical team.

“Kevin led the geological and structural mapping and target generation of the entire site, including a detailed follow-up survey at the unexcavated site where high-grade gold oxide rocks were analyzed from this round of geochemistry. I will,” Smith commented. in the statement.

Gold Basin Resources advances the Gold Basin Project located in the Tier 1 Mining Jurisdiction of Mojave County, Arizona.

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