Friday 19th July 2019

Resource Clips

Cedar Mountain reports Alaska Results including 0.76 g/t Gold over 24m

Update: Effective March 23, 2012, Cedar Mountain changed its name and stock symbol to Graphite One Resources Inc TSXV:GPH.

Resource Clips - essential news on junior gold mining and junior silver miningCedar Mountain Exploration Inc TSXV:CED announced assays from the South Fox Prospect of its Kelly Creek Project on the Seward Peninsula of Alaska. Results include

0.76 g/t gold over 24 metres
(including 1.25 g/t over 7.5 metres)
0.46 g/t over 28.4 metres
(including 1.54 g/t over 2.7 metres)
0.42 g/t over 15.3 metres
0.5 g/t over 9.8 metres

President/CEO Charles Chebry commented, “With the conclusion of Cedar’s 2011 program at the Kelly Creek Project, we have now identified seven exposures of gold-bearing graphitic schists of similar character over a 16-kilometre area which are interpreted to be part of a very large-scale gold-mineralizing event in the Kelly Creek area. Our limited drill testing this year at five of these prospects has confirmed that extensive epigenetic mineralization is present within bedrock over the area and that the potential to identify a significant gold resource remains good. The structural setting of the area and the close association of the mineralization to the graphitic schist units would suggest that we have only sampled a fraction of the total prospective stratigraphy.”

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Anthony Huston
VP of Business Development/Director

by Greg Klein

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