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Orford Mining completes first phase of exploration program at Carolina Gold Properties in US

Published 01 March 2018

Orford Mining has completed the first phase of exploration at its Carolina Gold Properties in North and South Carolina, US.

Geophysical and geological surveys have yielded high quality drilling targets on both properties consistent with Haile gold deposit style mineralization.The second phase of the program to be carried out beginning in March will consist of drilling of the highest priority targets on each property.

David Christie, President and CEO of Orford, commented, "We are very encouraged by the results of the ongoing program which, combined with the historial results from these properties, define excellent exploration drilling targets on Orford's very prospective properties in the re-emerging Carolina Gold Belt."

From December 2017 to February 2018, Orford completed a program of Abitibi Geophysics OreVision ground Induced Polarization (IP) and ground magnetics geophysics combined with surface geological mapping and relogging of historical core on the Carolina Gold Properties. This program has yielded strong IP chargeability and resistivity anomalies that are coincident with and extend at depth and along strike well beyond known Haile-Style gold mineralization.Geological mapping and historical core relogging led by Ken Gillon, former Regional Exploration Geologist at Haile Gold Mines, (Romarco, OceanaGold) and the past-producing Ridgeway Gold Mine (Kennecott) has identified alteration vectors that suggest that the mineralised systems may be more extensive than previously thought.

At the Jones-Keystone property, strong chargeability anomalies not only coincide with historically drilled mineralization but also extend at depth and along strike beyond known mineralization.In the eastern portion of the property, orientation of the IP chargeability anomaly suggests that the mineralized zone may dip to the south, which is the opposite of the previous interpretation.Relogging of historical drill holes in this area also shows that drilling stopped in alteration whose intensity is increasing with depth which suggests that the mineralization system may have deep roots.In the untested southern portion of the property several coincident chargeability and resistivity anomalies occur.The two strongest of these extend over strike lengths of at least 300 m each.

At the Landrum-Faulkner property, mapping has outlined multiple parallel zones of sericitic and silicic alteration extending over the entire length of the grid.One of these zones is coincident with a strong 600m-long chargeability and resistivity anomaly and extends under a historical surface grab sample occurrence of 6 g/t Au1.

Source: Company Press Release