Pirate Gold Intersects 30.6 g/t Au over 1.35m and 4.25 g/t Au over 6.65m at Moosehead; Identifies New Gold Structure
NewsfileAug 28, 2026 · 8 days ago
Drill Intercepts ⛏
6/1030.6 g/t AU · 1.35m
6/104.25 g/t AU · 6.65m
6/1030.6 g/t AU · 1.35m
Analyst Takeaways
- Eastern Trend shallow drilling delivered exceptional high-grade results, including 30.6 g/t Au over 1.35m with a bonanza intercept of 89.7 g/t Au over 0.40m, demonstrating significant ore-grade potential.
- Western Trend drilling intersected 4.25 g/t Au over 6.65m with localized high-grade zones up to 40.8 g/t Au, indicating broader mineralization with consistent grade distribution over wider intervals.
- Discovery of the Caribou Fault Zone as a newly identified parallel structure to existing trends suggests the project has multiple mineralized fault systems yet to be fully explored.
- The combination of high-grade intercepts and widening strike extent at Moosehead indicates potential for resource expansion across multiple parallel fault structures.
AI-generated · verify against original source
Eastern Trend shallow drilling continues to deliver high-grade assay results along its southern extension with 30.6g/t Au over 1.35m including 89.7g/t Au over 0.40m in PGC-26-112Western Trend drilling down plunge of the surface vein exposure yielded 4.25g/t Au over 6.65m including 40.8g/t Au over 0.50m in PGC-26-087Caribou Fault Zone is a newly identified parallel fault structure to the Eastern and Western Trend Faults where shallow drilling has identified significant assay grades up to 2.88g/t...
Frequently Asked Questions