Toronto, Ontario – February 8, 2021 – Warrior Gold Inc. (TSX-V - WAR) (“Warrior Gold” or the “Company”) is pleased to announce that the 2021 winter diamond drilling program on the Goodfish-Kirana property has been completed. A total of 3,068 metres were drilled in 12 holes plus one extension on hole GK20-032 from the 2020 drill program. Core logging, geotechnical work, and sampling are ongoing with core samples being sent for assay to Timmins as shipments are made ready.
Danièle Spethmann, President & CEO, stated, “We are excited to have completed the winter 2021 drill program on the ‘A’ Zone and ‘C’ Zone, as well as on a new target east of the ‘A’ Zone and look forward to receiving the assay results. The drilling program was modified from the original plan (see news release of January 7, 2021) as observations during the campaign indicated that drill metres were better utilized at the ‘A’ Zone. We are extremely pleased with the skill and efficiency of the drilling company and appreciate their efforts to complete our program on time and budget.”
The 2021 winter drill program was designed to test the continuity of the ‘A’ Zone and ‘C’ Zone mineralization along strike and at depth, as well as a new structural geophysical target 500 m east of the ‘A’ Zone.
Eleven holes were drilled at and along the ‘A’ Zone structure. Drill hole GK20-032, which previously intersected 3.69 g/t Au over 2.31 m, was extended downhole an additional 40 m to 430 m. The objective was to establish the full extent of the ‘A’ Zone Deformation Zone, test for mineralization adjacent to the shear zone in the hanging wall, as well as accurately locate GK21-039 and GK21-040.
Drilling planned for the ‘C’ Zone was reduced from two diamond drill holes to one in order to allow for more metres to be drilled at the ‘A’ Zone. The ‘C’ Zone drill hole tested the continuity of the mineralized trend identified in the Company’s fall 2020 drill program.
About Warrior Gold Inc.
Warrior Gold is a TSX Venture Exchange-listed company that owns the Goodfish-Kirana Property located five km from the town of Kirkland Lake, Ontario. The Property is located in the historic Kirkland Lake Gold Camp which is situated in the prolific Abitibi Greenstone Belt, recognized as one of the world’s highest grade greenstone belts with over 200 million ounces of gold produced to date.
The Goodfish-Kirana Property is 11.5 km long by roughly three km wide (34 km2) and contains three major structural trends: the east-west trending Kirana Deformation Zone; the northeast-trending Goodfish Deformation Zone; and the Victoria Creek Deformation Zone on the Sutton claims at the northeast side of the property. The Property contains numerous historical gold showings, as well as 18 historical pits and shafts.
For additional information please contact:
Danièle Spethmann, P.Geo.
President & CEO
Warrior Gold Inc.
+1 647 344-3433
Warrior Gold Inc.
+1 604 353-4080
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