Initial MRE On Doc Property Shows Continuity Wide Range Grades

Initial MRE On Doc Property Shows Continuity Wide Range Grades

VANCOUVER – Hanstone Gold Corp. reported on the initial NI 43-101 compliant gold and silver Mineral Resource Estimate (MRE) on its Doc Property, located in the Golden Triangle of northern British Columbia. The Inferred MRE contains 114,000 ounces of gold and 488,000 ounces of silver, or 120,000 ounces of gold equivalent. The MRE exhibits excellent continuity through a wide range of AuEq cut-off grades up to 10 g/t AuEq with a likely elevated working cut-off at 7 g/t AuEq yielding a grade of 15.87 g/t AuEq. Previous geophysical work identified parallel vein structures giving the MRE excellent upside future potential. Metallurgical test work achieved an overall gold recovery of 95.3%.

Andre J Douchane, Executive Chairman, said, “These results are very exciting for our team.  The initial results give Hanstone an excellent base on which to build, with the MRE expected to be commercial under certain circumstances.  In addition, the MRE has an excellent potential to increase in size.  The surrounding infrastructure is expanding closer, with the road to the north now only a few kilometres from the Doc Project.”