Great Quest Gold Ltd. announced promising assay results from its K17 Prospect in Namibia, revealing high-grade copper and gold values. A total of 38 rock chip samples showed significant mineralization accompanied by high grades of silver, uranium, and molybdenum. Enhanced structural modeling via drone surveys contributes to targeted exploration plans, culminating in a potential inaugural drilling campaign in the area.
Great Quest Gold Ltd. updated stakeholders on findings from its K17 Prospect in Namibia, revealing high-grade copper and gold results from 38 rock chip samples. Notable grades included peak values of 4.47% copper, over 10 g/t gold, and substantial silver, uranium, and molybdenum levels. The completion of a drone magnetic survey covering 869 line-kilometers enhanced the structural model, aiding the identification of targets for future drilling campaigns.
The K17 area, spanning 50 km², features surface mineralization connected to fold closures in the Kuiseb Formation. Recent magnetotelluric studies indicated a significant conductive anomaly within the lower crust below K17, suggesting an Iron Oxide Copper-Gold (IOCG) mineralizing system. High-resolution drone surveys mapped critical structural features linked to mineralization, confirming areas of intense magnetite alteration and revealing additional geological insights.
The rock chip sampling revealed substantial evidence of mineralization in the K17 Central area, including 23 samples exceeding 1% copper and 11 samples over 0.5 g/t gold. The geological mapping showed that enriched mineralization is primarily hosted in altered chlorite schists and is governed by structural controls formed by folds and shears. The presence of various minerals such as malachite and chalcopyrite indicates significant hydrothermal processes at work in the region.
A refined structural model reveals that mineralization aligns with folding and shearing phenomena, particularly near the Dagbreek synclines. Noteworthy mineralization mechanisms observed include the presence of tight folds that acted as traps for mineral-rich hydrothermal fluids. This geological framework suggests that additional exploration could uncover even more valuable resources beneath the surface.
Future exploration efforts at K17 will include a 20-line-kilometer ground IP survey to monitor near-surface conductors indicated by the previous surveys. The findings will support an initial RC drilling campaign targeting the identified anomalies and insights gained from structural analysis. Moreover, quality assurance measures have been established in the sampling protocol to ensure reliable and accurate results in line with standard practices, enhancing the validity of the exploration outcomes.
“We are highly excited about these fantastic results with high-grade copper and gold, plus uranium and molybdenum, also confirming our mineralization model of an IOCG.” – Dr. Andreas Rompel, President and Chief Exploration Officer.
Great Quest is dedicated to advancing its exploration programs following the positive results from the K17 prospect. The company, listed on the TSX Venture Exchange, focuses on maximizing its potential through high-yield projects in Namibia and other regions like Morocco and Mali. The results today bolster the prospects for developing new mineral resources in these strategic locations, promising continued growth and opportunity in the mining sector.
Great Quest Gold Ltd. is a Canadian mineral exploration company engaged in the search and development of gold and lithium-rich projects mainly in Namibia, Morocco, and Mali. With the K17 Prospect representing a significant component of their portfolio, the focus lies on assessing the potential of identified mineral resources, particularly high-grade copper, gold, uranium, and molybdenum identified through recent exploration activities. The K17 site has been attracting attention due to its geological features, including the Kuiseb Formation, fold structures, and potential IOCG mineralization, which necessitates advanced exploration techniques for further evaluation.
The new findings at the K17 Prospect demonstrate Great Quest Gold’s commitment to uncovering high-grade mineral resources through technological advancements in exploration. With exceptional assay results from rock chip samples and a solid structural geological model derived from drone surveys, the company is poised to move forward with targeted drilling campaigns to realize the prospect’s full potential. The high grades of valuable metals reaffirm the area’s mineralization capability, improving the company’s operational outlook and growth trajectory in the mining industry.
Original Source: www.juniorminingnetwork.com
