Discovery Alaska reviews Vinasale gold project, plans exploration

Proactive - Interviews for investors

Discovery Alaska Ltd (ASX:DAF, OTC:DRVYF) managing director Jerko Zuvela joins Proactive’s Elisha Newell to walk through a recent review of the Vinasale gold project in the Tintina Gold Province of Alaska, US. The project, 310 kilometres northwest of Anchorage, spans about 6,500 hectares on lands owned by Doyon Ltd, an Alaska native regional corporation. The Vinasale project hosts a historical inferred resource of 22 million tonnes at 1.53 g/t for 1.08 million ounces of gold and an indicated resource of 2.29 million tonnes at 1.84 g/t for 135,000 ounces at the Central Zone prospect. After securing a mining lease agreement with Doyon, Discovery Alaska has reviewed the historical resource block model, identified follow-up target areas from historical datasets, and planned a forward work exploration program. A technical consultant has been appointed to drive exploration efforts. Initial work involved auditing the existing resource block model against drill hole data, confirming the correlation between block model and drilling results. The company identified additional targets from existing drill and geophysical data, which may expand the current resource in the Central Zone and to the south and east of previous drilling. These targets, supported by previous drill and geophysical information, align with regional fault zones and vein systems. Further desktop evaluations and planning for site ground-truthing works are underway for these prospective areas. #ProactiveInvestors #DiscoveryAlaska #ASX #DAF #VinasaleGoldProject #GoldExploration #TintinaGoldProvince #Mining #Geology #MineralResource #ResourceExpansion #ExplorationPlanning #TechnicalConsultant #GeophysicalData #DrillTargets #GroundTruthing #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews