Graycliff Exploration Limited has completed the first two drill holes of its exploration campaign at the Shakespeare gold project near Sudbury, Ontario, advancing metallurgical testing and gold zone definition.

The program includes two holes targeting different objectives. HQ metallurgical hole D was drilled to 225 metres, intersecting a visually distinct zone of black smoky quartz from 185 to 205 metres. The large-diameter core provides material for concentration testing. NQ exploration hole J-62-26 reached 250 metres, encountering a mineralized zone between 109 and 117 metres to test gold mineralization between earlier test holes.

Core from both holes has been logged, split, and shipped to AGAT Laboratories in Thunder Bay. Graycliff has completed over 13,300 metres of drilling to date at Shakespeare.

Earlier phases focused on initial metallurgical test holes like Hole A. The current campaign has advanced to testing gold mineralization between holes A and B. Drilling on the next exploration hole, Hole J-63-26, commenced on August 24.

“Encountering strong alteration zones and dark sulphide bearing fractured quartz vein material where we anticipated it should be, keeps us optimistic that we will see more significant gold assays. The core has been logged, processed and is on its way to AGAT Laboratories, and we look forward to sharing the assay results with our shareholders as soon as they become available.”

— James Macintosh, Chairman

Graycliff will release assay results for the first two completed drill holes upon receipt and verification from AGAT Laboratories.

Read the full announcement: Graycliff Shakespeare Drilling Update