March 8, 2021
Graycliff Exploration Ltd. (CSE:GRAY, Not Rated, Taylor Combaluzier) announced results from two additional drill holes from the 2020 Phase 1 drill program at the company’s flagship Shakespeare Au project located near Sudbury, Ontario. The highlight result came from hole J-3-20, which intersected a near-surface mineralized interval of 5.37 g/t Au over 5m, including 18.50 g/t Au over 1m and 4.34 g/t Au over 0.7m. This hole confirmed the extension of the interpreted mineralized zone identified in the previously released holes J-1-20 and J-2-20. Additionally, hole J-4-20 tested the same zone at depth and confirmed that it remains open at depth as it intercepted 1.11 g/t Au over 1.5m from 158m depth. Results from three additional drill holes from the Phase 1 program remain outstanding and are expected to be available in March. Overall, we believe these continue to be good initial results from the Phase 1 program at Shakespeare, as drilling has confirmed historical drilling and successfully extended mineralization to depth. We look forward to seeing the remaining assays from the 2020 program and plans for a 2021 exploration program. Read more
