Mr.
Harold Forzley reports
BATHURST METALS EXPANDS LAND POSITION WITH NEW GOLD-BEARING CLAIM IN THE TURNER-GELA LAKE DISTRICT, NUNAVUT
Bathurst Metals Corp. has expanded its land position in the Turner-Gela Lake district with the acquisition, by staking, of the
West Gold
mineral claim. The new claim provides
100-per-cent ownership
of a
388.873-hectare
property hosting
two known gold occurrences,
strengthening Bathurst's regional footprint in one of Nunavut's most prospective emerging gold districts.
The gold occurrences on the West Gold claim were first identified in a 1992 federal geological survey, which reported assays of up to
10.30 grams per tonne gold, accompanied by elevated arsenic -- a common pathfinder in lode gold systems.
No modern or systematic exploration has ever been completed,
presenting a compelling greenfield opportunity with strong discovery potential.
Because the company is already active in the immediate area, exploration at West Gold can be carried out with minimal additional logistical cost, supporting efficient and scalable program planning.
Bathurst's growing portfolio in the district now includes:
-
Turner Lake (gold/silver) -- 100-per-cent-owned flagship project with multiple high-grade gold zones;
-
Ted (gold/silver) -- 100 per cent owned; high-grade gold in iron formation;
-
Gela Lake
(copper/silver/gold) -- under option to Quinto Resources;
-
West Gold
(gold) -- 100-per-cent-owned, newly acquired claim with documented gold occurrences.
The West Gold claim is underlain by the same Archean amphibolite-facies geology that hosts mineralization at Turner Lake and lies near the 300-kilometre-long regional Bathurst fault, a major structural corridor favourable for gold deposition. The property is located 26 kilometres north-northwest of Turner Lake and 10.6 kilometres northwest of the Gela Lake project.
Harold Forzley, chief executive officer,
commented:
"West Gold is a high-impact addition to our portfolio. With known high-grade occurrences and zero modern exploration, it gives us a genuine discovery opportunity we can advance quickly and cost-effectively. We see this district shaping up as a standout growth engine for Bathurst."
Qualified person
Lorne Warner, PGeo, president and director of Bathurst Metals, is the qualified person under National Instrument 43-101 and has reviewed and approved the technical information within this release.
About Bathurst Metals Corp.
Bathurst Metals is an exploration-stage company engaged in the acquisition, exploration and development of mineral properties in Nunavut and British Columbia, Canada. The company holds a 100-per-cent interest in the
Turner Lake, Ted, McGregor Lake, Speers Lake, Gela Lake and McAvoy Lake projects in Nunavut and the Peerless property, a gold/silver prospect in the historic Bralorne camp in British Columbia.
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