Vancouver, British Columbia, May 31, 2021 Gold Line Resources Ltd. (TSX-V: GLDL) (OTC: TLLZF) (“Company”) is pleased to provide an exploration update for the Storjuktan and Blåbärliden gold projects in the Gold Line mineral belt of north-central Sweden, where Base of Till (“BoT”) sampling continues to delineate further gold anomalies in both projects.
The Company has completed approximately 360 shallow drillholes of the planned 474 drillhole locations for the BoT program at Storjuktan and Blåbärliden that began in November of 2020 with the aim of testing geochemical anomalies generated over the previous two field seasons. The drilling was done using a percussion hammer drill rig to drill through the glacial till overburden and 3 meters into bedrock. Samples were collected through the till profile as well as in the underlying bedrock. This is intended to enable the Company to identify gold anomalies in the bedrock as well as any dispersion fans present in the glacial transported material.
A key focus of the BoT programs at Storjuktan was the area south of the historic diamond drill target at Långtjärn. In the late 1970’s and early 1980’s the Geological Survey of Sweden conducted regional exploration for gold throughout the region and drilled 16 holes at the Långtjärn prospect. The resultant gold intercepts improved in thickness as well as grade to the south and the drill defined zone of mineralization still remains open in that direction.
At Blåbärliden BoT drilling was concentrated around the extensions of the Gubbträsk Björkbäckmyran targets. Like Långtjärn, the Gubbträsk target was a focus of historical drill campaigns that delineated a near surface zone of gold mineralization. Gold mineralization was also recognized at Björkbäckmyran by historical exploration programs.
Results from the 2020-2021 BoT programs are currently being compiled and synthesized. These will be discussed in a later News Release. Next steps include follow-up diamond drilling later summer/fall 2021, and drilling of the remaining BoT holes and additional sampling programs in the winter months of 2021-2022.
Storjuktan
Storjuktan is located at the northern extension of the Gold Line and was actively explored for gold in the late 1970s and early 1980s. Several of the historical diamond drill-holes intersected gold in what is now known as the Långtjärn prospect. The mineralisation in the historic drilling continued to improve in thickness as well as grade to the south when the historic programs were curtailed, with mineralization remaining open at depth and along the projection of the mineralized trend to the south.
At Storjuktan, the Company completed 191 of the 296 planned BoT holes. The program was designed to be completed in two seasons and is focused on the southern extension of the Langtjärn prospect as well as the promising Boulder City prospect. The remaining BoT holes will be drilled in the next winter drilling season in addition to other targets.
Blåbärliden
At Blåbärliden the Company completed 169 of the 182 planned surficial drillholes. The program targeted extensions of the Gubbträsk gold mineralization as well as the Björkbäckmyran prospect. The Björkbäckmyran prospect was historically explored with surface till sampling and some detailed BoT programs which yielded encouraging results that were never followed up. The Company is targeting extensions of the historical work in both target areas.