Gemdale Gold provided an exploration update from its flagship Pontio Gold project in central Finland. Percussion sampling along strike of the M2 mineralized trend at Pontio resulted in the extension of the gold-in-bedrock anomaly 1.5km to the south of the southernmost drill hole as well as another 200m to the north of the northernmost drill hole, increasing the known strike length of the M2 bedrock gold anomalies to almost 5km. The sampling program further outlined the presence of additional parallel trends in close relation to M2, as well as more distal parallel trends with different multi-element characteristics.
In addition, 3D inversion modeling on the 2021 IP survey resulted in the identification of a strong, 500m long chargeability high at depth to the west of the M2 trend in the northern part of the property, potentially indicating the presence of more sulfide mineralization at depth.
Geochemical anomalies at Pontio projected on magnetics (Source: www.gemdalegold.com)
