Zadar confirms QSP alteration on E. Boundary Claims in Prolific Golden Triangle
Sep 12th 2018 – Vancouver, British Columbia. Zadar Ventures Ltd. (the “Company”) is pleased to announce that field personnel have confirmed the presence of QSP (“quartz – sericite – pyrite”) type alteration on the East Boundary Property within one of the target areas identified by satellite imaging. Field crews also reported that extensive areas which were believed to be covered by glaciers have now been exposed and it is likely that these areas were not examined during the late 1980’s when the Golden Triangle was the focus of intensive exploration work.
As previously announced an evaluation of available ASTER (satellite imagery) identified four distinct sericite – illite alteration anomalies on the East Boundary claims which clearly warrant follow up exploration work. This style of alteration is associated with hydrothermal gold copper deposits which occur throughout the Golden Triangle. An initial batch of samples will be submitted for petrographic work and for assaying by the end of this week.
On September 5 the Company announced that it had entered into an option agreement with a private staking syndicate to purchase a 100% interest in the East Boundary mineral claims which consists of 1,888 Hectares in the prolific Golden Triangle located in Northern B.C.
The Company acquired the East Boundary Property based on its proximity to drill hole FK 18-10 (38.7 g/t Au over 10.0 meters including 62.4 g/t Au over 6.0 meters (true thickness undetermined)) announced by Aben Resources on August 09, 2018. One of the claims that comprise the East Boundary Property adjoins the eastern boundary of Aben’s Forrest Kerr Property approximately 2.5 kilometers east of the recently announced DDH FK 18-10. The remainder of the 1,888-hectare claim package is within 5 kilometers of the Forrest Kerr Property. It is important to note that there can be no assurance that similar mineralization will be identified on the East Boundary Property,
Published government geological maps indicate that the East Boundary Property is underlain by Triassic-Age Stuhini rocks and that the claims straddles Kyba’s Red Line which maps a key geological contact in the Golden Triangle that is closely related to copper and gold mineralization throughout the district.
Carl von Einsiedel, PGEO has approved the contents of this press release and is one of the vendors of the Property
Zadar Ventures Ltd. is a Resource Company focused on the acquisition and exploration of economically viable green energy resources in jurisdictions favorable to mining and industry. For more information we invite you to visit the company’s website at www.zadarventures.com
ON BEHALF OF THE BOARD OF DIRECTORS
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This press release may contain certain forward-looking information. All statements included herein, other than statements of historical fact, forward-looking information and such information involves various risks and uncertainties. There can be no assurance that such information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such information. A description of assumptions used to develop such forward-looking information and a description of risk factors that may cause actual results to differ materially from forward-looking information can be found in the company’s disclosure documents on the SEDAR website at www.sedar.com. The company does not undertake to update any forward-looking information except in accordance with applicable securities laws.