Freeport Resources

Kestrel Gold Commences R.C. Drill Program on Val-Jual Property, White Gold District

VANCOUVER, British Columbia, Sept. 14, 2017 (GLOBE NEWSWIRE) -- Kestrel Gold Inc. (“Kestrel” or the “Company”) (TSX.V:KGC) is pleased to announce further exploration results and the commencement of a follow-up exploration program consisting of approximately 900 metres of RC drilling and excavator trenching on the Val-Jual property located in the White Gold District, approximately 70 km southwest of Dawson City, Yukon.

Work in the Cupid East area consisted of hand-trenching, rock sampling and limited detailed soil sampling in an effort to define a source for the previously announced 175m x 200m gold soil anomaly, strongly open to the south, within which samples averaged 122 ppb Au with a peak value of 1,335 ppb Au. This work yielded rock samples with peak values of 6.686 g/t Au from clay-ankerite altered granite with quartz-silica stockwork and peak values of 12,400 ppb Au from soil sampling.

A 13-hole approximate 900 metre RC drill program has been designed and will provide the first drill test of the easily accessed RQC, Alcove, BQC, Lonely and T5Main target areas, while an approximate 5-day excavator trenching program is planned for the less accessible Cupid East and Teckphel areas.

For details on the various zones to be drilled or trenched please see the Kestrel news release dated 2017-08-22 titled “Kestrel Gold Announces Preliminary Results From The Val-Jual Property Located In The White Gold District, Yukon”.

Jean Pautler, P.Geo., is the Qualified Person, in accordance with NI 43-101 of the Canadian Securities Administrators, and has reviewed and approved the technical content of this press release.

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Freeport Resources

Freeport Resources is advancing one of the largest undeveloped copper deposits in the world. The 100% owned Yandera copper project covers approximately 245 square kilometers and is located in the highly prolific Papua New Guinea Orogenic... LEARN MORE