Kesselrun Resources Ltd. (TSXV: KES) (OTC: KSSRF) – October 21, 2020 – RICH TV LIVE – Kesselrun Resources Ltd. (TSXV: KES) (“Kesselrun” or the “Company”) is pleased to provide the following update on its 100% owned Huronian Gold Project.
Hi how you guys doing today this is rich here and we have rich tv live again and we’re here to talk to you about kessel run resources which just had some big news big big big news for kessel run resources doing today this is rich here we have rich tv live again and we’re here to talk to you about kessel run resources which just had some big news and we’re going
To go through it right now so what is the big news for kessel run resources you ask here’s the stock right now at 31 cents and it’s down 13 despite the news so we’re gonna go through it and try to identify if this is a buying opportunity okay we want to identify this as a buying opportunity because you know everyone wants to chase a stock when it’s up i like
To get the stocks when they’re down right a good company when they’re down to me is a buying opportunity so that when they go up we can sell let’s break down this news this news just broke today october 21st 2020 kessler run intercepts 15.7 grams a ton gold over 5.2 meters including 52.3 grams a ton over 1.0 meters so this is the news for kessel run resources
If you guys have any questions while we are live please let me know so we can break it down and i can answer your questions to the best of my ability kessler run resources limited kes in canada and kssrf in america as you can see the share structure i’m a huge fan of tight share structures anything 50 million shares or less i’m a huge fan of 48 million shares
Issue and outstanding love it 12 million market cap makes this a baby market cap absolutely love the market cap and the share structure okay looking at the canadian side here currently trading right now at 32 cents and down 11 so is it a buying opportunity we’ll see and in america kssrf is the symbol in america currently at 26 cents down only one percent in
America so this is kessel run resources and let’s look at the news run resources is pleased to provide the following update on its 100 owned hironian gold project the company reports further results from the fisher zone one of four zones tested in the 2020 heronian drill program all results have been received and assessed from the fisher zone drilling kessel
Run has now extended the high grade portion of the fissure zone to nearly 100 meters down plunge highlights wide zone of intense quartz veining alteration and sulfides near surface acid 1.8 grams a ton gold over 57 meters including 15.7 grams of ton gold over 5.2 meters and 52.3 grams a ton gold over 1.0 meters and hole 20 hur double o3 extends the core of the
Fissure zone in hole 20 hur double o2 with two separate subzones as saying 9.2 grams a ton over 1.9 meters and 9.9 grams a ton over 1.1 meters with a broader zone which essays 1.1 grams a ton gold over 57.5 meters this is the fischer zone long section so you can see the areas of focus michael thompson president and ceo the company commented our drilling on the
Fischer zone has demonstrated the continuity of the high grade core the data collected from this program has enabled us to better model the zone and target down plunge and extensions of the known zone as well as new high-grade shoots along strike and down dip the team is excited to test these targets in the next phase of drilling the 2020 heronian drill program
Targeted four zones fisher fisher north mckellar and herronian the four zones are in close proximity along an approximate 150 meter strike length in the area of the historic haronian mine the zones include multiple generations of quartz veins that carry high-grade gold values in association with altered sheared and variably mineralized mafic volcanics feldspar
Quartz porphyries and iron formation previous operators have focused on the fissure fissure north and the keller zones where drilling has been concentrated and near surface depths of 75 meters or less while the heronian zone has been mostly unexplored since the closer of the mine in 1936 as a result kessel run believes there are to be significant upside potential
On all zones one thing i’ve noticed with the mining companies that we’ve been talking about and featuring they are all right now bringing back to life mines that have been shut down or dead or haven’t been drilled in in some cases 100 years or even more this is another example of that a project that is now really drilling and they identified opportunities for
Gold in 1936. so 84 years later here we are talking about kessel run resources pretty interesting right well here we are this is the website kesslerunresources.com you can see there at 26 cents in america and in canada right now at 31.5 cents down 12 and a half percent despite the big news okay so despite this big news they are down 12 and a half percent now
Let’s look at this carefully and remind ourselves this was a stock that was at three cents in april so it’s maybe not that it’s bad news obviously the news is good news but the fact that the stock is up so drastically could be the reason why it’s selling off now despite the fact that the news is strong so whenever you’re looking at a stock you’ve got to look at
The entire picture you see a stock here that’s up you know a thousand percent from three cents to 30 cents it’s a 10 bagger obviously investors want to take profits and the key now as investors is where is the next bottom so that we can position ourselves for the next leg up this is a summary of significant drill intercepts at the heronian project fisher’s zone hey
Jeanette how you doing good morning good afternoon hope you guys are having a great trading day i’ve already sold some stock and made some money today um up 1500 for the day put all those trades in the trading academy for the community to see so hopefully you’re also having a big trading day as well widths are drill indicated core length as insufficient drilling
Has been undertaken to determine true widths at this time average grades are calculated with uncapped gold assays as insufficient drilling has been completed to determine capping levels for higher grade gold intercepts about the hironian gold project guys you know i love gold i’m a big fan of gold this is one of the companies that has huge upside in my opinion
And a company that’s undervalued underappreciated underexposed essentially a company that just isn’t on the radar we love to put them on the radar first before they go any higher so that our community and members can learn about them and hopefully profit from them the 100 owned heronian gold project hosts the past producing haronian mine northwestern ontario’s
First gold mine with a historic resource estimated of 44 592 ounces gold at 15.3 grams a ton gold in the indicated category and 501 377 ounces gold at 14.4 grams a ton gold in the inferred category the resource estimate presented for the heroin project is historic in nature kessler run resources qualified person has not completed sufficient work to confirm the
Results of the historical resource kessler run resources is not treating this as a current mineral resource but is considering it relevant as a guide to future exploration and is included for reference purposes only the historic resource was estimated by mindscape exploration inc in 1998 22 years ago further drilling will be required by kessel run resources to
Verify the historic estimate as current mineral resources as well the hironian gold project hosts the same lithological package of rocks as interpreted from both government of ontario and kessel run resources mapping compilation and modeling on strike from wesdem gold adjacent moss lake gold deposit with a resource estimate of 1 377 300 ounces gold at 1.1 grams
A ton gold in the indicated category and 1 751 600 ounces gold at 1.1 grams a ton gold in the inferred category as outlined in their 2013 pea mineralization hosted on adjacent and or nearby properties is not necessarily indicative of mineralization hosted on kessel run resources property moss lake gold mines currently wholly owned subsidiary of wesdam gold news
Release february 20 2013 and september 9th 2013. qualified person which i’ve interviewed michael thompson geologist president and ceo of kesselrun is the qualified person responsible for the project as defined by national instrument 43101 and has approved the technical information in this news release qaqc kesselrun has implemented a quality control program
To comply with industry best practices for sampling chain of custody and analysis certified gold references standards blanks and duplicates are inserted at the core processing site as part of the qa slash qc program in addition to the control samples inserted by the lab samples are prepared and analyzed by activation laboratories in thunder bay samples are
Analyzed for gold using fire assay aaa techniques samples returning over 10 grams of ton gold are analyzed using fire assay gravimetric methods selected samples are also analyzed with the standard one kilometer one kilogram metallic screw screen fire assay all re all results reported herein have passed qa slash qc protocols stock options the company is granted
250 000 incentive stock options to a consultant to the company the stock options shall be exercised at a price of 40 cents per share for a period of two years from the date of issue health and safety the health and safety of our personnel and contractors is always top priority to kessel run the current situation presents new challenges above and beyond what we
Normally face while working in the field kessler run has implemented further measures to ensure the health and safety of all working on the company’s projects about kessel run resources limited kessel run resources is a thunder bay ontario-based mineral exploration company focused on growth through property acquisitions and discoveries kessler runs management
Team possesses strong geological and exploration expertise in northwest ontario so this is the news for kessler run resources good news but like i said this is a stock that has been on tear it’s been a 10 bagger and because of that with a tight float and a very smart market clap small market cap i think it needs to be a stock that everyone puts on their watch
List everyone puts on their radar now it is a ten beggar it’s up thousand percent since april so we could see a dip again the key here is to find the bottom and to position yourselves accordingly i will continue to tell you the news and any breaking news anything that happens with this company i will do everything i can to let you know first thank you guys for
Watching if you’re not winning you’re not watching we bring you winners and we bring them to you first kessel run resources a company to watch put on your radar put it on your watch list with big news the website kesselrunresources.com and the big news once again kessel run intercepts 15.7 grams a ton gold over 5.2 meters including 52.3 grams a ton over 1.0 meters
Love this news put on your watches put on your radar if you like this video smash the like button comment down below share the video everywhere i would love to know what you guys think about kessel run resources comment in the video let me know this is rich from rich to be live bringing the news first kessel run resources big news just dropped today kes in canada
K s s rf in america thank you guys for watching this is rich from rich to be live we’ll talk to you soon
Transcribed from video
Kesselrun Resources Ltd. (TSXV: KES) (OTC: KSSRF) By RICH TV LIVEliveBroadcastDetails{isLiveNowfalsestartTimestamp2020-10-21T155929+0000endTimestamp2020-10-21T183511+0000}
