Issue link: http://resourceworld.uberflip.com/i/1174544
26 www.resourceworld.com O C T O B E R / N O V E M B E R 2 0 1 9 Broker's Picks by Stew Vorberg and Doug Wood A fter a recent injection of $1.6 million into its coffers, Winston Gold Corp. [WGC-CSE; WGMCF- OTCQB] is now breaking ground to advance two underground access tunnels to continue to explore its wholly-owned historic Winston Gold Mine in Montana. The high-grade, past producing Winston gold mine is located just 37 km southeast of Helena, and is easily acces- sible by paved highway. What is becoming clear about this company is the fact that it has the potential to restart mining opera- tions quickly and with minimal upfront capital. The Custer Vein was mined sporadically between 1930 and 1955. High-grade gold mineralization was mined along strike for over 2,400 feet (732 metres) on five pri- mary levels and reports estimate that only limited mining was performed below the water table which is situated at the 400 foot level (4,180 feet elevation). Over the past few years, Winston Gold completed several drill programs that not only confirmed and expanded mineralized zones below the known workings of the Custer Vein but also delineated two addi- tional, near surface, vein systems known as the Parallel and the Block 93 veins. The company's plan is to access and test mine the shallower Parallel and Block 93 vein systems. At the same time Winston intends to access and rehabili- tate the old upper-level workings of the Custer Mine and sample the margins of the Custer vein for potentially economic gold mineralization. The first tunnel, now dubbed Carrabba, is a brand-new access tunnel that is expected to extend for a total of 900 feet (274 metres) at a 1% grade and provide access to the high-grade gold mineralization identified in the Block 93 and Parallel veins. It is also anticipated to provide access into the historic Custer workings at the upper- most level of the old Custer Mine. The second access tunnel, named Tunnel #1, is located about 1,500 feet (or 457 metres) to the northwest of the Carrabba portal. Tunnel #1 is a historic tunnel that will be widened and reha- bilitated. It will access the old Custer workings about 1,000 feet (304 metres) northeast of where the Carrabba tunnel will break into the workings on the same level. Tunnel #1 was last used in the late 1970s and early 1980s to access the Custer workings to mine out sections of the vein to the surface. Tunnel #1 will not only provide free airflow for ventilation but also a necessary secondary escape way when test-mining of Winston Gold going underground at historic Montana gold mine A three-dimensional representation of existing and proposed underground workings at the historic Winston gold mine near Helena, Montana. Illustration courtesy Winston Gold Corp.