Vancouver — A delay in public hearings on the proposed development of the Doris North gold deposit in Nunavut has forced
The deposit is part of the Hope Bay project, 65 km east of Bathurst Inlet.
The Nunavut Impact Review Board requested the delay in order to examine the development proposal at greater length. None of the parties involved has opposed the permitting.
The delay will affect the planned shipping schedule, as well as construction and equipment contracts.
On a positive note, results from a winter drill program are expected to increase the resource of the Madrid deposit, part of the Hope Bay project. At last report, the indicated resource was 1.6 million tonnes grading 5.4 grams gold per tonne, whereas the inferred figure stood at 2.7 million tonnes at 4.1 grams gold — all in the Naartok zone.
Hole 262 returned 43.9 metres (from 363.3 metres) grading 6.3 grams gold, including 4.2 metres of 13.6 grams, as well as 20.5 metres (from 531.7 metres) of 6.2 grams gold. The second intercept included a section of 1.9 metres grading 20.2 grams gold.
Hole 265 cut 20.9 metres (from 328 metres) grading 10.5 grams gold, including a 6-metre, high-grade section of 31.3 grams and 1 metre of 140.9 grams.
Meanwhile, the company is trying to upgrade the resource of the Boston deposit, also part of Hope Bay, by means of definition and infill drilling. Boston has 2,700 metres of underground development already in place.
The Hope Bay project comprises more than 1,000 sq. km and has a combined resource equivalent to 5.4 million oz. gold.
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