Work program at Gross Rosebel

Near the coast of Suriname, Golden Star Resources (TSE) and Cambior (TSE) have completed trenching and drilling on the Gross Rosebel gold prospect.

The program, which cost US$3.7 million, was aimed at defining targets on several prospects within the northern and southern blocks which, combined, comprise 17,000 hectares.

Sampling in the northern block returned many anomalous gold values over five zones. Assay results from a trench over one zone included 1.5 grams per tonne over 19.4 metres and 1.8 grams over 26.2 metres, whereas trenching results from another included 18.5 grams over 11 metres.

Drilling in the northern block was focused on two structures. In the Pay Caro zone, 50 holes were drilled to test part of a large gold soil anomaly covering a 1,200-by-110-metre area. The holes were collared along 100-metre sections at 25-metre spacings. Of the 19 reported intersections, the highest-grade intercept averaged 4.62 grams over 6 metres; the longest assayed 1.26 grams over 120.4 metres. Most of the remaining intersections averaged between 1 and 2 grams over widths of 2 to 22 metres. Meanwhile, on the 500-by-150-metre East Pay Caro zone, initial trenching and drilling results proved to be encouraging. Three trenches yielded assays of 3.5 grams over 43.4 metres, 2.2 grams over 28.9 metres and 3.5 grams over 29.4 metres.

Twelve holes were drilled to test the East Pay Caro. Reported intersections ranged between 0.92 and 3.28 grams over widths varying from 4 to 72 metres. Cambior can earn half of Golden Star’s interests in the property by providing $6 million towards development by June 30, 1996.