With 12,000 metres of drilling now completed, Band-Ore Resources (BNDR-C) has traced the gold-bearing zones at its Thorne property along a 300-metre strike length.
New results from the property, 10 km west of Timmins, Ont., indicate that grades and widths are holding up as the company attempts to measure the extent of the mineralization. Assay results have been released for seven new holes, most of which tested the zone at depth.
The best new intersection is hole TH96-45, drilled on a line 75 metres east of the original discovery holes. The new hole cut 12 metres grading 8.2 grams gold per tonne, including a 5-metre section grading 16.8 grams, at a vertical depth of 140 metres. Two other intersections in the same hole had grades of 3.8 grams over 1.9 metres and 8.9 grams over 2.1 metres. Another hole, TH96-47, collared 25 metres north of hole 45, encountered a 6-metre core length grading 3.5 grams almost directly below the mineralization in hole 45.
Holes TH96-37 and TH96-41, drilled north toward the mineralized structure, both encountered mineralization, including 7.5 metres grading 3.4 grams gold in hole 37 and 2.5 metres grading 8.6 grams in hole 41. The main mineralized intersections in these holes both appear to be vertically below the mineralized zones outlined by earlier drilling.
Holes drilled into shallower sections of the structure also intersected gold mineralization, with grades of up to 9.6 grams.
Band-Ore geologists have noted similar mineralization in drill cores that are now being examined amd sampled. Hole TH96-60, 225 metres east of the discovery holes and 150 metres north of the surface projection of the structure, has a long intersection of muscovite schist with pyrite and arsenopyrite similar to other strongly mineralized holes at the property. The total strike length of the known mineralization is now 300 metres, and gold mineralization has been confirmed at depths of down to 200 metres below surface.
Band-Ore has two drills on site and will add a third.
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