Band-Ore Resources (BAN-T) has intersected significant gold by deepening previously-drilled holes on its 100%-owned Thorne property in Timmins, Ont.
The latest results targeted a newly identified pyrite- and gold-mineralized porphyry and comprise two new holes and the extension of seven holes by about 150 metres each.
Highlights of this drilling include a 6.6-metre intersection grading 4.61 grams gold per tonne.
Among the extended holes, one hole intersected 8 metres grading 3.3 grams gold per tonne, including 4.3 metres grading 4.87 grams gold. Three other holes intersected grades of 1-4.22 grams gold over widths of 1-13.5 metres. The highest intercept was 5.37 grams gold over 1.7 metres. One of the two new holes failed to intersect significant gold. Two holes contained intercepts grading less than 0.65 gram gold.
The Sand Hill Porphyry, intersected in these holes, strikes west and dips steeply north. The porphyry has been intersected locally along a 300-metre strike length and to a vertical depth of about 400 metres. The holes that were extended were originally drilled in 1997 to intersect the Golden River West zone, which is located about 100 metres north of the Sand Hill zone.
Gold is associated with pyrite-arsenopyrite mineralization in altered quartz feldspar porphyry.
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