While awaiting assay results from drilling programs on two of its Ontario properties,
At the GQ diamond property, near Wawa, Ont., three short drill holes totalling 75 metres tested a diatreme near the original diamond discovery, where 13 macrodiamonds and 181 microdiamonds were recovered along a 100-metre exposure. All the holes cut breccia similar to the diamondiferous hypabyssal facies breccia found in the discovery outcrop. Microdiamond recovery results from Lakefield Research are expected soon.
Six holes on the company’s Stillar Bay gold property, 230 km northwest of Thunder Bay, tested a deformation and alteration zone, where surface sampling returned gold grades ranging from anomalous to 16 grams per tonne.
At the company’s Wakemac property in Denton Twp., 25 km west of Timmins, a 600-metre drilling program has begun testing an induced-polarized anomaly. Privately owned Explorers Alliance, which can earn a 70% interest in the property, believes the anomaly represents a volcanogenic massive sulphide deposit. Recent grab samples returned values ranging from 1.3 to 60.2 grams gold, 2.6 to 79.9 grams silver and 0.07-6.13% zinc over 50 metres.
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