Claude cuts new gold at Currie Rose Saskatoon, Sask.-based junior gold producer Claude Resources (CBJ-T) has cut a new zone of gold mineralization on the Currie Rose property surrounding its Seabee mine in northeastern Saskatchewan.
During the winter, Claude spent $250,000 sinking 18 holes for 3,355 metres of core drilling on the property’s West Porky project, named after a nearby lake. West Porky lies about 2 km from the Seabee mine.
So far, the company has tested about a two-thirds, 600 metres, of the target’s strike length. The tested portion parallels a major metamorphosed volcano-sedimentary rock contact. Gold is hosted by several rock types, with significant intersections hosted by both a feldspathic arenite and a calc-silicate.
Most of the drill holes returned between 2 and 15 grams gold per tonne over 1-4-metre intervals.
Two holes targeting mafic volcanic rocks yielded up to 55 grams gold, well above Seabee’s 8-gram-per-tonne average.
The mineralization is associated with a south-southeast trending, steeply dipping (75 to the southwest) shear structure, which appears to diverge from the arenite contact near the closure of the Porky Lake synform. The zone remains open to the southeast and northwest. Future drilling will look for extension in both directions.
The strongest part of the system is a banded, altered diopside-bearing mafic volcanic shear zone that is well mineralized for at least 400 metres of strike length.
Claude has a 100% working interest in the 11,000-acre Currie Rose property, subject to a 30% net profit interest to Currie Rose Resources (CUI-V).
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