Vancouver — International Curator Resources (IC-T) has discovered a new gold zone along strike of the Hunt target on the Assean Lake gold project, 120 km northeast of Thompson, Man.
Collared 3.5 km away from the Hunt zone, hole 60 returned 4 metres grading 10.2 grams gold from 42 metres downhole. Included in this section was a higher-grade portion running 23.9 grams gold over 1.5 metres.
The company hit the new zone while testing a series of geophysical anomalies during an on going 5,000 metre drill program. Some 2,000 metres of drilling is planned for reconnaissance targets, while a total of 8-holes marking 3,000 metres are slated to test the Hunt zone to a depth of 350 metres.
So far, the Hunt target has been intersected by 24 holes over a strike length of 700 metres and to a depth of 150 metres. Grades as high as 9.37 grams gold over 8.15 metres have been intersected. The high-grade shoot remains open at depth and is flanked by lower-grade mineralization. A second, thick gold zone was intersected 20 metres below the main mineralization.
Numerous targets remain untested along the 8-km-long strike length of the Assean Lake deformation zone, which represents a deep-seated fault system. Gold mineralization at Assean Lake occurs in highly altered and silicified shear zones in Archean and Proterozoic-aged metavolcanic and metasedimentary rocks. These rocks lie on the boundary of the Superior and Churchill geologic provinces.
International Curator can earn a 60% stake in the property from a private company by spending $1.25 million over four years.
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