Partners
Boston is one of several deposits that make up the partners’ equally owned Hope Bay project. The underground program confirmed three high-grade trends within the B2 zone at Boston, yielding some spectacular assays in the process. Highlights (all true widths) include 7.2 metres grading 75.4 grams gold per tonne, 4 metres of 185 grams and 3.4 metres of 151 grams.
David Fennell, president of Hope Bay Gold (formerly Cambiex Exploration), says the results exceeded expectations with respect to the grade and continuity of the Boston deposit. “It is with renewed confidence that we now begin the process of estimating a new resource at Boston, and at both Doris deposits, due to be completed by September.”
The partners now have results in hand from 16,000 metres of drilling in 144 holes at Boston. Of this total, 69 were drilled into the B2 zone, followed by 65 tighter-spaced holes on the same target. The remaining 10 holes were drilled into the B3 zone.
A previous operator estimated that the B2 zone contained an inferred resource of 4.2 million tonnes grading 12.2 grams gold in an overall inferred resource of 5.7 million tonnes grading 13.1 grams for the entire Boston deposit. The high-grade zones remain open at depth.
Miramar and Hope Bay Gold control virtually all the Hope Bay greenstone belt, in which three main mineralized systems have been identified to date: Boston, Doris (North and Central) and Madrid. These contain an inferred resource (estimated by a previous operator) of 12.8 million tonnes grading 10.4 grams gold per tonne.
This year’s work program was aimed at infill drilling in the core areas of the Boston and Doris deposits, the objective being to upgrade the resource to the measured and indicated category (a prerequisite to begin a prefeasibility study). In addition, crews have identified 14 targets of economic interest, all of which will be tested in ongoing work programs.
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