Recent drilling by Ressources Appalaches (APP-M) has outlined a high-grade gold structure at the Fraser zone on its Sainte-Marguerite property in Quebec’s Gasp region.
Modelling indicates that 10 holes (over 640 metres) have cut a mineralized horizon with a core of massive sulphides hosting gold concentrations that range from 10 to 38 grams gold per tonne and silver values of up to 368 grams.
The structure is associated with the fold nose of a northeast-southwest-oriented fold that plunges about 5 to the southwest. The company says the fold resembles an s-shaped tube with a diameter of about 20 metres. The tube contains a network of quartz veins and gold-bearing massive sulphides. Gold grades increase from the periphery of the fold (3 grams over 10 metres) toward its centre (20 grams over 1.5 metres).
The structure has been traced from the surface to a depth of 70 metres in the west.
The junior plans more drilling to test for an extension to the structure.
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