Miramar extends mineralized trends

Underground drilling at Miramar Mining’s (TSE) Con mine near Yellowknife, N.W.T., has intersected extensions to two mineralized trends in areas that previously saw little exploration.

The 101-102 trends — mined from the 2,400-ft. level down to 5,700 ft., and still containing significant minable reserves — have contributed about half of the 5.1 million oz. gold produced to date.

Recent drilling from the 2,300-ft. level indicates that the trends continue upwards and remain open towards surface. The area is close to existing workings and easily accessible. Significant values received from intersections of the 101 extension (all cut to 2 oz.) are: 6.2 ft. of 0.63 oz. gold per ton for hole B-8935, including a 2.3-ft. interval grading 8.79 oz.; 8.2 ft. of 0.73 oz., including a 2.9-ft. interval of 4.54 oz. for B-8944; and 6.3 ft. of 0.73 oz. for B-8945.

Intercepts of the 102 zone include: 7.8 ft. grading 0.47 oz. for B-9001; 10.9 ft. grading 0.31 oz. for B-8937; and 6 ft. grading 0.31 oz. for B-8936. The program also intersected extensions to the Negus-Pud block, which is an area of the Campbell shear that is defined by the two faults. Access for drilling is being provided by the southern advancement of the 3,500-ft. level. Hole B-8952 returned the best intersection of the first five holes drilled: 17.9 ft. of 0.52 oz., including a 2.4-ft. interval grading 5.12 oz. Miramar regards the area as having excellent potential for the identification of major new ore trends.

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