Montreal-listed MSV Resources has intersected five zones of gold-copper mineralization in one hole at the Cedar Bay mine near Chibougamau, Que.
The best intersection averaged 0.445 oz. gold per ton and 2.92% copper over 11 ft. Other sections ran between 0.09 and 0.15 oz. gold and 0.32 and 1.20% copper over intervals ranging between 4 and 9.5 ft.
The hole was collared in the underground workings of the neighboring Copper Rand mine; it tested the Cedar Bay mine between the 3,200- and 3,840-ft. levels.
MSV will drill another eight holes to test these zones between 2,600 ft. and 3,800 ft.
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