Vancouver The first hole of an on going 25,000-ft. drill program by Northern Star Mining (NSM-V) has cut mineralization 1,200 ft below surface at the Midway property just west of Val d’Or, Quebec.
Hole 10 marks the deepest drill intercept to date on the property yielding 6.5 ft grading 0.23 oz gold per tonne, 11.38 ft grading 0.19 oz gold and 16.2 ft grading 0.22 oz gold, in three separate zones.
Over the past year, Northern Star has been busy drill tested the property, which hosts the number 1 shaft of the past producing Malartic Gold Fields mine. In production from 1939 through till 1962, the operation produced nearly 2 million oz of gold with mining extended down to the 2,400 foot level. Historical geological reports give the Midway project a probable resource of 420,504 tons grading 0.2 oz gold per ton. The possible resources tally 255,268 tons grading 0.2 oz gold. Some 451,943 tons grading 0.16 oz gold are classified as geological resources adjacent to the old mine workings.
Northern Star has so far focussed on the southern portion of the property, which straddles the prolific Cadillac structural break. Gold mineralization occurs in en echelon veins in gabbro bodies associated with sulphides, mainly pyrite. Lower grade gold mineralization is also found in quartz monzonite intrusive.
Earlier this year, Northern Star punched 9 widely spaced drill holes into the property with an eye on increasing the resources in the upper 700-ft.
Highlights from that program include:
- Hole 1 20.1 ft. grading 0.18 oz gold,
- Hole 2 21.3 ft grading 0.33 oz gold,
- Hole 4 22.9 ft grading 0.09 oz gold,
- Hole 6 51.6 ft grading 0.3 oz gold,
- Hole 7 46.2 ft grading 0.3 oz gold,
- Hole 8 22.1 ft grading 0.58 oz gold,
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