By Cory댊
Maple Gold Intersects Several Mineralized Zones in East-Central Resource Area: Including 21m of 3.49 g/t Au and 27.5m of 1.25 g/t Au
Here are the latest drill results from Maple Gold Mines. These results come from the eastern part of the Porphyry Zone and are within the current resource area. Since this drilling is in an area with lower density drilling hopefully these results will be able to move some of the inferred ounces into indicated when we get another resource update. There is also the potential for new discoveries as stated by Matthew in the release.
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…Here’s the news…
Montreal, Quebec–(Newsfile Corp. – July 9, 2018) – Maple Gold Mines Ltd. (TSXV: MGM) (OTCQB: MGMLF) (FSE: M3G) (“Maple Gold” or the “Company“) is pleased to report additional drill results from the eastern half of the Porphyry Zone within the current Resource Area at the Douay Project. Within this area (see Figure 1) a total of sixteen (16) infill and step-out holes were drilled in 2018, with all assays now received. The highlighted results below are from holes that were drilled in an area with lower drill density (see Figure 1), so the opportunity exists to define additional zones further north. The main intercepts in DO-18-247 and DO-18-254 show significantly higher grades than adjacent holes, indicating that grade may increase with depth in this area.
- DO-18-247 cut several mineralized zones, including 21.0m of 3.49 g/t Au, including 6.0m of 9.32 g/t Au, both uncapped (see Figure 2A).
- DO-18-254 cut 27.5m of 1.25 g/t Au, including 2.1m of 5.36 g/t Au (see Figure 2B)
- DO-18-244 cut several mineralized zones, including 7m of 2.06 g/t Au and three others over 1 g/t Au (see Figure 2C)
In addition to the highlights mentioned above, several other drill-holes confirmed lateral and vertical continuity of mineralization (see Table 1: Highlighted Drill-Results from the Eastern Portion of the Porphyry Zone appended to this press release).
Maple Gold’s President and CEO, Matthew Hornor, stated: “We continue to intersect new zones of mineralization and given the widely spaced drilling in this eastern part of the Resource Area there is still good potential to make additional discoveries with further drilling.”
DO-18-247 (Figure 1 and 2A) confirmed the down–dip extension of the mineralized zones cut in historical hole DO-11-72 collared 260m to the north, with a significantly higher grade intercept in the 2018 hole as compared to historical holes. Compared to the existing block model, DO-18-247 will improve block grades, and should allow the conceptual pit to extend to greater depth. Similarly, DO-18-254 confirmed the lateral continuity of the same interpreted mineralized zone, again with higher than expected grades. The up-dip extension of this zone will require additional drilling. The DO-18-254 intercept of 27.5m averaging 1.25 g/t Au intercept is part of a broader and lower grade envelope of 61.5m averaging 0.76 g/t Au.
Fig. 1: Drill plan for eastern part of Porphyry Zone. New mineralized zone shown in pink is interpreted as drill spacing is still relatively broad in this area. Further drilling will be required to confirm and possibly extend this mineralization. Intercept average grades rounded to single decimal place for presentation purposes
To view an enhanced version of Figure 1, Please visit:
http://orders.newsfilecorp.com/files/3077/35775_a1531105760827_42.jpg
Drill-hole DO-18-244 was collared 325m to the NE of DO-18-247, and was an infill hole that confirmed continuity of mineralization between older holes. In addition, the hole also cut 4 separate high–grade zones outside the northernlimits of the current blocks that are interpreted to be new zones. The nearest drill-holes testing these structures occur 141m to the west. This eastern portion of the Porphyry Zone is a geologically more complex part of the deposit. Syenite is less abundant in this area as compared to the western part of the Porphyry Zone (see Figure 2: A, B & C).
Click the following link to view Figure 2C along with larger high-resolution images for Figure 2A and 2B:
https://www.maplegoldmines.com/index.php/en/?option=com_content&view=article&layout=edit&id=274.
To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/3077/35775_Maple2.jpg
Table 1: Highlighted 2018 Drill Results to-date from Eastern Portion of the Porphyry Zone
(Drill-holes shaded grey correspond to cross sections)
To view an enhanced version of Table 1, please visit:
http://orders.newsfilecorp.com/files/3077/35775_a1531105762139_56.jpg
Qualified Person
The scientific and technical data contained in this press release was reviewed and prepared under the supervision of Fred Speidel, M. Sc, P. Geo., Vice-President Exploration, of Maple Gold. Mr. Speidel is a Qualified Person under National Instrument 43-101 Standards of Disclosure for Mineral Projects. Mr. Speidel has verified the data related to the exploration information disclosed in this news release through his direct participation in the work.
Quality Assurance (QA) and Quality Control (QC)
Maple Gold implements strict Quality Assurance (“QA”) and Quality Control (“QC”) protocols at Douay covering the planning and placing of drill holes in the field; drilling and retrieving the NQ-sized drill core; drill-hole surveying; core transport to the Douay Camp; core logging by qualified personnel; sampling and bagging of core for analysis; transport of core from site to the analytical laboratory; sample preparation for assaying; and analysis, recording and …read more
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