By Cory댊 First Assays from Los Cisnes Drilling Extend High-Grade Silver Mineralization; LCsD-14 Intersects 566 g/t Ag over 4.4m (4.1m True Width)
Here are the first drill results from New Dimension Resources on the Los Cisnes Property. I will be chatting with Eric Roth tomorrow so please email me any questions or comments on the news. I will be happy to address them with Eric. My email address is Fleck@kereport.com.
…Here’s the news…
VANCOUVER, July 26, 2018 /CNW/ – New Dimension Resources Ltd. (TSXV: NDR) (the “Company” or “New Dimension”) is pleased to announce that the Phase I diamond drill program targeting high-grade silver(-gold) mineralization at the Los Cisnes Project (Figure 1) has now been completed. This represents the first drill program to be undertaken by New Dimension since the acquisition of the Santa Cruz Portfolio of 3 advanced-stage gold-silver projects from Sandstorm Gold Ltd (TSX: SSL, NYSE: SAND) in May, 2018.
Highlights
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A total of 16 diamond drill holes for 1,564m were completed at the Los Cisnes Project, which is located 75km southwest of Yamana Gold Inc’s high-grade Cerro Moro gold-silver mine. |
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Assays support both down-dip and along-strike extensions to the high-grade silver mineralization reported by a previous operator (Mariana Resources Ltd, or “Mariana”) |
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Two step-back holes (LCsD-14 and LCsD-18) were drilled to Mariana’s scout drill hole LCsD-09, with its reported intercept of 2.9m @ 755 g/t Ag from 32.1m downhole (including 0.9m @ 1,400 g/t Ag1) (Figures 2 & 3). Both New Dimension drill holes successfully intersected down-dip extensions to the high-grade silver mineralization in LCsD-09: |
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LCsD-14: |
4.4m @ 566 g/t Ag from 100.3m downhole |
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(60m step-back) |
Including 1m @ 740 g/t Ag from 102.0 m downhole and 0.8m @ 1,653 g/t |
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Ag from 103m downhole |
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LCsD-18: |
4.4m @ 123 g/t Ag from 47.6m downhole |
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(15m step-back) |
Including 0.8m @ 276 g/t Ag from 49.2m downhole |
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Two step-out holes to LCsD-09 (LCsD-20 and LCsD-15), designed to test for lateral extensions to the previously reported interval of 2.9m @ 755 g/t Ag1, also returned high-grade silver intercepts: |
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LCsD-20: |
2.0m @ 381 g/t Ag from 39.0m downhole |
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(39m West) |
Including 0.8m @ 528 g/t Ag from 39.0 m downhole |
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LCsD-15: (33m E) |
1.8m @ 182 g/t Ag from 59.7m downhole |
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Eric Roth, New Dimension’s CEO, commented today: “I am delighted to be reporting the first assays from our Phase I Santa Cruz Diamond Drill Program. These initial results have confirmed extensions to the known high-grade silver mineralization at our Los Cisnes Project, especially in the vicinity of the scout drill hole LCsD-09 completed by Mariana in 2015. Results from our step-back hole LCsD-14 – a 60m down-dip extension of the LCsD-09 mineralization – are particularly significant, as it includes a very high-grade interval assaying 0.8m @ 1,653 g/t Ag. No drilling has been completed beneath this level, so potential still exists for extending this high-grade silver mineralization to >60m vertically below surface.”
Link to figures:
https://newdimensionresources.com/site/assets/news/2018_07_Los_Cisnes_Figures.pdf
A brief video demonstrating the 3D geometry of the Brio vein/breccia system and the 2018 drill results is also available at https://vimeo.com/adnet/review/281316337/c2f782cb22
Los Cisnes Project Overview and 2018 Drill Results
High-grade silver(-gold) values were identified at Los Cisnes from previous channel sampling and scout diamond drilling on the Brio vein/breccia system. Brio is a quartz-sulfide(-Fe-oxide) vein/breccia system which strikes ENE, can be traced on surface for approximately 2.3km, and is up to 3m wide. In 2015, 8 scout diamond drill holes for 723m were completed along the Brio structure, with the best intercept being 2.9m @ 755 g/t Ag from 32.1mdownhole in LCsD-091.
Summaries of the assay results received and technical data for the 2018 Los Cisnes drill holes are given in Tables 1 and 2, respectively. Mineralized intercepts at Brio are defined by quartz-Fe-oxide(-pyrite-acanthite or Ag2S)-style mineralization in a subvertical vein/vein breccia system (Figure 4). A potential N-S cross structure to the main Brio structure (and identified from ground magnetic data) in the LCsD-9 area will also now be reviewed in further detail as this may also represent a significant new target for further exploration at Los Cisnes. Host rocks to the Los Cisnes mineralization are dominated by an upper sequence of welded ignimbrites and a lower sequence of dominantly lithic ignimbrites.
Table 1. Summary of assay results for Los Cisnes 2018 drilling
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Drill Hole |
From (m) |
To (m) |
Intercept |
True |
Ag g/t |
Au g/t |
Comments |
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LCsD-14 |
100.3 |
104.7 |
4.4 |
4.1 |
566 |
0.31 |
Step-back |
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Including |
102.0 |
103.0 |
1.0 |
0.9 |
740 |
0.98 |
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Including |
103.0 |
103.8 |
0.8 |
0.7 |
1,653 |
0.20 |
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LCsD-15 |
59.7 |
61.5 |
1.8 |
1.6 |
182 |
0.24 |
Step-out E |
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and |
73.0 |
75.0 |
2.0 |
1.8 |
75 |
0.02 |
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LCsD-16 |
NSR |
Step-out E |
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LCsD-17 |
67.5 |
71.4 |
3.9 |
3.5 |
12 |
0.01 |
Brio |
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LCsD-18 |
47.6 |
52.0 |
4.4 |
4.2 |
123 |
0.04 |
Step back |
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Including |
49.2 |
50.0 |
0.8 |
0.7 |
276 |
0.08 |
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LCsD-19 |
55.5 |
56.5 |
1.0 |
0.9 |
56 |
0.09 |
Brio |
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LCsD-20 |
39.0 |
41.0 |
2.0 |
1.8 |
381 |
0.12 |
Step-out W to LCsD- |
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Including |
39.0 |
39.8 |
0.8 |
0.7 |
528 |
0.23 |
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LCsD-21 |
20.7 |
21.0 |
0.3 |
0.27 |
58 |
0.91 |
Brio |
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and |
84.0 |
88.0 |
4.0 |
3.6 |
28 |
0.03 |
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LCsD-22 |
NSR |
Brio |
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LCsD-23 |
62.0 |
66.0 |
4.0 |
3.6 |
23 |
0.02 |
Brio |
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LCsD-24 |
22.0 |
26.0 |
4.0 |
3.6 |
33 |
0.05 |
Brio |
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LCsD-25 |
NSR |
Brio |
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LCsD-26 |
111.0 |
114.5 |
3.5 |
3.1 |
51 |
0.03 |
Brio |
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LCsD-27 |
NSR |
Brio |
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LCsD-28 |
NSR |
Brio |
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LCsD-29 |
34.0 |
37.0 |
3.0 |
2.7 |
10 |
0.04 |
Brio |
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NSR = Ag values < 15 g/t, Au values < 0.02 g/t, *Estimated true width |
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Quality Control and Assurance
Mineralized intervals presented in Table 1 are drill intersection widths and may not represent true widths of mineralization. Drill core obtained from the diamond drill program is HQ-sized. All drill core was photographed and quick logged prior to sampling. Standard sampling protocol involved the halving of all drill core and sampling over intervals determined by geology (and generally not exceeding 1m in clearly mineralized sections), with one half of the core being placed in a sealed sample bag and dispatched to the analytical laboratory for analysis. Samples were dispatched to Alex Stewart’s sample preparation facility in Puerto San Julian, with pulps subsequently being sent to the Alex Stewart’s analytical lab in Mendoza. …read more
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