For thousands of other reports visit RSC's Mineral Intellingence Map
Detour Gold Corp.
Summary
| Project: | Detour Lake | |
|---|---|---|
| Deposit: | Zone 58N | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 7/25/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Active Mining & Production | |
| Report details: | 25-7-2018: Detour Gold Corp. announces a Resource Estimation report for its Zone 58N deposit at the Detour Lake project. Initial mineral resource estimate for Zone 58N deposit. July 25, 2018 – Detour Gold Corporation (TSX: DGC) (“Detour Gold” or the “Comp | |
| Resources: | (Resource): 2.87Mt @ 5.80g/t Au (Ind.), 0.97Mt @ 4.35g/t Au (Inf.) | |
| CP/QP: | [Resources]: Rejean Sirois (G Mining Services Inc.) | |
| ABSTRACT: | July 25, 2018 – Detour Gold Corporation (TSX: DGC) (“Detour Gold” or the “Company”) reports an initial independent mineral resource estimate for the Zone 58N gold deposit located six kilometres south of its 100% owned Detour Lake gold mine. The mineral resource estimate is comprised of an Indicated resource of 2.87 million tonnes grading 5.80 g/t for 534,300 ounces of gold and an Inferred resource of 0.97 million tonnes grading 4.35 g/t for 136,100 ounces of gold. Michael Kenyon, Interim CEO, commented: “Detour Gold is in the fortunate position of having a large mineral reserve base of 16.0 million ounces supporting a mine life of 23 years. The strategy undertaken over the last few years in advancing Zone 58N is to leverage the infrastructure we have in this prospective gold camp by finding high grade satellite deposits within trucking distance to our mill. With this initial resource at Zone 58N, which remains open at depth, and other prospective targets we have identified in our exploration programs, we are beginning to demonstrate the benefits of this strategy, and look forward to further advancing Zone 58N and other future discoveries on our large 647 km2 land position.” The resource estimate for Zone 58N incorporates the assay results from 332 diamond drill holes totaling 109,700 metres. Drill spacing is approximately 25 x 25 metres in the upper 500 metres of the deposit and 40 x 40 metres below 500 metres. The mineral resource model only considers mineralized zones that are potentially mineable by underground extraction and contained within the modelled wireframes. The block model was prepared and constrained using 3D wireframes of geological domains that are associated with gold mineralization. Grade estimation was interpolated into blocks using a combination of Inverse Distance Cubed (ID3) and Nearest Neighbor (NN). The mineral resource was reported using a gold cut-off grade of 2.2 g/t and a minimum true thickness of 3 metres. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report