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Eldorado Gold Corp.
Summary
| Project: | Stratoni | |
|---|---|---|
| Deposit: | Mavres Petres | |
| Location: | Greece | |
| Commodities: | Silver-Lead-Zinc | |
| Date: | 10/25/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 25-10-2018: Eldorado Gold Corp. announces an Exploration/Drilling Update report for its Mavres Petres deposit at the Stratoni project. Drilling results incl. 40.40m @ 155pm Ag, 6.0% Pb, 7.9% Zn from 132.60m. Five drill rigs were active through the year te | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Peter Lewis (Internal) | |
| ABSTRACT: | Five drill rigs were active through the year testing extensions to the Parallel Deposit, the lower part of the Triangle Deposit and other targets within the project area. At the Triangle Deposit, drillhole TM-15-20 intersected a new zone of stockwork to sheeted extensional vein networks in the footwall to C10, including closely-spaced intervals of 29.40m @ 5.4 g/t Au, 64.20m @ 4.5 g/t Au, and 19.40m @ 7.5 g/t Au. Although this style of mineralization has been identified previously at the Triangle Deposit, and was mined historically at the nearby Lamaque Mine, these intervals are significantly wider than most previous intersections. The entire interval including the C10 shear vein and the footwall vein network zones totals 193.90m @ 3.7 g/t Au. The network zones are localized within the lower part of the Triangle plug, which at this level forms an east-west striking subvertical dyke (Figure 1). Together with the existing inferred resource base in the lower C4, C5, and C7 zones, this new discovery highlights the outstanding potential of the Triangle deposit below those areas included in the 2018 Pre-Feasibility Study. New drilling results also include multiple high-grade intersections associated with the C9, C9B, and C10 shear zones. C10 is now defined over a strike length of approximately 400m and a vertical extent of up to 200 metres (Figure 2a). Highest grade and thickest intersections have been from the easternmost drillholes, and the zone remains open to both the west and east. In addition, the newly-recognized zone C9B, lying midway between C9 and C10, contains similar grades and thicknesses to C10, and is also open to the east (Figure 2b). | |
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