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Eldorado Gold Corp.
Summary
| Project: | Lamaque | |
|---|---|---|
| Deposit: | Triangle | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 11/14/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 14-11-2017: Eldorado Gold Corp. announces an Exploration/Drilling Update report for its Triangle deposit at the Lamaque project. Drilling results incl. 6.6m @ 38.97g/t Au from 652.9m. VANCOUVER, BC - Eldorado Gold Corporation ("Eldorado" or the "Company") | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Peter Lewis (Internal) | |
| ABSTRACT: | VANCOUVER, BC - Eldorado Gold Corporation ("Eldorado" or the "Company") is pleased to provide an update on the Company’s exploration activities completed to date in 2017. Lamaque resource upgrade and resource expansion drilling: over 31,000 metres of drilling at the Triangle deposit completed since the July acquisition of Integra Gold Corporation (“Integra”). Drilling has affirmed the quality of the current resource and highlights the upside potential of the Lamaque project. Peter Lewis, Eldorado’s Vice President, Exploration stated, “The results to date from the 2017 exploration programs reflect the quality of both our brownfields programs and new projects, and bode well for extending the life of our current operations while strengthening our internal growth pipeline. We are particularly pleased by the strong results from the Lamaque project, where we have identified high-grade vein intercepts outside of the previously defined resources, and we look forward to expanding our exploration programs to new targets on the property.” On July 10, 2017, Eldorado completed the acquisition of Integra and its flagship Lamaque project in Val d’Or, Quebec. Eldorado continued the 2017 drilling program initiated by Integra with over 80,000 metres drilled year to date on the Triangle deposit, Plug 4, and Lamaque deep targets. Six surface drill rigs are currently active at the Triangle deposit, where we have drilled over 31,000 metres since July. A majority of the drilling consisted of resource conversion holes targeting the upper parts of the C2 and C4 zones, and definition drillholes within the C2 bulk sample area. To date, the C2 bulk sample program has included development on four levels(Figure 1) from which 20,992 tonnes have been processed at the Camflo mill. | |
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