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Eldorado Gold Corp.
Summary
| Project: | Lamaque | |
|---|---|---|
| Deposit: | Triangle | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 6/20/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 20-6-2018: Eldorado Gold Corp. announces an Exploration/Drilling Update report for its Triangle deposit at the Lamaque project. Drilling results incl. 1.8m @ 873.96g/t Au from 1595.3m. VANCOUVER, BC - Eldorado Gold Corporation ("Eldorado" or the "Company" | |
| Resources: | (Reserve, P+P): 3.809Mt @ 7.30g/t Au for 893koz Au contained at project | |
| CP/QP: | [Overall Report]: Peter Lewis (Internal) | |
| ABSTRACT: | VANCOUVER, BC - Eldorado Gold Corporation ("Eldorado" or the "Company") is pleased to provide an update on its exploration programs and construction progress at the Lamaque project in Quebec. Mill refurbishment and underground mine development are ahead of schedule and production from the refurbished mill remains on track for 2019. Exploration results include over 12,000 metres of resource expansion drilling received since the 2017 year-end resource update “Results from this year’s exploration drilling continue to demonstrate the outstanding resource upside potential of the Lamaque project,” said Peter Lewis, Eldorado’s Vice President, Exploration. “Our new drilling at Triangle confirms that the shear-hosted vein systems and steeply plunging intrusions that control mineralization in the upper deposit persist to at least 1,800 metres depth, with high grades reported in several newly-identified shear zones and in related secondary shear zones and extension vein systems. At the Parallel deposit, step-out drilling has linked the mineralized shear zones with historically mined zones at the nearby Lamaque and Plug 5 deposits. "We have approximately 10,000 additional metres of drilling planned for this year focused on resource expansion in the lower Triangle deposit, and further testing and definition of new targets. An additional 10,000-12,000 metres of underground resource conversion drilling will target the 686,000 inferred ounces defined in the C4 and C5 zones. Drilling access will also be available from the newly constructed and dedicated drilling platforms on the 166 and 184 levels of the Triangle underground.” (See Figure 1). | |
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