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Goldcorp Inc.
Summary
| Project: | Borden | |
|---|---|---|
| Deposit: | Borden | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 4/26/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 26-4-2017: Goldcorp Inc. announces an Exploration/Drilling Update report for its Borden deposit at the Borden project. Drilling results incl. 5.15m @ 2.26g/t Au from 1019.05m. GOLDCORP INC. (TSX: G, NYSE: GG) is pleased to provide an update on its 2017 ex | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Sally Goodman (Internal) | |
| ABSTRACT: | GOLDCORP INC. (TSX: G, NYSE: GG) is pleased to provide an update on its 2017 exploration program. Representative drill results are provided below; website links to further information including full drill results, drill coordinates, QA/QC information and relevant diagrams are provided at the end of each section. "During the quarter we continued to focus our efforts on reserve replacement and populating the resource triangle with new targets," said Paul Harbidge, Senior Vice-President, Exploration. "I am encouraged with the positive results that we are seeing from our portfolio of projects as well as the generative studies which are laying the foundation for future exploration success. We are well positioned to meet our targeted 20% increase in reserves over the next five years." n the first quarter, the exploration focus was primarily to initiate the planned review of the Borden geological model. The review is centered on an extensive core re-logging program that will also benefit significantly from a number of planned oriented wedge core holes being drilled through the deposit. A distinctive mottle-textured amphibolite has been identified at the base of the high grade zone (the Footwall Amphibolite) and can be traced through the deposit and therefore acts as a very good marker horizon. Core re-logging, as well as ongoing orientated drilling, is highlighting two dominant mineralization trends in the deposit, one trend appears to follow the F1 fold axis lineations, and the other is closer to boudin long-axis lineations. Drilling at Borden West is targeting the Footwall Amphibolite contact and associated gold zone along strike from the Borden deposit. Mineralization is expected to be associated with a garnet biotite felsic gneiss unit, with various amounts of quartz veining/flooding and sulphides. One result was received for hole BL16-1006 but only intersected anomalous gold values. A second hole BL16-01011 remains to be completed. | |
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