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Knick Exploration Ltd.
Summary
| Project: | East-West | |
|---|---|---|
| Deposit: | East-West | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 6/6/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 6-6-2017: Knick Exploration Ltd. announces an Exploration/Drilling Update report for its East-West deposit at the East-West project. Drilling results incl. 16.55m @ 2.38g/t Au from 65m. Dubuisson Township, close to the City of Val d’Or, Northern Quebec, C | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Gordon N. Henriksen (Internal) | |
| ABSTRACT: | Dubuisson Township, close to the City of Val d’Or, Northern Quebec, Canada. The East-West property covers a strike length of 1.6 kilometers on the Marbenite Fault Zone. Adjacent to the west of the property is the advanced Marban exploration project owned by Osisko Mining (TOSK), and east of the property is the Kiena Mines Complex property owned by Wesdome (TWDO). The East-West program was initiated in November 2016 and completed early March 2017. An up-serge in exploration activity since the beginning of 2017 has resulted in longer turn-around times for sample analysis. This has led to a longer lag time for Knick’s set of data with complete QAQC verification. The program confirmed and extended the mineralized area referred to as the West Zone located about 400 metres eastward from the Osisko Mining Marban deposit resource outline¹ along the Marbenite Fault system. A series of holes drilled on 50 meter spaced sections has confirmed the continuity of the gold system along a minimum strike length of 300 metres going from surface down to a vertical depth of 220 metres. The 6,700 metres program was planned to test the continuity of the gold system along the Marbenite Fault system mostly above 200 metres vertical depth. Twenty-three (23) holes out of the 30 holes drilled returned at least one interval above a selected 0.5 gram of gold per tonne over more than 1.0 meter cut off. | |
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