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Manitou Gold Inc.
Summary
| Project: | Kenwest | |
|---|---|---|
| Deposit: | 1946 Zone | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 3/27/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 27-3-2018: Manitou Gold Inc. announces an Exploration/Drilling Update report for its 1946 Zone deposit at the Kenwest project. Drilling results incl. 1.91m @ 25.2g/t Au from 79.5m. SUDBURY, ONTARIO – March 27, 2018 – Manitou Gold Inc. (TSX-V: MTU) (the “C | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Richard Murphy (Internal) | |
| ABSTRACT: | SUDBURY, ONTARIO – March 27, 2018 – Manitou Gold Inc. (TSX-V: MTU) (the “Company” or “Manitou”) is pleased to announce receipt of final results for the remaining 12 of 16 holes completed in the winter drilling program at its Kenwest property, located approximately 50 km South of Dryden, Ontario. A total of 2,078 metres of drilling over 16 holes were completed in February 2018. The assay results for the first 4 drill holes were announced in a press release dated February 28, 2018. Highlights of the full drill program are presented in the table below. True thicknesses are estimated at approximately 70% of reported core lengths. A map illustrating the drill hole locations can be found in figure 1 and on the Company’s website at www.manitougold.com. Holes KW-18-01 through 04 were drilled to test the Kenwest BM#2 shear zone, delivering considerable success. Drill holes KW-18-05 through 16 were all drilled to test new areas of potential identified along the BM#1 shear zone. Holes KW-18-05 through KW-18-10 were drilled in an area interpreted to correspond with the up plunge potential of the last mineralized body mined by Kenwest Mines before the operations were shut down in 1946. Their final mining activity took place on the 6th mine level (approximately 180 meters deep). There has been no past exploration between this last development and surface. With the exception of hole KW18-05, all of these six holes intersected impressive mineralization and confirm the opportunity to continue to grow this newly-rediscovered gold zone. This emerging gold zone on the BM#1 shear, now named the 1946 Zone, will feature prominently in future Manitou Gold exploration drilling campaigns. | |
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