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Maple Gold Mines Ltd.
Summary
| Project: | Douay | |
|---|---|---|
| Deposit: | Porphyry Zone | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 5/29/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 29-5-2019: Maple Gold Mines Ltd. announces an Exploration/Drilling Update report for its Porphyry Zone deposit at the Douay project. Drilling results incl. 19.0m @ 2.46g/t Au from 274m. The primary objective of the drilling in the central part of the Porp | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Fried Speidel (Internal) | |
| ABSTRACT: | The primary objective of the drilling in the central part of the Porphyry Zone was to demonstrate continuity of higher grade mineralisation, both near surface and at moderate depths; results from the highlighted holes support this concept in both regards. DO-19-256, meant to demonstrate the presence of near-surface mineralisation, was drilled entirely in intrusive rocks, including strongly altered and mineralised syenite (Fig. 2) closer to surface, with mineralisation cut off in the lower half of the hole by a fracture/fault zone and post-mineralization alkaline gabbros and fluorite-rich carbonatite dykes. DO-19-258 was drilled to test the down-dip continuity of a significant intercept from 2012 (DO-12-95) collared on the same section (see Fig. 3). Results support the down-dip continuity of this mineralised zone, with comparable intercepts in each case. Both 2019 and previous drill results outline a much broader mineralised envelope (includes lower grade material), as shown in Fig. 3; the broader lower-grade halo in DO-19-258 extends for more than 175 metres downhole. This hole ended at 342m downhole in geologically similar rocks as the highlighted intercept, including 1.17 g/t Au from 338-339m, leaving this mineralised zone open both down-dip and downhole. Maple Gold's VP Exploration, Fred Speidel, commented: "Initial drilling results from Porphyry Zone lend support to the concept of a near-surface higher-grade zone, as well as for the down-dip continuity of higher grade mineralisation at modest depths. Additional drilling is required to better define the ultimate down-dip continuity for this area, consistent with our current focus on not only optimizing the near-surface resource, but also assessing the potential significance of deeper mineralisation at Douay." | |
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