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Project: | Bayonne | |
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Deposit: | Bayonne | |
Location: | Canada | |
Commodities: | Gold-Silver-Lead-Zinc | |
Date: | 11/28/2017 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 28-11-2017: Margaux Resources Ltd. announces an Exploration/Drilling Update report for its Bayonne deposit at the Bayonne project. Drilling results incl. 1.85m @ 15.31g/t Au, 42.3g/t Ag, 1.67% Pb, 1.11% Zn from 157.70m. Calgary, Alberta – November 28, 201 | |
Resources: | x | |
CP/QP: | [Overall Report]: Linda Caron (Internal) | |
ABSTRACT: | Calgary, Alberta – November 28, 2017 - Margaux Resources Ltd. (TSX VENTURE:MRL, OTCQB:MARFF) ("Margaux" or the "Company") is pleased to announce it has received final results from its fall 2017 diamond drill program on the Bayonne gold property, part of the Company’s larger Kootenay Arc project in southern B.C. “Results from our 2017 drilling program and surface exploration continues to prove to us that while there was historic production at Bayonne, the property still has much more to discover and offer, as indicated by our identification of previously underexplored vein systems, significant strike extensions and high-grade gold intercepts, all of which continue to build on the success of our consolidated Kootenay Arc gold-zinc package,” commented Linda Caron, Margaux’s VP of Exploration. The Bayonne property hosts several high-grade, steeply dipping gold-bearing orogenic quartz veins hosted by granodiorite. Thirteen holes totaling 2,089 m were drilled on the Bayonne property during 2017, to test 3 separate vein targets. Results have been previously released for 10 holes from the 2017 program (see Company news release October 24, 2017 for further detail), results for the remaining 3 holes are included in the table and map below. | |
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