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Project: | Hope Bay | |
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Deposit: | Doris | |
Location: | Canada | |
Commodities: | Gold | |
Date: | 8/14/2019 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Active Mining & Production | |
Report details: | 14-8-2019: TMAC Resources Inc. announces an Exploration/Drilling Update report for its Doris deposit at the Hope Bay project. Drilling results incl. 10.79m @ 110.77g/t Au from 90.31m. TORONTO--(BUSINESS WIRE)--August 14, 2019--TMAC Resources Inc. (TSX:TMR | |
Resources: | (not mentioned in this report) | |
CP/QP: | [Overall Report]: David King (Internal) | |
ABSTRACT: | TORONTO--(BUSINESS WIRE)--August 14, 2019--TMAC Resources Inc. (TSX:TMR) (“TMAC” or the “Company”) is pleased to provide an interim exploration update including surface exploration drilling results at Doris and initial drilling results from the Doris regional program, including high grade gold intercepts within 15 metres of surface. Jason Neal, President and Chief Executive Officer of TMAC, stated, “We continue to have strong drilling results in the growing Doris BTD Extension zone, including in one hole 110.8 grams per tonne of gold over 10.8 metres. Additionally, initial drill results in a new zone we are calling Doris Valley, as part of our Doris regional program, are intriguing and we are evaluating our follow up strategy. At Doris Valley, assays from two holes in the vicinity of good surface grab samples included promising intercepts within the first 15 metres from surface. The first encountered 9.0 grams per tonne of gold over 8.5 metres including 15.4 grams per tonne of gold over 2.3 metres and a second had 5.3 grams per tonne of gold over 4.8 metres including 12.5 grams per tonne of gold over 1.6 metres. There is obviously more work required to follow up on this initial success, but this highlights the potential to grow our mineral inventory through even modest exploration investment.” | |
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