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Variscan Mines Ltd.
Summary
| Project: | St Pierre | |
|---|---|---|
| Deposit: | Belleville | |
| Location: | France | |
| Commodities: | Gold | |
| Date: | 7/17/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 17-7-2017: Variscan Mines Ltd. announces an Exploration/Drilling Update report for its Belleville deposit at the St Pierre project. Drilling results incl. 1m @ 4.59g/t Au from 36m. The Board of Variscan Mines Limited ("Variscan" or the "Company") (ASX:VAR | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Greg Jones (Internal) | |
| ABSTRACT: | The Board of Variscan Mines Limited ("Variscan" or the "Company") (ASX:VAR) announces the first set of assay results from the recently completed RC drill programme over the Belleville prospect as well as assays from core drilling of the Ville Tirard prospect at the Company's wholly owned St Pierre gold project in the Brittany region, France. The objective of the RC drill programme was to define the hard rock source of a strong gold geochemical anomaly identified from previous rock chip and soil sampling. A total of 15 RC holes for 923 metres were successfully completed at Belleville during June. To date 450 gold assays have been received from ALS Geochemistry in Ireland which accounts for approximately 50% of the 15 drill holes, mainly from the eastern drill traverse (Figure 1). These holes intersected alternating greywackes and schists similar to those found at the La Belliere Gold Mine 750 metres to the north, with some samples recording quartz veining and sulphides, including pyrite, pyrrhotite and chalcopyrite, with minor arsenopyrite, galena and sphalerite which are commonly associated with high grade gold mineralization. Stewart Dickson, CEO, said, “The drilling at Belleville was the first RC drilling programme completed in France. We look forward to receiving the second tranche of assay results. Once we have a complete set of assay results we will take a more informed decision on the future work and prospects for Belleville.” | |
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