For thousands of other reports visit RSC's Mineral Intellingence Map
Wesdome Gold Mines Ltd.
Summary
| Project: | Moss Lake | |
|---|---|---|
| Deposit: | Moss Lake | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 9/13/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 13-9-2017: Wesdome Gold Mines Ltd. announces an Exploration/Drilling Update report for its Moss Lake deposit at the Moss Lake project. Drilling results incl. 30.3m @ 1.136g/t Au from 540.7m. Toronto, Ontario – September 13, 2017 – Wesdome Gold Mines Ltd. | |
| Resources: | (Resource): 39.795Mt @ 1.1g/t Au (Ind.) and 50.364Mt @ 1.1g/t Au (Inf.) at project | |
| CP/QP: | [Overall Report]: Robert Middleton (Independent) | |
| ABSTRACT: | Toronto, Ontario – September 13, 2017 – Wesdome Gold Mines Ltd. (TSX: WDO) is pleased to release early encouraging results from its Moss Lake property located 100 km west of Thunder Bay, Ontario. The purpose of the program is to significantly extend mineralization beyond the 2.5 kilometre known strike length of a conceptual open pit determined in a 2013 Preliminary Economic Assessment prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) for Moss Lake Gold Mines Ltd., a wholly-owned subsidiary of Wesdome Gold Mines Ltd. These early drill results (14 holes) have now extended known mineralization over a strike length of 4.5 kilometres. The geophysical expression (IP) extends over a strike length of 8.0 kilometres. Drilling has been on 200 metre spacing, to rapidly delineate the potential scale of the Moss Lake gold deposit. Duncan Middlemiss, President and CEO, commented, “These early results are encouraging as they confirm our thesis that the mineralization continues along the northeast/southwest trend, and the structure is potentially larger than previously recognized. The land package consolidated by the Company in 2016 has demonstrated significant potential. We are currently compiling additional outstanding assays from this year’s drilling program, to be released in due course. However, at this time, we have decided to suspend the Moss Lake drill program and focus our exploration efforts at the Eagle River Mine and Kiena Complex.” | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report