WM,IAU, CAPT
Wallbriege Mining aka WM released the latest set of drill results from its Martiniere property, located 30 km west of its flagship Fenelon property on the Detour Fenelon gold trend in Quebec. Martiniere already has a substantial resource, but the results from the more than 30 km of drilling since then are making Martiniere look more and more like it could host at least one, probably more, potential mine.
Three holes are the most significant. One with an assay of 12.27 g/t Au over 5.60M extends the Matiniere West zone more than 400M to the west, another extended Martiniere West more than 300M down plunge, and the third found 2.50 g/t Au over 17.35M near surface between Martiniere West and the Central zone. Further drilling will follow up whether these two zones are linked., but before that the a new Resource Report, which will include three further holes for which assays have not yet been received, will be released.
Message 33980330
Up till now, i-80 Gold aka IAU has released many high grade gold intercepts from the four mines the company has under development in Nevada, but in their latest release, from a drill campaign underway at the Ruby Hill property, we hear about a new style of mineralization. Yes, there is gold, but the emphasis in the newly discovered Hilltop zone is on high grade silver, lead, and zinc, e.g. the highlight intercept of 515.3 g/t Ag, 28.9 % Pb, 10.5 % Zn, and 0.9 g/t Au over 28.3 M. This style of mineralization was already know to exist on the property and was mined in the past, but was ignored in recent years as the focus was strictly on the gold deposits. IAU's drilling has already expanded the polymetallic mineralization by a considerable extent, and they assure us that mining it is part of their future plans.
Message 33980365
Capitan Maining aka CAPT released assays from five more holes drilled in the Jesus Maria zone on its Cruz de Plata silver/polymetallic property in Durango, Mexico. All five holes intersected significant mineralization, and given the emphasis on finding high grade zones, results such as 1.5M of 307.53 g/t Ageq and 1.5M of 344.77 g/t Ageq within 21.3M of 132.86 g/t Ageq indicate they were successful. Indeed, they not only extended a known high grade zone along strike and at depth, they also intersected a new one. Drilling continues, as does mapping and sampling which has identified a number of new prospects, and the company is planning a property wide geophysical survey.
Message 33980406 |
