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Gold/Mining/Energy : Mining News of Note

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To: LoneClone who wrote (168653)11/18/2022 1:41:18 PM
From: LoneClone  Read Replies (1) of 192929
 
Wesdome Discovers Two New Zones in Hanging Wall Basalt of Kiena Deep Zone, Including 2,850 g/t Gold (Uncut) Over 1.5 Metre (Core Length)

ca.finance.yahoo.com

Wesdome Gold Mines
Wed, November 16, 2022 at 2:00 p.m.

Figure 1



New Hanging Wall Zones at Kiena Deep
Figure 2



Photograph of Recent Drill Intersection
Figure 3



3D View of Kiena Deep A Zone with Assays

TORONTO, Nov. 16, 2022 (GLOBE NEWSWIRE) -- Wesdome Gold Mines Ltd. (TSX: WDO) (“Wesdome” or the “Company”) today announces underground exploration drilling results from the Kiena Deep A Zone at the Company’s 100% owned Kiena Mine Complex in Val d'Or, Quebec.

Since the completion of the PFS in 2021 and subsequent preproduction activities, underground drilling has been focussed on exploration to test sectors proximal to the Kiena Deep A Zones. As part of this exploration focus, early success discovered the Footwall Zones last year. Earlier this year, exploration confirmed the presence of the South limb in the folded Kiena Deep A Zone at depth (see press release dated June 1, 2022). Recent drilling has continued to return high grade assays from this South limb area (reported below and Figure 1a, 1b). This area remains open along strike and down dip. The discovery of additional zones proximal to the A Zones represents a significant benefit to the mining from using common infrastructure. Development metres planned per sub level will leverage access to more ounces, thereby positively impacting future mining.

Most recently, drilling intersected two new zones in the hanging wall basalt (Figure 1b). The first zone was observed in holes N103-6839W1A, N103-6839W2, and N103-6839W3. This zone consists of disseminated sulfides (pyrrhotite±pyrite) in basalt associated with a stockwork of veinlets composed of quartz ± pyrite±pyrrhotite±chalcopyrite±visible gold, (mm- to cm-thick) showing a random orientation. Up to now, the strike, dip and true thickness of this zone are unknown. The second zone, observed in hole N103-6839W4, consists of a quartz-cabonate vein ( <10 cm-thick) with visible gold that returned 2,850 g/t Au over 1.5 m (See Figure 1b and Photograph Figure 2). Currently, the strike and dip of this vein are unknown. The adjacent or “shoulder” assays are pending for this hole. These new basalt zones all occur below an observed bend or steepening in the plunge of the Kiena Deep A Zone. Early hypothesis is that folding/faulting represented by fracturing in the hanging wall basalt could allow for a favorable environment for this type of mineralization.

Highlights of the recent drilling are listed below and are summarized in Table 1.

  • Hole N103-6839W4: 2,850 g/t Au over 1.5 m core length New Basalt Zone

  • Hole N103-6839W2: 11.6 g/t Au over 41.3 m core length (9.7 g/t Au capped,) New Basalt Zone

  • Hole N112-6838A: 36.0 g/t Au over 6.4 m core length (32.5 g/t Au capped, 4.3 m true width) A1 Zone (South Limb)

  • Hole 6839W3: 20.3 g/t Au over 12.4 m core length (19.0 g/t Au capped, 5.5 m true width) A Zone (South Limb)

  • Hole N103-6839W1A : 10.4 g/t Au over 53.5 m core length (5.9 g/t Au capped) New Basalt Zone

  • Assays capped at 90.0 g/t Au for A zone and capped at 35.0 g/t Au for the New Basalt Zones. True widths are estimated based on 3D model construction.

    Mr. Duncan Middlemiss, President and CEO commented, “We are pleased with the recent discoveries of the South Limb and Footwall zones, and most recently the high grade results in the basalt in the hanging wall of the A Zone. These discoveries demonstrate the exploration potential of the Kiena Deep Zone. These zones have the potential to increase the number of ounces per vertical metre and to provide additional working faces during mining. The discovery of these zones highlight the potential to add ounces within the basalt, where the rock quality is significantly better than in the footwall of the A Zone allowing for increased development rates. Obviously, this area remains one of the focuses of the current drilling.

    We are also very pleased with the continued expansion of the South Limb of the A Zone and local expansion of the A and A1 zones. This can positively impact project economics as the same underground infrastructure utilized to access the A Zone can be leveraged to mine these additional zones on a lower unit cost basis.

    Additionally at Kiena, our paste fill plant commissioning activities remain on track and we expect the plant to be fully operational shortly, with the first paste pour scheduled for later this month.”

    As well, recent drilling from 112 Level also continued to confirm the lateral extension of the A and A1 Zones (Figure 3). These new results continue to add confidence in the existing 3D model.

    TECHNICAL DISCLOSURE

    The underground technical and geoscientific content of this release has been compiled, reviewed, and approved by Bruno Turcotte, P.Geo., (OGQ #453) Chief Geologist – Underground Exploration of the Company, a "Qualified Person" as defined in National Instrument 43-101 -Standards of Disclosure for Mineral Projects.

    Analytical work was performed by ALS Minerals of Val-d’Or (Quebec), a certified commercial laboratory (Accredited Lab #689). Sample preparation was completed at ALS Minerals in Val d'Or (Quebec). Assaying comprised fire assay methods with an atomic absorption finish. Any sample assaying >3 g/t Au was rerun by fire assay method with gravimetric finish, and any sample assaying >10 g/t Au was rerun with the metallic sieve method. In addition to laboratory internal duplicates, standards, and blanks, the geology department inserts blind duplicates, standards, and blanks into the sample stream at a frequency of one in twenty to monitor quality control.

    ABOUT WESDOME
    Wesdome is a Canadian focused gold producer with two high grade underground assets, the Eagle River mine in Ontario and the recently re-started Kiena mine in Quebec. The Company also retains meaningful exposure to the Moss Lake gold deposit in Ontario through its equity position in Goldshore Resources Inc. The Company’s primary goal is to responsibly leverage this operating platform and high-quality brownfield and greenfield exploration pipeline to build Canada’s next intermediate gold producer. Wesdome trades on the Toronto Stock Exchange under the symbol “WDO,” with a secondary listing on the OTCQX under the symbol “WDOFF.”

    For further information, please contact:











    Duncan Middlemiss



    or



    Lindsay Carpenter Dunlop

    President and CEO







    VP Investor Relations

    416-360-3743 ext. 2029







    416-360-3743 ext. 2025

    duncan.middlemiss@wesdome.com







    lindsay.dunlop@wesdome.com





















    220 Bay St, Suite 1200









    Toronto, ON,M5J 2W4









    Toll Free: 1-866-4-WDO-TSX









    Phone: 416-360-3743, Fax: 416-360-7620









    Website: www.wesdome.com






























    This news release contains “forward-looking information” which may include, but is not limited to, statements with respect to the future financial or operating performance of the Company and its projects. Often, but not always, forward-looking statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Forward-looking statements contained herein are made as of the date of this press release and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances, management’s estimates or opinions should change, except as required by securities legislation. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements. The Company has included in this news release certain non-IFRS performance measures, including, but not limited to, mine operating profit, mining and processing costs and cash costs. Cash costs per ounce reflect actual mine operating costs incurred during the fiscal period divided by the number of ounces produced. These measures are not defined under IFRS and therefore should not be considered in isolation or as an alternative to or more meaningful than, net income (loss) or cash flow from operating activities as determined in accordance with IFRS as an indicator of our financial performance or liquidity. The Company believes that, in addition to conventional measures prepared in accordance with IFRS, certain investors use this information to evaluate the Company's performance and ability to generate cash flow.



    Table 1: Kiena Complex Underground Drilling Assay and Composite Results

    Composites

    Hole No.

    From
    (m)


    To
    (m)


    Core
    Length (m)


    Estimated True
    width (m)


    Grade
    (g/t Au)


    Cut Grade
    (90 g/t Au)


    Name Zone

    N103-6839

    733.8

    739.6

    5.8

    3.8

    5.48

    5.48

    South Limb

    N103-6839W1A

    228.9

    239.2

    10.3

    5.5

    18.80

    16.91

    South Limb

    N103-6839W2

    149.8

    159.0

    9.2

    5.3

    3.32

    3.32

    South Limb

    N103-6839W3

    254.6

    267.0

    12.4

    5.5

    20.33

    18.99

    South Limb

    N112-6838A

    243.7

    246.7

    3.0

    3.0

    16.25

    16.25

    South Limb

    N103-6839W2

    162.0

    169.5

    7.5

    4.5

    14.79

    14.79

    A1 Zone

    N112-6823A

    302.2

    308.2

    6.0

    3.8

    4.55

    4.55

    A1 Zone

    N112-6833

    260.8

    282.8

    22.0

    10.0

    13.15

    13.15

    A1 Zone

    N112-6838A

    266.2

    272.6

    6.4

    4.3

    36.00

    32.37

    A1 Zone

    N112-6841

    258.0

    266.7

    8.7

    5.5

    6.76

    6.76

    A1 Zone

    N112-6823A

    322.8

    327.3

    4.5

    3.9

    5.94

    5.94

    A2 Zone


    Hole No.

    From
    (m)


    To
    (m)


    Core
    Length (m)


    Estimated True
    width (m)


    Grade
    (g/t Au)


    Cut Grade
    (35 g/t Au)


    Name Zone

    N103-6839W1A

    163.2

    216.7

    53.5

    ?

    10.39

    5.91

    NEW

    N103-6839W2

    97.5

    138.8

    41.3

    ?

    11.55

    9.70

    NEW

    N103-6839W3

    210.0

    235.5

    25.5

    ?

    9.98

    7.34

    NEW

    N103-6839W4

    260.4

    261.9

    1.5

    ?

    2,849.67

    35.00

    NEW


    Assays

    Hole No.

    From
    (m)


    To
    (m)


    Core
    Length (m)


    Grade
    (g/t Au)


    Cut Grade
    (90 g/t Au)


    Name Zone

    N103-6839

    733.8

    735.3

    1.5

    8.18

    8.18

    A Zone

    N103-6839

    735.3

    736.8

    1.5

    0.02

    0.02

    A Zone

    N103-6839

    736.8

    738.0

    1.2

    0.04

    0.04

    A Zone

    N103-6839

    738.0

    739.0

    1.0

    1.46

    1.46

    A Zone

    N103-6839

    739.0

    739.6

    0.6

    30.00

    30.00

    A Zone















    Hole No.

    From
    (m)


    To
    (m)


    Core
    Length (m)


    Grade
    (g/t Au)


    Cut Grade
    (35 g/t Au)


    Name Zone

    N103-6839W1A

    163.2

    164.7

    1.5

    4.65

    4.65

    ?

    N103-6839W1A

    164.7

    166.2

    1.5

    6.38

    6.38

    ?

    N103-6839W1A

    166.2

    167.7

    1.5

    3.53

    3.53

    ?

    N103-6839W1A

    167.7

    169.2

    1.5

    7.95

    7.95

    ?

    N103-6839W1A

    169.2

    170.7

    1.5

    7.35

    7.35

    ?

    N103-6839W1A

    170.7

    172.2

    1.5

    55.80

    35.00

    ?

    N103-6839W1A

    172.2

    173.7

    1.5

    174.00

    35.00

    ?

    N103-6839W1A

    173.7

    175.2

    1.5

    4.54

    4.54

    ?

    N103-6839W1A

    175.2

    176.7

    1.5

    2.42

    2.42

    ?

    N103-6839W1A

    176.7

    178.2

    1.5

    4.12

    4.12

    ?

    N103-6839W1A

    178.2

    179.7

    1.5

    19.15

    19.15

    ?

    N103-6839W1A

    179.7

    181.2

    1.5

    2.25

    2.25

    ?

    N103-6839W1A

    181.2

    182.7

    1.5

    3.92

    3.92

    ?

    N103-6839W1A

    182.7

    184.2

    1.5

    4.10

    4.10

    ?

    N103-6839W1A

    184.2

    185.7

    1.5

    1.36

    1.36

    ?

    N103-6839W1A

    185.7

    187.2

    1.5

    6.55

    6.55

    ?

    N103-6839W1A

    187.2

    188.7

    1.5

    0.58

    0.58

    ?

    N103-6839W1A

    188.7

    190.2

    1.5

    0.06

    0.06

    ?

    N103-6839W1A

    190.2

    191.7

    1.5

    1.03

    1.03

    ?

    N103-6839W1A

    191.7

    193.2

    1.5

    1.48

    1.48

    ?

    N103-6839W1A

    193.2

    194.7

    1.5

    12.30

    12.30

    ?

    N103-6839W1A

    194.7

    196.2

    1.5

    4.92

    4.92

    ?

    N103-6839W1A

    196.2

    197.7

    1.5

    4.07

    4.07

    ?

    N103-6839W1A

    197.7

    198.7

    1.0

    2.26

    2.26

    ?

    N103-6839W1A

    198.7

    199.7

    1.0

    2.74

    2.74

    ?

    N103-6839W1A

    199.7

    200.7

    1.0

    7.95

    7.95

    ?

    N103-6839W1A

    200.7

    201.7

    1.0

    7.78

    7.78

    ?

    N103-6839W1A

    201.7

    202.7

    1.0

    1.18

    1.18

    ?

    N103-6839W1A

    202.7

    203.7

    1.0

    0.02

    0.02

    ?

    N103-6839W1A

    203.7

    204.7

    1.0

    0.04

    0.04

    ?

    N103-6839W1A

    204.7

    205.7

    1.0

    0.10

    0.10

    ?

    N103-6839W1A

    205.7

    206.7

    1.0

    0.42

    0.42

    ?

    N103-6839W1A

    206.7

    207.7

    1.0

    3.75

    3.75

    ?

    N103-6839W1A

    207.7

    208.7

    1.0

    1.42

    1.42

    ?

    N103-6839W1A

    208.7

    209.7

    1.0

    0.62

    0.62

    ?

    N103-6839W1A

    209.7

    210.7

    1.0

    1.56

    1.56

    ?

    N103-6839W1A

    210.7

    211.7

    1.0

    1.66

    1.66

    ?

    N103-6839W1A

    211.7

    212.7

    1.0

    6.23

    6.23

    ?

    N103-6839W1A

    212.7

    213.7

    1.0

    9.77

    9.77

    ?

    N103-6839W1A

    213.7

    214.7

    1.0

    0.80

    0.80

    ?

    N103-6839W1A

    214.7

    215.7

    1.0

    1.86

    1.86

    ?

    N103-6839W1A

    215.7

    216.7

    1.0

    6.90

    6.90

    ?















    Hole No.

    From
    (m)


    To
    (m)


    Core
    Length (m)


    Grade
    (g/t Au)


    Cut Grade
    (90 g/t Au)


    Name Zone

    N103-6839W1A

    228.9

    229.9

    1.0

    5.39

    5.39

    A Zone

    N103-6839W1A

    229.9

    230.9

    1.0

    8.55

    8.55

    A Zone

    N103-6839W1A

    230.9

    231.9

    1.0

    21.40

    21.40

    A Zone

    N103-6839W1A

    231.9

    232.9

    1.0

    0.48

    0.48

    A Zone

    N103-6839W1A

    232.9

    233.9

    1.0

    1.16

    1.16

    A Zone

    N103-6839W1A

    233.9

    234.9

    1.0

    0.88

    0.88

    A Zone

    N103-6839W1A

    234.9

    235.9

    1.0

    0.56

    0.56

    A Zone

    N103-6839W1A

    235.9

    236.9

    1.0

    0.35

    0.35

    A Zone

    N103-6839W1A

    236.9

    237.7

    0.8

    0.44

    0.44

    A Zone

    N103-6839W1A

    237.7

    239.2

    1.5

    103.00

    90.00

    A Zone















    Hole No.

    From
    (m)


    To
    (m)


    Core
    Length (m)


    Grade
    (g/t Au)


    Cut Grade
    (35 g/t Au)


    Name Zone

    N103-6839W2

    97.5

    99.0

    1.5

    6.56

    6.56

    ?

    N103-6839W2

    99.0

    100.5

    1.5

    4.07

    4.07

    ?

    N103-6839W2

    100.5

    102.0

    1.5

    2.14

    2.14

    ?

    N103-6839W2

    102.0

    103.5

    1.5

    31.90

    31.90

    ?

    N103-6839W2

    103.5

    105.0

    1.5

    2.78

    2.78

    ?

    N103-6839W2

    105.0

    106.5

    1.5

    3.01

    3.01

    ?

    N103-6839W2

    106.5

    108.0

    1.5

    84.00

    35.00

    ?

    N103-6839W2

    108.0

    109.5

    1.5

    2.53

    2.53

    ?

    N103-6839W2

    109.5

    111.0

    1.5

    4.39

    4.39

    ?

    N103-6839W2

    111.0

    112.5

    1.5

    36.90

    35.00

    ?

    N103-6839W2

    112.5

    114.0

    1.5

    6.91

    6.91

    ?

    N103-6839W2

    114.0

    115.5

    1.5

    8.43

    8.43

    ?

    N103-6839W2

    115.5

    117.0

    1.5

    4.16

    4.16

    ?

    N103-6839W2

    117.0

    118.5

    1.5

    4.61

    4.61

    ?

    N103-6839W2

    118.5

    119.7

    1.2

    4.37

    4.37

    ?

    N103-6839W2

    119.7

    120.3

    0.6

    4.84

    4.84

    ?

    N103-6839W2

    120.3

    121.5

    1.2

    19.55

    19.55

    ?

    N103-6839W2

    121.5

    123.0

    1.5

    5.28

    5.28

    ?

    N103-6839W2

    123.0

    124.5

    1.5

    4.17

    4.17

    ?

    N103-6839W2

    124.5

    126.0

    1.5

    12.90

    12.90

    ?

    N103-6839W2

    126.0

    127.5

    1.5

    5.44

    5.44

    ?

    N103-6839W2

    127.5

    129.0

    1.5

    2.30

    2.30

    ?

    N103-6839W2

    129.0

    130.1

    1.1

    5.72

    5.72

    ?

    N103-6839W2

    130.1

    130.8

    0.7

    2.42

    2.42

    ?

    N103-6839W2

    130.8

    131.8

    1.0

    25.00

    25.00

    ?

    N103-6839W2

    131.8

    132.8

    1.0

    8.78

    8.78

    ?

    N103-6839W2

    132.8

    133.8

    1.0

    5.46

    5.46

    ?

    N103-6839W2

    133.8

    134.8

    1.0

    4.06

    4.06

    ?

    N103-6839W2

    134.8

    135.8

    1.0

    4.95

    4.95

    ?

    N103-6839W2

    135.8

    136.8

    1.0

    6.42

    6.42

    ?

    N103-6839W2

    136.8

    137.8

    1.0

    30.60

    30.60

    ?

    N103-6839W2

    137.8

    138.8

    1.0

    3.49

    3.49

    ?















    Hole No.

    From
    (m)


    To
    (m)


    Core
    Length (m)


    Grade
    (g/t Au)


    Cut Grade
    (90 g/t Au)


    Name Zone

    N103-6839W2

    149.8

    150.8

    1.0

    3.70

    3.70

    A Zone

    N103-6839W2

    150.8

    152.1

    1.3

    4.71

    4.71

    A Zone

    N103-6839W2

    152.1

    152.9

    0.8

    2.37

    2.37

    A Zone

    N103-6839W2

    152.9

    154.0

    1.1

    0.90

    0.90

    A Zone

    N103-6839W2

    154.0

    155.5

    1.5

    0.92

    0.92

    A Zone

    N103-6839W2

    155.5

    156.0

    0.5

    1.57

    1.57

    A Zone

    N103-6839W2

    156.0

    157.0

    1.0

    4.43

    4.43

    A Zone

    N103-6839W2

    157.0

    158.0

    1.0

    7.80

    7.80

    A Zone

    N103-6839W2

    158.0

    159.0

    1.0

    3.45

    3.45

    A Zone















    Hole No.

    From
    (m)


    To
    (m)


    Core
    Length (m)


    Grade
    (g/t Au)


    Cut Grade
    (90 g/t Au)


    Name Zone

    N103-6839W2

    162.0

    163.0

    1.0

    8.32

    8.32

    A1 Zone

    N103-6839W2

    163.0

    164.0

    1.0

    19.75

    19.75

    A1 Zone

    N103-6839W2

    164.0

    165.0

    1.0

    3.32

    3.32

    A1 Zone

    N103-6839W2

    165.0

    166.0

    1.0

    1.04

    1.04

    A1 Zone

    N103-6839W2

    166.0

    167.0

    1.0

    2.54

    2.54

    A1 Zone

    N103-6839W2

    167.0

    167.8

    0.8

    0.38

    0.38

    A1 Zone

    N103-6839W2

    167.8

    168.5

    0.7

    12.90

    12.90

    A1 Zone

    N103-6839W2

    168.5

    169.5

    1.0

    66.60

    66.60

    A1 Zone















    Hole No.

    From
    (m)


    To
    (m)


    Core
    Length (m)


    Grade
    (g/t Au)


    Cut Grade
    (35 g/t Au)


    Name Zone

    N103-6839W3

    210.0

    211.5

    1.5

    8.10

    8.10

    ?

    N103-6839W3

    211.5

    213.0

    1.5

    2.67

    2.67

    ?

    N103-6839W3

    213.0

    214.5

    1.5

    0.56

    0.56

    ?

    N103-6839W3

    214.5

    216.0

    1.5

    4.05

    4.05

    ?

    N103-6839W3

    216.0

    217.0

    1.0

    157.50

    35.00

    ?

    N103-6839W3

    217.0

    218.0

    1.0

    5.58

    5.58

    ?

    N103-6839W3

    218.0

    219.0

    1.0

    5.15

    5.15

    ?

    N103-6839W3

    219.0

    220.0

    1.0

    1.50

    1.50

    ?

    N103-6839W3

    220.0

    221.0

    1.0

    3.79

    3.79

    ?

    N103-6839W3

    221.0

    222.0

    1.0

    2.81

    2.81

    ?

    N103-6839W3

    222.0

    222.9

    0.9

    1.29

    1.29

    ?

    N103-6839W3

    222.9

    223.9

    1.0

    6.85

    6.85

    ?

    N103-6839W3

    223.9

    225.0

    1.1

    6.22

    6.22

    ?

    N103-6839W3

    225.0

    226.0

    1.0

    2.93

    2.93

    ?

    N103-6839W3

    226.0

    227.0

    1.0

    2.36

    2.36

    ?

    N103-6839W3

    227.0

    228.0

    1.0

    1.32

    1.32

    ?

    N103-6839W3

    228.0

    229.0

    1.0

    2.37

    2.37

    ?

    N103-6839W3

    229.0

    230.0

    1.0

    1.34

    1.34

    ?

    N103-6839W3

    230.0

    231.0

    1.0

    10.85

    10.85

    ?

    N103-6839W3

    231.0

    232.5

    1.5

    2.30

    2.30

    ?

    N103-6839W3

    232.5

    234.0

    1.5

    3.12

    3.12

    ?

    N103-6839W3

    234.0

    235.5

    1.5

    7.35

    7.35

    ?















    Hole No.

    From
    (m)


    To
    (m)


    Core
    Length (m)


    Grade
    (g/t Au)


    Cut Grade
    (90 g/t Au)


    Name Zone

    N103-6839W3

    254.6

    255.6

    1.0

    9.87

    9.87

    A Zone

    N103-6839W3

    255.6

    256.6

    1.0

    2.87

    2.87

    A Zone

    N103-6839W3

    256.6

    257.6

    1.0

    22.20

    22.20

    A Zone

    N103-6839W3

    257.6

    258.5

    0.9

    5.66

    5.66

    A Zone

    N103-6839W3

    258.5

    259.4

    0.9

    1.30

    1.30

    A Zone

    N103-6839W3

    259.4

    260.2

    0.8

    0.58

    0.58

    A Zone

    N103-6839W3

    260.2

    261.2

    1.0

    4.95

    4.95

    A Zone

    N103-6839W3

    261.2

    262.2

    1.0

    4.32

    4.32

    A Zone

    N103-6839W3

    262.2

    263.1

    0.9

    94.40

    90.00

    A Zone

    N103-6839W3

    263.1

    263.9

    0.8

    0.62

    0.62

    A Zone

    N103-6839W3

    263.9

    264.8

    0.9

    0.47

    0.47

    A Zone

    N103-6839W3

    264.8

    265.9

    1.1

    29.70

    29.70

    A Zone

    N103-6839W3

    265.9

    267

    1.1

    59.70

    59.70

    A Zone















    Hole No.

    From
    (m)


    To
    (m)


    Core
    Length (m)


    Grade
    (g/t Au)


    Cut Grade
    (35 g/t Au)


    Name Zone

    N103-6839W4

    260.4

    260.9

    0.5

    269.00

    35.00

    ?

    N103-6839W4

    260.9

    261.9

    1.0

    4140.00

    35.00

    ?















    Hole No.

    From
    (m)


    To
    (m)


    Core
    Length (m)


    Grade
    (g/t Au)


    Cut Grade
    (90 g/t Au)


    Name Zone

    N112-6823A

    302.2

    303.7

    1.5

    1.38

    1.38

    A1 Zone

    N112-6823A

    303.7

    305.2

    1.5

    12.30

    12.30

    A1 Zone

    N112-6823A

    305.2

    306.7

    1.5

    4.26

    4.26

    A1 Zone

    N112-6823A

    306.7

    308.2

    1.5

    0.26

    0.26

    A1 Zone















    Hole No.

    From
    (m)


    To
    (m)


    Core
    Length (m)


    Grade
    (g/t Au)


    Cut Grade
    (90 g/t Au)


    Name Zone

    N112-6823A

    322.8

    324.3

    1.5

    1.30

    1.30

    A2 Zone

    N112-6823A

    324.3

    324.8

    0.5

    6.65

    6.65

    A2 Zone

    N112-6823A

    324.8

    325.8

    1.0

    11.45

    11.45

    A2 Zone

    N112-6823A

    325.8

    327.3

    1.5

    6.66

    6.66

    A2 Zone















    Hole No.

    From
    (m)


    To
    (m)


    Core
    Length (m)


    Grade
    (g/t Au)


    Cut Grade
    (90 g/t Au)


    Name Zone

    N112-6833

    260.8

    261.8

    1.0

    5.46

    5.46

    A1 Zone

    N112-6833

    261.8

    263.3

    1.5

    0.27

    0.27

    A1 Zone

    N112-6833

    263.3

    264.1

    0.8

    80.30

    80.30

    A1 Zone

    N112-6833

    264.1

    264.8

    0.7

    85.20

    85.20

    A1 Zone

    N112-6833

    264.8

    265.5

    0.7

    15.60

    15.60

    A1 Zone

    N112-6833

    265.5

    266.1

    0.6

    6.80

    6.80

    A1 Zone

    N112-6833

    266.1

    267.0

    0.9

    5.94

    5.94

    A1 Zone

    N112-6833

    267.0

    267.8

    0.8

    20.10

    20.10

    A1 Zone

    N112-6833

    267.8

    268.8

    1.0

    6.82

    6.82

    A1 Zone

    N112-6833

    268.8

    269.8

    1.0

    2.92

    2.92

    A1 Zone

    N112-6833

    269.8

    270.8

    1.0

    1.37

    1.37

    A1 Zone

    N112-6833

    270.8

    271.8

    1.0

    1.64

    1.64

    A1 Zone

    N112-6833

    271.8

    272.8

    1.0

    0.91

    0.91

    A1 Zone

    N112-6833

    272.8

    273.8

    1.0

    2.23

    2.23

    A1 Zone

    N112-6833

    273.8

    274.6

    0.8

    7.42

    7.42

    A1 Zone

    N112-6833

    274.6

    275.5

    0.9

    3.91

    3.91

    A1 Zone

    N112-6833

    275.5

    276.8

    1.3

    11.10

    11.10

    A1 Zone

    N112-6833

    276.8

    277.6

    0.8

    61.50

    61.50

    A1 Zone

    N112-6833

    277.6

    278.4

    0.8

    7.05

    7.05

    A1 Zone

    N112-6833

    278.4

    279.8

    1.4

    0.53

    0.53

    A1 Zone

    N112-6833

    279.8

    280.5

    0.7

    1.51

    1.51

    A1 Zone

    N112-6833

    280.5

    281.3

    0.8

    4.24

    4.24

    A1 Zone

    N112-6833

    281.3

    282.8

    1.5

    15.50

    15.50

    A1 Zone















    Hole No.

    From
    (m)


    To
    (m)


    Core
    Length (m)


    Grade
    (g/t Au)


    Cut Grade
    (90 g/t Au)


    Name Zone

    N112-6838A

    243.7

    245.0

    1.3

    0.18

    0.18

    A Zone

    N112-6838A

    245.0

    246.0

    1.0

    48.40

    48.40

    A Zone

    N112-6838A

    246.0

    246.7

    0.7

    0.16

    0.16

    A Zone















    Hole No.

    From
    (m)


    To
    (m)


    Core
    Length (m)


    Grade
    (g/t Au)


    Cut Grade
    (90 g/t Au)


    Name Zone

    N112-6838A

    266.2

    267.7

    1.5

    0.70

    0.70

    A1 Zone

    N112-6838A

    267.7

    269.2

    1.5

    0.28

    0.28

    A1 Zone

    N112-6838A

    269.2

    269.7

    0.5

    42.10

    42.10

    A1 Zone

    N112-6838A

    269.7

    270.7

    1.0

    36.70

    36.70

    A1 Zone

    N112-6838A

    270.7

    272.2

    1.5

    104.50

    90.00

    A1 Zone















    Hole No.

    From
    (m)


    To
    (m)


    Core
    Length (m)


    Grade
    (g/t Au)


    Cut Grade
    (90 g/t Au)


    Name Zone

    N112-6841

    258.0

    259.0

    1.0

    4.58

    4.58

    A Zone

    N112-6841

    259.0

    260.0

    1.0

    6.87

    6.87

    A Zone

    N112-6841

    260.0

    261.0

    1.0

    9.86

    9.86

    A Zone

    N112-6841

    261.0

    262.0

    1.0

    4.23

    4.23

    A Zone

    N112-6841

    262.0

    263.0

    1.0

    5.95

    5.95

    A Zone

    N112-6841

    263.0

    264.0

    1.0

    2.15

    2.15

    A Zone

    N112-6841

    264.0

    265.0

    1.0

    10.75

    10.75

    A Zone

    N112-6841

    265.0

    266.2

    1.2

    0.39

    0.39

    A Zone

    N112-6841

    266.2

    266.7

    0.5

    27.90

    27.90

    A Zone



    Photos accompanying this announcement are available at:

    globenewswire.com

    globenewswire.com

    globenewswire.com

    PDF available: globenewswire.com
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