Band-Ore confirms gold zone at Thorne

More drilling in the western portion of the Thorne gold property, near Timmins, Ont., has confirmed results from two earlier drill holes.

Band-Ore Resources (BAN-T) has drilled 20 holes in the prospect it calls the “westerly extension,” which lies about 1 km west of the company’s main Thorne prospect, discovered in early 1996. Twelve of these holes intersected significant gold mineralization, including TW96-20, which cut a 6.8-metre interval grading 7 grams gold per tonne, and TW96-17, in which a 4.5-metre length graded 9.6 grams.

Gold grades in the other holes ranged from 1.7 to 10.2 grams over core lengths of 1-16.5 metres.

Most of the mineralization in the western portion resembles that of the main Golden River zone, which exists in a sericite schist. There is also hematitic alteration in some parts of the western zone, which resembles the mineralization in the Kapika zone to the northeast.

Band-Ore continues to drill the main prospect, as well as a discovery 1 km along strike to the east. Core from a previous operator’s drill hole in this eastern area has been re-logged, and samples have been sent out for assay.

Immediately to the north of the Band-Ore property, Pelangio Larder Lake Mines (PLLM-C) and privately owned Marl Resources are preparing to drill their Bristol Twp. property. The companies are drilling three induced-polarization anomalies. The anomalies strike northwest and range in strike length from 200 to 600 metres.