The receipt of necessary permits has enabled Corona Gold (CRG-T) to begin a $2.5-million underground work program at its Thunder Lake West gold deposit, near Dryden in northwestern Ontario.
First on the agenda is the sinking of a decline, which will enable the extraction a bulk sample and facilitate the confirmation of the grade and continuity of gold mineralization. Based on surface drilling by operator Teck (TEK-T), the deposit hosts 3.78 million tonnes grading 7.02 grams gold per tonne. The company plans to sink the decline to a vertical depth of 35 metres, where it will intersect the zone. Horizontal drifting over 225 metres will follow.
The program is expected to be completed by November, by which time the partners estimate that 5,600 tonnes of rock will have been hauled to surface.
Corona holds a 78% interest in the property, with Teck holding the remainder.
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