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The discovery was made in hole 175, which passed through 1.5 metres of quartz-veining that averaged 16.7 grams gold per tonne and then 3 metres that averaged 12.9 grams gold. The first interval began 444 metres down-hole, and the second, at 449 metres, putting the system’s possible thickness at 10 metres.
The prospect is hosted by a sequence of basalts south of the La Grade Sud tonalite, in a virtually untested deformation corridor. The veins themselves are characterized by tourmaline, pyrite and chalcopyrite.
The partners had expected to hit an extension of mineralized tonalite cut in hole 198 last fall. That hole was collared 200 metres east of Zone 32 and returned 7.4 metres (at 566 metres down-hole) averaging 4.4 grams gold.
Zone 32 sits on the intrusion’s southern edge and hosts some 4.5 million tonnes grading 2.1 grams gold and 0.2% copper. The estimate is based on a cutoff grade of 1 gram gold per tonne, which, when doubled, halves the resource’s volume to 2.3 million tonnes but raises its average grade to 3.13 grams.
Meanwhile, hole 205, collared between Zone 32 and hole 198, cut 4.4 metres of tonalite grading 1.4 grams and 1.3 metres grading 5.9 grams. Both intervals are shallower than the one intersected in hole 198.
A follow-up hole, no. 206, failed to return any significant results. It was collared on the eastern side of 198 but well west of hole 175.
To the north, near Zone 30, hole 207 yielded 35.7 grams over 0.5 metre (true thickness, starting at 183 metres) and 2.4 grams over 4.3 metres (at 194 metres). The smaller interval may represent the depth extension of a 4.4-metre section of Zone 30 that averaged 8.7 grams, while the longer one reflects a sheared and pyrite-mineralized mafic dyke.
Zone 30 sits in the intrusion’s centre, northeast of Zone 32 and due south of the Pari showing, on the intrusion’s northern border. The intervals in hole 207 sit 150 metres east of that showing.
About 2,000 metres will be drilled in the current campaign.
Cambior, the project manager, can acquire a half-interest in La Grande Sud by spending $5.5 million on exploration over eight years.
Poste Lemoyne
In related news, Virginia and equal partner
Eight were sunk in the Orfee zone and the rest, in various geophysical and geological targets found along the enclosing, 2-km-long structural corridor.
At the Orfee zone, hole 49 yielded 3.82 metres (at 321 metres) averaging 24.48 grams and 5.75 metres (at 337 metres) averaging 3.9 grams.
The deeper interval is 10 metres south of the Main zone and thus thought to represent a second zone of mineralization.
Except for hole 56, which averaged 5.26 grams over 1.28 metres (at 189 metres), the remaining holes returned wide swaths of low-grade mineralization. The longest interval, 30.1 metres, also had the lowest grade, 0.15 gram.
The Orfee zone strikes northwesterly and dips steeply to the north. Mineralization is characterized by disseminated-to-semi-massive sulphides in a mixed package of siliceous sediments and iron formation.
The highest grades from the stepout holes were 1.54 grams over 1.49 metres and 1.45 grams over 2 metres. Three holes averaged 0.19-0.49 gram over 10-24.2 metres, and six came back dry.
The current campaign is budgeted at 2,000 metres.
Meanwhile, Virginia has acquired the 75% stake in the Dieppe property it did not already own.
The Dieppe property covers 17 sq. km and adjoins the advanced Casa Berardi property, where
According to Virginia, Dieppe covers a 10-km-long segment of the same gold-bearing structure that hosts the Casa Berardi deposit. Past drilling returned 22 metres grading 1.4 grams, 97.1 metres of 0.2 gram, and 22 metres of 0.3 gram.
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