A drill program has been extended by partners American Barrick Resources and Lenora Explorations on their joint ventured gold property in Holloway Twp., north of Kirkland Lake, Ont.
The property is believed to cover extensions of the favorable geology striking from Barrick’s McDermott project immediately to the east. The McDermott property hosts reserves of 2.8 million tons grading 0.197 oz gold per ton.
Barrick, the project operator, released results from 19 holes, all of which intersected anomalous gold values. Only sections grading in excess of 0.14 oz are listed below. Hole Intersection Width Grade (ft) (ft) oz au/t 268 969.6- 974.2 4.6 0.14 269 723.2- 737.4 14.2 0.17 271 1129.6-1157.1 27.5 0.18 273 856.0- 858.0 2.0 0.15
881.1- 885.1 4.0 0.27 277 617.3- 620.2 2.9 0.32 280 428.0- 433.4 5.4 0.23 281 463.7- 471.1 7.3 0.14 283 815.8- 832.8 17.0 0.20 284 612.5- 630.8 18.3 0.18 Barrick and Lenora have a 65% and 35% interest in the property respectively.
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