Starcore Resources to option Avalon’s Denain project

Starcore Resources (VSE) can earn a half interest in the Denain copper-zinc-silver-gold property of Avalon Ventures (VSE).

Situated 60 km east of Val d’Or, Que., the property comprises 745 hectares and covers five occurrences of copper-

silver-gold mineralization hosted by altered felsic volcanics.

These rocks are described as similar in character to the host rocks of the productive Louvicourt copper-zinc-silver-gold volcanogenic massive sulphide deposit 30 km west of Denain. Starcore and Avalon feel the Denain deposit may represent an extension of Louvicourt.

In the past, channel sampling by previous owners of a quartz-sulphide vein on the Denain property’s South zone consistently yielded gold values exceeding 13.7 grams gold per tonne over widths ranging from 0.5 to 0.75 metre.

The property also hosts two showings of stringer copper mineralization in chloritized, fragmental rhyolites similar to typical footwall mineralization in a feeder pipe to a volcanic, exhalative, massive sulphide system. Limited shallow drilling on these showings has produced copper values of up to 1.32% over 10.3 metres and 1.4% over 5 metres, and the zones remain open below the 100-metre level.

Starcore and Avalon plan to carry out a 2-phase exploration program this fall. This will entail defining targets for a second phase of drilling, which would follow in November or December.