A first-phase drill program by
Thirteen holes tested a mineralized zone measuring 3.2 km by 60 metres wide. Nine of the holes hit greater than 1 gram gold per tonne over significant widths. Highlights (most are true widths) included the following:
– hole 1 cut 6.2 metres grading 1.16 grams gold;
– hole 2 cut 2.6 metres of 1.06 grams gold;
– hole 3 cut 39.6 metres of 1.39 grams gold;
– hole 4 cut 4 metres of 3.71 grams gold;
– hole 5 cut 5.4 metres of 2.25 grams gold (from 81 metres downhole), 20.5 metres of 1.12 grams gold (from 106.5 metres), and 17.2 metres of 1.86 grams gold (from 147 metres);
– hole 6 returned 13.6 metres of 1.3 grams gold (from 85.5 metres) and 7.4 metres of 3.21 grams gold;
– hole 7 cut 4.5 metres of 6.82 grams gold (from 10.5 metres), 11 metres grading 1.92 grams gold (from 55 metres), and 12 metres of 3.06 grams gold;
– hole 10 cut 4 metres of 1.91 grams gold (from 3 metres), 54.1 metres of 2.42 grams (from 18 metres), 5.3 metres of 1.69 grams gold (from 106.5 metres), 6.6 metres of 2 grams (from 174 metres), and 4 metres of 1.35 grams gold (from 196.5 metres);
– hole 11 cut 3.9 metres true of 4.95 grams gold starting at 88.5 metres downhole.
The gold mineralization is hosted in flat-lying quartz veins and stockworks occassionally accompanied by pyrite and arsenopyrite in a zone of sercitic alteration. Cantex says the property features baseball-sized and basketball-sized pods of high-grade mineralization, and adds that the coarse gold is difficult to sample and analyze. The company is encouraged by the first-phase program.
“These initial intersections suggest a strong potential to develop an open-pit, bulk-minable deposit,” says John Churchill, project geologist.
Cantex holds ground totalling 41,000 sq. km in the region and, although Al Hariqah is its flagship project, the company is also exploring the Suwar copper-nickel-cobalt project and the Dhi Bin zinc-lead-silver project.
At Suwar, the company is drill-testing 350 metres of the 900-metre-long geochemical anomaly with nine holes.
Assay results from the first two holes of a 9-hole drill program at Suwar are now in hand (See table, page 15).
Since early January, Cantex has drilled three additional holes at Suwar, and a fourth is nearing completion. Holes 3, 4 and 5 are currently being logged and split. The company is now planning to drill a total of 10 holes into the Suwar North zone, instead of the four that were originally planned. In the Suwar South zone, three holes are planned.
Plans to drill the Dhi Bin prospect, where grab samples returned up to 10.32% zinc and 0.44% lead, have been put on hold.
Based on results from Al Hariqah, Cantex will complete its program at Suwar and then move the rig back to Al Hariqah for additional drilling.
Cantex is headed by geologist Charles Fipke. His junior company discovered the first diamondiferous kimberlites in the Lac de Gras region of Canada’s Northwest Territories.
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