Ontex enhances Cherbourg

Drilling by Ontex Resources (ONT-T) at the Cherbourg property, west of Geraldton, Ont., indicates gold mineralization at depth below some previously known gold zones.

Ontex, currently earning a 60% interest in the 2.4-sq.-km Cherbourg property and an adjacent 34-sq.-km land package from Metalore Resources (MET-T), has been testing the Cherbourg and Contact zones, two zones drilled in the late 1980s by Placer Dome (PDG-T). The new drill holes tested areas below 350 metres vertical depth.

Ontex’s hole CC99-06 intersected three zones of mineralization, including 1 metre grading 5.6 grams gold per tonne, 0.1 metre grading 12.8 grams, and 0.5 metre grading 8.1 grams. A wedge from this hole cut a 1-metre intersection grading 29.9 grams and a 1.1-metre length that carried 7.3 grams gold per tonne.

A second hole, CC99-07, was collared a short distance to the east, and intersected a 0.5-metre length grading 4.7 grams gold per tonne. A wedge drilled from this hole cut 3.5 grams gold over 1 metre.

Two other holes also intersected gold mineralization: CC99-09 cut 0.5 metre grading 3.5 grams gold per tonne and CC99-02 encountered 1 metre with an average grade of 3.7 grams.

Ontex has moved east to its Brookbank claims, where it has an outright interest, to drill down-plunge from the known mineralization there. In 1990, Placer Dome estimated a resource of 1.3 million tonnes grading 9 grams gold.