Typhoon cuts more high-grade at Fayolle (January 30, 2006)

Results of drilling at the Fayolle gold property, 35 km northeast of Rouyn-Noranda, Que., continue to provide positive news for Typhoon Exploration (TOO-V).

Five new drill holes intersected similar grades to those encountered earlier in the exploration program at Fayolle. Among them was hole FA05-28, which cut a 12.1-metre core length averaging 14.9 grams gold per tonne, including a high-grade 1.5-metre interval that graded 89.5 grams per tonne.

Hole FA05-20, drilled from the south side of the Fayolle structure to make a “scissor” pair with hole 28, intersected 4.3 metres grading 10.9 grams per tonne.

On the west end of the structure, hole FA05-23 cut 5.7 metres that graded an average 11.1 grams gold per tonne, while FA05-27, drilled at a slight offset to FA05-23 from the opposite side of the structure, returned 19.5 metres grading 5.2 grams per tonne.

A third hole, FA05-22, drilled between the two pairs, cut 5.7 metres grading 6.2 grams gold per tonne.

The structure is interpreted as being moderately south-dipping, with the narrower intersections in holes 20, 22 and 23 close to the true width of the structure.

Quebec-based Typhoon Exploration has been generating some high-grade gold results from its wholly owned Fayolle property near Rouyn-Noranda, Que. The latest was a 25.1-metre intersection grading 43.5 grams gold per tonne, which includes two 1-metre intervals grading 378.8 grams and 455.2 grams gold, respectively. The company says these results suggest potential for a “Sigma-type jewelry box” lens, which means small but rich pods of gold mineralization similar to those historically found at the old Sigma mine in the nearby Val d’Or camp.