Earning a 10% interest in property 10 miles east of Val d’Or, Que., by carrying out underground exploration work is La Fosse Platinum (TSE). Owner of the property is COATS-listed Louvicourt Gold Mines; La Fosse may earn its interest in a specified area of the property.
La Fosse says drilling has identified two potential zones, the Pillar and B. Among the better results: Pillar zone Core lengthGrade Hole(ft)(oz/t) 35 9.20.37 36 5.80.13 4713.90.17 B zone Core lengthGrade Hole(ft)(oz/t) 25.10.22 261 0.37 273.30.35 377.40.26 4713.90.17
Former production at the mine occurred between the 225-ft and 675-ft levels. La Fosse reports the latest drilling confirms the structures extend below the 675-ft level at least as far as the current depth (975 ft) of the shaft.
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