Louvicourt resumes drilling at gold bet

Surface and underground drilling has resumed at the gold project of Louvicourt Gold mines (COATS), 14 km east of Val d’Or, Que.

The company says the surface drill pattern is designed to test four structures where earlier holes cut values greater than 0.2 oz. gold per ton. Drilling on the northern part of the property will test for massive sulphides.

The underground drill pattern will initially evaluate extensions of three structures. New mineralization is also being sought.

La Fosse Platinum (TSE), which owns 57% of Louvicourt, is financing the work. The property is owned 50% by Louvicourt and 50% by Ronrico Explorations (TSE).


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