Montreal-based Lyon Lake Mines (LLL-M) has resumed drilling at its Canamazo gold concession in Costa Rica.
The new campaign will include 5,000 metres of reverse-circulation drilling, with the first 1,200 metres devoted to definition work.
>From the drill campaign ended November 1996, Lyon Lake reported the following intersections: 6 metres (from 24 to 30 metres) grading 0.64 gram gold per tonne in hole 6; 4 metres (from 82 to 86 metres) of 1.85 grams in hole 7; and 4 metres (from 17 to 21 metres) of 1.27 grams in hole 8. The last hole did not reach its target.
The Canamazo concession abuts Lyon Lake’s Beta Vargas concession, where the firm is opening an open-pit mine with reserves of 2.9 million tonnes grading 1.3 grams gold (T.N.M., Oct. 28/96).
The ore treatment plant and other facilities are under construction.
The two concessions, known collectively as the Beta Vargas property, total 39 sq. km and lie 150 km north of the nation’s capital, San Jose.
Elsewhere in Costa Rica, Lyon Lake has completed a 2,000-sample geochemical survey at its 80-sq.-km Esperanza property, with results to be announced in mid-February.
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