Malartic Sud drilling delivers goods at Croinor (September 22, 2003)

An 81-hole drilling program by South-Malartic Exploration (MSU-V) is expanding the known mineralization at the Croinor gold deposit in northwestern Quebec.

Drilling over a 680-metre strike length surrounding the existing Croinor shaft returned intersections mainly in the 1- to 7-metre range, with some as long as 15 metres. Grades mostly ranged from 2 grams to 10 grams per tonne. Altogether 57 of the drill holes returned grades exceeding 3 grams per tonne.

Among the highlights of the drilling were in the Croinor deposit’s Zone 5, where hole CR03-193 returned an 8.35-metre core length grading 5.9 grams gold per tonne. Zone 5 is open in both directions along strike and in earlier drilling returned a 15.9-metre length that ran 7.3 grams gold per tonne.

The near-surface Zone 16 returned two substantial intersections, a 7.5-metre length grading 16.8 grams per tonne in hole CR03-197 and a 5.5-metre length running 14.2 grams in hole CR03-242. Both those intersections included short high-grade intervals — for example, a 1-metre intersection carrying 95.9 grams per tonne in hole 197 — and cut grades were 8.6 and 4.3 grams per tonne, respectively.

There were also some near-surface intersections in Zone 24, including a 10.7-metre interval grading 4.3 grams per tonne.

South Malartic holds a 75% interest in the Croinor property, with the rest held by Huntington Exploration (HEI-V).