Malartic-Sud finds new zone at Croinor

Drilling by South Malartic Exploration (MSU-V) at its Croinor property in the Abitibi region of Quebec has confirmed depth extensions of a surface showing found in prospecting earlier this year.

Stripping in the area, about 700 metres northeast of the main Croinor deposit, had revealed a pair of quartz-tourmaline-pyrite veins in shear zones about 10 to 12 metres apart, forming the margins of a deformed corridor in mafic volcanic rocks.

Hole CR03-276 intersected the first shear zone over a core length of 8.5 metres, with samples returning an average grade of 2.3 grams gold per tonne. Within that 8.5-metre length, a 3.5-metre interval graded 4.6 grams gold per tonne.

Further down, the same hole intersected the second shear zone over a 3-metre core length, which averaged 3.4 grams per tonne. A 1-metre interval in that zone graded 8.9 grams per tonne.

The new showing, dubbed Bug Lake, coincides with the east end of a series of weak chargeable zones found by induced-polarization surveying. The zones persist over an 800-metre strike length west of the showing.

Drilling is scheduled for the end of January on both the new showing and another showing, Trench No. 2, about 150 metres to the south. Altogether the company plans 2,000 metres of drilling, half of it to be done on Bug Lake and Trench No. 2.

Test milling has started on a 20,000-tonne bulk sample taken from the main Croinor deposit. The sample is being treated at the Camflo mill near Malartic, now owned by Richmont Mines (RIC-T).

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