Recently noted for its exploration efforts in Ivory Coast, Marshall Minerals (TSE) has intersected gold on its 251-claim Sangold property near Timmins, Ont.
The junior carried out a 15-hole program totalling 7,280 ft., confirming the southern extension of the Patrician zone and, in the process, uncovering two new parallel lenses. Mineralization is associated with anastamosing quartz-carbonate-sulphide veining found within carbonatized shear zones near a regional contact between felsic and mafic volcanics.
The best drill results include 0.34 oz. gold per ton across 5.6 ft., 0.69 oz. across 6.9 ft. and 0.46 oz. across 9.6 ft.
Additional drilling, half a mile east of the Patrician zone and also at the felsic mafic contact, intersected anomalous gold values at the 135 showing. The company acquired the property, situated 60 miles west of Timmins, in 1987, following the discovery of the Patrician zone by a local prospector. Trenching and subsequent channel sampling yielded an assay of 0.78 oz. across 15 ft., including 1.62 oz. over 6.6 ft.
Follow-up drilling in 1988 intersected uncut values of 0.26 oz. over 49.3 ft., including 7.5 ft. averaging 0.88 oz., 26 ft. of 0.27 oz. and several narrower, high-grade sections.
Marshall plans to carry out a geophysical survey and drill program along the 4.5-mile contact length in an effort to uncover other mineralized lenses.
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