A mineral reserve (probable and possible) of at least 541,300 tons grading 0.12 oz gold per ton is indicated to date for zone 75 at the Launay-Privat property located 30 miles northeast of Rouyn-Noranda, Que., Messeguay Mines (ME) reports.
The reserve figure comprises 252,200 probable tons averaging 0.117 oz and 289,100 possible tons grading 0.115 oz. The zone has been defined along 300 ft and to a depth of 300 ft.
Overburden ranges from zero to 10 ft in depth. The cutoff grade was 0.1 oz. Further drilling is planned.
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