Greenstone Resources says a partially developed ramp at its Gwillim gold property in the Chibougamau area of Quebec will be expanded and a program of exploration drifting carried out.
President Ian Park says the decision results from continuing positive drill results on the property by operating partners Flanagan McAdam Resources and Muscocho Explorations.
A decline ramp was started by previous operators but halted at 560 ft, a few hundred feet short of the main gold-bearing structures within the zone.
Mr Park says the ramp now will be advanced to reach these zones at the 200-ft horizon.
Flanagan McAdam previously reported (N.M., July 20/87) that hole kod-1-87 contained 38.1 ft of core length averaging 0.376 oz gold per ton. Further assays results have confirmed this first zone as 49.9 ft averaging 0.30 1 oz, including 15.5 ft of 0.808 oz.
In addition, Greenstone says, a deeper zone in the same hole has assayed 0.894 oz over 9.5 ft.
One of three subsequent drill holes, kod-3-87, 100 ft along strike to the east, assayed 14.2 ft of 0.15 oz, and hole kod-4-87, drilled to intersect the structure at greater depth, yielded 17.3 ft. grading 0.283 oz, including 14.1 ft of 0.34 oz.
Drilling continues with two machines on the property.
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