An 11-hole diamond drill program totalling 1,589 ft has been completed by Alberta-listed Troymin Resources on its recently optioned Mon group of leases located about 30 miles north of Yellowknife, N.W.T.
Troymin optioned these leases from Cominco Ltd. last fall. Previous work by Cominco on the property had resulted in the identification of about 1,000 tons of reserves at a reported 3.35 oz gold uncut per ton in the shallow A zone.
Troymin’s drill program, which was initiated to test the continuity of the A zone gold-bearing quartz veins at depth, intersected the veins.
Preliminary assay results indicate anomalous gold concentrations ranging up to 0.35 oz over narrow widths in the veins and in the adjacent altered metavolcanics.
A new mineralized zone was also encountered beneath Cominco’s A zone in drill hole No 11. This new zone occurs at a lower metasedimentary/metavolcanic contact. Gold mineralization here is associated with shearing, hematization and carbonatization.
Preliminary assay results from a 2.5-ft section within this zone returned 1.68 oz. Additional sampling and further assays are awaited.
Be the first to comment on "Troymin encounters new mineralized zone at Mon bet in N.W.T."