Geologists working on the Fontana project near Amos, Que., are still trying to get a handle on the complex vein structures that control gold mineralization on the property. Disappointed by the last five holes, which failed to intersect any significant mineralization, project operator Bay Resources and Services (ASE), using a new exploration model, will test the Hooper- Bunkhouse vein structure in September.
The Hooper-Bunkhouse vein junction, where last spring Bay intersected 125 ft. grading 0.51 oz. gold per ton, has been the focus of a deep drilling program since the beginning of the year.
“It is nearly impossible to follow the direction of these veins,” said Aline LeClerc, project manager. “We have to try to define the deposit better.” LeClerc said Bay will drill 2-3 more holes into the vein junction, probably from a different direction.
If Bay fails to intersect any further mineralization at the Hooper- Bunkhouse zone, it will continue surface exploration on some of the other five vein systems that cross the property, LeClerc suggested. Probable and possible reserves on the property currently stand at almost one million tons grading 0.17 oz. gold.
Fontana is a joint venture between Bay Resources (40%), Bay’s largest shareholder, St. Genevieve Resources (TSE), Stratmin (ME) and Jilbey Exploration (ME). Portfield Industries (COATS) retains a 15% royalty interest.
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