Vogel property shapes up for Kinross, Black Hawk — Drilling indicates mineralized structures persist

The Vogel property, about 15 km east of Timmins, Ont., may be shaping up as an important part of the future for the Hoyle Pond mine of Kinross Gold (K-T).

Kinross recently finished a $1-Million program of resource drilling, which increased the drill-inferred resource at Vogel to 1.6 million tonnes grading 8.2 grams gold per tonne, from a previous figure of 700,000 tonnes grading 11.28 grams.

In addition, one hole advanced in a second phase of drilling intersected the property’s V-4 gold zone at a vertical depth of 717 metres, the deepest intersection to date. By comparison, the new resource figure takes into account only the mineralization above a 320-Metre vertical depth.

The new hole cut 11 metres grading 8.4 grams gold per tonne at 717 metres, and also intersected a 1-Metre interval in the V-1S zone grading 5.8 grams and a 4-Metre interval in the V-1N zone grading 5 grams.

Two other holes in the new program (both infill) intersected the V-1N, V-1S, and V-2 zones at shallow depths, and included intersections of 17.5 grams gold per tonne over 2.9 metres and 10.2 grams over 1 metre, both in the V-2 zone.

Kinross is earning a half interest in the Vogel property, just west of Hoyle Pond, from Black Hawk Mining (BHK-T). Thunderwood Resources (THS-T) is funding 35% of Kinross’s work to earn a 17.5% interest, which will leave Kinross with 32.5%.

Colin Benner, president of Black Hawk, said the company was “extremely pleased with these results, as the shallower holes are giving us greater confidence in the grade and continuity of the zones,” and the deeper hole confirmed that the mineralized structures persist as much as 700 metres below surface.

Nearer to town, Vedron Gold (VDGI-C) has released results from drilling targets along the western fold limb of the Fuller deposit. So far, the company has drilled 15 holes in the western phase of its program, following earlier work which tested down-plunge from known mineralization in the Fuller’s eastern limb.

The western drilling has encountered several mineralized zones which have been correlated with similar zones to the east. The zones are substantially wider than those found at Fuller in the past, ranging from 1 to 25 metres along the core. Horizontal widths are typically 2 to 5 metres, and grades range from 1 to 21 grams per tonne.

The deposit’s Contact and Hanging Wall (HW) zones have proved the thickest, with one intersection in the former grading 5.6 grams gold per tonne over 21.3 metres (6.2 metres horizontal) plus an additional 4.1 grams over 10.8 metres (4.6 metres horizontal). In the HW zone, a 25.6-Metre intersection graded 4.5 grams.

Some higher-grade intersections have also been encountered, including 21.9 grams over a 4.4-Metre core length and 14.6 grams over 2.8 metres.

Induced-polarization (IP) surveys half a kilometre north of the deposit revealed several chargeable zones that have since been stripped and water-washed. One IP survey detected three surface zones of disseminated sulphides about 6 to 30 metres wide. Drilling on the downdip extension of the surface zones is planned for the end of May.