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BONANZA GOLD: Best results from across Canada last week

High gold grades can create a tingle in almost all our readers and in this writer. To get your senses moving h...



High gold grades can create a tingle in almost all our readers and in this writer. To get your senses moving here is a short list of some of the best drill core grades to cross my desk in the last week.

22.0 oz/ton – Vancouver’s Rubicon Minerals reported this eye-popping result from its Phoenix gold project in the Red Lake, ON, camp. Translated to metric, that is 754.2 g/t Au over 0.5 metres at a depth of 1,320 metres below surface. Another deep hole returned 18.6 g/t over 4.5 metres. Underground drifting on the 305 level is on target to reach the F2 core zone in October 2010. (www.RubiconMinerals.com)

274.0 g/tSlam Exploration of Miramichi, NB, reported this bonanza grade over 0.5 metres at its Reserve Creek project near Fort Hope, ON. The longest and strongest intersection was 47.5 metres grading 6.6 g/t Au. (www.SlamExploration.com)

178.1 g/tQueenston Mining of Toronto discovered this beauty (and 0.29% Cu) from a 1.0-metre section of the deepest drilling to date in the eastern portion of its Upper Beaver deposit. The assay represented part of a 3.0-metre intersection that averaged 90.1 g/t Au (and 0.33% Cu). (www.Queenston.ca)

95.6 g/t – Toronto-based Bison Gold continues to drill its Central Manitoba property and received this result from a 1.7-metre intersection within a 4.7-metre length of core that assayed 4.7 g/t Au. (www.BisonGold.com)

72.4 g/t – Initial drilling at the Midnight claim on the outskirts of Rossland, BC, returned this grade over a true width of 1.0 metre, reported West High Yield Resources of Calgary. The same hole, drilled to a depth of 91.4 metres returned 12.2 g/t over 1.3 metres, 23.5 g/t over 3.1 metres, 25.0 g/t over 1.7 metres and 32.1 g/t over 3.9 metres. Four of the company’s six initial drill holes resulted in encouraging assays. (www.WHYResources.com)

59.5 g/tKalahari Resources of Vancouver reported this grade over an intercept of 1.2 metres including 217.0 g/t Au in the presence of visible gold over 0.3 metre. Visible gold was also observed in the core from a second hole drilled to a depth of 158.1 metres. (www.Kalahari-Resources.com)

54.2 g/t – Montreal’s Osisko Mining cut this beauty over 1.6 metres at the Hammond Reef deposit near Atikokan, ON. The property is owned by Brett Resources, which is in turn owned 77.2% by Osisko. The bonanza grade was part of a 9.0-metre intersection that averaged 17.4 g/t found within a 84.0-metre core that averaged 2.8 g/t Au. (www.Osisko.com)

20.8 g/t -Vancouver-based Yukon-Nevada Gold intersected this handsome grade over 2.4 metres at the Bluff zone at its Ketza River property near Ross River, YT. The former 350-t/d Ketza River mine produced 100,000 oz of gold in 1988-1990. (www.Yukon-NevadaGold.com)

With results such as these, no one is going to find a cure for gold fever any time soon.


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1 Comment » for BONANZA GOLD: Best results from across Canada last week
  1. jeff cooper says:

    Yesterday, SLAM Exploration (SXL.v) announced the final assays from its wholly owned Reserve Creek gold project located in the Pickle Lake region of Ontario. Below, please find select intervals from each of the 3 Reserve Creek holes as well as 3 other properties they drilled during this successful campaign. The co. has stated their intentions of following up these results with further drilling.

    The focus of SLAM’s efforts now switch to its wholly owned Nash Creek, Mitchell and Silverjack silver-copper-zinc-lead claims in New Brunswick where SLAM will be conducting a trenching and 3000 m drill program. Please find past results below.

    Slam (SXL.v) closed yesterday at 0.12.

    Ontario Gold Property Drill Results

    Reserve Creek: 17 m metre of 16.5 g Au/t (within a 47.5 m of 6.58 g/t)
    30 m of 5.48 g Au/t (incl. 5.4m of 10 g, 6 m of 7.3 g, 1.4 m of 34 g, 0.3 m of 107 g)
    13 m of 3.09 g Au/t

    Miminiska Lake: 7.2 m of 9.47 g Au/t gold (incl. 64.1 grams per tonne gold over 1 m)

    Keezhik Lake: 22 g Au/t over 1.5 m

    Opikeigan Lake: 5.05 g/t gold over 2.3 metres

    New Brunswick Trenching and Drill Targets (Select Past Results)

    Silverjack: drill assays up to 653 g/t (19.05 oz/ton) silver, 2.69% copper, 11.9% zinc and 9.8% lead

    Knowles Vein: 17 ton bulk sample grading 51 oz (1750 g) silver, 14.3 % lead, and 10.2 % copper.

    Mitchell: grab samples up to 12.9% copper, 126 g silver/t

    Nash Creek: NI 43 101 compliant 9 million tonne silver-zinc-lead open pit amenable deposit with insitu value of $650,000,000; all infrastructure in place

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