Canadian Mining Journal

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GOLD: Bonanza grades for Pure Gold, IDM and Wallbridge



Underground at Red Mountain. (Credit: IDM Mining)

If readers think 48 g/t is a lovely bonanza, wait until they get to the even better grades.

Pure Gold Mining of Vancouver has cut 48.4 g/t gold over 6.0 metres from the McVeigh deposit at the Madsen gold project 16 km west of Red Lake, Ont. Another hole returned 12.5 g/t over 8.2 metres. A potential southward extension of the Fork zone returned 10.6 g/t gold over 3.1 metres and 13.9 g/t over 2.0 metres near surface in the footwall of the Starratt target. Another near surface hole assayed 32.5 g/t gold over 2.0 metres in an extension of the Austin zone. Underground drilling in the McVeigh deposit continues to expand the mineralized zones. (www.PureGoldMining.ca)  

Vancouver-based IDM Mining intersected 149.2 g/t gold and 59.9 g/t over 4.9 metres from the Marc zone at its Red Mountain project 15 km east of Stewart, B.C. The Marc zone also returned 1,400 g/t gold and 437 g/t over 0.5 metre. Another hole intersected 26.61 g/t gold and 88.19 g/t silver over 6.9 metres. Drilling in the AV zone returned 11.54 g/t gold over a true width of 4.04 meters and 11.58 g/t over 3.25 metres true width (11.84 g/t capped). Other drilling has traced a wide area of disseminated gold mineralization with higher grade tabular structure along at least 200 metres strike length. This area has been named the Smit zone in honour of former Red Mountain project Manager for Lac Minerals, Hans Smit, and his son Peter Smit, who is employed by IDM as a junior mining engineer. (www.IDMmining.com)

Wallbridge Mining Company of Toronto intersected 346.55 g/t gold over 3.06 metres at its Fenelon property 75 km northwest of Matagami, Que. That assay came from hole FA-17-17 which cut three other mineralized zones including 21.95 g/t over 4.45 metres, 6.13 g/t over 5.22 metres. Other holes also intersected multiple mineralized zones, the best of which was 67.00 g/t over 0.76 metre. Mineralization at Fenelon remains open along strike and at depth. Follow-up drilling is planned for this month. (www.WallbridgeMining.com)