QUEBEC – Drilling at the Cheechoo gold project has returned a whopping 177.5 g/t Au over 0.8 metres and 165.0 g/t Au over 1.0 metre. The project is owned 45% by Golden Valley Mines of Val d’Or, QC, and is under option to Sirios Resources (55% and the operator) of Montreal.
The Cheechoo gold project is located in Eeyou Istchee James Bay 800 km north of Montreal and less than 10 km from Goldcorp’s Eleonore gold mine that has just begun production.
Sirios said the high grade mineralization is contained within a large, lower grade envelope. The highest assay (177.5 g/t) was included in a 9.7-metre interval that averaged 15.61 g/t Au. The other (165.0 g/t) formed part of a 12.35-metre interval that averaged 15.04 g/t Au.
Two new gold zones were drilled late in 2014. Since that time, metallurgical tests have indicated that 70% of the gold can be recovered in a gravity circuit.
Details of the latest drilling results are presented at Sirios.com.