Canadian Mining Journal

News

GOLD: Kaminak reports infill drill results from Supremo deposit

YUKON – Kaminak Gold Corp. of Vancouver reports final results from the 2014 infill drilling of the Supremo deposit at the Coffee gold project 130 km south of Dawson City. Highlights include 12.95 g/t Au over 9.14 metres, 9.22 g/t over...



YUKON – Kaminak Gold Corp. of Vancouver reports final results from the 2014 infill drilling of the Supremo deposit at the Coffee gold project 130 km south of Dawson City. Highlights include 12.95 g/t Au over 9.14 metres, 9.22 g/t over 11.00 metres, and 6.41 g/t over 15.00 metres.

Last year the company did close to 23,000 metres of infill drilling on the series of parallel, north-south striking gold bearing structures comprising Supremo, which contributes approximately 70% of the oxide gold ounces targeted for mining in the preliminary economic assessment. Infill drilling will continue this year with another 32,000 metres to be drilled.

Based on the 2014 PEA, the Supremo deposit hosts 1.27 million recoverable gold ounces at an average diluted grade of 1.13 g/t in oxide resources. The transitional resource contains 44,000 additional ounces at 1.64 g/t.

All maps, sections and assay sheets associated with this news release can be viewed by clicking here.