QUEBEC – Partners TomaGold (45%) of Montreal and Iamgold (50% and operator) of Toronto have drilled bonanza grades at the Monster Lake gold property 50 km southwest of Chibougamau. The results came from the final holes of the winter drilling program.
Map of drill holes at the Monster Lake gold project. (Credit: TomaGold).
Assays have demonstrated very high grades and continuity of the mineralization associated with the Megane zone. Hole NL17-197 returned 67.42 g/t gold over 3.5 metres, including 203.31 g/t over 1.2 metres. Hole ML17-198B returned 80.28 g/t gold over 5.0 metres, including 208.41 g/t over 1.8 metres.
The lower shear zone returned 39.48 g/t gold over 1.6 metres, including 66.50 g/t over 0.9 metre, in hole ML17-199.
Successful results from the winter drilling will allow Iamgold to revise the deposit model. In the coming weeks a 1,600-metre diamond drilling program will be undertaken to test gold-bearing structure along the main shear and parallel structures.
Visit the TomaGold site at www.TomaGoldCorp.com to find more drill results.