Canadian Mining Journal

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GOLD: Newman Todd offers high grades at shallow depths

ONTARIO – The latest results from drill holes at the Newman Todd gold project in the Red Lake mining district has Confederation Minerals of Vancouver thinking of continuity along strike and down dip. A 7-metre wide intersection that...



ONTARIO – The latest results from drill holes at the Newman Todd gold project in the Red Lake mining district has Confederation Minerals of Vancouver thinking of continuity along strike and down dip. A 7-metre wide intersection that graded 32.57 g/t Au was drilled 150 metres below surface.

Confederation has drilled 96 holes (38,987 metres) since 2011. It says the results demonstrate the continuity of gold- and sulphide-bearing, quartz-carbonate breccia. The breccia varies from 70 metres to over 200 metres wide. Gold-bearing core has been recovered from holes along a strike length of 1.8 km, and the zone remains open for an additional 400 metres to the southwest. The breccia is also believed to extend to depths in excess of 1,000 metres.

Confederation has the option to earn a 70% interest in the Newman Todd prospect from Redstar Gold Corp.

The photo gallery of the Newman Todd project includes several examples of visible gold. Please visit ConfederationMineralsLtd.com.