Canadian Mining Journal

News

GOLD-TUNGSTEN: Mega Precious defining high grade mineralization at Monument Bay

MANITOBA – Mega Precious Metals of Thunder Bay, ON, is re-assaying old core from its Monument Bay gold-tungsten project 340 km southeast of Thompson. The results continue to define what the company calls "multiple parallel high grade gold...



MANITOBA – Mega Precious Metals of Thunder Bay, ON, is re-assaying old core from its Monument Bay gold-tungsten project 340 km southeast of Thompson. The results continue to define what the company calls “multiple parallel high grade gold and tungsten mineralization” located within the proposed open pit.

The longest intercept was 26.0 metres that graded 1.30 g/t Au and 0.06% WO3, including 5.0 metres that assayed 2.21 g/t Au and 0.19% WO3. The highest grades were 4.08 g/t Au and 0.13% WO3 over 3.0 metres and 3.79 g/t Au and 0.20% WO3 over 6.4 metres.

Currently, Mega is retesting core from the eastern portion of the Twin Lakes deposit. Work done on the central and western portions of the deposit have shown growth in the width of the mineralization as well as grade continuity.

The Twin Lakes deposit is one of three gold-tungsten deposits at the Monument Bay property. Learn more at MegaPMI.com