Exploration News (January 01, 2004)
Tom to drill Bristol gold project
Tom Exploration Inc. has started a 3,000-m diamond drilling program on the
Bristol gold project, 10 km west of Timmins, Ont., near Lake Shore Gold Corp.’s Holmer gold project. Drilling by Lake Shore at Holmer has intersected 11.6 g/t Au over 11.3 m and 10.7 g/t Au over 8.80 m in one hole and 47.2 g/t Au over 20.36 m in a second hole.
The Bristol project lies at the west end of the Timmins-Porcupine mining camp and TOM suggests it has similar geology, mineralization and alteration to the past-producing Hollinger, McIntyre and Coniaurum gold mines, which produced more than 30 million ounces of gold from deposits spatially associated with the Pearl Lake Porphyry.
Gold was first discovered at several localities on the Bristol property in the mid-1980s. The Main Zone, located near the centre of the property, was explored by Placer Dome Inc. and Cameco Gold Inc.
Previous shallow drilling at Bristol indicated that gold is associated with chalcopyrite-pyrite stringers and veins and quartz-tourmaline veins hosted by altered and sheared porphyry. The porphyry lies along a regional deformation corridor that passes near the centre of the property.
The focus of the current drill program is to test targets below 400 m with the potential to host large ore zones that are associated with quartz-feldspar porphyry stocks.