QUEBEC – Alexandria Minerals Corp. of Toronto has extended the West zone at its Akasaba project near Val d’Or by 100 metres below the current resource based on step-out drilling. Hole IAX-13-238 returned 112.80 metres grading 0.37 g/t Au and 0.23% Cu (0.76 g/t AuEq).
Interpretation of core logs and assays from two recent holes show that the wide deformation and alteration zone characteristic of the West zone continues to at least 400 m vertical depth, says the company. Copper sulphides (principally chalcopyrite), pyrite and gold are typically finely disseminated over the width of the zone, which averages some 60 metres wide, but can be as much as 100 metres wide. In addition, numerous molybdenite-bearing quartz veins were intersected in hole IAX-13-238, an effect of the nearby Callahan diorite intrusive body.
Alexandria acquired the former producing Akasaba property in 2007. The property straddles the Cadillac tectonic zone, and the old mine lies about 600 metres to the north. In 1964 the mine produced almost 40,000 oz of gold and 13,000 oz of silver.
Follow Alexandria Minerals on Facebook, Twitter, YouTube and Flickr or visit www.AZX.ca.