Thinking of gold brings to mind all the companies exploring for the yellow metal around the world. They want to hit it rich, and they might just do so. Here is a selection of recent high grade exploration results.
MIRAMAR MINING hit 111.1 g/t Au over 1.5 metres at the Doris Central zone at its Hope Bay project in Nunavut. The same hole graded 18.1 g/t Au over its entire intersection of 11.4 metres. Results from the current in-fill drilling program will be used to upgrade resources to the indicated category and possibly expand the overall resources. (www.MiramarMining.com)
WOLFDEN RESOURCES (30%) and its partner BEMA GOLD (70%) hit grades as high as 625 g/t Au over 0.2 metre at their Monument Bay project in northeastern Manitoba. The current drill program on the Twin Lakes and Seeber River zones returned assays of 23.58 g/t Au over 2.6 metres, 31.71 g/t Au over 4.8 metres, 210.2 g/t Au over 1.0 metre, and 410.5 g/t Au over 0.5 metre. Previous work identified high-grade resources of 1.07 million tonnes averaging 15.4 g/t Au. (www.WolfdenResources.com or www.bema.com)
From its Quinsacocha project in Ecuador, IAMGOLD CORP. received assays as high as 61.9 g/t Au over 28 metres, plus 69.5 g/t Ag and 1.8% Cu. The same hole returned values of 424 g/t Au over 0.8 metre, 230 g/t Au over 0.5 metre, 246 g/t Au over 0.8 metre, 212 g/t Au over 1.0 metre, 113 g/t Au over 3.7 metres and 101 g/t Au over 1.9 metres. Two drill rigs continue to work at the property. (www.iamgold.com)
COMMANDER RESOURCES reported that its partner ALTO VENTURES has had more positive drill results from multiple zones of subparallel quartz veining on their Despinassy gold project near Val d’Or, Que. The best assay was 14.6 g/t Au over 3.7 metres, reported last February. The property is located in the prolific Abitibi Greenstone Belt, so there may be ample opportunity to make a new mine yet. (www.CommanderResources.com or www.AltoVentures.com)