GOLD EXPLORATION: Meliadine continues to provide good grades

NUNAVUT — Calgary's Comaplex Minerals is still pulling good grades from its Meliadine West gold project ...

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NUNAVUT — Calgary's Comaplex Minerals is still pulling good grades from its Meliadine West gold project near Rankin Inlet. The project is owned 78% by Comaplex and 22% by Meliadine Resources.

 

In particular, the Tiriganiaq deposit returned 23.5 g/t over 3.1 metres and 20.2 g/t over 3.3 metres in hole M09-812. Hole M09-814 assayed 11.2 g/t over 5.0 metres, 14.7 g/t over 8.9 metres and 9.0 g/t over 5.3 metres. The highest assay was 24.5 g/t Au over 3.5 metres in hole M09-820W1 which also returned 10.0 g/t over 10.5 metres. Drilling continues to test the plunge extension of the high-grade 1255 lode and a parallel series of lodes in the Western Deeps part of the Tiriganiaq deposit.

 

Comaplex is also drilling in the shallow portions of the F zone in an attempt to upgrade resource numbers ahead of a feasibility study. Reconnaissance drilling at the Musket Bay structure, along strike about 80 km east of the Tiriganiaq deposit, is also being conducted, but it has so far returned no gold-bearing zones of note.

 

The company has posted the preliminary economic assessment (Feb. 2009) and the resource update for the Tiriganiaq deposit (July 2009) on its website, www.Comaplex.com.

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