Canadian Mining Journal

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GOLD EXPLORATION NEWS New Porphyry Discovery Returns Gold Near Timmins

NORTHERN ONTARIO BAND-ORE RESOURCES has reported significant gold mineralization from a newly intersected zone at...


NORTHERN ONTARIO BAND-ORE RESOURCES has reported significant gold mineralization from a newly intersected zone at the wholly-owned Thorne property near Timmins. Gold mineralization, with values of up to 3.54 g/t Au over 9.8 metres (core length) including 4.61 g/t Au over a core length of 6.6 metres, has been encountered in the latest phase of diamond drilling conducted on the property.

Gold mineralization is found to occur directly within and marginal to a newly identified porphyry system, termed the Sand Hill porphyry. The Sand Hill porphyry, mineralized with pyrite and gold, is geologically similar to other mineralized porphyries that are associated with several past- and currently-producing gold mines in the Timmins camp, according to Band-Ore.

The Sand Hill zone is located approximately 100 metres south of the Golden River West zone. The porphyry was not identified in previous drilling on the Golden River West zone, as Sand Hill is located beyond the limits (to the south) of the drilling completed during that time. Several holes that were drilled in 1997 have recently been extended to test this new gold-bearing porphyry system.

Plans and sections of the Sand Hill porphyry and other Band-Ore properties are posted at www.band-ore.com.


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