VAL D’OR, Quebec It’s not blackfly season yet in Northern Quebec, but that may be the reason SOUTH-MALARTIC EXPLORATION named its recently-discovered gold shear zone the Bug Lake showing. (In truth, it is named for a nearby lake.)
The Bug Lake zone is located 700 metres northeast of the Croinor deposits and about 150 metres north of what South-Malartic calls Trench No.2. The host rock appears to be mafic lavas strongly ankeritized with the presence of quartz-tourmaline-pyrite veins within more intense deformation zones. Two shear zones have been intersected by drilling. The first was encountered near surface and returned 2.27 g/t Au over 8.5 metres including 4.60 g/t Au over 3.5 metres. The second was intersected between 28 and 32 metres along the hole and has returned 3.44 g/t Au over 3.0 m including 8.86 g/t Au over 1.0 m. A detailed discussion of the Croinor geology is available at www.malarticsud.com.
South-Malartic has taken a 20,000-tonne bulk sample from the property. The material will be treated at Richmont Mines’ Camflo mill.