MATACHEWAN, Ontario Results from this year’s 10-hole, 1,963-m drill program at the Juby project indicates the high-grade gold mineralization intersected in previous programs extends deeper than had been thought. The property, located on the Larder Lake-Cadillac fault zone, is 100%-owned by TEMEX RESOURCES.
The drilling was conducted on the eastern margin of the Main zone, which remains open. Drill intercepts from the most recent drilling suggest that the plunge of the higher-grade mineralization may be steepening. Hole JU 03-11 returned 14.74 m grading 4.17 g/t Au including 4.90 m grading 6.55 g/t Au and including 0.90 m grading 10.94 g/t Au. Other intersections include 1.55 m at 5.85 g/t Au including 0.50 m grading 10.74 g/t Au, and 4.20 m grading 5.09 g/t Au. These higher-grade zones are all within the gold envelope that graded 1.68 g/t Au over a core length of 90.05 m.
The Juby project is in the advanced stages of exploration in hopes of developing an open pit mine. Contact Temex at email@example.com or call president and CEO Bill Groves at 416-862-2246.