ONTARIO – Explor Resources of Rouyn-Noranda, QC, has updated the 43-101 report for its Timmins Porcupine West gold property 15 km from downtown Timmins. Drilling complete to year-end 2012 yielded a 40% increase in indicated ounces and a 119% increase in indicated tonnage over numbers from only six months earlier.
Both open pit and underground numbers were given in a recent release. The open pit resources (at a 0.25 g/t Au cut-off) include 1.25 million indicated tonnes grading 1.85 g/t Au and 2.5 million inferred tonnes at 2.31 g/t. The underground material (at a 1.70 g/t Au cut-off) includes 1.76 million indicated tonnes averaging 3.96 g/t Au and 6.15 inferred tonnes at 3.01 g/t. Explor noted that the strike length of the mineralization is more than 2,000 metres, being open both along strike and a depth.
The drill program has concentrated on the south limb of the syncline. Gold mineralization is associated with quartz feldspar and syenite porphyry. The larger zones of mineralization display a strong spatial relationship with proximity to syenite intrusive rocks and high iron-tholeitic volcanic rocks, according to Explo.
A 3-D geological model may be viewed at ExplorResources.com.