ONTARIO – Toronto-based Sage Gold
says it has drilled a new gold zone on its Clavos property 32 km northeast of Timmins. The new zone, called Sediment 2 zone, is 100 metres south of the existing Sediment zone and cut by hole 17-07 over 4.2 metres that assayed 4.09 g/t gold.
[caption id="attachment_1003718360" align="alignleft" width="300"] The Clavos mine site in the Timmins Gold Camp.
The Footwall intersection was tested by hole 17-08, and it returned 5.15 g/t over 3.9 metres. That hole hints at the possibility of a 300 metre strike length of potential mineralization west of the western end of the 150 West level of the existing mine workings.
Sage says the current drill program has also confirmed the continuity of the gold mineralization across the gap between the Main zone and the 960 zone.
The Clavos project is permitted, and the existing mining permit is in effect up to 2019. The mine was previously operated by St Andrew Goldfields and all infrastructure is in place.
Please visit the company’s website at www.SageGoldInc.com.