PERSPECTIVE: Bonanza gold assays from Quebec and Ontario

QUEBEC and ONTARIO - Ah, there is nothing like bonanza gold grades to bring a smile to this writer's lips or the faces of CMJ readers. Here are two to ponder.

QUEBEC and ONTARIO - Ah, there is nothing like bonanza gold grades to bring a smile to this writer's lips or the faces of CMJ readers. Here are two to ponder.

Montreal-based Sirios Resources reports assays up to 834.4 g/t Au over 1.71 metres (24.3 opt over 5.6 ft) from the Moman vein at its Aquilon property in James Bay, QC. The same core included a 0.40-metre section that assayed 3,627.4 g/t Au. The poorest result reported was 26.7 g/t over 0.4 metres from the Muscovite vein. Recent drilling totalled 1,926 metres in 35 short vertical holes targeting four separate veins. (www.Sirios.com)

Drilling in the Timmins Gold Camp in northern Ontario, Temex Resources of Toronto has cut as much as 180.0 g/t Au 0ver 0.50 metres in the Upper Q zone. The Bonetal mine footwall returned 20.5 g/t Au over 1.70 metres and 54.0 g/t over 0.60 metres. Assays are pending on another 15 holes. (www.TemexCorp.com)

These are only two of the hundreds of active gold exploration projects in Canada. The high gold price, predicted by at least one pundit to be headed for US$2,000/oz this year, is keeping the heat on gold plays.

Comments

Your email address will not be published. Required fields are marked *

Jul 15 2024 - Jul 16 2024
Jul 17 2024 - Jul 18 2024
Jul 22 2024 - Jul 23 2024
Jul 29 2024 - Jul 30 2024