Final assay results from the last four holes on the Douay gold project in northwestern Quebec have been released by 37% owner Societe d’Exploration Miniere Vior (ME). The project is operated by Inco (TSE) with a 42% interest; Val d’Or- based Cambior (TSE) has a 21% interest. Results greater than 0.08 oz. gold per ton from the final holes are as follows:
Width Grade Hole (ft.) (oz./ton) 661 0.8 0.29 2.0 0.14 662 6.5 0.13 3.7 0.09 39.6 0.29 663 1.8 0.26 664 7.5 0.30 4.7 0.09 3.8 0.09
The drill program was designed to further test the potential of the Douay West zone which was discovered in February. Holes 661 and 663 tested the deposit’s 1,000-ft. and 900-ft. horizons respectively, while holes 662 and 664 tested the 600-ft. and 700-ft. horizons.
More drilling on the West zone will resume following winter freeze-up, Vior said. A revised estimate of preliminary reserves is also expected once all results from the current drill program have been compiled.
The West zone was previously reported to host preliminary reserves of nearly 370,000 tons grading 0.31 oz. gold down to a depth of 580 ft.
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