New drill results from Goldcorp’s (G-T) Red Lake operation have confirmed that a mineralized zone being explored at the mine’s deep levels extends eastward and down-plunge.
Two drill holes testing a structure near the 38 Level (1,697 metres deep), about 600 metres east of the No. 2 shaft, intersected extensions of three gold-mineralized structures encountered in previous drilling at higher levels.
The FW3 zone, intersected over a 2-metre length in one hole, carried 66.2 grams gold per tonne. The FW4 zone, intersected in both, carried 51 grams per tonne over 4.4 metres and 4.8 grams per tonne over 2.8 metres. A 2-metre intersection in the Quartz-Carbonate zone graded 1 gram per tonne, and two intersections in other mineralized structures deeper in the footwall graded 6.5 grams over 1.4 metres and 11 grams over 1.6 metres.
Delineation drilling of known mineralized structures closer to the No. 2 shaft continues to intersect bonanza-style grades in all the new high-grade zones. Gold grades in the new intersections are mostly in excess of 30 grams per tonne and range as high as 888 grams (25.91 oz. per ton).
Drilling in a third area, south of the No. 2 shaft, intersected mineralization in one of the high-grade FW zones and in the mine’s main Sulphide zone. Mineralization in the FW zone graded 5.1 grams per tonne over 2.3 metres, and that in the sulphide zone graded 40.5 grams over 0.3 metres.
Goldcorp will also be testing exploration targets in upper levels of the mine. Preliminary drilling on levels between No. 11 and No. 28 (490 to 1,250 metres depth) has intersected mineralized zones of variable width and grade, including 12.3 grams gold per tonne over 6.5 metres on 13 Level and 9.6 grams per tonne over 6.1 metres on 17 Level. Drilling should resume after the new year.
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