Drill results from the Moss Lake joint venture west of Thunder Bay, Ont., continue to confirm the presence of a large low-grade mineralized zone on the property. The latest assay results, derived from a 21-hole program to test the main and QES zones, have extended the mineralized structure for approximately 8,000 ft. along strike.
Central Crude (TSE), 42% owned by Noranda (TSE) subsidiary Hemlo Gold Mines (TSE), is continuing with additional assaying and metallurgical testing under an option to earn a 60% interest in the property from Tandem Resources (TSE) and Storimin Exploration (ASE).
Although all of the holes intersected the mineralized zone, some of the best results from the QES zone, at the eastern limit of the deposit, include:
Width Grade Hole (ft.) (oz./ton) 217 426.5 0.041 219 42.6 0.108 225 298.6 0.031 228 223.1 0.040 And from the main zone: 221 226.4 0.033 222 13.1 0.985 224 128.0 0.060
Noranda Exploration, operator on the property, encountered most of the mineralized intersections above a vertical depth of 600 ft.
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