-- New gold zone intersected 350 metres (“m”) below
existing mining and known mineralization in West Porphyry
Deposit
- Key intercepts: 46.7 g/t Au over 9.6 m, including 68.3 g/t Au
over 6.0 m, 89.2 g/t over 1.0 m and 104.2 g/t over 1.0 m, with
numerous visible-gold stringers
-- Underground drilling between the West Porphyry
Deposit and the Shaft Deposit continues to intersect high-grade
mineralization near existing infrastructure
- Key intercepts: 43.8 g/t Au over 3.8 m, including 47.9 g/t Au
over 1.3 m and 69.3 g/t Au over 1.5 m
-- Drilling up dip of 1004 Zone highlights potential for
near-term Mineral Resource growth near existing
infrastructure
- Key intercepts: 36.5 g/t Au over 1.5 m, 14.4 g/t over 2.3
m
-- Surface drilling east of Shaft Deposit continues to
intersect gold-bearing quartz veins
- Key intercepts: 8.6 g/t Au over 5.7 m, 22.7 g/t Au over 1.5,
25.0 g/t Au over 1.5 m
-- Surface drilling intersects high-grade gold-bearing
quartz veins with visible gold up to 700 m below West Porphyry
Deposit
- Key intercepts: 15.8 g/t Au over 2.0 m.
Kirkland Lake Gold Ltd. (“Kirkland Lake
Gold” or the “Company”) (TSX:KL)
(NYSE:KL) (ASX:KLA) is pleased to report new exploration drill
results from surface and underground drilling at the Taylor Mine
(“Taylor”) in Northeast Ontario, and situated along the prolific
Porcupine Destor Fault (the “PDF”). Recent drilling occurred along
the hanging wall of the PDF, where high-grade gold mineralization
has been intersected up to 1.8 km east of the Taylor Shaft Deposit;
at a prospective target area situated to the west of the Shaft
Deposit and east of the West Porphyry Deposit; at depth below both
the East Porphyry and West Porphyry deposits; and up dip of the
1004 Zone of the West Porphyry Deposit. The new drill results
include 17 surface drill holes for 9,540 m, bringing total surface
drilling reported in 2017 to 60 holes totaling 32,060 m.
Underground drill results reported today include 16 holes for 3,309
m, bringing total underground drilling for 2017 to 47 holes
covering 12,381 m.
Tony Makuch, President and CEO of Kirkland Lake
Gold commented: “Today’s results further increase our confidence in
the expansion potential and high-grade nature of the Taylor
deposits, and support our ability to meaningfully grow Mineral
Resources and Mining Reserves at Taylor Mine, through both
increased tonnes and higher grades. These latest exploration
results include high-grade intersections near existing
infrastructure to the west of the Shaft Deposit and up dip of the
West Porphyry Deposit. In addition, the results highlight the
substantial exploration potential that exists to extend the West
Porphyry Deposit to depth, with underground drilling intersecting a
new, high-grade zone 350 m below existing mining and surface
drilling intersecting high-grade gold mineralization up to 700 m
below the existing Mineral Resource. If confirmed through infill
drilling, these results will represent a major extension of the
West Porphyry Deposit. We also continue to achieve encouraging
exploration results east of the Shaft Deposit along the PDF, with
new results including high-grade intersections up to a kilometer
away from the mine. Our exploration program at Taylor is continuing
with three surface drills and one underground drill in
operation."
Surface Drilling Program
Surface drilling to date has focused primarily
on targets east and south-west of the Shaft Deposit, where
shallow-dipping mineralized quartz veins situated in the hanging
wall of the PDF have been intersected at multiple locations (see
Figures 1 & 2). The new results being reported include 17
holes for 9,540 m of surface exploration. Results from this
drilling support the Company’s view that mineralization at Taylor
remains open at depth and along strike to the east and west.
Significant drill results from surface drill program
include:
- 7.8 g/t Au over 1.0 m in hole TA17-092, drilled approximately
650 m South of the 1004 Zone in the West Porphyry Deposit at a
depth of 1100 m down hole
- 15.8 g/t Au over 2.0 m (14.9 g/t cut) in hole TA17-092W2, a
wedge cut off of hole TA17-092, which pierced the zone
approximately 40 m up dip of the parent hole
- 19.6 g/t Au over 1.0 m and 7.1 g/t Au over 2.4 m in hole
TA17-072, drilled approximately 600 m east of the Shaft
Deposit
- 5.7 g/t Au over 2.5 m in hole TA17-058, drilled approximately
675 m east of the Shaft Deposit
- 4.2 g/t Au over 2.0 m in hole TA17-071, drilled approximately
800 m east of the Shaft Deposit
- 8.6 g/t Au over 5.7 m in hole TA17-086, drilled approximately
900 m east of the Shaft Deposit
- 22.7 g/t Au over 1.5 m in hole TA17-075, drilled approximately
700 m east of the Shaft Deposit
- 25.0 g/t Au over 1.5 m in hole TA17-057, drilled approximately
1000 m east of the Shaft Deposit
- 5.2 g/t Au over 2.4 m in hole TA17-076, drilled approximately
700 m east of the Shaft Deposit
- 14.4 g/t Au over 2.3 m in hole TA17-067, drilled approximately
200 m up dip of the West Porphyry Deposit.
Surface drilling by the Company on the Taylor
property, is actively testing for mineralized extensions along
strike to the east of the Shaft Deposit and up dip and at depth
below the West Porphyry Deposit. Drilling east of the Shaft Deposit
continued to intersect high-grade gold mineralization along the
PDF, with hole TA17-086 intersecting 8.6 g/t Au over 5.7
m and hole TA17-57 intersecting 25.0 g/t Au over
1.5 m. These intersections are located approximately
900 m and 1000 m east of the Shaft Deposit, respectively. In
addition, among the assay intercepts released are the deepest drill
results to date on the property, with TA17-092 and TA17-092W2
intersecting 7.8 g/t over 1.0 m and 15.8
g/t Au over 2.0 m, respectively, up to 1,000 m from
surface below the West Porphyry Deposit and approximately 700 m
below the current mine infrastructure. The drilling is testing
multiple targets including the 1004 and 1003 zones, and testing for
other mineralized zones on the property. These recent assay
intercepts confirm that mineral deposits at Taylor are part of a
larger deeper mineralized system, which remains open both along
strike and to depth.
Surface drilling is on-going with three drills
following up on the most recent high-grade results.
Underground Drilling
Recent underground exploration results from the
430 m level highlight the potential to add resources below the
current workings of the mine. This deep drilling program has been
targeting the potential repetition of shallow dipping mineralized
structures as found in the West Porphyry Deposit in addition to the
apparent westerly down plunge of Shaft Deposit mineralization (see
Figures 3 and 4).
Highlights of the results include:
- 46.7 g/t Au over 9.6 m (22.7 g/t cut) containing numerous
visible-gold stringers, including 68.3 g/t Au over 6.0 m (30.0 g/t
cut), 89.2 g/t Au over 1.0 m (30.0 g/t cut) and 140.2 g/t Au over
1.0 m (30.0 g/t cut) in hole T430-033, drilled approximately 350 m
below existing workings and known mineralization in the West
Porphyry Deposit
- 4.7 g/t Au over 2.0 m in hole T430-056, drilled approximately
75 m up dip of the listed intercepts in hole T430-033
- 43.8 g/t Au over 3.8 m (22.1 g/t cut), including 47.9 g/t Au
over 1.3 m (30.0 g/t cut) and 69.3 g/t Au over 1.5 m (30.0 g/t cut)
in hole T90-119, drilled approximately 100 m east of the West
Porphyry Deposit.
Drillhole T430-033 followed up on a previously
reported hole, T450-012, which intercepted 85.0 g/t Au over 0.5 m
associated with a single milky quartz vein containing visible gold
hosted along an ultramafic-mafic contact. The 68.3 g/t Au
over 6.0 m intercept noted in hole T430-033 occurs 780 m
below surface, 415 m down dip (54 degrees) of 430 Level, and 75 m
down dip from the T450-012 intercept. Both of the T450-012 and
T430-033 intercepts are located in the footwall block of an
east-striking, post-mineralization gouge fault that also contains
the Inferred Mineral Resources of the 1003 Zone. The first 6.0 m of
the 46.7 g/t Au over 9.6 m intersection appear to
be a highly silicified mafic volcanic rock and contain at least two
generations of quartz and quartz-carbonate veins 2 mm to 100 mm in
width, hosting blebs and stringers of visible gold 1 mm to 10 mm in
size. Quartz veining is oriented between 40 to 90 degrees relative
to the core axis. The last 3 m of the intercept contain up to 8%
pyrite stringers and blebs with less prominent quartz veining and
minor visible gold. A well-veined brown carbonate unit followed by
a very abrupt sandy gouge fault contact was noted immediately
following the mineralized zone.
Hole T430-056 was recently drilled from the same
location at a steeper dip in order to intercept potential
flat-lying structures associated with the 46.7 g/t Au over
9.6 m intercept in hole T430-033. A quartz vein containing
a single spec of visible gold 0.5 mm along a mafic-ultramafic
contact assayed 4.72 g/t Au over 2.0 m, which lies approximately 75
m up dip (30 degrees) of the significant T430-033 intercept. True
widths associated with these intercepts are currently unknown, as
there is no historic drilling below this horizon.
The 43.8 g/t Au over 3.8 m
intercept in hole T90-119 is a continuation of the mineralization
that was identified earlier in the year. The area of mineralization
itself is situated in a ~75.0 m wide corridor between two large
NE-SW trending diabase dikes. These dikes separate the Shaft
Deposit and the 1004 Zone of the West Porphyry Deposit.
Mineralization is associated with quartz veins that formed within a
moderately carbonate altered unit that is proximal to felsic
intrusive dikes. Follow up drilling will continue to test
this prospective corridor.
Taylor Mine Geology
The Taylor Mine is located along the PDF, a
major structural feature, striking roughly east-west, dipping to
the south between 40° to 60° south and globally associated with
gold mineralization. Geologically, the Taylor property can be
generalized from south to north as 1) mafic volcanic rocks of the
Vipond Formation, which are relatively undeformed and unaltered; 2)
ultramafic and mafic volcanic rocks of the Hersey Lake Formation,
which are increasingly deformed and carbonate-altered in the
vicinity of structurally emplaced lenses of Porcupine sedimentary
rocks and felsic to intermediate porphyritic intrusions; 3)
Porcupine assemblage greywacke-siltstone, which are interpreted to
represent the footwall of the PDF on the Taylor property and a
structural unconformity with the older, overlying mafic and
ultramafic assemblage. The entire sequence is crosscut by a swarm
of northeast-striking Matachewan diabase dikes.
Known gold mineralization at Taylor is located
within the PDF and is primarily associated with the Hersey Lake
Formation. Four mineralized deposits have been identified over a
strike length of 2 km. From east to west these are: the near
surface Shaft Deposit, with gold mineralization associated with
felsic intrusive dikes; the East and West Porphyry deposits,
comprised of a system of stacked vein systems (e.g. 1004, 1003),
with the gold mineralization associated with quartz veins developed
on the margins of felsic intrusive, sedimentary and
carbonate-altered mafic ultramafic rocks; and the near-surface
Shoot Deposit, with gold mineralization hosted by argillaceous
metasedimentary rocks within a package of carbonate-altered
ultramafic rocks. Gold commonly occurs as relatively
coarse-sized free gold in quartz, but also occurs as finely
disseminated particles, which may be intimately associated with
sulphides both in quartz-carbonate veins and in surrounding altered
host rocks.
To view a PDF of the tables and figures
referenced in this News Release, visit the links below. All tables
are also provided at the bottom of this News Release.
Tables
- http://resource.globenewswire.com/Resource/Download/33451bb7-c50a-473b-bf60-5099cc9cafd9
Figure 1: Longitudinal View – Surface
Exploration – Upper West Porphyry
Deposit - http://www.globenewswire.com/NewsRoom/AttachmentNg/6b349e35-5d15-4de3-a898-e03930929e95
Figure 2: Longitudinal View – Exploration
Results East of Shaft Deposit (Looking
North) - http://www.globenewswire.com/NewsRoom/AttachmentNg/72b7a119-be94-4afe-b5e3-9b45c063a961
Figure 3: Cross-section – Exploration
Results Below West Porphyry Deposit (Looking
West) - http://www.globenewswire.com/NewsRoom/AttachmentNg/a0145c02-9090-444e-b9f5-c8cdc15860f5
Figure 4: Longitudinal View – Drill
Results Below West Porphyry Deposit (Looking
North) - http://www.globenewswire.com/NewsRoom/AttachmentNg/699678c2-4184-40ba-8291-8f582e8d5d8d
Qualified Person
David Schonfeldt, P. Geo, Exploration Manager,
KL North, is a "qualified person" as such term is defined in
National Instrument 43-101 and has reviewed and approved the
scientific and technical information included in this News
Release.
QA / QC Controls
The Company has implemented a quality assurance
and control (QA/QC) program to ensure sampling and analysis of all
exploration work is conducted in accordance with the best possible
practices. The drill core is sawn in half with one half of the core
sample shipped to SGS Laboratories located in Cochrane, ON or
Swastika Laboratories situated in Swastika, ON, or to Bureau
Veritas Laboratories located in Timmins, ON, or to AGAT
Laboratories located in Timmins, ON. The other half of the core is
retained for future assay verification. Other QA/QC measures
includes the insertion of certified reference standards and blanks
into the sample stream, and the regular re-assaying of pulps and
rejects at alternate certified labs. Gold analysis is conducted by
fire assay using atomic absorption or gravimetric finish. The
laboratory re-assays at least 10% of all samples and additional
checks may be run on anomalous values.
About Kirkland Lake Gold
Ltd.
Kirkland Lake Gold Ltd. is a mid-tier gold
producer with 2017 production targeted at 580,000 – 595,000 ounces
of gold from mines in Canada and Australia. The production profile
of the company is anchored from two high-grade, low-cost
operations, including the Macassa Mine located in Northeastern
Ontario and the Fosterville Mine located in the state of Victoria,
Australia. Kirkland Lake Gold's solid base of quality assets is
complemented by district scale exploration potential, supported by
a strong financial position with extensive management and
operational expertise.
Cautionary Note Regarding
Forward-Looking Information
This press release contains statements which
constitute “forward-looking information” within the meaning of
applicable securities laws, including statements regarding the
plans, intentions, beliefs and current expectations of Kirkland
Lake Gold with respect to future business activities and operating
performance. Forward-looking information is often identified by the
words “may”, “would”, “could”, “should”, “will”, “intend”, “plan”,
“anticipate”, “believe”, “estimate”, “expect” or similar
expressions and include information regarding: (i) planned
exploration activities at the Taylor Mine and the anticipated
results thereof; and (ii) the ability to expand resource potential
at the Taylor Mine.
Investors are cautioned that forward-looking
information is not based on historical facts but instead reflect
the Company's management's expectations, estimates or projections
concerning future results or events based on the opinions,
assumptions and estimates of management considered reasonable at
the date the statements are made. Although Kirkland Lake Gold
believes that the expectations reflected in such forward-looking
information are reasonable, such information involves risks and
uncertainties, and undue reliance should not be placed on such
information, as unknown or unpredictable factors could have
material adverse effects on future results, performance or
achievements of the combined company. Among the key factors that
could cause actual results to differ materially from those
projected in the forward-looking information are the following: the
future development of the Taylor Mine and development of the WPZ
area; the addition of mineral resources and reserves at the East
and West Porphyry deposits and the anticipated effects thereof;
anticipated release date of future drill results from the Taylor
Property; the future development of the Company’s Canadian and
Australian operations, the ability to realize synergies and cost
savings; the potential impact on exploration activities; the
potential impact on relationships, including with regulatory
bodies, employees, suppliers, customers and competitors; the
re-rating potential following the consummation of the merger;
changes in general economic, business and political conditions,
including changes in the financial markets; changes in applicable
laws; and compliance with extensive government regulation. This
forward-looking information may be affected by risks and
uncertainties in the business of Kirkland Lake Gold and market
conditions. This information is qualified in its entirety by
cautionary statements and risk factor disclosure contained in
filings made by Kirkland Lake Gold, including Kirkland Lake Gold's
annual information form dated December 31, 2016, financial
statements and related MD&A for the third quarter ended
September30, 2017 and the interim financial reports and related
MD&A for the period ended September 30, 2017 filed with the
securities regulatory authorities in certain provinces of Canada
and available at www.sedar.com.
Should one or more of these risks or
uncertainties materialize, or should assumptions underlying the
forward-looking information prove incorrect, actual results may
vary materially from those described herein as intended, planned,
anticipated, believed, estimated or expected. Although Kirkland
Lake Gold has attempted to identify important risks, uncertainties
and factors which could cause actual results to differ materially,
there may be others that cause results not to be as anticipated,
estimated or intended. Kirkland Lake Gold does not intend, and do
not assume any obligation, to update this forward-looking
information except as otherwise required by applicable law.
For more information, please contact:
Anthony Makuch, President, Chief Executive
Officer & DirectorPhone: +1 416-840-7884E-mail:
tmakuch@klgold.com
Mark Utting, Vice President, Investor
RelationsPhone: +1 416-840-7884, 6205E-mail:
mutting@klgold.comWebsite: www.klgold.com
Reported intercepts are core lengths, with
higher grade assays cut to 30 g/t Au. True widths have not been
determined at this time. See Tables 1 and 2 provided below for
detailed information regarding both the surface and underground
assay results.
Table 1: TAYLOR EXPLORATION - SURFACE ASSAY
RESULTS
Drill
Hole |
Target |
Easting |
Northing |
Azimuth (°) |
Dip |
From (m) |
To (m) |
Core Length (m) |
Assay Au (g/t) |
*Grade (g/t) *Capped 30 g/t |
TA17-045 |
Taylor East |
528879 |
5379346 |
357 |
-50 |
48.0 |
49.5 |
1.5 |
2.1 |
|
TA17-046 |
Taylor East |
528879 |
5379346 |
355 |
-65 |
36.9 |
39.1 |
2.2 |
15.1 |
|
And |
|
|
|
|
|
49.5 |
51.0 |
1.5 |
11.8 |
|
TA17-046A |
Taylor East |
528879 |
5379346 |
355 |
-65 |
33.0 |
34.5 |
1.5 |
16.2 |
|
And |
|
|
|
|
|
45.0 |
48.0 |
3.0 |
2.4 |
|
TA17-047 |
Taylor East |
528993 |
5379344 |
355 |
-50 |
74.0 |
76.0 |
2.0 |
7.3 |
|
Including |
|
|
|
|
|
75.0 |
76.0 |
1.0 |
13.4 |
|
TA17-048 |
Taylor East |
529303 |
5379128 |
350 |
-60 |
367.0 |
368.2 |
1.2 |
5.4 |
|
And |
|
|
|
|
|
381.3 |
383.3 |
2.0 |
2.1 |
|
TA17-049 |
Taylor East |
528993 |
5379344 |
355 |
-65 |
63.5 |
68.0 |
4.5 |
2.0 |
|
Including |
|
|
|
|
|
66.5 |
68.0 |
1.5 |
4.7 |
|
TA17-050 |
Taylor East |
529520 |
5379114 |
350 |
-55 |
320.7 |
321.5 |
0.8 |
1.6 |
|
TA17-053 |
Taylor East |
529270 |
5379116 |
350 |
-55 |
130.0 |
132.0 |
2.0 |
7.3 |
|
TA17-055 |
Taylor East |
529520 |
5379114 |
350 |
-63 |
355.8 |
366.8 |
11.0 |
1.6 |
|
Including |
|
|
|
|
|
355.8 |
357.6 |
1.8 |
5.0 |
|
TA17-056 |
Taylor East |
529270 |
5379116 |
350 |
-63 |
138.0 |
141.0 |
3.0 |
2.9 |
|
And |
|
|
|
|
|
161.0 |
162.5 |
1.5 |
4.6 |
|
TA17-057 |
Taylor East |
529577 |
5379048 |
350 |
-55 |
334.5 |
336.0 |
1.5 |
25.0 |
|
And |
|
|
|
|
|
420.0 |
421.3 |
1.3 |
5.1 |
|
TA17-058 |
Taylor East |
529272 |
5379130 |
350 |
-70 |
245.0 |
247.5 |
2.5 |
5.7 |
|
TA17-060 |
Taylor East |
529577 |
5379048 |
350 |
-63 |
444.0 |
445.0 |
1.0 |
1.5 |
|
TA17-062 |
Taylor East |
529326 |
5379063 |
350 |
-55 |
276.6 |
279.5 |
2.9 |
1.6 |
|
TA17-064 |
Taylor East |
529577 |
5379048 |
350 |
-70 |
408.5 |
410.0 |
1.5 |
3.7 |
|
And |
|
|
|
|
|
490.0 |
493.0 |
3.0 |
1.6 |
|
TA17-070 |
Taylor East |
529306 |
5379063 |
350 |
-63 |
226.0 |
227.0 |
1.0 |
6.5 |
|
And |
|
|
|
|
|
403.5 |
405.9 |
2.4 |
2.1 |
|
TA17-071 |
Taylor East |
529326 |
5379063 |
350 |
-70 |
481.5 |
483.5 |
2.0 |
4.2 |
|
TA17-072 |
Taylor East |
529247 |
5379293 |
350 |
-45 |
101.9 |
105.9 |
4.0 |
5.5 |
|
Including |
|
|
|
|
|
101.9 |
102.9 |
1.0 |
19.6 |
|
And |
|
|
|
|
|
194.9 |
197.3 |
2.4 |
7.1 |
|
Including |
|
|
|
|
|
195.8 |
196.7 |
0.9 |
15.9 |
|
TA17-074 |
Taylor East |
529247 |
5379293 |
350 |
-65 |
80.5 |
82.0 |
1.5 |
5.5 |
|
TA17-075 |
Taylor East |
529247 |
5379293 |
350 |
-75 |
76.0 |
77.5 |
1.5 |
22.7 |
|
TA17-076 |
Taylor East |
529305 |
5379293 |
350 |
-45 |
112.3 |
114.7 |
2.4 |
5.2 |
|
And |
|
|
|
|
|
191.2 |
192.0 |
0.8 |
9.6 |
|
TA17-077 |
Taylor East |
529305 |
5379293 |
350 |
-55 |
60.9 |
62.4 |
1.5 |
3.4 |
|
TA17-078 |
Taylor East |
529305 |
5379293 |
350 |
-65 |
145.9 |
147.4 |
1.5 |
1.2 |
|
TA17-080 |
Taylor East |
529476 |
5379147 |
350 |
-55 |
295.1 |
297.0 |
1.2 |
3.9 |
|
TA17-081 |
Taylor East |
529476 |
5379147 |
350 |
-63 |
324.2 |
325.1 |
0.9 |
3.8 |
|
TA17-086 |
Taylor East |
529420 |
5379046 |
350 |
-63 |
329.9 |
332.0 |
2.1 |
2.8 |
|
And |
|
|
|
|
|
336.4 |
342.1 |
5.7 |
8.6 |
|
TA17-088 |
Taylor East |
529458 |
5379049 |
350 |
-58 |
326.6 |
330.0 |
3.4 |
3.4 |
|
TA17-089A |
Taylor East |
529458 |
5379049 |
350 |
-65 |
224.2 |
225.0 |
0.8 |
3.2 |
|
TA17-112 |
Taylor East |
529179 |
5379222 |
350 |
-60 |
276.0 |
277.0 |
1.0 |
2.5 |
|
TA17-065 |
1003 Zone |
527580 |
5379184 |
340 |
-55 |
273.3 |
274.8 |
1.5 |
36.5 |
30.0 |
TA17-066 |
1003 Zone |
527616 |
5379181 |
340 |
-55 |
270.0 |
271.0 |
1.0 |
3.4 |
|
And |
|
|
|
|
|
299.3 |
300.1 |
0.8 |
5.6 |
|
TA17-091 |
1003 Zone |
527625 |
5379105 |
340 |
-55 |
374.5 |
376.0 |
1.5 |
3.2 |
|
TA17-059 |
Upper WPZ |
527561 |
5379234 |
340 |
-50 |
88.5 |
90.0 |
1.5 |
3.3 |
|
TA17-061 |
Upper WPZ |
527588 |
5379276 |
340 |
-55 |
79.0 |
80.5 |
1.5 |
3.0 |
|
TA17-063 |
Upper WPZ |
527611 |
5379230 |
340 |
-55 |
103.4 |
104.8 |
1.5 |
15.9 |
|
TA17-065 |
Upper WPZ |
527580 |
5379184 |
340 |
-55 |
96.3 |
97.8 |
1.5 |
5.4 |
|
And |
|
|
|
|
|
128.7 |
130.2 |
1.5 |
4.1 |
|
TA17-067 |
Upper WPZ |
527516 |
5379180 |
340 |
-55 |
86.1 |
88.4 |
2.3 |
14.4 |
|
TA17-069 |
Upper WPZ |
527593 |
5379147 |
340 |
-55 |
120.0 |
128.3 |
8.3 |
1.0 |
|
TA17-090 |
Upper WPZ |
527640 |
5379145 |
340 |
-55 |
42.6 |
44.0 |
1.4 |
13.1 |
|
And |
|
|
|
|
|
47.7 |
48.5 |
0.8 |
9.0 |
|
TA17-054 |
Taylor Deep |
528226 |
5378674 |
23 |
-70 |
621.8 |
622.5 |
0.7 |
1.3 |
|
TA17-092 |
Taylor Deep |
527753 |
5378034 |
340 |
-75 |
1180.3 |
1181.3 |
1.0 |
7.8 |
|
TA17-092W2 |
Taylor Deep |
527753 |
5378034 |
340 |
-75 |
1177.0 |
1179.0 |
2.0 |
15.8 |
14.9 |
Note: Taylor high grade assays
are capped at 30 g/t Au. True widths have not been determined at
this time.
Table 2: TAYLOR EXPLORATION –
UNDERGROUND ASSAY RESULTS
Hole ID |
Easting |
Northing |
Azimuth (°) |
Dip |
From (m) |
To (m) |
Core Length (m) |
Grade (g/t) |
*Grade (g/t) Capped 30 g/t |
T90-119 |
528239 |
5379253 |
156 |
-76 |
138 |
141.8 |
3.8 |
43.8 |
22.1 |
including |
|
|
|
|
138 |
139.3 |
1.3 |
47.9 |
30.0 |
including |
|
|
|
|
140.3 |
141.8 |
1.5 |
69.3 |
30.0 |
T430-033 |
528207 |
5378978 |
201 |
-65 |
400.3 |
409.9 |
9.6 |
46.7 |
22.7 |
including |
|
|
|
|
401.3 |
407.3 |
6.0 |
68.3 |
30.0 |
including |
|
|
|
|
401.3 |
402.3 |
1.0 |
89.2, VG |
30.0 |
including |
|
|
|
|
405.3 |
406.3 |
1.0 |
140.2, VG |
30.0 |
T430-034A |
528207 |
5378978 |
201 |
-76 |
301.2 |
302.2 |
1.0 |
5.2 |
|
T430-054W1 |
528208 |
5378980 |
203 |
-62 |
471.3 |
471.7 |
0.4 |
4.2, VG |
|
T430-056 |
528208 |
5378980 |
203 |
-72 |
347.1 |
349.1 |
2.0 |
4.7, VG |
|
|
|
|
|
|
|
|
VG=visible gold observed |
|
|
Note: Taylor high grade assays
are capped at 30 g/t Au. True widths have not been determined at
this time.
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