Noront - Windfall UpdateProperty Overview
Noront Resources owns a 100% interest in the Windfall property located in Urban Township, Quebec. The property covers two adjacent claim blocks subject to some NSR’s and regulatory approvals.
The Alto Property of 33 claims encompasses an area of approximately 528 hectares (1,320 acres).
The Alcane Property of 57 claims encompasses an area of approximately 912 hectares (2,280 acres)
Historical Overview
Historical gold intersections beginning in 1998 vary considerably in width and grade. Significant gold intercepts encountered in 25 out of the first 60 diamond drill holes completed on the Windfall Lake project established 4 or 5 gold zones. Gold was encountered in all 60 holes.
The best historical NI 43-101 non-compliant drill cores are shown below:
Hole FUR-23 includes 5.41 m of 85.92 gpt Au (206.59 m to 212 m)
Hole ATO-5M1 includes 1.0 m of 382.6 gpt Au (151.5 m to 152.5 m)
Hole FUR-03-03 intercepted two zones averaging 8.90 gpt Au over 6.0 m and 10.25 gpt Au over 22.85 m.
Hole FUR-04-23 includes 5.41 m of 85.9 gpt Au (206.59 m to 212.00 m).
Hole FUR-23 AA includes 14.72 m of 8.67 gpt Au (166.21 m to 182.93 m)
Hole ATO-24 M1 includes 4.3 m of 27.74 gpt Au (257 m to 261.3 m)
Hole ATO-10 includes 12.5 m of 8.7 gpt Au (38.5 m to 51 m)
Highlights of 2006 Drilling Program
The fall 2006 drilling program on the 800 m by 800 m area of gold mineralization has been completed with 12 drill holes totalling 3297.9 meters. The holes tested the mineralized gold zones previously discovered.
Only three of the drill cores showed no significant gold mineralization and one was stopped at 23.0 m due to excessive deviation. The two most significant drill cores (considering both grade and length) are presented below.
Hole NOT-06-100 encountered three significant zones of gold mineralization. The best covered 4.80 m at a depth from 119.60 m to 124.40 m. It consisted of six individual split core samples, two of which contained visible gold. Each of these latter six samples was assayed twice (using two split/separate pulps of the same sample) with the normal fire assay method and a third time (a third split/separate pulp of the same sample) with a metallic screen test. The assayed, weighted average of the three assay tests for the six individual samples over the 4.80 m were; 1792.9 gpt and 800.1 gpt from the fire assays and 1327.9 gpt for the metallic screening assay.
Hole NOT-06-83 included several sections of gold mineralization from 227.2 m to 403.9 m. The best of these intersections were 14.40 m of 27.3 gpt Au from 279.2 m to 293.60 m and 1.10 m of 307.9 gpt Au from 297.20 m to 280.30 m.
Highlights of 2005 Drilling Program
2005 saw many significant drill results, including some significant near-surface deposits.
Hole NOT-05-81 found gold between 350.40 to 366.60 m (16.20 m). The first 1.05 m and last 3.45 m contained significant gold values averaging 10.5 gpt and 33.4 gpt respectively.
Hole NOT-05-82, located 40.0 m west of hole NOT-05-81 also intersected two sections with significant gold values from 315.70 to 318.60 m (2.90 m) and from 340.90 to 342.45 m (1.55 m). Respectively the average gold content for the latter two sections were 61.6 gpt and 23.4 gpt.
Hole NOT-05-79 located 20 m southwest of NOT-04-27 returned 11.3 gpt across a core width of 6.8 m (378.8 m to 385.6 m).
Hole NOT-05-75 intersected a gold zone from 176.10 m to 180.20 m assaying 54.7 gpt across the 4.10 m drill core interval.
Hole NOT-05-73 intersected visible gold, averaging 698.0 gpt Au over the first 0.95 m section from 355.05 to 368.75 m. The last 1.90 m averaged 8.1 gpt Au.
Hole NOT-05-65 intersected near surface gold from 34.40 m to 36.70 m (2.30 m) averaging 21.7 gpt Au.
Hole NOT-05-54 intersected near surface gold from 40.30 m to 45.20 m (4.90 m) and 41.00 m to 43.90 m (2.90 m) averaging 18.6 gpt Au and 30.9 gpt Au respectively.
Highlights of 2004 Drilling Program
Hole NOT-04-29, from 181.80 m to 186.0 m returned 4.20 m averaging 10.58 gpt Au consisting of seven split core samples ranging from 1.40 gpt to 43.20 gpt.
Hole NOT-04-30, from 165.0 m to 168.35 m returned 3.35 m averaging 6.79 gpt Au consisting of four split core samples ranging from 1.70 gpt to 18.33 gpt.
First Quarter Projections
Results to date warrant continuing exploration to assess the economic potential of the property close to surface by attempting to establish sufficient reserves for narrow, high grade mining or wide, low grade reserves for bulk mining.
A new diamond drill program will better delineate the high grade zones to establish a NI 43-101 compliant reportable gold resource. It consists of a series of short, closely spaced holes expected to begin February 1st, 2007. The intent is to secure financing for an underground exploration program by way of a 600 m ramp into the gold mineralization.
Construction of this exploration ramp will commence as soon as further engineering studies and environmental permitting are completed.
This new exploration ramp is intended to outline, sample and bulk sample the gold zones known to the company at the present time and should be completed in the year 2007.
Published originally on Dollardaze.org on Feb 1, 2007.