I'm still waiting on hearing more about this Bourgo Zone... It is near Shawkey but is also referenced at Pres'qile... so im intrigued to hear more... why have we heard nothing but crickets when Duncan said this zone is exciting and yet no results have been released? Does this zone go below the key "transition Zone" where Kiena had a dramatic jump in grades.... Do we have an elephant in the room that nobody is talking about?
Nov 11/22 - On Q3 2021 conference call Mike Michaud said...
The drilling in the Shawkey area discovered a new zone called Bourgo which is perpendicular to the general northwest-southeast trend. It consists of quartz veins with a similar north trend in orientation of the nearby Kiena Deep A Zones. Any near-mine resource has the potential to add additional mill feed. Ryan Walker query...
Hi, guys. Just back to the drilling. So you had fairly aggressive or very aggressive programs planned for both mines, where would you say you are in the grand scheme of thing relative to the initial goals? And then, I guess what's in the hopper essentially for results yet to come out there in the lab and we've heard from everyone in their own call that lab delays are pretty extensive right now?
Mike Michaud answer...
Yeah. We're certainly -- we've done well with surface drilling I would say, over the last few months at -- both Eagle and Kiena. That's why we're able to extend Presqu'ile in that new Bourgo Zone. So we're happy about that. Ryan Walker follow up question...
Okay, great. And then just in terms of -- is there stuff in the lab now that we'll see over the next several weeks in the interim?
Duncan Middlemiss
Yeah. We've had some results back from the Kiena footwall zone. So we might be making a release on that later, maybe before Christmas. Certainly we have some hits to Eagle that we want to probably get out there within the next few weeks here as well. But yeah, we do have some results coming. And I think with the slow part we went through in the summer with the drilling problems, I think that that's getting corrected now. So, we'll have more steadier news flow as we go forward here.
March 11/22 - On Q4 2021 conference call Mike Michaud commented....
On surface, a new zone called Bourgo was discovered earlier this year. And this appears to be perpendicular to the general Northwest Southeast trend of the region. It consists of port veins with very low sulfide content hosted in units.
The northern orientation is similar to that of the orientation of the nearby Kiena Deep A Zones. So as you can imagine, drilling is planned to further understand this area throughout the year.