GREY:CPLJF - Post by User
Post by
mikey123on Feb 23, 2007 12:48pm
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Post# 12298259
News
NewsTri-Gold drills 5.5 m of 1.14 g/t Au at Big Duck Lake
2007-02-23 12:45 ET - News Release
Mr. Barry Coughlan reports
Tri-Gold Resources Corp. has received final drilling results from the recently completed fall-winter drilling program conducted at the Big Duck Lake (Hemlo West) property located north of Terrace Bay, Ontario. The drilling program was run by Equity Engineering of Vancouver, B.C., and comprised the drilling of 17 diamond drill holes totalling 3,485 metres, numbered BD06-08 to BD06-23. The Big Duck Lake property hosts a Au-Cu-Mo-Zn-bearing network of east-northeast-trending shear zones which span the length of the property, and which host a small historical resource at the Coco-Estelle prospect. Mineralization occurs along the northern margin of a quartz porphyritic felsic intrusion, often associated with felsic fragmental rocks, in a setting comparable to the Hemlo deposits located in eastern parts of the Schreiber-Hemlo greenstone belt that also hosts Big Duck Lake.
The drilling program follows up a summer 2006 program of mapping and trenching in which new targets were identified on the property along the shear zone network, in bifurcations, bends and areas of widening of the shear zone. Several of the areas selected for drilling represent new targets, while other holes follow up on historical drill hole intercepts and chargeability anomalies identified from an IP survey conducted in 2005. All analyses were performed at Accurassay Laboratories of Thunder Bay, Ont., with gold analyzed by fire assay, and other metals by ICP.