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Douglas Lake Minerals Inc DLKM



GREY:DLKM - Post by User

Comment by AU_NBon Nov 15, 2011 5:01pm
255 Views
Post# 19239550

RE: Magambazi Drill update

RE: Magambazi Drill updateThanks Yukon. I found this paragraph to be encouraging:

"Douglas Lake is currently in the process of evaluating and prioritizing drill positions surrounding Magambazi-East to try and extend the length of the currently defined 340 meter target zone. Several of these drill positions are considered to have high potential due to a combination of soil geochemical anomalies, high chargeability zones and surface outcrops of the geological units associated with gold mineralisation. Hole number MZD_12 is currently being drilled on the first of these targets. Following this phase the remainder of the available 5000 meter will be used to infill drill the main mineralization zone between MZD_01 and MZD_10 in order to better understand the concentration and distribution of gold mineralisation (Fig.2)."

From Figure 2, it can be seen that MZD 12 is more than 1500 meters extended from the limit of the Cananco property. It would seem to appear that Scheepers also is focusing in on the area around MZD_01, which has already reported assay results: "Potential mineralized zones with thicknesses of 59.1 meters and 65.8meters, respectively, were intersected within less than 37 meters fromsurface in both drill holes. Anomalous gold was encountered in MZD-01over a 10 meter thick zone, within 33.5 to 43.5 meters, with singlevalues of up to 26 g/t and 12.3 g/t in 0.5 meter sampled intersections." https://www.douglaslakeminerals.com/investors/news-2011/douglas-lake-intersects-numerous-gold-bearing-zones-including-visible-gold-during-the-first-phase-of-drilling-at-magambazi-and-kwandege-targets/
https://media3.marketwire.com/docs/DLMFigure2.jpg
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