Triangle Could be Another SigmaThey're drill a 2000 meter hole into the Lamaque Deep with wedges. They should do the same for Triangle. They've already found gold down to 1,700 meters. Triangle could be over 5 million ounces by the time all the drilling is done:
Discovery of New C-Type Structures at Depth Assay results from the first deep drill hole at Triangle are highly encouraging, as they demonstrate the potential for further deep gold discoveries. Deep drilling has confirmed both the presence of gold and the continuity of the mineralized system to a vertical depth of over 1,400 m. During the 2015 fall campaign, one drill hole, TM-15-038, collared in the center of the deposit (on section 296375 m East) and south of the Triangle intrusive, was extended to a down hole depth of 2,016 m (approximately 1,700 m vertical). At its final depth, the drill hole had deviated, as expected, and traversed the Triangle intrusive host rock, terminating 300 m east of its starting collar. The objective of this drill hole was to test the potential for gold mineralization in the footwall and within the intrusive host rock to a depth of 1,800 m vertical. Mineralization at the adjacent Sigma Mine extended to 1,800 m and beyond. This deep drill hole intersected multiple horizons of horizontal to steeply dipping quartz-tourmaline-pyrite veining, the typical host for gold mineralization at Triangle, with local C type shear zones identified to down hole depths of up to 1,695 m (approximately 1,425m vertical). Below down hole depths of 1,100 m, and within the intrusive host, horizontal flat lying quartz veining appears to dominate resembling the gold-bearing mineralization assemblages at the adjacent No. 4 Plug deposit. Multiple anomalous gold mineralized intervals were encountered (23 in total), with reported grades varying from of 1.04 g/t to 15.58 g/t Au. Down hole thicknesses varied from 0.5 to 5.8 m throughout the deeper part of the hole below a down hole depth of 1,100 m (i.e. structurally below the interpreted C6 structure - see link to complete assay table for details). These intercepts clearly demonstrate the potential for further gold bearing horizons to occur at considerable vertical depths, outside of the existing resource boundaries. The new gold bearing intervals reported show geological characteristics typical of the steeply dipping C type structures and are presented in the table below. C Type Mineralized Structures in Hole TM-15-038
| Drill Hole | From
(m) | To
(m) | Interval
(m)* | Gold
Assay (g/t)** |
| TM-15-038 | 1248.00
1260.00
1269.40
1694.30 | 1253.80
1260.50
1273.60
1695.50 | 5.80
0.50
4.20
1.20 | 15.68
14.01
8.14
6.43 |
One additional drill hole, TM-15-074 located 100 m to the west of hole TM-15-038, is currently being extended to a similar depth to test the potential for lateral extensions of the newly identified C-type gold bearing structures.