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Alexandria Minerals Corp ALXDF

Alexandria Minerals Corp is a Canadian based gold exploration and development company. Its project consists of Orenada, Akasaba, Sleepy, Manitoba and Ontario properties together with the Other Quebec properties. It is mainly focused on exploring the cadillac break property which is located in Val-d'Or, Quebec. The cadillac break property consists of approximately 21 contiguous projects of over 460 claims, located in Bourlamaque, Louvincourt and Vaquelin Townships. The manitoba properties include


GREY:ALXDF - Post by User

Bullboard Posts
Post by production05on Apr 02, 2017 6:33am
299 Views
Post# 26064281

13 stacked (high-grade) structures at Orenada 4 (thus far)

13 stacked (high-grade) structures at Orenada 4 (thus far)This is what Orenada 4 is turning out to be. There are 13 stacked high-grade veins/structures, surrounded by lower-grade disseminated gold. The widespread disseminated gold will better enable the open pit deposit to be mined via (economies of scale type) bulk tonnage methods.

Some of the high-grade structures are now becoming well defined, while some of the lower structures could use more drilled info.

The first 4 or 5 (top level) structures appears to be quite thick, which bodes well for the early years of mining at Orenada 4. Quite often, survival of a mining operation is dependent on success of mining a deposit in the first few years after start up. Orenada 4 is demonstrating really nice results within the mineralized (high-grade) structures in top layers of the deposit.

The first map shows an east-west direction of the 13 mineralized structures. Note: The 13th structure was recently discovered and is located at depth, on the west side. You can easily locate the other 12. The longer ones run for quite a decent distance east-west. There are plenty of opportunities for them to run even further, especially the ones nearer to the surface.

The second map provides an appreciation of the north-south thickness of the high-grade veins/structures. The north-south thickness of each structure likely falls within the 20 - 40m range. The grade of these structures is 2.0 (+) g/t gold. These maps do not show grades below 2.0 g/t gold, thus the lower-grade disseminated gold ounces (surrounding all of these high-grade gold structures) are not profiled here. However, the disseminated gold from .5 - 1.9 g/t will likely also be mined (as a bulk operation, which will help lower cash cost per oz via economies of scale and help in trying to get a handle on strip ratio).

As a side note, I believe the yellow area is the Cadillac Break area. The Break seems to be about 100m wide in this area (north-south). As noted in one of my other posts, The Break appears to be about 150-200m wide when we go further to the east (about 1 km east of Orenada 2).

View looking north (shows east-west mineralized length):
https://www.marketwire.com/library/20170329-F3-gr.jpg

View looking west (shows north-south mineralized thickness):
https://www.marketwire.com/library/20170329-F1-gr.jpg

Also of note, it looks like a recent drill hole, OAX-17-090, hit high-grade gold in the 3rd, 4th, 5th, 6th and 7th stacked high-grade veins/structures - from the top.

Also, other recent Orenada drill holes provided somewhat similar types of impacts, going down.

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