Comments from Seema on today's releaseNice summary below from Seema.
Good morning,
We reported
results from
55 new holes from the 2022 drill program on the Pascalis deposit this morning (see attached NR).
Here are the main highlights:
- Infill drilling intersected high-grade gold zones grading up to
- to 198 g/t Au over 1.0 metre,
- 60.2 g/t Au over 1 metre and
- 3.2 g/t Au over 20.7 metres including 59.7 g/t Au over 1.0 metre.
good continuity in mineralization - Expansion drilling returned high grade intercepts grading up to
- 159.0 g/t Au over 1.0 metre,
- 34.8 g/t Au over 2.0 metres and
- 14.2 g/t Au over 1.8 metres.
all near-surface - Over 22,000 metres of drilling completed YTD at Novador – additional 31,000 metres pending.
- 5 drills active including (2 @ Monique), (1 @ Pascalis), (1 @ Courvan) and (1 on regional exploration).
- All the results will be included in the upcoming resource updates on the Pascalis and Courvan trend deposits expected this Spring.
Bottom line: Our deposits continue to display exceptional consistency and continuity in their mineralized zones. Currently, our primary focus is directed towards updating the mineral resource assessments for Beliveau, North, and Courvan deposits, while simultaneously advancing Novador. Our Monique project has already shown remarkable growth and conversion this year, and we eagerly anticipate the completion of our updated resource estimates this spring for Pascalis and Courvan.
Moreover, we have launched our first dedicated drill program, aimed at exploring regional discovery targets, and we expect to have results in the upcoming months. Additionally, we intend to increase our expansion and exploration programs at Novador and on our Detour project, where we have identified numerous targets, following the completion of our recently announced financing.
Please don’t hesitate to reach out with your questions.
Thanks, and have a great day!
Seema