Monarques drills 0.6 m of 46.6 g/t gold at Croinor
2017-02-02 09:58 ET - Mr. Jean-Marc Lacoste reports:
Monarques Gold Corp. has released the latest results for the 10,000-metre drilling program carried out in 2016 on its Croinor gold deposit, 70 kilometres east of Val d'Or, Que. The corporation is still awaiting the assay results for the last two exploration holes drilled in the Gold Bug area.
Hole CR-16-515 returned two mineralized intersections, one grading 6.74 grams per tonne (g/t) gold over 2.1 metres, including 24.7 g/t gold over 0.5 metre, and the other grading 11.91 g/t gold over 2.8 metres, including 46.6 g/t gold over 0.6 metre. The hole was drilled on section 490W and intersected the two veins at 133 and 150 vertical metres, enabling Monarques to increase its indicated resource and thus achieve the second objective of its Croinor gold drilling program. The reported lengths are core lengths, as the true lengths cannot be estimated. High grades were cut to 70 g/t gold, the same grade used in the Croinor gold deposit resource estimate.
- Published: 03 February 2017
- Written by Editor