According to the company, each of the drill targets possess surface geochemistry remarkably similar to the original high-grade ore shoot
that, during LKA's ownership, yielded over 141,000 ounces from an area measuring less than 10,000 square feet.
5 ounce of gold per tonne, while another projects a shorter ore shoot
with a steeply dipping fault at 55,000 tonnes grading one ounce of gold or better to the tonne, Coutu said.
An additional ore shoot
of potentially similar dimensions containing high grade gold and silver has also been located 250 meters along strike from the primary workings" said Robert Brown, President and CEO of Calibre.
The company vice-president, mining operations, Philip Ng, said, 'These intercepts being reported today continue to better define our high grade 2c ore shoot
at Seabee Deep.
By the end of September, a camp had been built and surface trenching had uncovered an ore shoot
that averaged 10.
Initial stoping on the vein has identified an ore shoot
241 feet (73.
Only limited exploration was undertaken previously at the northern and north-western extensions of the Cameron Gold Deposit, as previous owners had focused on developing an underground mine to exploit the main high-grade plunging ore shoot
at the Cameron Gold Deposit.
The Divisadero property hosts the Carolina ore shoot
, where mining prior to 1920, and again for a limited time in the late 1970's, focused on a bonanza vein 100 meters long, averaging 8 meters wide, with reported grades of approximately 18 grams/ton gold and 1080 grams/ton silver.
This ore shoot
has now been intersected by 11 drill holes (numbers DSDH-1, 3, 8, 9, 11, 12, 13, 14, 16, 17, and 18).
The total down dip mineralization of the Texas Ore Shoot
has been identified over some 750+ feet from the surface to the Sonneman Level.
In many cases, the position of the ore shoot
had to be modified, as with the old drilling.
Results of the study have revealed several potential gold-bearing ore shoot
targets at structural intersections between the three past-productive veins in the district.