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Wednesday, 5th March 2008 (4228 views)

A "massive" sulphide zone has been intersected by the first surface diamond drilling at the Aldermac property in Quebec, the company behind the project has said.

Abcourt Mines said the property was known to have historical ore reserves, but as records of them are either lost or incomplete, the company had to set about locating and defining old underground openings.

Drilling was then used to assess and validate the historical zones, as well as trying to discover new mineralisation.

Abcourt said one of the holes, drilled 270 metres east of the property's 496-metre shaft, intersected a "wide zone of massive sulphides".

The zone stretches from a depth of 256.03 metres to 279.50 metres and includes gold grades of 0.216 g/t. Silver, copper, zinc and cobalt were also detected.

Another three holes were drilled to outline the shaft pillar. The first of these intersected a 2.5-metre wide zone at 139.50 metres that included 0.16 g/t gold. Once again, silver, copper, zinc and cobalt values were also returned from the hole.

The Aldermac property is one of a number of properties Abcourt has an interest in within Quebec. The others include the Elder gold mine, the Tagami gold property and the Abcourt-Barvue mine at Barrute, north of Val D'Or.

 

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