Assay results from its 2014 exploration drilling program are encouraging, says Detour Gold.
The company extended its initial 8,000-metre drilling program in the Lower Detour Lake area, 6 kilometres south of the Detour Lake gold mine, to nearly 15,000 metres as a result of encouraging results and a longer winter drilling season. Detour completed 14,874 metres in 40 holes and has received assay results for all significant intersections of the program.
The company identified a significant mineralization system, called Zone 58N, highlights of which include 9.69 g/t over 30.3 metres and 11.82 g/t over 32.4 metres.
The results suggest that the grade and continuity of the gold mineralization may improve at depth.
"Confirming high-grade potential within trucking distance of the processing plant only after our second exploration drilling program and with minimal expenditures demonstrates the tremendous potential of our large land package," said Paul Martin, Detour’s president and CEO.
"Our team is excited about the prospects for success over the coming years. In the coming months, the company will complete a detailed geological and structural interpretation exercise of the Lower Detour area in preparation for the next winter drilling campaign."
Gold mineralization was also encountered in Zone 75, located 20 to 50 metres south of Zone 58N. Highlights from Zone 75 include 4.31 g/t over 7.3 metres, 10.82 g/t over 7.0 metres, and 7.41 g/t over 5.1 metres.
Detour is aiming to complete the ramp-up of its Detour Lake Mine to a long-life, large-scale open-pit operation this year.