- Write by:
-
Wednesday, January 23, 2019 - 9:55:20 AM
-
644 Visit
-
Print
Mining News Pro - Vancouver-based IDM Mining reports it has discovered a new zone – Lacasse – at its Red Mountain gold project 15 km east of Stewart. Underground drilling also targeted multiple zones for resource expansion, conversion and further exploration.
According to Mining News Pro - The Lacasse zone occurs in the hanging wall of the AV zone, and it appears to be at an oblique angle to the major mineralized zones at Red Mountain. It is named after 2018 program manager Marilyne Lacasse. Underground drilling also targeted multiple zones for resource expansion, conversion, and further exploration
Hole U18-1361 returned one of the highest grade drill holes ever completed at Red Mountain. The hole returned 65.13 g/t gold and 313.09 g/t silver over 9.82 meters. There was a higher grade interval of 1.74 meters that assayed 277.06 g/t gold and 1,442.02 g/t silver.
Hole U18-1361 also intersected the AV zone and returned 69.0 meters averaging 3.76 g/t gold and 21.60 g/t silver, including 18.5 meters averaging 9.07 g/t gold and 24.18 g/t silver.
Hole U18-1358 also cut the Lacasse zone and returned two intercepts, including 4.0 meters at 11.27 g/t gold and 24.03 g/t silver.
IDM and Ascot Resources recently entered into a definitive arrangement agreement whereby Ascot will acquire all of IDM’s common shares.
Short Link:
https://www.miningnews.ir/En/News/329235
Zimbabwe’s President Emmerson Mnangagwa has re-appointed Winston Chitando as the southern African nation’s mines ...
A new report by IDTechEx states that investing in e-haul trucks could result in major savings for miners due to the ...
Copper traded near $10,000 a ton, hitting a new two-year high on its way, as investors continue to pile in on a bet that ...
Adriatic Metals is taking over as the operator of the Rupice deposit development, which is part of the company’s Vares ...
A prefeasibility study for Predictive Discovery’s (ASX: PDI) Bankan gold project in Guinea gives it a net present value ...
Iron ore futures prices drifted higher on Thursday as the latest soft data from top consumer China triggered renewed ...
Rio Tinto said on Wednesday it is teaming up with a global venture studio and start-up investor to back the development ...
Outflows from global physically backed gold exchange traded funds (ETFs) continued for a 10th month in March, but at a ...
Australia’s Fortescue said on Monday it would form a joint venture with OCP Group to supply green hydrogen, ammonia and ...
No comments have been posted yet ...