Maple Gold completes first phase of drilling at Douay and Joutel

Deep drilling program summary and observations:

• In the Telbel mine area at Joutel, the JV drilled a total of 7343 m in three master drill holes and four successful wedge drill holes.
• All Telbel drill holes intersected broad zones of semi-massive to massive sulfide mineralisation.
• Drill hole TB-22-003 and its associated wedges intersected three mineralised zones and bottomed in mineralisation, with sphalerite observed in drill core and elevated zinc values observed via pXRF analysis at site.
• At Douay, the JV drilled a total of 5792 m in five drill holes testing beneath the Douay West, Porphyry, Central and 531 Zones, as well as one shallow NW Zone step-out hole.
• The most compelling visual core observations at Douay were in the final hole (DO-23-326X), collared near the Central Zone and extending beneath the Porphyry Zone at depth), with significant alteration, deformation, and mineralisation (abundant fine-grained pyrite) from approximately 850 m to 1400 m down-hole.

Matthew Hornor, President and CEO of Maple Gold, comments:

“Early indications from the JV’s first phase of deep drilling are encouraging, particularly at Telbel with the upper mineralised zones in TB-22-003, which are well north of the main Mine Horizon, and the fact that both TB-23-001W1 and TB-23-003W2 intersected the down-dip continuity of the sulfide-rich main Mine Horizon.

“Sphalerite is a key indicator of VMS style of mineralisation, and we look forward to the gold and multi-element assay results from these holes with the aim of vectoring towards a significant mineralised zone at depth. At Douay, we are also excited by what we’ve observed in the drill core beneath the Porphyry Zone and look forward to the assay results and valuable data that this first phase of deep drilling will generate.”

The company has completed final core splitting and has sent final sample shipments to the lab. Assay results are expected in 2Q23 and will be reported once they are vetted and interpreted. The company has identified additional targets that were previously permitted and approved for drilling at Douay, but will wait on the additional assay results and internal 3D model updates before commencing the next phases of drilling at Douay/Joutel, as any successes from the first phase of deep drilling could significantly impact target priorities and corresponding JV capital allocation.

 

Image caption – Infrastructure at Douay Project, including head frame and core shack; note core containers.

Read the article online at: https://www.globalminingreview.com/mining/09052023/maple-gold-completes-first-phase-of-drilling-at-douay-and-joutel/