Alamos Gold Reports Best Surface Exploration Hole to Date at Island Gold with High-Grade Gold Mineralization Intersected across Significantly Greater Widths Down-Plunge from Existing Mineral Resources
- 28.97 g/t Au (26.89 g/t cut) over 21.76 m (MH25-04); and
- 15.38 g/t Au (14.19 g/t cut) over 15.02 m (MH25-03).
Drillholes MH25-03 and MH25-04 intersected wide, high-grade gold mineralization 40 m and 100 m, respectively down-plunge from the high-grade Inferred Mineral Resource block which contained 719,800 ounces, grading 18.74 g/t Au (1.2 million tonnes) as of December 31, 2019. These intercepts have true widths approximately three to four times greater than the 5.3 m average width of this Inferred Mineral Resource block indicating the zone has widened in the area of these holes. Using the cut weighted gold grade for metal factor calculation, drillhole MH25-04 is the best surface directional hole drilled to date at Island Gold in terms of gold content for a drill hole intersect.
Source: https://www.alamosgold.com/news-and-events/default.aspx#news--widget
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