Jun 28 2017
Trek Mining Inc. is pleased to announce that ongoing drilling continues to intersect significant gold mineralization below the shallow, westernmost reserve pit and beyond the current pit limit along the western strike at the Company’s 100%-owned Aurizona Gold Mine (“Aurizona”) in Brazil.
Further to the May 17, 2017 news release, an additional 13 shallow step-out and infill drill holes totalling 1,486 metres from the exploration program at Piaba West have encountered multiple broad intersections of gold mineralization with grades typical of the Piaba gold deposit. In addition, drill hole BRAZP587, which was collared just beyond the westernmost edge of the existing Piaba pit, encountered two narrow, high-grade intercepts that returned gold values of 19.65 grams per tonne gold (“g/t Au”) over 1.0 metre (“m”) and 67.09 g/t Au over 5.0 m including 329.00 g/t Au over 1.0 m.
Drilling highlights include:
- 1.90 g/t Au over 25.0 m in BRAZD529
- 1.11 g/t Au over 11.0 m in BRAZD530
- 0.73 g/t Au over 19.0 m BRAZD531
- 1.64 g/t Au over 18.5 m including 3.69 g/t Au over 5.0 m in BRAZD532
- 1.53 g/t Au over 43.0 m including 6.05 g/t Au over 6.0 m BRAZP584
- 19.65 g/t Au over 1.0 m and 67.09 g/t Au over 5.0 m including 329.00 g/t Au over 1.0 m BRAZP587
- 1.10 g/t Au over 11.0 m and 1.13 g/t Au over 19.0 m in BRAZP590
- 1.21 g/t Au over 39.0 m BRAZP591
“Drilling in the western extension of the Piaba gold deposit continues to intersect broad zones of ore-grade gold mineralization on strike and to depth,” said Scott Heffernan, EVP Exploration of Trek Mining. “These results further confirm the potential for significant resource growth at Piaba.”
- For a complete table of the Company’s 2017 exploration drill results to date, click here
- For a map showing the Company’s 2017 exploration drill holes and highlight results to date, click here
- For an illustrative cross-section including specific recent intercepts from the Company’s 2017 exploration drill results to date, click here
Approximately 7,000 metres of drilling has been completed at Piaba West this year. Additional drill results will be released as assay results are received. This first pass program, designed to extend mineralization to depth and on strike, is nearly complete. A follow-up campaign focusing on any required infill drilling is planned to start in late July and will be carried out concurrent with a regional exploration campaign designed to test several high-potential near-mine targets.
Current gold reserves at Aurizona are contained primarily within the Piaba gold deposit which remains open along strike and to depth. Piaba West is a potential 900-metre long extension of the Piaba gold deposit and is the first of several near-mine targets to be drilled as part of the Company’s planned 30,000-metre 2017 exploration program at Aurizona. Drilling to date has successfully demonstrated that the Piaba gold deposit extends along strike at least 300 metres to the west. Testing of the additional 600 metres of westerly strike will commence upon receipt and interpretation of a recently completed 38,000 line-km airborne magnetic and radiometric survey.