NQ Exploration has released the drilling results of three holes from the Lac Shortt project, which is situated approximately 150 km to the southwest of Chibougamau in Quebec.
The company drilled 993 m, totaling three holes in June and July. It could not drill three further planned holes at the mine’s eastern extension because of the ground’s damp nature.
The third hole analyzed the formation inferred from a MegaTEM survey in the property’s southeast part. It cut two strong gold zones and encountered 6.40 g/t gold over 1.20 m primarily and 11.55 g/t gold over 1.30 m secondarily. The gold mineralization is connected with quartz veinlet zones added into a carbonatized, sheared and feebly hematized mafic volcanic along with 4-6% scattered pyrite.
The company drilled the first hole at the fault zone to old Lac Shortt mine’s southern part, but did not cut any considerable gold values. The second hole was drilled to test a similar formation inferred from a MegaTEM survey at the property’s southeast part and major gold zones were not cut.
These structures bearing gold lie below the old mine’s tailings pond, in an under explored region of the property. These zones could not be explored for a minimum of 700 m along the strike, on the presumption that the zone will be having similar orientation like the old mine. The zones stay open at the depth and towards the surface. Primary geological assessments show the sub vertical zones and true thickness is calculated at a core length of around 70%.
Chibougamau-based James Bay Joint Action Mining Committee prepared the samples and North Bay-based Accurassay lab tested the samples.