Manitou Gold Inc. has reported on assay results received from the Gaffney Extension diamond drill project, located within the Lower Manitou Lake area of Northwestern Ontario. Thirty-one diamond drill holes (6,968 metres) have been completed, with assay results received from the first twenty-seven holes.
Diamond drill hole G-11-27 returned a wide section of gold mineralization, with a continuous 75.1 m interval averaging 2.4 g/t Au. Hole G-11-27 is the deepest hole completed to date on the project, with the intersection located at a vertical depth of 225 m. This impressive section of gold mineralization contains two higher grade intervals averaging 5.5 g/t Au over 8.5 m and 5.2 g/t Au over 10.0 m.
The two zones are contained within the entire 75.1 m interval in G-11-27 and are separated by material averaging 2.6 g/t Au over 17.2 m. A table of individual samples across the entire interval can be found on the company's website at www.manitougold.com/gaffney.html.
G-11-27 is located 50m below hole G-11-24, which contained two significant intervals of gold mineralization that averaged 2.8 g/t Au over 12.15 m (including 4.1 g/t Au over 6.2 m) and 1.3 g/t Au over 26.7 m (including 2.0 g/t Au over 8.5 m). The G-11-27 intersection may represent the convergence of the two zones in G-11-24. The gold mineralization displays exceptional width and continuity with increasing depth. The mineralization remains open both along strike and down dip.
Todd Keast, President of Manitou Gold Inc. added, "This impressive 75.1 m intersection of gold mineralization, combined with our previous intersections, suggests the presence of a large gold system, in respect of which we are only beginning to recognize the size and extent. It is notable that individual 1.0 m wide samples within the 75.1 m interval included assays of 10.0 g/t Au, 9.6 g/t Au and 9.9 g/t Au, which clearly indicates richer zones of gold mineralization within the system. We are very encouraged by the relatively consistent grades across the full 75.1 m of the mineralized zone"
Gold mineralization at the Gaffney Extension is hosted within a highly altered quartz eye intrusion which contains narrow quartz veins and stringers with disseminated pyrite and pervasive ankerite alteration. A second style of gold mineralization consists of quartz feldspar porphyry ("QFP") dykes which contain 1-3% disseminated pyrite.
Manitou Gold has completed an additional 4 holes at Gaffney Extension. Assay results for holes G-11-28 through G-11-31 are pending and will be released when available.