By Kalwinder KaurJul 18 2012
Galahad Metals has announced that it has obtained final assay results from the 2012 diamond drill program carried out at its Regcourt gold property, which is located 30 km towards the eastern part of Val d'Or, QC. This new program included 1572 m of drilling, totaling five holes, which focused on shallow flat veins, and projected down-dip vein expansions that were cut during former drilling programs.
The company has encountered many narrow tourmaline-quartz veinlets and veins together with local dispersed sulphide mineralization, through all five holes of this year’s operations. The company intersected both steep and flat quartz vein orientations and noticed mineralized zones that were noted in a discontinuous pattern from 30 to 300 m down-hole.
Hole RG-12-04 penetrated a cavity; hence it was abandoned. All the drill programs cut the gold-mineralized, sulphide-bearing quartz veins, present near the Regcourt Gold mine works.
The company sent 849 core samples, which were gathered from recovered core, to ALS Chemex Laboratories in QC, for conducting multi-element analysis. Standard fire-assay processes were employed to determine gold content.
Galahad has drilled 7068 m, totaling 25 surface holes, at the property, which contains the historic Regcourt Gold Mine deposit. The gold deposit occurs in a granodiorite stock, which intrudes intermediate volcanic and mafic rocks of the Malarctic group.
The mineralization includes fracture-fill quartz veinlets and veins that have fine-grained free gold and pyrite, which is the same as additional gold deposit areas in the gold mining camp of Val-d'Or.
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