Gold, Silver And Zinc Intersects At Sturgeon River Project
TORONTO - Laurion Mineral Exploration Inc. reported drill results of four drill holes totaling 841 metres completed on the A-Zone, the northeastern strike component of the 3km long Loki trend on the Sturgeon River project in Beardmore, Ontario. The focus of this drill program was to twin and confirm values recorded for historic holes 92-64, 92-65 on the A-Zone, and to test the lateral mineralization intersected in 90-47 and down dip of mineralization intersected in 90-37. These latter two historical holes had intersected horizons sub-parallel and in the hanging wall of the A-Zone.
Drilling was designed to confirm and expand the mineralization on the various horizons, and was considered Phase 1 of multiple planned drill programs designed with the ultimate goal of developing a drill database for a NI 43-101 mineral resource compliant report. As part of this goal, Laurion has been working towards compiling a comprehensive program of in depth mapping and prospecting plus a drill database of historical and current drill holes totaling 265, within a corridor that is 1km wide and 3km long.
This corridor is composed of intermediate and felsic volcanics hosting numerous zinc dominant volcanogenic massive sulphide (VMS) horizons which are gold rich. Prospecting results of the recent field program returned grab samples up to 53.00 g/t Au, 133 g/t Ag, 1.86% Cu and 27.50% Zn.
The two drill holes, LBX12-001 and 002 on the A-Zone confirmed historical results and revealed a wide zone of anomalous gold and zone within the intermediate to felsic volcanics containing discrete zones of higher grade mineralization.