Detour Gold Reports Additional Mineralization
TORONTO, ON - Detour Gold Corporation reported the first drill results since its mineral resource update of July 2, 2008 at the Detour Lake property in northern Ontario. The Company received assays for 21 holes in the Calcite and Gap Zones from its ongoing Phase II drilling program.
The Company started Phase II drilling in July 2007 and thus far has completed 351 holes totaling 137,702 metres (including 29 holes abandoned for 2,401 metres and deepening of 9 holes for 1,439 metres). Prior to the mineral resource update, the Company had reported 187 holes totaling 68,428 metres (including 15 holes abandoned for 1,290 metres). There are four (4) active drill rigs on site.
Results from an additional 11 holes drilled at the western end of the Calcite Zone are indicating additional gold mineralization within the US$700 pit shell, which will positively impact the final pit design (lower strip ratio) and resource base. Of importance, significant gold mineralization was encountered at the contact between the massive and pillow flows in holes DG-08-321 with 1.21 g/t over 47.0 metres and DG-08-326 with 1.37 g/t (cut) over 32 metres on section 18,020E, and in holes DG-08-313 with 1.43 g/t (cut) over 38.0 metres and DG-08-318 with 2.54 g/t (cut) over 19.0 metres on section 18,060E.
The company's address is 200 Bay Street, Suite 2040, Box#23, Toronto, ON M5J 2J1, 416.304.0800, fax: 416.304.0184.