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Alamos Gold Continues to Extend High-Grade Gold Mineralization at Island Gold, Including within Hanging Wall and Footwall Zones in Proximity to Existing Infrastructure

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Alamos Gold Continues to Extend High-Grade Gold Mineralization at Island Gold, Including within Hanging Wall and Footwall Zones in Proximity to Existing Infrastructure

 

 

 

 

 

Alamos Gold Inc. (TSX:AGI) (NYSE:AGI) reported new results from underground exploration drilling at the Island Gold mine, further extending high-grade gold mineralization across the Island Gold Deposit. This included multiple significant high-grade intercepts within several recently defined hanging wall and footwall structures in proximity to existing underground infrastructure. All reported drill widths are true width of the mineralized zones, unless otherwise stated.

  • Island West: high-grade mineralization extended outside of Mineral Reserves and Resources within the main C-Zone. The C and E1E-Zones are the main structures which host the majority of currently defined Mineral Reserves and Resources at Island Gold.
    New highlights include:

    • 146.33 g/t Au (37.19 g/t cut) over 2.20 m (580-473-22); and
    • 38.92 g/t Au (38.92 g/t cut) over 2.10 m (790-479-16).
  • Island West Hanging Wall Zones: high-grade gold mineralization intersected within sub-parallel zones in the hanging wall, and within a newly defined perpendicular structure, the “NS1” Zone. Multiple sub-parallel and perpendicular hanging wall zones have been defined over the past year in proximity of existing underground infrastructure and represent a significant opportunity to add near mine Mineral Reserves and Resources.
    New highlights include:

 

NS1 Zone

  • 89.31 g/t Au (7.73 g/t cut) over 2.40 m (770-466-03);
  • 25.57 g/t Au (5.68 g/t cut) over 2.50 m (770-466-07);
  • 42.27 g/t Au (7.43 g/t cut) over 2.30 m (580-473-26);
  • 16.06 g/t Au (6.95 g/t cut) over 2.80 m (770-466-02); and
  • 14.50 g/t Au (10.08 g/t cut) over 3.10 m (580-473-25).

 

G1 Zone

  • 60.03 g/t Au (25.70 g/t cut) over 2.50 m (790-479-13); and
  • 11.13 g/t Au (6.82 g/t cut) over 2.20 m (850-471-01B).
  • Island West Footwall Zones: high-grade gold mineralization intersected within newly defined sub-parallel structure the “DN” zone. New highlight includes:
    • 22.34 g/t Au (22.34 g/t cut) over 2.90 m (790-479-04).
  • Island East: high-grade mineralization extended outside of Mineral Reserves and Resources in the main E1E-Zone. New highlights include:
    • 104.48 g/t Au (50.76 g/t cut) over 3.10 m (840-608-49);
    • 40.54 g/t Au (33.33 g/t cut) over 2.50 m (840-608-43); and
    • 11.93 g/t Au (11.93 g/t cut) over 4.20 m (840-632-17).
  • Island East Footwall Zones: high-grade gold mineralization intersected within sub-parallel zones in the footwall (NTH2, NTH3) in proximity to existing underground infrastructure. New highlights include:

 

NTH2 Zone

  • 44.48 g/t Au (9.71 g/t cut) over 3.10 m (620-629-03); and
  • 17.91 g/t Au (5.34 g/t cut) over 2.10 m (620-629-01).

 

NTH3 Zone

  • 12.34 g/t Au (7.65 g/t cut) over 3.30 m (840-554-44);
  • 16.86 g/t Au (11.40 g/t cut) over 2.30 m (840-554-60);
  • 13.21 g/t Au (13.21 g/t cut) over 2.70 m (840-554-04); and
  • 11.02 g/t Au (7.29 g/t cut) over 2.30 m (840-566-08).

 

Note: Drillhole composite intervals reported as “cut” may include higher grade samples which have been cut to: C-zone @ 225 g/t Au; E1E Zone @ 185 g/t Au. B Zone @ 90 g/t Au; D1 and G1 Zones @ 45 g/t Au; G Zone @ 70 g/t Au; E1D @ 80g/t Au; DN, NS1, NTH1, NTH2, NTH3 @ 35 g/t Au .

 

“Our continued exploration success within recently defined sub-parallel structures demonstrate the significant opportunities to add high-grade ounces near our existing mining horizons. This includes the newly defined NS1-Zone in the hanging wall which we are currently developing and mining beyond existing Mineral Reserves and Resources and outside of our 2023 mine plan. We are also continuing to extend high-grade mineralization across the main Island Gold zone to the East and West as part of our successful transition from surface exploration drilling to more cost-effective underground drilling where we leverage our existing development,” said John A. McCluskey, President and Chief Executive Officer.

 

“We expect this ongoing success in both the main zone and subparallel structures to drive further growth in high-grade near-mine Mineral Reserves and Resources. Given their proximity to our existing underground infrastructure, these ounces will be low-cost to develop and produce, highlighting the significant ongoing upside to Phase 3+ Expansion study outlined in 2022,” Mr. McCluskey added.

 

New highlight intercepts can be found in Table 1, and in Figures 1 to 3 at the end of this news release.

 

2023 Exploration Drilling Program – Island Gold Mine

 

A total of $14 million is budgeted for exploration at Island Gold in 2023. For the past several years, the exploration focus has been on adding high-grade Mineral Resources at depth in advance of the Phase 3+ Expansion study, primarily through surface directional drilling. This exploration strategy has been successful in tripling the Mineral Reserve and Resource base since 2017. With a 17-year mine life, and with work on the expansion ramping up, the focus has shifted to a more cost-effective expanded underground exploration drilling program that will leverage existing underground infrastructure. This drilling is much lower cost on a per metre basis, is less technically challenging, and requires significantly fewer metres per exploration target.

 

The underground exploration drilling program has been expanded from 27,500 metres in 2022 to 45,000 m in 2023. The program is focused on defining new Mineral Reserves and Resources in proximity to existing production horizons and infrastructure including along strike, and in the hanging-wall and footwall. These potential high-grade Mineral Reserve and Resource additions would be low cost to develop and could be incorporated into the mine plan and mined within the next several years, further increasing the value of the operation. To support the underground exploration drilling program, 444 m of underground exploration drift development is planned to extend drill platforms on the 490, 790, 945, and 980-levels. In addition to the exploration budget, 36,000 m of underground delineation drilling has been planned and included in sustaining capital for Island Gold.   A total of 20,027 m of underground exploration drilling, and 6,426 m of delineation drilling has been completed as of June 1, 2023.

 

A regional exploration program including a total of 7,500 m of drilling is also underway. The focus will be on evaluating and advancing exploration targets outside the Island Gold Deposit on the newly expanded 55,300-hectare Island Gold property.

 

Island West

 

Underground Exploration Drilling

 

Underground drilling from the 580-level and the 790-level exploration drifts continue to extend high-grade gold mineralization along strike to the west of Mineral Reserves and Resources in the middle portion of Island West (between vertical depths of 700 m and 1,100 m).

 

New highlights include (Figure 1, Table 1):

 

C-Zone:

  • 146.33 g/t Au (37.19 g/t cut) over 2.20 m (580-473-22); and
  • 38.92 g/t Au (38.92 g/t cut) over 2.10 m (790-479-16).

 

Island West Hanging Wall Zones

 

In addition to testing the C-Zone, underground exploration drilling continued to target and expand on previous drilling that intersected high-grade gold mineralization in sub-parallel structures in the hanging wall from the 580, 770, 790, and 850-levels. Additional drilling has been successful in establishing continuity and extending high-grade gold mineralization within multiple structures referred to as the B, G, and G1 Zones (Table 1). These zones are located 20 m, 75 m, and 110 m south of the main C-Zone, respectively.

 

NS1 Hanging Wall Zone

 

In addition to the sub-parallel structures, a north-striking structure, NS1, with a high-angle orientation relative to the C-Zone was identified this year. Drill testing, and subsequent exploration sills along this structure have demonstrated continuity, both along strike, and down-dip. In addition, other north-striking high-angle structures have been identified across the deposit, which will be evaluated further as underground exploration drilling advances.

 

Three exploration sills have been completed along the NS1 structure from the 750, 770, 810-levels. A fourth sill is near completion from the 790-level. The objective of these exploration sills is to demonstrate the continuity of the structure, and high-grade gold mineralization, both along strike, and from level-to-level down dip. Thus far, the sills have demonstrated excellent continuity, over a 60 m strike extent to the south, and over 60 m vertically. A highlight from the NS1 zone sill development was 3,130 tonnes of material mined from the 770-level NS1 sill that graded 15.20 g/t Au. This sill development material and the NS1 zone is beyond currently defined Mineral Reserves and Resources and outside of the 2023 mine plan.

 

This further highlights the potential to add high-grade Mineral Reserves and Resources in proximity of existing production horizons and infrastructure which could be incorporated into the mine plan and mined within the next several years. These potential high-grade Mineral Reserves and Resource additions would be low cost to develop, further increasing the value of the operation and strong economics of the expansion.

 

New highlights from the Island West Hanging Wall zones include (Figure 2, Table 1):

 

NS1 Zone

  • 89.31 g/t Au (7.73 cut) over 2.40 m (770-466-03);
  • 25.57 g/t Au (5.68 g/t cut) over 2.50 m (770-466-07);
  • 42.27 g/t Au (7.43 g/t cut) over 2.30 m (580-473-26);
  • 16.06 g/t Au (6.95 g/t cut) over 2.80 m (770-466-02); and
  • 14.50 g/t Au (10.08 g/t cut) over 3.10 m (580-473-25).

 

G1 Zone

  • 60.03 g/t Au (25.70 g/t cut) over 2.50 m (790-479-13); and
  • 11.13 g/t Au (6.82 g/t cut) over 2.20 m (850-471-01B).

 

Island West Footwall Zone

 

In addition to testing the C-Zone and the hanging wall zones in Island West, underground exploration drilling also targeted and expanded on previous drilling that intersected high-grade gold mineralization within a sub-parallel structure in the footwall from the 790-level. This additional drilling has been successful in establishing continuity and extending high-grade gold mineralization within the DN structure. (Figure 2, Table 1). This zone is located 100 m north of the main C-Zone.

 

New highlight from the Island West Footwall zone includes:

 

DN Zone

  • 22.34 g/t Au (22.34 g/t cut) over 2.90 m (790-479-04).

 

Island East

 

Underground Exploration Drilling

 

Underground drilling from the 620 and 840-level exploration drifts continues to extend high-grade gold mineralization along strike to the east of Mineral Reserves and Resources in the middle portion of Island East (between vertical depths of 500 m and 1,000 m).

 

New highlights in the E1E-Zone include (Figure 1, Table 1):

  • 104.48 g/t Au (50.76 g/t cut) over 3.10 m (840-608-49);
  • 40.54 g/t Au (33.33 g/t cut) over 2.50 m (840-608-43); and
  • 11.93 g/t Au (11.93 g/t cut) over 4.20 m (840-632-17).

 

Island East Footwall Zones

 

In addition to testing the E1E-Zone, underground exploration drilling continued to target and expand on previous drilling that intersected high-grade gold mineralization in sub-parallel structures in the footwall from the 620 and 840-levels. This additional drilling has been successful in establishing continuity and extending high-grade gold mineralization within multiple structures referred to as the NTH, NTH2, and NTH3 zones (Figure 3, Table 1). These zones are located 40 m, 90 m, and 75 m north of the main E1E-Zone, respectively.

 

New highlights from the Island East Footwall zones include (Figure 3, Table 1):

 

NTH2 Zone

  • 44.48 g/t Au (9.71 g/t cut) over 3.10 m (620-629-03); and
  • 17.91 g/t Au (5.34 g/t cut) over 2.10 m (620-629-01).

 

NTH3 Zone

  • 12.34 g/t Au (7.65 g/t cut) over 3.30 m (840-554-44);
  • 16.86 g/t Au (11.40 g/t cut) over 2.30 m (840-554-60);
  • 13.21 g/t Au (13.21 g/t cut) over 2.70 m (840-554-04); and
  • 11.02 g/t Au (7.29 g/t cut) over 2.30 m (840-566-08).

 

In addition to the hanging and footwall zones in Island West, these footwall zones in Island East further highlight the potential to add high-grade Mineral Reserves and Resources in proximity of existing production horizons and infrastructure which could be incorporated into the mine plan and mined within the next several years. These potential high-grade Mineral Reserves and Resource additions would be low cost to develop, further increasing the value of the operation.

 

Other Zones

 

The majority of Island Gold’s Mineral Reserves and Resources and main production horizons are hosted in the C/E1E structure. The Island Gold Deposit also consists of several sub-parallel and high-angle mineralized structures outside of the main C/E1E-Zone. As underground development advances, these sub-parallel hanging wall and footwall structures can be targeted with step-out drilling from underground drill platforms. As demonstrated with the newly defined NTH2, NTH3, and perpendicular NS1 Zone, as well as the B, G, and G1 Zones that were defined in 2022, these zones have the potential to be converted into new Mineral Reserves and Resources adjacent to existing underground infrastructure through additional drilling.

 

Step-out underground exploration drilling targeting these zones can be completed once underground development has been established. This drilling allows for the confirmation of the geometry and potential continuity of mineralization with the objective of defining new Mineral Resources. These hanging wall and footwall exploration opportunities provide potential further upside to define additional Mineral Reserves and Resources outside of the main C/E1E-Zone in proximity to underground development, which would enhance the ounce per vertical metre profile, and provide multiple mining horizons from the same lateral development levels.

 

The following are highlights of new hanging wall and footwall intersections from underground exploration drilling where the geometry and continuity is not yet established (“Unknown Zone”) (reported composite intervals are uncut and core length) (Table 1):

 

Footwall Intersections:

  • 137.20 g/t Au over 4.70 m (945-624-03);
  • 18.39 g/t Au over 4.20 m (945-624-06);
  • 25.85 g/t Au over 2.80 m (790-479-11);
  • 6.31 g/t Au over 9.80 m (790-479-10); and
  • 11.81 g/t Au over 2.70 m (790-479-02).

 

Hanging Wall Intersections:

  • 55.29 g/t Au over 3.70 m (790-479-16);
  • 54.79 g/t Au over 2.70 m (850-471-04);
  • 47.61 g/t Au over 2.60 m (850-471-02);
  • 18.57 g/t Au over 5.90 m (850-471-17);
  • 17.48 g/t Au over 3.20 m (790-479-14); and
  • 21.04 g/t Au over 2.60 m (850-471-03).

 

Qualified Persons

 

Scott R.G. Parsons, P.Geo., FAusIMM, Alamos Gold’s Vice President, Exploration, has reviewed and approved the scientific and technical information contained in this news release. Scott R.G. Parsons is a “Qualified Person” as defined by Canadian Securities Administrators’ National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

 

Exploration programs at the Island Gold Mine are directed and supervised by Tyler Poulin, P.Geo., Chief Geologist at the Island Gold Mine. Tyler Poulin is a “Qualified Person” as defined by Canadian Securities Administrators’ National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

 

Quality Assurance and Quality Control

 

Alamos Gold maintains an internal Quality Assurance / Quality Control program at the Island Gold Mine to ensure sampling and analysis of all exploration work is conducted in accordance with best practices.

 

Access to the Island Gold Mine is controlled by security personnel. Drill core is logged and sampled at the core logging facility within the mine site under the supervision of a Qualified Geologist. A geologist marks the individual samples for analysis, and sample intervals, sample numbers, standards and blanks are entered into the database. The core is cut in half using an electric core saw equipped with a diamond tipped blade. One half of the core is placed into a plastic sample bag and sealed with zip ties in preparation for shipment. The other half of the core is returned to the core box and retained for future reference. The samples are placed in large heavy-duty nylon reinforced Fabrene bags, which are identified and sealed before being placed on pallets. The core samples are picked up at the mine site and delivered to AGAT laboratory in Thunder Bay, Ontario.

 

Gold is analyzed by a 50 grams fire assay with an Atomic Absorption (AA) finish. Samples greater than 10.0 g/t Au are re-analyzed using gravimetric finish methods. AGAT is a certified laboratory and has internal quality control programs that include insertion of reagent blanks, reference materials, and pulp duplicates.

 

The Corporation inserts QC samples (blanks and reference materials) at regular intervals to monitor laboratory performance. Cross check assays are completed on a regular basis in a secondary accredited laboratory. The QA/QC procedures are more completely described in the Technical Report filed on SEDAR August 29, 2022.

 

About Alamos

 

Alamos is a Canadian-based intermediate gold producer with diversified production from three operating mines in North America. This includes the Young-Davidson and Island Gold mines in northern Ontario, Canada and the Mulatos mine in Sonora State, Mexico. Additionally, the Company has a strong portfolio of growth projects, including the Phase 3+ Expansion at Island Gold, and the Lynn Lake project in Manitoba, Canada. Alamos employs more than 1,900 people and is committed to the highest standards of sustainable development. The Company’s shares are traded on the TSX and NYSE under the symbol “AGI”.

 

 

Table 1: Island Gold – Previously Unreleased Select Composite Intervals from Underground Exploration Drilling

 

Composite intervals greater than 3 g/t Au weighted average, capping values:

 

C-zone @ 225 g/t Au; E1E Zone @ 185 g/t Au; B Zone @ 90 g/t Au; D1 and G1 Zones @ 45 g/t Au; G Zone @ 70 g/t Au; E1D @ 80g/t Au; DN, NS1, NTH1, NTH2, NTH3 @ 35 g/t Au.

 

Hole ID Zone Target Area From (m) To (m) Core Length (m) True Width (m) Au Uncut (g/t) Au Cut (g/t) Vertical Depth (m)
850-471-17 B Island West Hanging Wall 3.0 9.6 6.6 4.3 5.35 5.35 856
580-473-22 C Island West 58.4 60.6 2.2 2.2 146.33 37.19 517
790-479-16 C Island West 170.9 173.0 2.1 2.1 38.92 38.92 811
580-473-23 C Island West 54.0 56.2 2.2 2.2 8.60 8.60 573
790-479-11 C Island West 169.9 172.2 2.3 2.0 7.77 7.77 721
790-479-12 C Island West 97.9 100.0 2.2 2.1 7.51 7.51 816
790-479-01 C Island West 127.7 130.6 2.9 2.8 5.88 5.88 852
580-473-25 C Island West 89.0 92.0 3.0 2.8 4.16 4.16 619
580-473-16A C Island West 52.3 54.5 2.2 2.1 3.95 3.95 580
580-473-19 C Island West 56.5 59.0 2.5 2.5 3.48 3.48 556
790-479-10 C Island West 157.8 161.2 3.4 2.2 3.19 3.19 693
790-479-04 DN Island West Footwall 12.9 16.0 3.1 2.9 22.34 22.34 816
790-479-02 DN Island West Footwall 12.6 15.8 3.2 2.7 8.35 8.35 819
790-479-11 DN Island West Footwall 24.0 26.7 2.7 2.3 6.45 6.45 799
790-479-01 DN Island West Footwall 12.0 15.2 3.2 2.8 5.89 5.89 816
790-479-06 DN Island West Footwall 14.5 18.9 4.4 2.6 4.98 4.98 822
790-479-09 DN Island West Footwall 20.0 22.8 2.8 2.2 3.02 3.02 811
945-624-13 E1D Island East Footwall 175.4 179.3 4.0 2.2 4.01 4.01 1088
840-608-49 E1E Island East 150.7 154.5 3.8 3.1 104.48 50.76 818
840-608-43 E1E Island East 159.5 162.0 2.5 2.5 40.54 33.33 772
840-632-17 E1E Island East 136.7 141.1 4.4 4.2 11.93 11.93 814
620-617-02 E1E Island East Footwall 203.4 207.5 4.0 2.1 8.34 8.34 678
620-617-08 E1E Island East 106.3 108.8 2.5 2.3 5.23 5.23 545
840-608-46 E1E Island East 156.0 158.7 2.7 2.5 4.30 4.30 704
840-608-47 E1E Island East 156.0 158.6 2.6 2.3 3.45 3.45 696
620-617-05 E1E Island East 144.1 146.5 2.4 2.1 3.24 3.24 622
620-617-07 E1E Island East 98.0 100.5 2.5 2.1 3.10 3.10 511
850-471-13 G Island West Hanging Wall 111.8 118.7 6.9 2.7 6.40 6.40 930
790-479-13 G1 Island West Hanging Wall 270.0 273.0 3.0 2.5 60.03 25.70 888
850-471-01B G1 Island West Hanging Wall 126.2 129.0 2.8 2.2 11.13 6.82 786
850-471-05 G1 Island West Hanging Wall 104.0 107.0 3.0 3.0 5.12 5.12 861
770-475-03 G1 Island West Hanging Wall 156.3 158.6 2.3 2.2 4.50 4.50 729
580-473-29 G1 Island West Hanging Wall 169.9 174.4 4.5 2.9 3.07 3.07 674
770-466-03 NS1 Island West Hanging Wall 17.4 21.5 4.1 2.4 89.31 7.73 765
580-473-26 NS1 Island West Hanging Wall 157.0 159.7 2.7 2.3 42.27 7.43 643
770-466-07 NS1 Island West Hanging Wall 52.3 60.2 7.9 2.5 25.57 5.68 809
770-466-02 NS1 Island West Hanging Wall 6.2 10.2 4.0 2.8 16.06 6.95 769
580-473-25 NS1 Island West Hanging Wall 161.0 165.1 4.1 3.1 14.50 10.08 631
770-466-04 NS1 Island West Hanging Wall 22.4 25.7 3.3 2.1 6.99 6.99 786
770-475-03 NS1 Island West Hanging Wall 110.9 113.0 2.1 2.0 5.71 5.71 746
770-466-01 NS1 Island West Hanging Wall 23.9 43.5 19.6 2.7 5.46 5.46 745
770-466-02 NS1 Island West Hanging Wall 15.0 18.5 3.5 2.1 5.21 5.21 763
850-471-15 NS1 Island West Hanging Wall 18.7 21.0 2.3 2.0 5.13 5.13 866
580-473-29 NS1 Island West Hanging Wall 257.0 262.5 5.5 3.1 3.93 3.93 714
770-466-06 NS1 Island West Hanging Wall 31.5 36.5 5.0 2.0 3.84 3.84 787
620-617-03 NTH Island East Footwall 143.3 145.7 2.4 2.2 4.17 4.17 649
620-629-03 NTH2 Island East Footwall 78.9 82.3 3.4 3.1 44.48 9.71 639
620-629-01 NTH2 Island East Footwall 89.8 92.4 2.6 2.1 17.91 5.34 662
840-554-60 NTH3 Island East Footwall 62.0 65.6 3.6 2.3 16.86 11.40 846
840-554-04 NTH3 Island East Footwall 37.3 40.9 3.6 2.7 13.21 13.21 868
840-554-44 NTH3 Island East Footwall 70.8 75.3 4.5 3.3 12.34 7.65 833
840-566-08 NTH3 Island East Footwall 131.7 134.7 3.0 2.3 11.02 7.29 938
840-560-06 NTH3 Island East Footwall 114.0 116.9 2.8 2.0 9.29 9.29 864
840-554-06 NTH3 Island East Footwall 38.3 41.3 3.0 2.5 7.87 7.73 871
840-554-23 NTH3 Island East Footwall 67.8 71.0 3.2 2.1 6.77 6.04 840
840-554-01 NTH3 Island East Footwall 59.0 66.9 7.9 5.0 5.82 5.82 851
840-554-09 NTH3 Island East Footwall 60.0 63.0 3.0 2.3 3.83 3.83 855
840-554-54 NTH3 Island East Footwall 48.0 51.0 3.1 2.2 3.15 3.15 851
945-624-03 Unknown Island East Footwall 170.2 174.9 4.7   137.20   1091
790-479-16 Unknown Island West Hanging Wall 223.6 227.3 3.7   55.29   807
850-471-04 Unknown Island West Hanging Wall 80.9 83.5 2.7   54.79   837
850-471-02 Unknown Island West Hanging Wall 80.2 82.8 2.6   47.61   852
790-479-11 Unknown Island West Footwall 83.5 86.3 2.8   25.85   768
750-463-11 Unknown Island West Hanging Wall 0.0 0.9 0.9   22.81   752
850-471-03 Unknown Island West Hanging Wall 59.4 62.1 2.6   21.04   862
850-471-17 Unknown Island West Hanging Wall 33.0 38.9 5.9   18.57   876
945-624-06 Unknown Island East Footwall 131.9 136.1 4.2   18.39   1052
790-479-14 Unknown Island West Hanging Wall 188.0 191.2 3.2   17.48   828
790-479-02 Unknown Island West Footwall 35.2 37.9 2.7   11.81   829
580-473-26 Unknown Island West Hanging Wall 264.2 267.3 3.1   11.70   676
850-471-01B Unknown Island West Hanging Wall 147.5 149.9 2.3   8.73   775
790-479-10 Unknown Island West Footwall 61.8 71.6 9.8   6.31   763
945-624-10 Unknown Island East Footwall 151.3 153.7 2.4   4.94   1005
620-629-02 Unknown Island East Footwall 106.9 109.5 2.7   3.55   693
850-471-13 Unknown Island West Hanging Wall 62.3 69.8 7.6   3.10   896

 

Table 2: Underground exploration drill holes; azimuth, dip, drilled length, and collar location at surface (UTM NAD83).

 

Hole ID Azimuth (°) Dip (°) Drilled Length (m) UTM Easting (m) UTM Northing (m) UTM Elevation (m)
580-473-16A 165.09 15 123 690332 5351562 -201
580-473-19 161 41 128 690330 5351562 -201
580-473-22 189.19 37 154 690330 5351562 -201
580-473-23 187 22 141 690327 5351562 -201
580-473-25 209.63 -15 249 690326 5351562 -202
580-473-26 223.21 -17 273 690326 5351563 -202
580-473-29 177 -26 276 690328 5351562 -202
620-617-02 166.04 -25 243 691649 5352152 -210
620-617-03 178.91 -22 234 691649 5352150 -210
620-617-05 155.35 -13 159 691650 5352149 -210
620-617-07 170 52 120 691648 5352152 -207
620-617-08 188.08 25 126 691647 5352151 -208
620-629-01 140 -53 138 691762 5352199 -211
620-629-02 153 -73 120 691759 5352203 -209
620-629-03 164 -38 123 691759 5352201 -208
750-463-11 167.2249 21 21 690265 5351477 -371
770-466-01 144.15 60 60 690311 5351440 -391
770-466-02 99 42 36 690313 5351443 -391
770-466-03 121 30 45 690316 5351440 -390
770-466-04 83.25 -21 42 690313 5351443 -396
770-466-06 109 -18 60 690313 5351442 -396
770-466-07 105 -34 72 690319 5351441 -401
770-475-03 209 21 174 690394 5351489 -395
790-479-01 172 -17 210 690083 5351504 -430
790-479-02 158.57 -27 165 690084 5351501 -432
790-479-04 154 -15 474 690083 5351504 -430
790-479-06 189 -35 240 690083 5351504 -430
790-479-09 188.63 4 192 690083 5351504 -430
790-479-10 174.08 46 206.5 690083 5351504 -429
790-479-11 200.03 32 357 690083 5351504 -430
790-479-12 144.02 4 402 690084 5351504 -431
790-479-13 130.8 -13 402 690084 5351504 -433
790-479-14 203.85 -4 402 690078 5351504 -432
790-479-16 220 5 303 690080 5351505 -432
840-554-01 159 -6 216 691084 5351875 -463
840-554-04 159 -35 288 691084 5351875 -467
840-554-06 156 -39 300 691084 5351874 -468
840-554-09 150 -11 219 691086 5351873 -463
840-554-23 166 3 180 691083 5351874 -462
840-554-44 160 8 189 691083 5351875 -461
840-554-54 170 -7 183 691082 5351873 -463
840-554-60 164 -1 186 691083 5351875 -462
840-560-06 149 -10 210 691139 5351901 -461
840-566-08 157 -45 396 691194 5351924 -466
840-608-43 118 26 162 691621 5352010 -451
840-608-46 138 54 171 691620 5352010 -449
840-608-47 137 60 177 691620 5352010 -449
840-608-49 139 5 180 691624 5352003 -449
840-632-17 131 11 210 691833 5352113 -447
850-471-01B 116.72 28 165 690357 5351474 -467
850-471-02 118.22 -1 153 690358 5351473 -468
850-471-03 117 -10 156 690359 5351472 -469
850-471-04 129.12 10 147 690358 5351472 -468
850-471-05 128.55 -5 150 690358 5351472 -469
850-471-13 118.87 -42 213 690357 5351473 -470
850-471-15 143 -45 210 690358 5351471 -470
850-471-17 129.88 -42 213 690357 5351473 -470
945-624-03 275.12 -78 249 691855 5351852 -545
945-624-06 314.44 -76 201 691855 5351852 -541
945-624-10 43 -31 207 691858 5351858 -540
945-624-13 57.8 -67 237 691858 5351856 -542

Note: UTM mine surface elevation 393 m

 

Figure 1: Island Gold Mine – C/E1E/E1EN/E1D Longitudinal, New C and E1E-Zone Underground Exploration Drilling Results

 

Figure 2: Island Gold West – Highlights from NS1 Hanging Wall Zone

 

Figure 3: Island Gold East – Highlights from NTH3 Footwall Wall Zone

 

 

Posted June 15, 2023

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