Thursday 1st October 2020

Resource Clips

Kapuskasing grabs 11.5 g/t gold at northern Ontario Rollo project

by Greg Klein | June 12, 2015

Grab samples from Kapuskasing Gold’s (TSXV:KAP) Rollo project in Ontario’s Destor-Porcupine fault zone assayed 8.75 and 11.5 grams per tonne gold, the company reported June 11. The results come from the property’s Hanson Lake showing, the first of three quartz feldspar porphyries identified late last year. Channel sampling will begin immediately with drilling to follow, the company stated.

Kapuskasing grabs 11.5 g/t gold at northern Ontario Rollo project

Kapuskasing’s portfolio totals six projects around Mike Tremblay’s
Borden Lake discovery, which Goldcorp took over from Probe Mines.

Spring field work also took place at nearby Borden North, finding several anomalous samples up to 102 ppb gold. The program traced the property’s interpreted S-fold over several kilometres, prompting the company to advance its planned airborne electromagnetics as soon as possible.

Exploration manager Garry Clark commented, “We are looking forward to following up right away on the sampling at Borden North having results that are similar to Mike Tremblay’s initial prospecting at Goldcorp’s [TSX:G] (previously Probe Mines) Borden Lake discovery…. We will be working on the other gold showings on Rollo and initiating work on several of our other properties in the area. We have lots of activity planned for the next several months and beyond.”

The company’s six properties sit along extensions of the Destor-Porcupine or Borden gold project west of Timmins.

Share |

View All: News Stories