by Greg Klein | March 2, 2017
With a nine-hole, 1,000-metre program now underway, Intact Gold TSXV:ITG plans to target promising areas of a western Quebec project with an historic resource.
Plans for the 1,700-hectare Belleterre property call for three holes testing previously undrilled gold-in-soil anomalies that coincide with conductors and magnetic anomalies. Four other holes will test the extension of a gold-bearing structure drilled between 2010 and 2011. Two more holes will step out from 1990s drilling which intersected gold-bearing quartz veins along a northeast-trending structure, the company stated.
Previous work consisted of 567 holes totalling 65,800 metres. A 2007 resource that Intact treats as historic and non-43-101 for the property’s Guillet area used a 1 g/t cutoff:
- measured: 19,487 tonnes averaging 2.16 g/t for 1,356 ounces gold
- indicated: 301,463 tonnes averaging 2.66 g/t for 25,754 ounces
- inferred: 76,570 tonnes averaging 2.31 g/t for 5,687 ounces
Located 145 kilometres south of Val-d’Or and covering part of a greenstone belt, the road-accessible Belleterre project sits about two kilometres from a former mine of that name which produced 2.17 million tons averaging 10.73 g/t gold from 1936 to 1959.