Benz Mining (ASX:BNZ) has announced bonanza gold grades from drilling at the D and E zones of its Eastmain Gold Project in Quebec, Canada. The results confirm new high-grade lodes, which the company believes will become an ‘integral’ part of the Eastmain deposit.
Drill results from 13 wide-spaced scout holes at the D and E zones returned highlight intersections including:
- Hole EM21-168: 7.9m @ 35.9 g/t Au including 1.0m @ 268.8 g/t Au
- Hole EM21-166: 1.5m @ 16.4 g/t Au
- Hole EM21-167: 5.3m @ 3.5 g/t Au including 1.3m @ 6.0 g/t Au
- Hole EM21-171: 1.0m @ 8.34 g/t Au
In addition, visible gold was encountered at 81.3m in hole EM21-229 at the E zone, with assays pending.
“These high-grade results confirm that both D and E Zones host the high-grade shoots we were looking for”
Speaking on these latest assay results, Benz Mining CEO Xavier Braud said: “These high-grade results confirm that both D and E Zones host the high-grade shoots we were looking for, making them similar to A, B and C Zones which form part of our 376,000oz at 7.9g/t gold resource1. One intercept of 7.9m at 35.9g/t gold is 100m away from hole EM20-141, which returned 3.5m at 8.5g/t gold last year in our proof-of-concept campaign of drilling electromagnetic targets, signalling that Eastmain is set to grow considerably under Benz’ ownership.
Both D and E Zones have large footprints as indicated by electromagnetics. We are still drilling wide spaced holes on 75 to 100m spacing, pushing out the boundaries of the mineralised system. We have not found any end to mineralisation; everything is still very much open in all directions. We have 4 more holes with visible gold spread out over 600m of plunge at D Zone and visible gold over a large 200m x 300m area.
The discovery of a mineralised tonalite at E Zone is highly significant as it represents a new style of mineralisation and a new structural framework for E zone. We have been able to track it to shallow depths (<30m vertical) with more recent holes. The spectacular visible gold intercept from hole EM21- 229 shows that potential high-grade mineralisation at E Zone comes close to surface.”
The company believes that these results provide confirmation of the discovery of a ‘high-grade’ shoot within the D Zone, along with the presence of the Kotak mineralised trend at zones D and E.
The 8,000ha Eastmain Gold Project is situated 800km north of Montreal, Canada, within the Upper Eastmain Greenstone belt. The project encompasses 152 mineral claims and one industrial lease permit, and is home to the The Eastmain deposit which was discovered in 1969 by Placer Development Limited.
The original A zone discovery was made when a drill hole intersected gold, copper, and silver mineralisation while testing an airborne geophysical conductor. The B and C zones were later defined during drilling of additional geophysical targets.
The D zone is situated 1km east-south-east of the C zone, 1.5km from camp infrastructure, and has good accessibility year-round via a series of exploration trails.
The prospect has evolved significantly over the past 15 months from a series of small historical holes and VTEM anomalies to a fully-mineralised system covering 1,000m x 300m. For context, the A, B and C zones provide a combined footprint of around 1,100m x 500m.
The E zone can be found a further 1km east-south-east, and is accessible via a number of trails from a nearby airstrip.
To date, a total of 87 holes for ~48,000m have been completed as part of the current drilling program, with assays pending for 58 holes.
Images: Benz Mining Corp.