Nuvau Minerals (TSX‑V:NMC) reports ‘high-grade’ gold intercepts from its summer drilling program at the Thundermine Project in Québec, Canada.
Hole TH‑26‑08 returned 138.87 grams per tonne gold (Au) over 4.45m, part of initial assay results from 10 holes drilled within its Matagami Mining District Property.
Other intercepts include 5.28g/t Au over 6.1m in TH‑26‑02, incorporating 7.22g/t Au over 3.1m, and 4.78g/t Au over 7m in TH‑26‑06.
The drilling intersected ‘high‑grade’ quartz‑tourmaline veins within a broader intrusive‑hosted mineralised system, extending the tested footprint approximately 80m to the southeast and 200m deeper than historical drilling.
“We have intersected high-grade gold veins within a much broader disseminated intrusive and are seeing the same setting continue as we step away from the limited area that was drilled historically,” CEO Christina McCarthy says.
The company notes similarities to quartz‑tourmaline gold systems in the Sigma‑Lamaque district, providing a geological model for continued exploration.
Thundermine was first explored for copper in the late 1950s before limited drilling in the 1980s identified gold showings. Historical sampling returned intervals including 78.16g/t Au over 1m and 26.4g/t Au over 0.8m, though these results have not been independently verified.
Combined historical and Nuvau drilling now traces the geological framework for more than 300m along trend and more than 400m vertically, remaining open to the southeast and at depth. Seven holes have assays pending.
Nuvau Minerals is a Canadian explorer advancing a production restart at its Matagami Mining Camp in Québec under a 100% earn-in agreement with Glencore (LON:GLEN).
Write to JC Villarba at Mining.com.au
Images: Nuvau Minerals
