Initial Results from the Helen Zone Include 25.4 g/t Au over 20.1 m, 28.0 g/t Au over 10.4 m and 21.0 g/t Au over 10.8 m
Drilling is now underway to define the
Highlight new results from 2023 drilling program at Cove include:
- iCHU23-19: 15.7 g/t Au & 16.8 g/t Ag over 4.5 m
- iCHU23-20: 7.6 g/t Au & 2.0 g/t Ag over 12.2 m
- iCHU23-22: 21.8 g/t Au & 4.8 g/t Ag over 10.3 m
- iCHU23-23: 28.0 g/t Au & 5.1 g/t Ag over 10.4 m
And 21.0 g/t Au & 7.4 g/t Ag over 10.8 m
- iCHU23-24: 18.0 g/t Au & 9.4 g/t Ag over 4.6 m
- iCHU23-25: 11.1 g/t Au & 14.4 g/t Ag over 3.7 m
And 7.8 g/t Au & 3.7 g/t Ag over 6.7 m
And 15.4 g/t Au & 3.3 g/t Ag over 1.6 m
- iCHU23-26: 8.4 g/t Au & 2.7 g/t Ag over 9.1 m
- iCHU23-28: 25.4 g/t Au & 5.1 g/t Ag over 20.1 m
And 8.8 g/t Au & 2.4 g/t Ag over 8.5 m
"Results continue to confirm that the Cove deposit is one of
To date, 40 holes have been completed (28 with results released) out of approximately 120 holes planned that will comprise more than 40,000 metres on approximate 30 metre centers in advance of an updated resource estimate and economic study. This program is focused on the
Table 1 – Highlight New Assay Results from Cove Underground Drilling
New 2023 results from McCoy-Cove, estimated true thickness 80-95% | |||||||
Drillhole ID | Zone | Type | From (m) | To (m) | Length (m) | Au (g/t) | Ag (g/t) |
iCHU23-19 | CSD Gap | Core | 255.5 | 260.0 | 4.5 | 15.7 | 16.8 |
iCHU23-20 | CSD Gap | Core | 262.7 | 274.9 | 12.2 | 7.6 | 2.0 |
iCHU23-21 | CSD Gap | Core | 342.0 | 350.4 | 8.4 | 5.7 | 3.7 |
and | CSD Gap | Core | 354.5 | 357.5 | 3.0 | 10.8 | 62.9 |
iCHU23-22 | CSD Gap | Core | 257.2 | 260.0 | 2.8 | 10.4 | 6.4 |
and | CSD Gap | Core | 269.0 | 271.1 | 2.1 | 13.5 | 3.2 |
and | CSD Gap | Core | 316.2 | 326.4 | 10.3 | 21.8 | 4.8 |
iCHU23-23 | Helen | Core | 256.6 | 267.0 | 10.4 | 28.0 | 5.1 |
and | Helen | Core | 291.7 | 302.5 | 10.8 | 21.0 | 7.4 |
iCHU23-24 | Helen | Core | 247.9 | 249.4 | 1.5 | 19.0 | 5.7 |
and | Helen | Core | 278.7 | 283.3 | 4.6 | 18.0 | 9.4 |
iCHU23-25 | Helen | Core | 133.1 | 136.8 | 3.7 | 11.1 | 14.4 |
and | Helen | Core | 218.2 | 224.9 | 6.7 | 7.8 | 3.7 |
and | Helen | Core | 252.1 | 253.7 | 1.6 | 15.4 | 3.3 |
iCHU23-26 | Helen | Core | 257.0 | 266.2 | 9.1 | 8.4 | 2.7 |
iCHU23-27 | Helen | Core | 117.4 | 120.7 | 3.3 | 7.5 | 2.9 |
and | Helen | Core | 136.9 | 144.4 | 7.5 | 5.9 | 4.8 |
and | Helen | Core | 264.0 | 270.1 | 6.1 | 6.7 | 1.6 |
iCHU23-28 | Helen | Core | 247.9 | 254.1 | 9.9 | 6.2 | 1.9 |
and | Helen | Core | 266.0 | 274.5 | 8.5 | 8.8 | 2.4 |
and | Helen | Core | 306.5 | 326.7 | 20.1 | 25.4 | 5.1 |
UTM | Drillhole ID | East m | North m | Elevation m | Azimuth | Dip |
iCHU23-19 | 482177 | 4465776 | 1417 | 001 | -86 | |
iCHU23-20 | 482127 | 4465702 | 1414 | 103 | -81 | |
iCHU23-21 | 482127 | 4465703 | 1414 | 083 | -87 | |
iCHU23-22 | 482127 | 4465704 | 1414 | 048 | -83 | |
iCHU23-23 | 481770 | 4466009 | 1428 | 258 | -82 | |
iCHU23-24 | 481770 | 4466010 | 1428 | 261 | -72 | |
iCHU23-25 | 481770 | 4466010 | 1428 | 278 | -72 | |
iCHU23-26 | 481770 | 4466011 | 1428 | 288 | -73 | |
iCHU23-27 | 481771 | 4466011 | 1428 | 302 | -79 | |
iCHU23-28 | 481771 | 4466011 | 1428 | 306 | -86 |
Cove is one of three projects currently being advanced to realize the Company's goal of becoming one of the largest producers in
Please click here for further information on abbreviations and conversions referenced in this press release.
All samples were submitted to ALS Minerals (ALS) of
Certain statements in this release constitute "forward-looking statements" or "forward-looking information" within the meaning of applicable securities laws, including but not limited to, the expansion or mineral resources at McCoy-Cove and the potential of the Cove project. Such statements and information involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company, its projects, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Such statements can be identified by the use of words such as "may", "would", "could", "will", "intend", "expect", "believe", "plan", "anticipate", "estimate", "scheduled", "forecast", "predict" and other similar terminology, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. These statements reflect the Company's current expectations regarding future events, performance and results and speak only as of the date of this release.
Forward-looking statements and information involve significant risks and uncertainties, should not be read as guarantees of future performance or results and will not necessarily be accurate indicators of whether or not such results will be achieved. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements or information, including, but not limited to: material adverse changes, unexpected changes in laws, rules or regulations, or their enforcement by applicable authorities; the failure of parties to contracts with the company to perform as agreed; social or labour unrest; changes in commodity prices; and the failure of exploration programs or studies to deliver anticipated results or results that would justify and support continued exploration, studies, development or operations.
View original content to download multimedia:https://www.prnewswire.com/news-releases/i-80-gold-announces-high-grade-results-from-underground-drilling-at-cove-301993047.html
SOURCE
© Canada Newswire, source