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The Bonnefond South is located adjacent to the past producing Louvicourt mine. In 1996, AUR Resources discovered a plug-like, tonalitic intrusion (referred to as the Bonnefond South Plug) which contains gold in association with shear and tensional quartz-tourmaline veining. All historical drill holes were drilled from North to South and oriented core was not utilized. The current geological interpretation indicates that the gold system has likely been cross-cut by late faults and that the mineralization remains open on strike and at depth.

The Phase 1 Drill Program consisted of 9 holes for 4,331m testing vein, fault, and shear orientations to confirm gold intersections within the Tonalitic Plug and the misinterpretation of the shear and vein orientations. The results confirmed the potential of Bonnefond South, with significant gold intersections and favorable gold distribution within the Bonnefond Tonalitic Plug. In the Southern portion of the plug and in the volcanic rocks at the footwall, multiple distinct shear zones were intersected showing high strain deformation and anomalous gold values. The best gold intersection in the footwall volcanic from the Phase 1 drilling campaign was 13.2 g/t Au over 8.8m in drill hole 17315-17-29.   The current geological model indicates the gold system remains open to the East and at depth.

Bonnefond SouthBonnefond South
Bonnefond South Drilling Sections from Holes 25 and 26
East Zone
Bonnefond South 2017 Results and 2018 Planned Drilling
Drill Hole   From (m) To (m) Length (m)* Grade (g/t Au)** Geology
17315-17-25   61.7 180.6 118.9 1.5 Tonalite
  Incl. 78.6 122.7 44.1 2.5  
  with 79.5 86.0 6.5 4.2 Shear Mafic Dyke
  and 111.1 116.7 5.6 4.5 Shear Mafic Dyke
17315-17-26   71.8 155.6 83.8 1.9 Tonalite
  Incl. 95.8 106.0 10.2 4.9 Shear Mafic Dyke
17315-17-27   204.1 297.8 93.7 1.4 Tonalite
  449.8 454.4 3.8 1.8 Shear Zone
17315-17-28   86.8 157.3 70.5 0.4 Tonalite
  200.5 204.0 3.5 3.0 Shear Zone
  375.0 382.7 7.7 1.0 Shear Zone
17315-17-29   63.0 151.9 88.9 1.2 Tonalite
  201.0 204.3 3.3 4.2 Shear Zone
  356.1 364.9 8.8 13.2 Shear Zone
17315-17-30   110.8 149.5 38.7 1.1 Tonalite
Incl. 113.3 117.2 3.9 3.3 Mafic Dyke
  221.4 225.1 3.7 1.9 Shear Zone
17315-17-31   243.8 252.8 9.0 0.6 Tonalite
17315-17-32   122.3 123.3 1.0 15.2 Shear Zone
  452.6 461.6 9.0 1.7 Shear Zone
Incl. 456.4 459.6 3.2 2.8  
17315-17-33   271.3 339.5 68.2 1.9 Tonalite
Incl. 271.3 311.0 39.7 2.5  
Incl. 331.6 339.5 7.9 3.4  

*Reported length are measured along the hole.

** Au uncut.

 

Phase I Bonnefond South Drill Results

The plug is highly altered, mineralized, and is cross cut by sheared and mineralized mafic dykes hosting up to 4.9 g/t Au over 10.2m