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.
|Drill Hole||From (m)||To (m)||Length (m)*||Grade (g/t Au)**||Geology|
|with||79.5||86.0||6.5||4.2||Shear Mafic Dyke|
|and||111.1||116.7||5.6||4.5||Shear Mafic Dyke|
|Incl.||95.8||106.0||10.2||4.9||Shear Mafic Dyke|
*Reported length are measured along the hole.
** Au uncut.
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