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Wesdome Drilling Southeast of Kiena Mine Identifies Potential Bulk Tonnage Underground Target; Returning 2.3 G/T Gold Over 72 M Core Length

Wesdome Gold Mines
Wesdome Gold Mines

Figure 1

Plan View of Kiena Complex
Plan View of Kiena Complex

Figure 2

Longitudinal Section of Shawkey Zone
Longitudinal Section of Shawkey Zone

Figure 3

Photograph of Shawkey Zone Drill Core
Photograph of Shawkey Zone Drill Core

Figure 4

Longitudinal Section of Dubuisson Zone
Longitudinal Section of Dubuisson Zone

TORONTO, May 23, 2023 (GLOBE NEWSWIRE) -- Wesdome Gold Mines Ltd. (TSX: WDO) (“Wesdome” or the “Company”) today announces surface exploration drilling results from the Shawkey and Dubuisson zones located east of the Kiena Mine at the Company’s 100% owned Kiena Mine Complex in Val d'Or, Quebec.

Since 2021, surface exploration at Kiena has been ramping up with the initial focus on exploration targets proximal to the Kiena Mine. Initially, these drilling programs have been completed along strike (Shawkey zones) or east (Dubuisson zones) from the Kiena mine within the prospective Jacola Formation in order to discover gold-rich zones that could provide additional feed for the Kiena mill. Most recently, surface drilling 2-3 kilometres southeast of the Kiena mine has identified wide zones of low grade gold mineralization potentially amenable to bulk tonnage underground mining  similar to other operations in the region (see Figure 1).

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Shawkey Zone

Initial surface drilling completed along strike and deeper than the previously mined Shawkey 10 zone (Old Shawkey mine on Figure 2), intersected wide zones of alteration and mineralization with one hole (S-21-831) returning 2.3 g/t Au over 72.0 m within a diorite (Figure 2). Mineralization, which consists of disseminated pyrite with locally visible gold is associated with stockwork of white narrow quartz-carbonate and tourmaline veins with associated albite and sericite alteration cross-cutting diorite (Figure 3). The mineralization defines a large, low-grade zone defined by increased percentage of stockwork veins and gold grades rather than by individual veins and shear zones. Notably, this style of mineralization and alteration, hosted in diorite, is different from the Kiena Mine further to the west.

The diorite hosted gold mineralization at Shawkey has been extended to 200 metres up dip and along strike (holes S-21-823 and S-22-852) and remains open along strike to the north-west as well as down dip. Highlights of the recent drilling northwest to the Shawkey 10 Zone are listed below and are summarized in Table 1.

  • Hole S-21-831: 2.3 g/t over 72.0 m core length (2.1 g/t Au capped*)

  • Hole S-21-823: 2.3 g/t Au over 29.4 m core length (2.1 g/t Au capped*)

  • Hole S-21-852: 3.0 g/t Au over 20.1 m core length (3.0 g/t Au capped*)

* All assays capped at 35 g/t. Au. True width cannot be estimated at this stage of the exploration program as the exploration model is not updated for Shawkey.

Dubuisson Zone

Recent drilling and updating 3D modelling of the Dubuisson Zone has confirmed that the mineralization occurs along shear zones (DUB Zone 1, 2 and 3) and at their intersections. Shear zones are mainly located at the contact between diorite and ultramafic rocks or crosscut diorite. Mineralization is characterized by disseminated pyrite (traces to 7%) with visible gold occurring locally in quartz-carbonate and tourmaline veins (stockwork). Albite and chlorite alteration occur in veins selvages (Figure 4).

Highlights of the recent drilling at Dubuisson Zone are listed below and are summarized in Table 2.

  • Hole DB-22-001 (New Zone) : 5.0 g/t Au over 24.0 m core length (4.6 g/t Au capped*)

  • Hole DB-22-002 (DUB Zone 1): 5.0 g/t Au over 9.3 m core length (5.0 g/t Au capped*, 4.6 m true width)

  • Hole DB-22-003 (DUB Zone 2): 9.8 g/t over 25.2 m core length (9.8 g/t Au capped*, 17.2 m true width)

  • Hole DB-22-004 (DUB Zone 3): 11.4 g/t Au over 4.2 m core length (11.4 g/t Au capped*, 2.6 m true width)

* All assays capped at 50 g/t Au. True widths are estimated based on 3D model construction. True width cannot be estimated at this stage of the exploration program for DB-22-001.

Warwick Morley-Jepson, Board Chair and Interim CEO commented, "We are pleased with the recent surface exploration results at Shawkey and Dubuisson zones which could potentially increase our resource base in areas adjacent to the mine. These zones present an opportunity to provide a second source of mill feed for the underutilized Kiena mill. Additionally, these zones remain open at depth and along strike and require further exploration. Both of these zones are proximal to the 33 level track drift development that extends over 3 kilometres east of the Kiena mine shaft towards the Dubuisson Zone. These results also continue to show the potential of discovering new zones elsewhere on the Kiena property with more exploration and improving our understanding of the geology.

Elsewhere at the Kiena mine, the Company is following up on multiple initial discoveries made last year, including the south limb of the A Zone and several adjacent hanging wall zones which remain outside the current mineral reserves. Further, the excavation of an exploration ramp from surface to access the near-surface Presqu’ile Zone is expected to proceed in H2 2023 after the required permits are secured.

These exploration results, combined with strong execution of the ramp development to Kiena Deep, pave the way for increased production growth in 2024 and beyond."

TECHNICAL DISCLOSURE

The technical and geoscientific content of this release has been compiled and reviewed by Denys Vermette, P. Geo., (OGQ #564) Exploration Manager of the Company, and a "Qualified Persons" as defined in National Instrument 43-101 -Standards of Disclosure for Mineral Projects.

Analytical work was performed by ALS Minerals of Val-d’Or (Quebec), a certified commercial laboratory (Accredited Lab #689). Sample preparation was completed at ALS Minerals in Lachine (Quebec). Assaying comprised fire assay methods with an atomic absorption finish. Any sample assaying >3 g/t Au was rerun by fire assay method with gravimetric finish, and any sample assaying >10 g/t Au was rerun with the metallic sieve method. In addition to laboratory internal duplicates, standards, and blanks, the geology department inserts blind duplicates, standards, and blanks into the sample stream at a frequency of one in twenty to monitor quality control.

ABOUT WESDOME
Wesdome is a Canadian focused gold producer with two high grade underground assets, the Eagle River mine in Ontario and the recently commissioned Kiena mine in Quebec. The Company also retains meaningful exposure to the Moss Lake gold deposit in Ontario through its equity position in Goldshore Resources Inc. The Company’s primary goal is to responsibly leverage this operating platform and high-quality brownfield and greenfield exploration pipeline to build Canada’s next intermediate gold producer. Wesdome trades on the Toronto Stock Exchange under the symbol “WDO,” with a secondary listing on the OTCQX under the symbol “WDOFF.”

For further information, please contact: 

 

 

 

Warwick Morley-Jepson

or

Lindsay Carpenter Dunlop

Board Chair & Interim CEO

 

VP Investor Relations

416-360-3743   ext. 2029

 

416-360-3743   ext. 2025

w.morley-jepson@wesdome.com

 

lindsay.dunlop@wesdome.com

 

 

 

220 Bay St, Suite 1200

 

 

Toronto, ON, M5J 2W4

 

 

Toll Free: 1-866-4-WDO-TSX

 

 

Phone: 416-360-3743, Fax: 416-360-7620

 

 

Website : www.wesdome.com

 

 


FORWARD-LOOKING INFORMATION

This news release contains “forward-looking information” which may include, but is not limited to, statements with respect to the benefits of achieving commercial production at Kiena, the Company’s expected capital expenditure in 2023, the timing around reaching the Kiena Deep A Zone, the Company’s ability to be cash flow positive and its annual production run rate. Often, but not always, forward-looking statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Forward-looking statements contained herein are made as of the date of this press release and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances, management’s estimates or opinions should change, except as required by securities legislation. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements.

Table 1: Kiena Complex Surface Drilling Assay and Composite Results for Shawkey Zone

Composites

SHAWKEY ZONE 10
0.5 gt over 3m

 

 

Hole

Sector

From

To

Core length

Grade (g/t Au)

Cut grade (35 g/t Au)

 

S-21-822

Zone 10

316.5

325.5

9.00

1.51

1.51

 

S-21-823

Zone 10

348.6

378

29.40

2.27

2.09

 

S-21-831

Zone 10

402

474

72.00

2.32

2.07

 

Incl.

432.2

439

6.80

3.20

3.20

 

Incl.

447

451

4.00

3.82

3.82

 

Incl.

455

463.5

8.50

4.02

4.02

 

S-21-837

Zone 10

419

432.5

13.50

0.57

0.57

 

S-22-840

Zone 10

395.1

407.25

12.15

0.83

0.83

 

S-22-842

Zone 10

344.8

348.5

3.70

3.30

3.30

 

S-22-852

Zone 10

330.5

350.6

20.10

3.00

3.00

 

Incl.

330.5

332.7

2.20

8.70

8.70

 

Incl.

336.6

340.8

4.20

6.74

6.74

 

S-22-853

Zone 10

339

341.5

2.50

2.71

2.71

 

Zone 10

372.0

380.9

8.90

1.61

1.61

 

Zone 10

389.0

394.5

5.50

1.01

1.01

 

Zone 10

484.7

487.5

2.80

2.92

2.92

 

S-22-854

Zone 10

234.8

242.5

7.70

1.74

1.74

 

Zone 10

379.5

384

4.50

1.47

1.47

 

S-22-855

Zone 10

469.8

480.4

10.60

1.39

1.39

 

Zone 10

508.2

515.3

7.10

2.34

2.34

 


Assays

Hole No.

From (m)

To (m)

Core length (m)

Grade (g/t Au)

Cut grade (35 g/t Au)

Sector

S-21-822

316.5

318

1.5

1.25

1.25

Zone 10

S-21-822

318

319.5

1.5

0.5

0.5

Zone 10

S-21-822

319.5

321

1.5

0.64

0.64

Zone 10

S-21-822

321

322.3

1.3

0.1

0.1

Zone 10

S-21-822

322.3

323.2

0.9

0.01

0.01

Zone 10

S-21-822

323.2

324

0.8

0.18

0.18

Zone 10

S-21-822

324

325.5

1.5

6.51

6.51

Zone 10

 

 

 

 

 

 

 

Hole No.

From (m)

To (m)

Core length (m)

Grade (g/t Au)

Cut grade (35 g/t Au)

Sector

S-21-823

348.6

350.1

1.5

4.2

4.2

Zone 10

S-21-823

350.1

350.6

0.5

0.93

0.93

Zone 10

S-21-823

350.6

351.1

0.5

2.6

2.6

Zone 10

S-21-823

351.1

352.5

1.4

0.6

0.6

Zone 10

S-21-823

352.5

354

1.5

0.98

0.98

Zone 10

S-21-823

354

355.5

1.5

0.2

0.2

Zone 10

S-21-823

355.5

357

1.5

0.01

0.01

Zone 10

S-21-823

357

358.5

1.5

0.01

0.01

Zone 10

S-21-823

358.5

360

1.5

0

0

Zone 10

S-21-823

360

361.5

1.5

0

0

Zone 10

S-21-823

361.5

363

1.5

0

0

Zone 10

S-21-823

363

364.3

1.3

0.18

0.18

Zone 10

S-21-823

364.3

365.8

1.5

1.81

1.81

Zone 10

S-21-823

365.8

367

1.2

2.25

2.25

Zone 10

S-21-823

367

367.5

0.5

0.68

0.68

Zone 10

S-21-823

367.5

368.8

1.3

4.59

4.59

Zone 10

S-21-823

368.8

370

1.2

0.49

0.49

Zone 10

S-21-823

370

370.8

0.8

3.77

3.77

Zone 10

S-21-823

370.8

372.1

1.3

2.46

2.46

Zone 10

S-21-823

372.1

373.5

1.4

0.2

0.2

Zone 10

S-21-823

373.5

375

1.5

0.01

0.01

Zone 10

S-21-823

375

376.4

1.4

0.01

0.01

Zone 10

S-21-823

376.4

377.3

0.9

40.8

35

Zone 10

S-21-823

377.3

378

0.7

0.27

0.27

Zone 10

 

 

 

 

 

 

 

Hole No.

From (m)

To (m)

Core length (m)

Grade (g/t Au)

Cut grade (35 g/t Au)

Sector

S-21-831

402

403.5

1.5

0

0

Zone 10

S-21-831

403.5

405

1.5

0

0

Zone 10

S-21-831

405

406.1

1.1

0.04

0.04

Zone 10

S-21-831

406.1

406.9

0.8

0.02

0.02

Zone 10

S-21-831

406.9

408.4

1.5

0.36

0.36

Zone 10

S-21-831

408.4

409.6

1.2

0.01

0.01

Zone 10

S-21-831

409.6

410.6

1

0.06

0.06

Zone 10

S-21-831

410.6

411.9

1.3

49.1

35

Zone 10

S-21-831

411.9

413.3

1.4

0.03

0.03

Zone 10

S-21-831

413.3

414.6

1.3

0.01

0.01

Zone 10

S-21-831

414.6

416.1

1.5

0.01

0.01

Zone 10

S-21-831

416.1

417.6

1.5

0

0

Zone 10

S-21-831

417.6

418.5

0.9

0

0

Zone 10

S-21-831

418.5

419.6

1.1

0.05

0.05

Zone 10

S-21-831

419.6

421.1

1.5

0.01

0.01

Zone 10

S-21-831

421.1

422.1

1

0.04

0.04

Zone 10

S-21-831

422.1

423.2

1.1

0.05

0.05

Zone 10

S-21-831

423.2

424.5

1.3

0

0

Zone 10

S-21-831

424.5

426

1.5

0.29

0.29

Zone 10

S-21-831

426

426.6

0.6

0.08

0.08

Zone 10

S-21-831

426.6

427.2

0.6

6.1

6.1

Zone 10

S-21-831

427.2

427.9

0.7

0.09

0.09

Zone 10

S-21-831

427.9

428.7

0.8

5.19

5.19

Zone 10

S-21-831

428.7

430

1.3

0.02

0.02

Zone 10

S-21-831

430

431

1

0.15

0.15

Zone 10

S-21-831

431

432.2

1.2

0.23

0.23

Zone 10

S-21-831

432.2

433

0.8

2.23

2.23

Zone 10

S-21-831

433

434.2

1.2

1.78

1.78

Zone 10

S-21-831

434.2

435.2

1

2.13

2.13

Zone 10

S-21-831

435.2

436.3

1.1

7.63

7.63

Zone 10

S-21-831

436.3

437

0.7

0.56

0.56

Zone 10

S-21-831

437

437.8

0.8

6.64

6.64

Zone 10

S-21-831

437.8

439

1.2

1.33

1.33

Zone 10

S-21-831

439

440.1

1.1

0.02

0.02

Zone 10

S-21-831

440.1

441.1

1

0.03

0.03

Zone 10

S-21-831

441.1

442.6

1.5

0.01

0.01

Zone 10

S-21-831

442.6

443.5

0.9

0.07

0.07

Zone 10

S-21-831

443.5

444.1

0.6

0.06

0.06

Zone 10

S-21-831

444.1

444.6

0.5

0.45

0.45

Zone 10

S-21-831

444.6

445.7

1.1

0.08

0.08

Zone 10

S-21-831

445.7

447

1.3

0.03

0.03

Zone 10

S-21-831

447

448.4

1.4

6.27

6.27

Zone 10

S-21-831

448.4

449.5

1.1

3.92

3.92

Zone 10

S-21-831

449.5

451

1.5

1.45

1.45

Zone 10

S-21-831

451

452

1

0.29

0.29

Zone 10

S-21-831

452

453

1

0.01

0.01

Zone 10

S-21-831

453

454.2

1.2

0.13

0.13

Zone 10

S-21-831

454.2

455

0.8

0.2

0.2

Zone 10

S-21-831

455

455.5

0.5

5.96

5.96

Zone 10

S-21-831

455.5

456.6

1.1

1.27

1.27

Zone 10

S-21-831

456.6

457.6

1

0.7

0.7

Zone 10

S-21-831

457.6

458.5

0.9

2.66

2.66

Zone 10

S-21-831

458.5

460

1.5

8.06

8.06

Zone 10

S-21-831

460

461.1

1.1

2.32

2.32

Zone 10

S-21-831

461.1

462

0.9

1.98

1.98

Zone 10

S-21-831

462

463.5

1.5

6.86

6.86

Zone 10

S-21-831

463.5

465

1.5

1.78

1.78

Zone 10

S-21-831

465

466.2

1.2

3.54

3.54

Zone 10

S-21-831

466.2

467.2

1

2.57

2.57

Zone 10

S-21-831

467.2

468

0.8

2.76

2.76

Zone 10

S-21-831

468

468.8

0.8

1.84

1.84

Zone 10

S-21-831

468.8

470.2

1.4

2.42

2.42

Zone 10

S-21-831

470.2

471

0.8

2.25

2.25

Zone 10

S-21-831

471

472.5

1.5

0.7

0.7

Zone 10

S-21-831

472.5

474

1.5

1.2

1.2

Zone 10

 

 

 

 

 

 

 

Hole No.

From (m)

To (m)

Core length (m)

Grade (g/t Au)

Cut grade (35 g/t Au)

Sector

S-22-837

419

420.2

1.2

1.4

1.4

Zone 10

S-22-837

420.2

421.6

1.4

0.36

0.36

Zone 10

S-22-837

421.6

423.1

1.5

0.59

0.59

Zone 10

S-22-837

423.1

424.5

1.4

0.5

0.5

Zone 10

S-22-837

424.5

426

1.5

0.43

0.43

Zone 10

S-22-837

426

427.1

1.1

0.5

0.5

Zone 10

S-22-837

427.1

428.1

1

0.28

0.28

Zone 10

S-22-837

428.1

428.9

0.8

0.28

0.28

Zone 10

S-22-837

428.9

430.1

1.2

0.44

0.44

Zone 10

S-22-837

430.1

431.5

1.4

0.49

0.49

Zone 10

S-22-837

431.5

432.5

1

1.04

1.04

Zone 10

 

 

 

 

 

 

 

Hole No.

From (m)

To (m)

Core length (m)

Grade (g/t Au)

Cut grade (35 g/t Au)

Sector

S-22-840

395.1

396.1

1

5.64

5.64

Zone 10

S-22-840

396.1

397.5

1.4

0.36

0.36

Zone 10

S-22-840

397.5

399

1.5

0.08

0.08

Zone 10

S-22-840

399

400.5

1.5

0.18

0.18

Zone 10

S-22-840

400.5

402

1.5

0.01

0.01

Zone 10

S-22-840

402

403.5

1.5

0.01

0.01

Zone 10

S-22-840

403.5

405

1.5

0.01

0.01

Zone 10

S-22-840

405

405.8

0.8

0.01

0.01

Zone 10

S-22-840

405.8

407.25

1.45

2.42

2.42

Zone 10

 

 

 

 

 

 

 

Hole No.

From (m)

To (m)

Core length (m)

Grade (g/t Au)

Cut grade (35 g/t Au)

Sector

S-22-842

344.8

345.3

0.5

0.27

0.27

Zone 10

S-22-842

345.3

346

0.7

0.08

0.08

Zone 10

S-22-842

346

347

1

11.4

11.4

Zone 10

S-22-842

347

348.5

1.5

0.42

0.42

Zone 10

 

 

 

 

 

 

 

Hole No.

From (m)

To (m)

Core length (m)

Grade (g/t Au)

Cut grade (35 g/t Au)

Sector

S-22-852

330.5

331.5

1

18.95

18.95

Zone 10

S-22-852

331.5

332.1

0.6

0.17

0.17

Zone 10

S-22-852

332.1

332.7

0.6

0.14

0.14

Zone 10

S-22-852

332.7

334.1

1.4

0.01

0.01

Zone 10

S-22-852

334.1

335.1

1

0.01

0.01

Zone 10

S-22-852

335.1

336.6

1.5

0.17

0.17

Zone 10

S-22-852

336.6

337.6

1

1.38

1.38

Zone 10

S-22-852

337.6

339

1.4

16.6

16.6

Zone 10

S-22-852

339

340.3

1.3

2.2

2.2

Zone 10

S-22-852

340.3

340.8

0.5

1.64

1.64

Zone 10

S-22-852

340.8

341.8

1

0.26

0.26

Zone 10

S-22-852

341.8

342.8

1

0.85

0.85

Zone 10

S-22-852

342.8

343.8

1

0.51

0.51

Zone 10

S-22-852

343.8

345

1.2

0.08

0.08

Zone 10

S-22-852

345

346.3

1.3

1.56

1.56

Zone 10

S-22-852

346.3

347

0.7

5.44

5.44

Zone 10

S-22-852

347

348.2

1.2

0.6

0.6

Zone 10

S-22-852

348.2

349.2

1

0.51

0.51

Zone 10

S-22-852

349.2

349.8

0.6

0.35

0.35

Zone 10

S-22-852

349.8

350.6

0.8

4.46

4.46

Zone 10

 

 

 

 

 

 

 

Hole No.

From (m)

To (m)

Core length (m)

Grade (g/t Au)

Cut grade (35 g/t Au)

Sector

S-22-853

339

339.7

0.7

3.86

3.86

Zone 10

S-22-853

339.7

340.9

1.2

0.44

0.44

Zone 10

S-22-853

340.9

341.5

0.6

5.89

5.89

Zone 10

 

 

 

 

 

 

 

Hole No.

From (m)

To (m)

Core length (m)

Grade (g/t Au)

Cut grade (35 g/t Au)

Sector

S-22-853

372

373.5

1.5

1.15

1.15

Zone 10

S-22-853

373.5

374.5

1

0.08

0.08

Zone 10

S-22-853

374.5

375

0.5

1.97

1.97

Zone 10

S-22-853

375

375.6

0.6

0.72

0.72

Zone 10

S-22-853

375.6

376.5

0.9

1.45

1.45

Zone 10

S-22-853

376.5

378

1.5

0

0

Zone 10

S-22-853

378

379

1

0

0

Zone 10

S-22-853

379

379.9

0.9

0.15

0.15

Zone 10

S-22-853

379.9

380.9

1

9.65

9.65

Zone 10

 

 

 

 

 

 

 

Hole No.

From (m)

To (m)

Core length (m)

Grade (g/t Au)

Cut grade (35 g/t Au)

Sector

S-22-853

389

390

1

0.91

0.91

Zone 10

S-22-853

390

391

1

0

0

Zone 10

S-22-853

391

392

1

1.23

1.23

Zone 10

S-22-853

392

393

1

0.87

0.87

Zone 10

S-22-853

393

394.5

1.5

1.7

1.7

Zone 10

 

 

 

 

 

 

 

Hole No.

From (m)

To (m)

Core length (m)

Grade (g/t Au)

Cut grade (35 g/t Au)

Sector

S-22-853

484.7

485.5

0.8

9.67

9.67

Zone 10

S-22-853

485.5

486.5

1

0.42

0.42

Zone 10

S-22-853

486.5

487.5

1

0.03

0.03

Zone 10

 

 

 

 

 

 

 

Hole No.

From (m)

To (m)

Core length (m)

Grade (g/t Au)

Cut grade (35 g/t Au)

Sector

S-22-854

234.8

236

1.2

2.91

2.91

Zone 10

S-22-854

236

237.3

1.3

5.9

5.9

Zone 10

S-22-854

237.3

238.5

1.2

0.45

0.45

Zone 10

S-22-854

238.5

239.4

0.9

0.49

0.49

Zone 10

S-22-854

239.4

240.2

0.8

0.35

0.35

Zone 10

S-22-854

240.2

241

0.8

0.35

0.35

Zone 10

S-22-854

241

242.5

1.5

0.47

0.47

Zone 10

 

 

 

 

 

 

 

Hole No.

From (m)

To (m)

Core length (m)

Grade (g/t Au)

Cut grade (35 g/t Au)

Sector

S-22-854

379.5

380.5

1

0.32

0.32

Zone 10

S-22-854

380.5

381.5

1

5.78

5.78

Zone 10

S-22-854

381.5

382.5

1

0.31

0.31

Zone 10

S-22-854

382.5

384

1.5

0.13

0.13

Zone 10

 

 

 

 

 

 

 

Hole No.

From (m)

To (m)

Core length (m)

Grade (g/t Au)

Cut grade (35 g/t Au)

Sector

S-22-855

469.8

471.1

1.3

2.14

2.14

Zone 10

S-22-855

471.1

472

0.9

0.02

0.02

Zone 10

S-22-855

472

472.5

0.5

9.61

9.61

Zone 10

S-22-855

472.5

474

1.5

1.16

1.16

Zone 10

S-22-855

474

475.5

1.5

0.14

0.14

Zone 10

S-22-855

475.5

476.2

0.7

4.39

4.39

Zone 10

S-22-855

476.2

477.5

1.3

0.01

0.01

Zone 10

S-22-855

477.5

478.2

0.7

0.22

0.22

Zone 10

S-22-855

478.2

479.4

1.2

0.32

0.32

Zone 10

S-22-855

479.4

480.4

1

1.58

1.58

Zone 10

 

 

 

 

 

 

 

Hole No.

From (m)

To (m)

Core length (m)

Grade (g/t Au)

Cut grade (35 g/t Au)

Sector

S-22-855

508.2

509.4

1.2

2.13

2.13

Zone 10

S-22-855

509.4

510.3

0.9

0.42

0.42

Zone 10

S-22-855

510.3

511.2

0.9

0.02

0.02

Zone 10

S-22-855

511.2

512.5

1.3

7.35

7.35

Zone 10

S-22-855

512.5

513.9

1.4

0.01

0.01

Zone 10

S-22-855

513.9

515.3

1.4

2.93

2.93

Zone 10


Table 2: Kiena Complex Surface Drilling Assay and Composite Results for Dubuisson Zone

Composites

DUBUISSON ZONE
3 gt over 3m

 

 

Hole No.

Name zone

From
(m)

To
(m)

Core length
(m)

Estimated
true width
(m)

Grade
(g/t Au)

Cut grade
(50 g/t Au)

 

DB-22-001

NEW AREA

73.0

97.0

24.00

 

5.01

4.60

 

DUB_2

194.5

202.5

8.00

5.55

8.14

8.14

 

 

 

 

 

 

 

 

 

 

DB-22-002





NEW AREA

159.3

164.6

5.30

 

3.90

3.90

 

NEW AREA

175.3

181.0

5.70

 

4.06

4.06

 

DUB_1

201.6

210.9

9.30

4.59

4.98

4.98

 

DUB_2

241.9

247.5

5.60

3.02

11.96

11.87

 

 

 

 

 

 

 

 

 

 

DB-22-003









NEW AREA

72.3

75.7

3.40

 

4.12

4.12

 

NEW AREA

87.0

93.5

6.50

 

3.50

3.50

 

DUB_2

184.5

209.7

25.20

17.22

9.80

9.80

 

Incl.

185.7

189

3.30

2.05

17.26

17.26

 

Incl.

191

194

3.00

1.91

10.42

10.42

 

Incl.

201.7

209.7

8.00

5.47

12.95

12.95

 

 

 

 

 

 

 

 

 

 

DB-22-004

DUB_3

250.5

254.7

4.20

2.57

11.43

11.43

 

 

 

 

 

 

 

 

 

 

DB-22-005

DUB_3

257.7

263.1

5.40

3.51

5.17

5.17

 

 

 

 

 

 

 

 

 

 

DB-22-009

NEW AREA

452.3

457.9

5.60

 

3.27

3.27

 

 

 

 

 

 

 

 

 

 

DB-22-011



NEW AREA

28.7

47.0

18.30

 

5.44

5.44

 

Incl.

39.5

47.0

7.50

 

7.51

7.51

 

NEW AREA

68.7

75.6

6.90

 

4.54

4.54

 

Assays

Hole No.

From (m)

To (m)

Core length (m)

Grade (g/t Au)

Cut grade (50 g/t Au)

Name zone

DB-22-001

73

74

1

10

10

NEW AREA

DB-22-001

74

75

1

0.17

0.17

NEW AREA

DB-22-001

75

76

1

6.39

6.39

NEW AREA

DB-22-001

76

77.3

1.3

9.9

9.9

NEW AREA

DB-22-001

77.3

78

0.7

0.1

0.1

NEW AREA

DB-22-001

78

79

1

58.8

50

NEW AREA

DB-22-001

79

80

1

1.98

1.98

NEW AREA

DB-22-001

80

81

1

1.54

1.54

NEW AREA

DB-22-001

81

82.05

1.05

1.96

1.96

NEW AREA

DB-22-001

82.05

83

0.95

0.81

0.81

NEW AREA

DB-22-001

83

84

1

1.62

1.62

NEW AREA

DB-22-001

84

85

1

0.02

0.02

NEW AREA

DB-22-001

85

86.2

1.2

0.02

0.02

NEW AREA

DB-22-001

86.2

87.6

1.4

3.03

3.03

NEW AREA

DB-22-001

87.6

88.6

1

5.89

5.89

NEW AREA

DB-22-001

88.6

90

1.4

0.16

0.16

NEW AREA

DB-22-001

90

91

1

2.94

2.94

NEW AREA

DB-22-001

91

92

1

3.97

3.97

NEW AREA

DB-22-001

92

93

1

3.01

3.01

NEW AREA

DB-22-001

93

93.8

0.8

0.59

0.59

NEW AREA

DB-22-001

93.8

94.8

1

0.35

0.35

NEW AREA

DB-22-001

94.8

95.8

1

0

0

NEW AREA

DB-22-001

95.8

97

1.2

2.26

2.26

NEW AREA

 

 

 

 

 

 

 

Hole No.

From (m)

To (m)

Core length (m)

Grade (g/t Au)

Cut grade (50 g/t Au)

Name zone

DB-22-001

194.5

196

1.5

1.3

1.3

DUB_2

DB-22-001

196

197

1

0.46

0.46

DUB_2

DB-22-001

197

198

1

0.96

0.96

DUB_2

DB-22-001

198

199.5

1.5

28.2

28.2

DUB_2

DB-22-001

199.5

201

1.5

11.6

11.6

DUB_2

DB-22-001

201

202.5

1.5

1.39

1.39

DUB_2

 

 

 

 

 

 

 

Hole No.

From (m)

To (m)

Core length (m)

Grade (g/t Au)

Cut grade (50 g/t Au)

Name zone

DB-22-002

159.3

160.4

1.1

5.48

5.48

NEW AREA

DB-22-002

160.4

161.4

1

6.52

6.52

NEW AREA

DB-22-002

161.4

162.4

1

2.1

2.1

NEW AREA

DB-22-002

162.4

163.4

1

4.73

4.73

NEW AREA

DB-22-002

163.4

164.6

1.2

1.06

1.06

NEW AREA

 

 

 

 

 

 

 

Hole No.

From (m)

To (m)

Core length (m)

Grade (g/t Au)

Cut grade (50 g/t Au)

Name zone

DB-22-002

175.3

176.5

1.2

6.21

6.21

NEW AREA

DB-22-002

176.5

177.6

1.1

5.01

5.01

NEW AREA

DB-22-002

177.6

178.6

1

2

2

NEW AREA

DB-22-002

178.6

180

1.4

4.11

4.11

NEW AREA

DB-22-002

180

181

1

2.4

2.4

NEW AREA

 

 

 

 

 

 

 

Hole No.

From (m)

To (m)

Core length (m)

Grade (g/t Au)

Cut grade (50 g/t Au)

Name zone

DB-22-002

201.6

203

1.4

2.91

2.91

DUB_1

DB-22-002

203

204

1

6.42

6.42

DUB_1

DB-22-002

204

205

1

10.55

10.55

DUB_1

DB-22-002

205

206.2

1.2

0.5

0.5

DUB_1

DB-22-002

206.2

207.2

1

12.45

12.45

DUB_1

DB-22-002

207.2

208.1

0.9

2.25

2.25

DUB_1

DB-22-002

208.1

209.1

1

2.6

2.6

DUB_1

DB-22-002

209.1

210.4

1.3

0.07

0.07

DUB_1

DB-22-002

210.4

210.9

0.5

14.95

14.95

DUB_1

 

 

 

 

 

 

 

Hole No.

From (m)

To (m)

Core length (m)

Grade (g/t Au)

Cut grade (50 g/t Au)

Name zone

DB-22-002

241.9

243

1.1

1.93

1.93

DUB_2

DB-22-002

243

244

1

50.5

50

DUB_2

DB-22-002

244

245

1

0.13

0.13

DUB_2

DB-22-002

245

246.2

1.2

9.02

9.02

DUB_2

DB-22-002

246.2

247.5

1.3

2.6

2.6

DUB_2

 

 

 

 

 

 

 

Hole No.

From (m)

To (m)

Core length (m)

Grade (g/t Au)

Cut grade (50 g/t Au)

Name zone

DB-22-003

72.3

73.7

1.4

2.17

2.17

NEW AREA

DB-22-003

73.7

75

1.3

7.69

7.69

NEW AREA

DB-22-003

75

75.7

0.7

1.38

1.38

NEW AREA

 

 

 

 

 

 

 

Hole No.

From (m)

To (m)

Core length (m)

Grade (g/t Au)

Cut grade (50 g/t Au)

Name zone

DB-22-003

87

88.5

1.5

6.25

6.25

NEW AREA

DB-22-003

88.5

89.5

1

0.83

0.83

NEW AREA

DB-22-003

89.5

90.5

1

1.78

1.78

NEW AREA

DB-22-003

90.5

91.5

1

1.68

1.68

NEW AREA

DB-22-003

91.5

92.8

1.3

0.74

0.74

NEW AREA

DB-22-003

92.8

93.5

0.7

11.65

11.65

NEW AREA

 

 

 

 

 

 

 

Hole No.

From (m)

To (m)

Core length (m)

Grade (g/t Au)

Cut grade (50 g/t Au)

Name zone

DB-22-003

184.5

185.7

1.2

1.4

1.4

DUB_2

DB-22-003

185.7

187

1.3

29.6

29.6

DUB_2

DB-22-003

187

188

1

9.14

9.14

DUB_2

DB-22-003

188

189

1

9.33

9.33

DUB_2

DB-22-003

189

190

1

2.25

2.25

DUB_2

DB-22-003

190

191

1

2.97

2.97

DUB_2

DB-22-003

191

192

1

4.48

4.48

DUB_2

DB-22-003

192

193

1

21.9

21.9

DUB_2

DB-22-003

193

194

1

4.87

4.87

DUB_2

DB-22-003

194

195

1

0.07

0.07

DUB_2

DB-22-003

195

196

1

7.36

7.36

DUB_2

DB-22-003

196

197

1

2.86

2.86

DUB_2

DB-22-003

197

197.9

0.9

0.38

0.38

DUB_2

DB-22-003

197.9

198.9

1

32.9

32.9

DUB_2

DB-22-003

198.9

199.9

1

2.58

2.58

DUB_2

DB-22-003

199.9

200.7

0.8

1.93

1.93

DUB_2

DB-22-003

200.7

201.7

1

0.63

0.63

DUB_2

DB-22-003

201.7

202.5

0.8

11.75

11.75

DUB_2

DB-22-003

202.5

203.5

1

40.5

40.5

DUB_2

DB-22-003

203.5

204.5

1

14.05

14.05

DUB_2

DB-22-003

204.5

205.7

1.2

1.82

1.82

DUB_2

DB-22-003

205.7

206.7

1

1.14

1.14

DUB_2

DB-22-003

206.7

207.7

1

15.2

15.2

DUB_2

DB-22-003

207.7

208.7

1

17.25

17.25

DUB_2

DB-22-003

208.7

209.7

1

3.89

3.89

DUB_2

 

 

 

 

 

 

 

Hole No.

From (m)

To (m)

Core length (m)

Grade (g/t Au)

Cut grade (50 g/t Au)

Name zone

DB-22-004

250.5

251.5

1

8

8

DUB_3

DB-22-004

251.5

252.5

1

3.05

3.05

DUB_3

DB-22-004

252.5

253.7

1.2

4.03

4.03

DUB_3

DB-22-004

253.7

254.7

1

32.1

32.1

DUB_3

 

 

 

 

 

 

 

Hole No.

From (m)

To (m)

Core length (m)

Grade (g/t Au)

Cut grade (50 g/t Au)

Name zone

DB-22-005

257.7

258.2

0.5

1.03

1.03

DUB_3

DB-22-005

258.2

259.4

1.2

1.48

1.48

DUB_3

DB-22-005

259.4

260.4

1

1.66

1.66

DUB_3

DB-22-005

260.4

261.2

0.8

0.07

0.07

DUB_3

DB-22-005

261.2

262.1

0.9

0.04

0.04

DUB_3

DB-22-005

262.1

263.1

1

23.9

23.9

DUB_3

 

 

 

 

 

 

 

Hole No.

From (m)

To (m)

Core length (m)

Grade (g/t Au)

Cut grade (50 g/t Au)

Name zone

DB-22-009

452.3

453.3

1

6.52

6.52

NEW AREA

DB-22-009

453.3

454.5

1.2

1.98

1.98

NEW AREA

DB-22-009

454.5

455.5

1

0.96

0.96

NEW AREA

DB-22-009

455.5

456.4

0.9

7.82

7.82

NEW AREA

DB-22-009

456.4

457.4

1

0.02

0.02

NEW AREA

DB-22-009

457.4

457.9

0.5

1.44

1.44

NEW AREA

 

 

 

 

 

 

 

Hole No.

From (m)

To (m)

Core length (m)

Grade (g/t Au)

Cut grade (50 g/t Au)

Name zone

DB-22-011

28.7

29.7

1

7.81

7.81

NEW AREA

DB-22-011

29.7

30.7

1

0.09

0.09

NEW AREA

DB-22-011

30.7

31.7

1

29.5

29.5

NEW AREA

DB-22-011

31.7

32.6

0.9

0.41

0.41

NEW AREA

DB-22-011

32.6

33.6

1

2.86

2.86

NEW AREA

DB-22-011

33.6

34.6

1

0.14

0.14

NEW AREA

DB-22-011

34.6

36

1.4

1.44

1.44

NEW AREA

DB-22-011

36

37

1

0.31

0.31

NEW AREA

DB-22-011

37

38.5

1.5

0.02

0.02

NEW AREA

DB-22-011

38.5

39.5

1

0.06

0.06

NEW AREA

DB-22-011

39.5

40.5

1

2.83

2.83

NEW AREA

DB-22-011

40.5

42

1.5

1.2

1.2

NEW AREA

DB-22-011

42

43

1

0.13

0.13

NEW AREA

DB-22-011

43

44

1

39.4

39.4

NEW AREA

DB-22-011

44

45

1

3.72

3.72

NEW AREA

DB-22-011

45

45.9

0.9

0.1

0.1

NEW AREA

DB-22-011

45.9

47

1.1

7.59

7.59

NEW AREA

 

 

 

 

 

 

 

Hole No.

From (m)

To (m)

Core length (m)

Grade (g/t Au)

Cut grade (50 g/t Au)

Name zone

DB-22-011

68.7

69.7

1

12.25

12.25

NEW AREA

DB-22-011

69.7

70.7

1

1.3

1.3

NEW AREA

DB-22-011

70.7

72

1.3

4.95

4.95

NEW AREA

DB-22-011

72

73

1

1.1

1.1

NEW AREA

DB-22-011

73

74

1

3.69

3.69

NEW AREA

DB-22-011

74

74.8

0.8

3.26

3.26

NEW AREA

DB-22-011

74.8

75.6

0.8

4.91

4.91

NEW AREA


Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/7b03279d-6d33-44c4-b1fa-c19a8f830106

https://www.globenewswire.com/NewsRoom/AttachmentNg/8cf63329-7b6d-4bdc-b220-d48acd4299c8

https://www.globenewswire.com/NewsRoom/AttachmentNg/f0b24892-f33c-4d1f-86be-ff6e3d585e90

https://www.globenewswire.com/NewsRoom/AttachmentNg/e6c7cb72-d002-42ed-aa8c-bef1b3e3daf1

PDF available: http://ml.globenewswire.com/Resource/Download/a2607276-aaa5-443b-a01b-d28da1fc49c9