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Message: More Great Results This Morning!

This from Seeema this morning.  9.2 over 17.9 is a fantastic hit!

 

We reported the final set of results from 67 new holes from the 2022 drill program on the Courvan Gold Trend this morning (see attached NR).

bit.ly/43ooHdE

 

 

Here are the main highlights:

 

  • Expansion drilling at
    • North of the Former Bussiere Mine (near surface) returned new significant intercepts grading up to
      • 9.2 g/t Au over 17.9 metres (including 73.8 g/t Au over 1.0 metre and 77.1g/t Au over 0.8 metre)
      • 144g/t Au over 1 metre and 1.82 g/t Au over 44.5 metres
    • Under the Creek Deposit intersected parallel gold zones grading up to
      • 15.0 g/t Au over 5.8 metres (including 101 g/t Au over 0.8 metre) and
      • 75.6 g/t Au over 1.0 metre.
  • Infill drilling at Creek Deposit (near surface) intersected gold zones grading up to
    • 9.2 g/t Au over 11.2 metres (including 87.1 g/t Au over 1.0 metre) and
    • 2.3 g/t Au over 37.6 metres (including 62.8 g/t Au over 1 metre).
  • The results above will be included in the upcoming resource updates on the Courvan and Pascalis trend deposits expected next month.
  • For 2023 - 45,000 metres of the 53,000-metre drilling program at Novador has been completed.
  • 3 drills are active including 2 at Monique and 1 on regional exploration.

 

 

Bottom line

 

All the results from the 2022 drill program have been received and are consistent with previous findings, indicating improvement in grade and thickness. Our primary focus now is to update the resource assessments for Pascalis and Courvan, which will form the foundation for an updated economic study. This study will enable us to assess the possibility of increasing annual production, potentially leading to higher output levels.

 

In addition, the 2023 expansion program is progressing well, with over 45,000 meters already completed for future resource updates.

 

What’s next?

 

  • Updated resource estimate for Pascalis and Courvan deposits in June

 

Please don’t hesitate to reach out with your questions.

 

Thanks, and have a great day!

 

Seema

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