To date, the company has drilled 13 holes for 9,591 metres at the 9620-level. The zones are located between 10 and 200 meters south of existing infrastructure.
Here are the highlights of the recent high-grade assays at the 9620-level:
- 7.41 g/t gold over 22.0 metres, including 15.84 g/t gold over 6.0 metres;
- 19.94 g/t gold over 4.6 metres;
- 21.86 g/t gold over 4.0 metres;
And at the 9500-level:
- 0.73 g/t gold over 15.6 metres.
The newer style of gold mineralization “has the potential to provide meaningful production upside,” company president and CEO John A. McCluskey said in the statement.
Intersected grades are “well above” current mineral reserve grades of 2.31 g/t of gold, the company said.
The 2024 exploration drilling program at Young-Davidson will include 21,600 meters of underground exploration drilling and 1,070 meters of underground exploration development to extend drill platforms on multiple levels. It will…
