All seven diamond holes were completed as part of the 2,331.4-metre spring program, which targeted 100 – 150 metre down-dip extensions of existing holes. The work confirmed that the deposit within the Cheechoo tonalite remains open for priority follow-up exploration, CEO Tim Clark said in a news release Tuesday.
“As expected, we continued to find more Cheechoo-style gold mineralization and, through our drilling, gained more insight into the Cheechoo Tonalite,” he said about the project located 10 km south of Newmont’s (TSX: NGT; NYSE: NEM) 270,000-oz.-gold-per-year Éléonore mine, hosts the 5 million oz.-plus Roberto gold deposit.
But before the summer program can get underway, the company must complete a biogeochemical sampling grid on an area it recently acquired from Newmont. Fury reported in March it has discovered a geochemical gold anomaly within the same sedimentary rock package that hosts the Éléonore…
