The latest drill results continue to demonstrate significant expansion potential of the Fenelon gold deposit, both within and beyond its known footprint. As outlined in the 2021 mineral resource estimate (MRE), Fenelon currently contains 36 million indicated tonnes grading 1.84 g/t gold for 2.1 million contained oz. and 29 million inferred tonnes at 1.57 g/t for 1.5 million contained oz.
Within the MRE footprint was an intercept of 2.53 g/t gold over 27.5 metres in the Interstellar 3 zone of Area 51, about 80 metres below the underground exploration drift, demonstrating good continuity of this zone.
Drilling near the Contact zone, in a new Area 51 zone southeast of the MRE, yielded 2.14 g/t gold over 15.5 metres, including 4.83 g/t gold over 2.1 metres and 5.2 g/t gold over 4 metres; 1.35 g/t gold over 19.5 metres, including 6.76 g/t gold over 3 metres; and 37.55 g/t gold over 0.55 metre. There was also an intercept of 0.95 g/t…
