Orefinders Resources Inc. (TSXV:ORX) has report results from the first two drill holes of its recently completed seven-hole Phase I diamond drilling program at the Mirado Gold project near Kirkland Lake, Ontario.
Highlights from press release:
– MD13-01 intersected numerous gold zones with highlights: 2.39 g/t over 10.30m and 1.19 g/t over 39.60m including 3.06 g/t over 11.60m and 2.56 g/t over 12.20m.
– MD13-02 included 2.42 g/t over 26.70m including 83.50 g/t over 1.00m and 0.63 g/t over 30.70m and 48.60 g/t over 2.00m True widths are estimated to be 80% of reported widths. High grade gold zones with values reporting up to 137 g/t Au were capped to 31.10 g/t Au.
– Both drills were conducted in the Mirado South Zone proximal to historic open pit and underground mine workings, these results are encouraging and will help to further define near surface gold mineralization with bulk tonnage potential.