Rocmec Mining Inc. (TSXV:RMI) announced results from the surface exploration program at the Rocmec 1 property in Quebec. The property incorporates a 100 metres deep two compartment shaft and a 844 metres decline, which allows access to five levels (50, 70, 90, 110 and 130 metres). Channel sampling of the footwall discovered weakly anomalous gold values up to 85ppb and through the analysis of previous geological reports, the Company can confirm that the Lake Labyrinth Fault has been recognized over a distance of 4.5 km.
As quoted in the press release:
Highlights of a report to be submitted to the Ministry of Natural Resources in the coming weeks are:
- Cross-sections of the Boucher Zone intersected by diamond drilling allow for a reasonably precise projection of the trace of the zone at surface which has been found to correlate well with the previously mapped Lake Labyrinth Fault;
- Analysis of previous geological reports confirms that the Lake Labyrinth Fault has been recognized over a distance of 4.5 km extending across ground held by Rocmec;
- Outcrops on the shore of Lake Labyrinth occur expose the volcanic rocks of the footwall and a gabbroic intrusion on the hanging wall but the Boucher zone itself does not outcrop; channel sampling of the footwall encountered weakly anomalous gold values up to 85ppb. The contact is well defined by Magnetic survey;
-The Boucher Zone can now be related to a regional structure that has received little exploration in the past that offers good potential for further exploration, both in the immediate area of the mineralised zones already identified, as well along the extensive trace of the Lake Labyrinth Fault.
Nexus Gold Corp. (TSXV:NXS) is currently drilling on the Walker Ridge Gold Project in Nevada - a multiple target, Carlin-type gold exploration property. They have recently submitted an expanded Plan to increase the current 8 pad plan to 29 drill pads.
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