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Nouveau Monde Planning West Zone Resource Estimate for Q1 2016
Nouveau Monde Mining Enterprises Inc. (TSXV:NOU) announced complete drill results from the West zone, located at the Tony claim block at its Matawinie graphite property. Drilling was completed as part of a 2015 exploration program at Tony.
Nouveau Monde Mining Enterprises Inc. (TSXV:NOU) announced complete drill results from the West zone, located at the Tony claim block at its Matawinie graphite property. Drilling was completed as part of a 2015 exploration program at Tony.
As quoted in the press release:
An extensive trenching and drilling (totaling over 10,000 m) program was initiated in June of 2015 on the claim block. The objective of the work was to define before year-end a Mineral Resource Estimate, completed in accordance with the NI 43-101 guidelines, for the South-East and South-West zones (see December 15, 2015 press release). Regarding the West Zone, the resource estimate is scheduled to be completed during the first quarter of 2016. A preliminary economic assessment regarding these three mineralized zones is expected during the first half of 2016.
To date, 70 core drill holes ranging in length from 33 m to 253 m were drilled over the Tony claim block in 2015 for a total of 10,479 m. The operation generated 4,314 samples. Most of the drilling was concentrated on the South-East, South-West and West Zones. The graphitic mineralization is mostly encased within paragneiss units. Â The West zone had seen prior trenching and channel sampling in 2014 (see September 23, 2014 press release).
The drilling campaign on the West Zone consists of 27 holes totaling 4,546 m. The complete West Zone drilling results can be consult in the downloading file whereas the main results are presented in Table 1 below. The highlight for this zone is the large width of the mineralized envelope which comprises four graphitic horizons numbered W0, W1, W2 and W3 (see the West Zone 3D Model). These horizons can be followed from sections W100 to W2100 (a distance of 2000 m).
Click here to read the full Nouveau Monde Mining Enterprises Inc. (TSXV:NOU) press release.
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