• Connect with us
  • Information
    • About Us
    • Contact Us
    • Careers
    • Partnerships
    • Advertise With Us
    • Authors
    • Browse Topics
    • Events
    • Disclaimer
    • Privacy Policy
  • WORLD EDITION
    Australia
    North America
    World
Login
Investing News NetworkYour trusted source for investing success
  • WORLD EDITION
    North America
    Australia
    World
  • My INN
Videos
Companies
Press Releases
Private Placements
SUBSCRIBE
  • Reports & Guides
    • Market Outlook Reports
    • Investing Guides
  • Button
Resource
  • Precious Metals
  • Battery Metals
  • Base Metals
  • Energy
  • Critical Minerals
Tech
Life Science
Gold Market
Gold News
Gold Stocks
Gold Price
  • Gold Market
  • Gold News
  • Gold Stocks
  • Gold Price

Detour Gold Reports 'Encouraging' Results from Lower Detour

Written by Charlotte McLeod
|
Oct. 20, 2015 04:42PM PST

Detour Gold Corp. (TSX:DGC) released initial results from 2015 summer drilling at Lower Detour, located about 6 kilometers from its Detour Lake gold mine.

Detour Gold Corp. (TSX:DGC) released initial results from 2015 summer drilling at Lower Detour, located about 6 kilometers from its Detour Lake gold mine.
As quoted in the press release:

The Company started the infill drilling program of 30,000 metres at 50 metres spacing in June 2015 to confirm the continuity and extent of the gold mineralization within Zone 58N. Results for the first 34 holes totaling 14,800 metres demonstrated continuity of the mineralization with visible gold observed in all but five holes. To date, gold mineralization has been intersected over an east-west strike length of 450 metres, from surface to a depth of 550 metres. The mineralized system remains open at depth and down plunge to the east.
Once the Company receives the results from the eastern and deeper holes and completes the interpretation of Zone 58N, it will be in a position to consider the option of proceeding with underground definition drilling and/or surface infill drilling of the upper portion of the deposit at a closer spacing.

Paul Martin, president and CEO of Detour Gold, commented:

The excellent results from the first half of the infill drilling program are encouraging and once we receive the assays from the deeper holes of Zone 58N, we can better assess the underground potential of this high-grade target. The exploration successes at Detour Lake and Block A, and now at Lower Detour, highlight the potential for a significant mining camp on our large land package.

Click here to read the full Detour Gold Corp. (TSX:DGC) press release.

detour gold tsx:dgc
The Conversation (0)

Go Deeper

AI Powered

AGNICO EAGLE PROVIDES AN UPDATE ON 2023 EXPLORATION RESULTS AND 2024 EXPLORATION PLANS - MINERAL RESERVES UP 10.5% YEAR-OVER-YEAR TO 54 MOZ; INITIAL MINERAL RESERVES OF 5.2 MOZ DECLARED AT EAST GOULDIE; INITIAL UNDERGROUND MINERAL RESOURCES DECLARED AT DETOUR LAKE OF 1.6 MOZ

Detour Gold To Access Cash From Bought-Deal Financing Before Production Starts

Latest News

Outlook Reports

Resource
  • Precious Metals
    • Gold
    • Silver
  • Battery Metals
    • Lithium
    • Cobalt
    • Graphite
    • Electric Vehicles
  • Agriculture
  • Base Metals
    • Copper
    • Nickel
    • Zinc
  • Critical Metals
    • Rare Earths
  • Energy
    • Uranium
    • Oil and Gas
Tech
    • Artificial Intelligence
    • Cybersecurity
    • Robotics
    • Crypto
    • Cleantech
Life Science
    • Biotech
    • Cannabis
    • Pharmaceuticals

Featured Stocks

More featured stocks

Browse Companies

Resource
  • Precious Metals
  • Battery Metals
  • Energy
  • Base Metals
  • Critical Metals
Tech
Life Science
MARKETS
COMMODITIES
CURRENCIES