The Conversation (0)
Eagle Hill Exploration (TSXV:EAG) announced assay results from its 2012 drill program at the Windfall Lake Gold Deposit in Northwestern Quebec, which include wide intercepts of high grade gold mineralization near surface as a series of parallel lenses. Highlights include 5.53 g/t gold (Au) over 15.8 meters in drillhole EAG-12-441, and 14.74 g/t Au over 17.9 meters and 15.12 g/t Au over 4.2 meters .
As quoted in the press release:
With respect to the new findings, the Company completed several shallow diamond drill holes in the upper Extension of Zone 27 and was able to define its lateral continuity over more than 300 meters. The Zone 27 upper extension consists of a gold-rich lens plunging shallowly to the east and extending for more than 50 meters vertically with widths of up to 31 meters. Some of the best results for this zone include 5.53 g/t Au over 15.8 meters in drillhole EAG-12-441. In addition to their intersections in Zone 27, several of the shallow drill holes returned other significant intersections from parallel mineralized lenses in the first one hundred meters below the surface. The best results for the additional lenses include 14.74 g/t Au over 17.9 meters and 15.12 g/t Au over 4.2 meters as listed in the table below.
Eagle Hill President and CEO Brad Kitchen said:
These new results that expand the size of the near surface gold deposit in multiple lenses showing a consistent gold distribution. The broadening of the gold mineralization at such a shallow depth strengthens the case for a potential open pit operation for this part of the Windfall deposit. The grades for the near surface gold zones at Windfall Lake are much higher than that of traditional open pit operations. The feasibility for an open pit operation will need to be investigated in more detail but further validates management’s decision to commitment to cause the commencement of commercial production.
Click here to read the Eagle Hill Exploration (TSXV:EAG) press release
Click here to see the Eagle Hill Exploration (TSXV:EAG) profile.