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Kirkland Lake Gold-Queenston Joint Venture Report New Drill Results
Sep. 21, 2010 10:21AM PST
Gold InvestingKirkland Lake Gold Inc. (TSE:KGI) and Queenston Mining Inc. (TSE:QMI) announced the results from the recently completed drilling on the jointly held (50%-50%) South Claims and HM Claim Joint Venture properties within the South Mine Complex located south of KL Gold’s Macassa Mine in Kirkland Lake, Ontario.
Kirkland Lake Gold Inc. (TSX:KGI) and Queenston Mining Inc. (TSX:QMI) announced the results from the recently completed drilling on the jointly held (50%-50%) South Claims and HM Claim Joint Venture properties within the South Mine Complex located south of KL Gold’s Macassa Mine in Kirkland Lake, Ontario.
The press release is quoted as saying:
Four new underground diamond drill holes were completed from KL Gold’s 5300 level drift along the South Claims boundary. Hole 53-1634 intersected the New South Zone and contained high-grade gold mineralization assaying 3.32 ounces of gold per ton (“opt”) over a core length of 10.9 feet (1.96 opt cut over a true width of 9.7 feet). The other three holes (53-1610, 53-1611 and 53-1612) contained intersections of 0.66 opt over a core length of 2.6 feet, 0.37 opt over 1.0 foot and 0.82 opt over 2.5 feet, respectively, from new hanging wall and footwall zones but contained low gold values from the New South Zone.
Click here to access the entire press release