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NioGold Mining Corp. (TSXV:NOX,OTCQX:NOXGF) announced results from the first 15 diamond drill holes completed as part of its current 40,000-meter infill drill program at the Marban deposit.
NioGold Mining Corp. (TSXV:NOX,OTCQX:NOXGF) announced results from the first 15 diamond drill holes completed as part of its current 40,000-meter infill drill program at the Marban deposit. Marban is located at the company’s Quebec-based Marban Block property.
Highlights include:
- 68.73 g/t Au over 4.1 m in hole MB-14-342 at a vertical depth of 145 m.
- 49.90 g/t Au over 3.5 m including 124.28 g/t Au over 1.1 m in hole MB-14-343 at a vertical depth of 250 m.
- 18.73 g/t Au over 0.9 m in hole MB-14-347 at a vertical depth of 50 m.
- 8.88 g/t Au over 4.0 m in hole MB-14-349 at a vertical depth of 155 m.
- 1.02 g/t Au over 42.3 m in hole MB-14-353 at a vertical depth of 325 m.
- 2.96 g/t Au over 5.5 m in hole MB-14-350 at a vertical depth of 165 m.
- 2.14 g/t Au over 9.7 m in hole MB-14-351 at a vertical depth of 490 m.
Robert Wares, president of NioGold, commented:
These preliminary results are very encouraging. They confirm the distribution of the mineralized zones, are increasing the confidence in the inferred resources and are locally filling gaps where no mineralization was known before, such as the intercept in MB-14-342 that produced 68.73 g/t Au over 4.1 m in the hanging wall of the deposit.
Click here to read the full NioGold Mining Corp. (TSXV:NOX,OTCQX:NOXGF) press release.