The Conversation (0)
Orefinders Resources Inc. (TSXV:ORX) provided updates on exploration activities currently underway at its Ontario gold projects. At the Mirado gold project in Kirkland Lake, the current, ongoing drill program continues to define and extend near surface, high grade bulk tonnage gold mineralization along strike and at depth at the South Zone. At the South Break project in Kirkland Lake, exploration has commenced. At Derlak-Red Lake, a Quantec Titan DCIP survey along the Madsen Trend on the extension of the Madsen gold deposit was completed during the winter.
As quoted in the press release:
At the Mirado gold project (Kirkland Lake) Orefinders has drilled a total of 29 holes (8,766 m) with assays pending for 1,605m of drilling. The current, ongoing drill program continues to define and extend near surface, high grade bulk tonnage gold mineralization along strike and at depth at the South Zone of the Mirado property. Drilling will also continue in the North Zone where new, steeply dipping, high grade gold mineralization has been intersected in multiple holes.
… At the recently acquired South Break project in Kirkland Lake (see March 12, 2013 press release), exploration has commenced on this new land package which covers 4 km of the regional ‘South Break” fault structure located along the Trans-Canada highway between Kirkland Lake and Larder Lake. … Orefinders will focus its exploration efforts in 2013 on the Mirado and South Break projects in the Kirkland Lake gold camp since both projects have potential for significant high grade gold mineralization in the near surface environment.
… At Derlak-Red Lake, Orefinders completed a Quantec Titan DCIP survey along the Madsen Trend on the extension of the Madsen gold deposit during the winter. A short three-hole drill program was recently completed that tested well mineralized Austin Tuff horizon and only low gold values were obtained. No further work is planned at Derlak for this exploration season.
Click here to read the Orefinders Resources (TSXV:ORX) press release
Click here to see the Orefinders Resources (TSXV:ORX) profile.