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NioGold Mining Corporation (CVE:NOX) reported on the latest drilling results at the Marban Block property situated in the Malartic gold camp, Quebec.
NioGold Mining Corporation (TSXV:NOX) reported on the latest drilling results at the Marban Block property situated in the Malartic gold camp, Quebec.
The press release is quoted as saying:
The drilling program is conducted under the terms of the Aurizon Mines Ltd. (“Aurizon”) earn-in option agreement.
- Results from ten (10) drill holes at the Marban deposit reported on September 13 and twenty (20) new holes included in this release have resulted in the identification of two new gold zones surrounding the former Marban mine.
- The best results from the new ‘High Grade Western Zone’ include 5.9 grams of gold per tonne (g/t Au) over 15.7 metres (MB11195) and 906.2 g/t Au over 2.9 metres (MB-11-198).
- The second discovery, the ‘Eastern Down Dip Zone’, includes intersections at depth of 7.0 g/t Au over 10.9 metres (MB-08-053ext), 179.5 g/t Au over 1.2 metre (MB11228), and 6.1 g/t Au over 12.6 metres (MB-11-242).
- The recognition of distinct zones of higher grade gold distribution and indication of steeper plunges previously unknown is significant and adds new exploration potential at depth at Marban.