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Detour Lake high-grade assays increase sources for Agnico Eagle

CryptoGuru by CryptoGuru
February 11, 2022
Detour Lake high-grade assays increase sources for Agnico Eagle
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“Immediately’s drill outcomes spotlight the numerous alternative that exists to proceed to develop mineral sources past the degrees included within the mid-year 2021 mineral useful resource estimate introduced in September 2021. The outcomes embrace a lot of broad, high-grade intersections positioned each inside and out of doors of the mid-year 2021 … pit shell,” CEO Tony Makuch stated in a launch.

“Additionally encouraging is that we proceed to increase the mineralization at depth. Primarily based on work so far, now we have confirmed the existence of a broad and steady hall of mineralization extending over 4 km from the Primary pit by means of the Saddle zone to past the deliberate West pit location to a depth of not less than 800 metres under floor with the system remaining open.”

Excessive-grade intervals

Drilling on the future West pit exterior the outlined sources returned 17.4 metres grading 30.89 g/t, together with 9 metres at 58.42 g/t; 2 metres at 22.94 g/t gold; 9.5 metres at 22.22 g/t; 10 metres at 4.87 g/t, together with 3 metres at 14.73 g/t; 13.9 metres at 4.81 g/t, together with 15.48 g/t; 21 metres at 2.86 g/t, together with 21.8 g/t; 24 metres at 2.76 g/t, together with 2.3 metres at 18.06 g/t and 12 metres at 2.28 g/t; 67 metres at 1.67 g/t; 25.5 metres at 1.63 g/t; and 79 metres at 0.92 g/t gold.

Intercepts on the Saddle zone exterior the outlined sources included 3 metres at 142.66 g/t gold; 10 metres at 2.98 g/t, together with 2 metres at 12.46 g/t; 20.4 metres at 2.21 g/t; 2 metres at 19.52 g/t; 40 metres at 1.01 g/t; 47 metres at 0.87 g/t; and 59.3 metres at 0.94 g/t gold.

Intersections on the North pit prolonged mineralization 440 metres to the west alongside the Walter Lake pattern. Assays included 21.5 metres at 2.54 g/t; 13 metres at 2.45 g/t; 2 metres 20.74 g/t; 3 metres at 8.40 g/t; 6 metres at 4.73 g/t; 11 metres at 2.73 g/t; 2.27 g/t over 12.0 m; 13 metres at 2.02 g/t; 17 metres at 1.94 g/t, together with 3 metres at 9.12 g/t; 13.1 metres at 1.91 g/t; 22.3 metres at 1.25 g/t; 23.2 metres at 1.13 g/t; 23 metres at 1.02 g/; and 20.3 metres at 1.01 g/t gold.

Drilling on the Saddle zone throughout the outlined sources returned key intercepts of 32.4 metres grading 5.41 g/t gold, together with 4 metres at 38.74 g/t; 2 metres at 22.94 g/t gold; 16 metres at 3.23 g/t gold, together with 5 metres at 8.84 g/t; 26 metres at 2.73 g/t gold, together with 8.4 metres at 7.16 g/t; 29.1 metres grading 1.63 g/t gold; and 32 metres grading 1.34 g/t gold, together with 3.2 metres at 6.52 g/t gold.

Additionally, throughout the useful resource envelope on the West pit zone, drilling intercepted 27.4 metres grading 2.71 g/t gold, together with 2.1 metres at 30.14 g/t; and 30.7 metres at 0.87 g/t gold.

Kirkland Lake Gold (whose merger with Agnico Eagle closed on Feb. 8) acquired the Detour Lake property at the start of 2020. Since then, contained gold within the measured and indicated sources has tripled. A technical report and life-of-mine plan for the mine can be launched within the second quarter this 12 months.

(This text first appeared within the Canadian Mining Journal)

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