Fermer X Les cookies sont necessaires au bon fonctionnement de 24hGold.com. En poursuivant votre navigation sur notre site, vous acceptez leur utilisation.
Pour en savoir plus sur les cookies...
Cours Or & Argent en
Manitou Gold Inc. Releases Elora Property Diamond Drill Results
Published : May 09, 2013
( 0 vote, 0/5 ) Imprimer l'article
  Article Commentaires Commenter Notation Suivre la société  

SUDBURY, ONTARIO--(Marketwired - May 9, 2013) - Manitou Gold Inc. (News - Market indicators) ("Manitou" or the "Company") announces the results of nine diamond drill holes from the 2013 winter drill program on the Elora Property. Mechanical trenching and geological mapping were completed in the fall of 2012, as well as a full review and reinterpretation of all previous exploration activities conducted on the property. Eight discrete shear structures were identified on the Elora property and the 2013 drill program was designed to test a number of these structures. To aid in the understanding of the geological descriptions contained in this news release, the reader is referred to the accompanying plan map. (Click here for map)

Diamond drill holes E-13-47 and E-13-48 were drilled approximately 340 metres northeast of the historical Jubilee Mine. The previous operator intersected a sericite-fuchsite schist in drill hole E-08-36 which included 1.34 g/t Au over a core length of 10.0 metres and in drill hole E-08-37 which included 1.40 g/t Au over 9.5 metres. Recently completed drill hole E-13-47 intersected a 10.4 metre interval which averaged 1.7 g/t Au. Drill hole E-13-48, drilled 50 metres behind E-13-47, intersected 1.2 g/t Au over a core length of 7.5 metres. The intersection of sericite-fuchsite alteration in these two drill holes, in conjunction with the historical drill holes E-08-36 and E-08-37, represents a new style of gold mineralization and alteration on the Elora Property that has only been tested for a strike length of 50 metres and to a vertical depth of 100 metres.

Drill holes E-13-45 and E-13-46 tested the southwestern extension of the historical Laurentian Mine trend, approximately 150 metres southwest of the Laurentian shaft. Drill hole E-13-45 intersected a chlorite-sericite shear zone containing a 1.5 metre wide quartz vein. This zone averaged 4.6 g/t Au over a core length of 3.6 metres (including 20.9 g/t Au over 0.75 metres), and provides positive indication of the continuation of the Laurentian shear structure towards the southwest. 

Assay Highlights

Hole ID From (m) To (m) Length (m)* Au g/t
E-13-40 171.05 171.65 0.6 1.38
E-13-41 38 39.1 1.1 8.27
E-13-42 91.8 93.25 1.45 1.26
E-13-43 85.5 86 0.5 3.41
E-13-45 65.4 69 3.6 4.56
including 68.25 69 0.75 20.9
E-13-46 94.25 94.98 0.73 0.97
E-13-47 78.5 88.9 10.4 1.67
including 84 86 2 4.1
E-13-47 126.6 127.65 1.05 2.88
E-13-48 12.4 14.75 2.35 2.53
E-13-48 150.5 158 7.5 1.19
including 154.5 155 0.5 6.72
E-13-48 174.4 175.1 0.7 1.20
E-13-48 212.75 215 2.25 2.26
E-13-48 266.35 267.75 1.4 0.99
*Note: Intervals reported are core lengths; true widths of mineralization are not known.

Full table of assays can be found on the Company's website.

Todd Keast, President and CEO of Manitou commented "Exploration results to date continue to demonstrate the indications of a potentially large gold system with numerous discrete gold bearing shear structures contained within a structural corridor 850 metres wide. The diamond drill program will resume once the spring break-up is complete. In addition to diamond drilling, mechanical trenching, geophysical and geochemical surveys, as well as structural mapping are planned for the upcoming exploration season."

Todd Keast, P. Geo., is the Qualified Person as defined under NI 43-101 who has reviewed and is responsible for the technical information presented in this news release. 

The Company has implemented a quality control program to ensure best practice in sampling and analysis. Assayed samples are transported in security sealed bags for preparation and analysis at ALS Chemex facilities. ALS Chemex is an ISO 9001-2000 and ISO 17025 registered laboratory. Core samples were analyzed for gold by 50-gm fire assay with AA finish and by gravimetric methods. Samples with visible gold are assayed by screened total metallics.

Manitou is a Canadian exploration company with a 189 square kilometre land package of highly prospective gold properties located in the historical Gold Rock District, in Northwestern Ontario. This under-explored area has a very attractive geological setting hosting 61 known gold occurrences including three past producing mines (Big Master, Laurentian and Elora). Until recently, the area has remained relatively untouched by modern-day exploration, pointing to excellent discovery potential over this large land package.

For further details about the Company's projects please visit the Manitou website at www.manitougold.com.

Statements in this release that are forward-looking statements are subject to various risks and uncertainties, certain of which are beyond the control of the Company including, but not limited to, the impact of general economic conditions, industry conditions, volatility of commodity prices, risks associated with the uncertainty of exploration results and estimates and that the resource potential will be achieved on exploration projects, currency fluctuations, dependence upon regulatory approvals, the uncertainty of obtaining additional financing and exploration risk. Readers should also refer to the specific factors disclosed under the heading "Risk Factors" in the Company's filings with Canadian securities regulators. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. The Company does not assume any obligation to update any forward-looking statements, save and except as may be required by applicable securities laws.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Manitou Gold Inc.
Todd Keast, P. Geo.
President and CEO
705-222-8801 (FAX)

Manitou Gold Inc.

Suivi et investissement
Add to watch list Add to your portfolio Add or edit a note
Ajouter une alerte Ajouter aux Watchlists Ajouter au portefeuille Ajouter une note
de Marché
Projets & res.
de Presse
Profile actifs
Contactez la cie

Manitou est une société d’exploration minière d'or basée au Canada.

Ses principaux projets en exploration sont SHERRIDON, CANAMERICA, HIGBEE et KENWEST au Canada.

Votre avis nous interesse, merci de laisser un commentaire ou de noter cet article.
Evaluer : Note moyenne :0 (0 vote) Voir les mieux notés
Financements de Manitou Gold Inc.
18/09/2012Completes Private Placement With Robert McEwen
Projets de Manitou Gold Inc.
10/05/2011(Higbee)Commences Diamond Drill Program on Higbee Gold Project
28/02/2011(Kenwest)Intersects 53.7 Kilograms Gold Per Tonne Over 0.55 Metres
Communiqués de Presse de Manitou Gold Inc.
24/04/2015Manitou Gold Announces Management and Board Changes
22/04/2015Manitou Gold Announces Management and Board Changes
02/02/2015Manitou Gold Announces Board and Management Changes
07/01/2015Manitou Gold Announces Board and Management Changes
14/11/2014Manitou Gold Announces Board and Management Changes
27/10/2014MANITOU GOLD INC. Prospecting Results and Exploration Update
12/09/2014Manitou Gold Inc. Samples 40.9 g/t Au on Gaffney Patents
07/08/2014Manitou Gold Inc. Begins Exploration on the Highly Prospecti...
25/04/2014Manitou Gold Inc. Releases Elora Diamond Drill Results
23/10/2013Announces Share Issuance
01/10/2013Announces Acquisition of Gaffney Property
08/08/2013Exploration Update
16/05/2013Adopts Advance Notice By-Law
09/05/2013Releases Elora Property Diamond Drill Results
01/11/2012Extends Gaffney Extension Mineralization 100 Metres Down Plu...
17/10/2012Announces Launch of New Website
13/09/2012Intersects 9.5m of 4.0 g/t Au on Gaffney Extension
11/07/2011Closes Harper Lake Property Acquisition
23/06/2011Commences Gaffney Extension Drill Program
20/06/2011Acquires New Exploration Target
02/06/2011Adds Exploration Properties; Provides Exploration Update
20/04/2011(Canamerica)Intersects 12.6 g/t Au Over 4.0 m at Canamerica Project; Ann...
15/04/2011Intersects 10.3 g/t Gold Over 6.0 Metres
29/03/2011Completes $10 Million Private Placement
16/03/2011Announces $7 Million Private Placement
Publication de commentaires terminée
Dernier commentaire publié pour cet article
Soyez le premier à donner votre avis
Ajouter votre commentaire
CA$ 0,045
27/03 15:28 -
Cours préc. Ouverture
0,045 0,040
Bas haut
0,040 0,045
Année b/h Var. YTD
0,040 -  0,075 -%
52 sem. b/h var. 52 sem.
0,025 -  0,075 12,50%
Volume var. 1 mois
119 000 -25,00%
24hGold TrendPower© : -37
Recherche Gold
Interactive chart Add to compare
Imprimer Comparer Exporter
Dernière mise à jour le : 08/07/2010
Vous devez être connecté pour accéder au portefeuille (gratuit)
Top Newsreleases
Variation annuelle
Graphique 5 ans
Graphique 3 mois
Graphique volume 3 mois
Nouvelles des Sociétés Minières
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
0,12 AU$-8,00%Trend Power :
announces expected non-cash impairment
3,41 AU$-10,03%Trend Power :
Oceana Gold(Au)OGC.AX
1,80 AU$-0,83%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
1,82 AU$-5,94%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
0,12 CA$+4,55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
0,02 CA$+100,00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
0,68 US$-8,11%Trend Power :
Rentech Announces Results for Second Quarter 2017
0,20 US$-12,28%Trend Power :
Reduced Funding Requirement
0,61 GBX-6,15%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
0,01 CA$+0,00%Trend Power :
Closes Bridge Loan Financing
1,30 CA$-3,70%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
0,28 CA$-3,45%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
5,19 CA$-7,32%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
0,04 CA$+14,29%Trend Power :
Q A April 2017 Quarterly Report
0,07 AU$-6,67%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
6,80 US$-2,86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
1,79 CA$-12,68%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
6,29 US$-14,54%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
8,66 CA$-0,35%Trend Power :
2nd Quarter Report
0,02 AU$-16,67%Trend Power :