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MI3 Financial Communications Inc.

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MI3 is a Montreal-based new-age financial communications company geared for today’s fast-paced global economy. MI3’s ......

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Orford Provides Update on 2019 Qiqavik Exploration Program, Including the Drilling Discovery of Gold in Two New Structures


Orford Provides Update on 2019 Qiqavik Exploration Program, Including the Drilling Discovery of Gold in Two New Structures

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TORONTO, Oct. 16, 2019 /CNW/ - Orford Mining Corporation ("Orford") (TSX-V: ORM) is pleased to announce the results of the summer 2019 Exploration program on its 100% controlled Qiqavik gold project in the Cape Smith Belt in northern Quebec. Orford completed a 1,368 metre drilling program in six holes at Interlake, IP lake and the Focused Intrusive (Figure 1). Orford was successful in intersecting gold mineralization in all six drill holes. Three of these holes tested two previously untested geological structures and three tested various locations along a 2.5 km strike length of the 5 km long Interlake Shear zone discovered in 2018.  


David Christie, President and CEO of Orford, commented, "We are excited to have discovered gold mineralization in all of the widely spaced holes we drilled in 2019, with some significant intersections along three different structural and geological targets. We have also defined a number of high-grade gold in boulders and glacial till dispersion trains that point to potential cross structures along the >7 km long IP Lake Shear which have yet to be tested. The Qiqavik property results continue to demonstrate an ever-increasing gold potential across the large property. This points to the significant potential for the discovery of economic gold mineralization in this new gold belt".


All assays for drilling and grab samples for the 2019 program have been received with the following significant results1,2:



  • Intersected gold mineralization in all holes drilled in 2019 targeting three different geological structures on the property separated by up to 18 km (see Figure 1, Table 1);


  • Extended the thick gold mineralized trend in drilling to 2.5km of the 5 km structural package along the Interlake Shear Structure (Up to 0.51 g/t Au over 53 m in 19-QK-004) (see Table 1);


  • Confirmed gold mineralization in drilling results associated with multiple quartz veins in the multiphase Focused Intrusion (2.8 g/t Au over 1.84 m including 8.57 g/t over 0.58 m in QK-19-06) (see Table 1);


  • Confirmed Au in drilling (QK-19-002) on the newly discovered 7 km long IP Lake Shear (0.58 g/t Au over 10 m) (see Table 1);


  • Confirmed multiple gold mineralized boulder trains (Including 5 grab samples ranging from 14.9 g/t Au to 648.8 g/t Au, see Table 3) associated with untested cross structures along the newly discovered, 7-km long IP lake shear corridor


  • Reported high grade gold on a newly discovered contact-shear trend south of Esperance (Up to 20.62 g/t Au in grab sample, Figure 2, Table 2).


 


1) All drilling intervals are down-hole lengths. True thicknesses cannot be estimated with available information.


2) Note that grab samples are selective by nature and values reported may not be representative of mineralized zones.



Figure 1: Overview of 2019 Drilling Assay Results (CNW Group/Orford Mining Corporation)



Diamond Drilling Highlights


Summaries of observations for each drill hole are given below. All drilling intervals are down-hole lengths. True thicknesses cannot be estimated with available information.


Diamond drill hole QK-19-001 targeted a high chargeability anomaly in a high resistivity zone outlined by the 2019 IP survey, approximately 2 km to the east of drill hole QK-18-008, that was also coincident with the Interlake East Showing comprised of a sheared basalt with pyrite, chalcopyrite, malachite and quartz-carbonate veining and a glacial dispersion train of gold in till samples. From 45.0 to 68.8 m the hole intersected weakly to moderately deformed andesites with quartz-carbonate alteration and 2 to 5% pyrite. A second mineralized section was intersected from 84.2 m to 95.0 m, Intersecting seriticitized mafic volcanics with 5 to 10% pyrite and trace sphalerite and chalcopyrite. Highlights from this section include 0.59 g/t over 7.0 m from 85.0 to 92.0 m including 2.45 g/t gold over 1 m from 88 to 89 m and 1.20 g/t gold over 1 m from 91.0 to 92.0 m (see Table 1).  This hole now has extended the gold mineralization in the Interlake Structural zone by over 2 km to the east from hole QK-18-002. hole ended at 111 metres.


Diamond drill hole QK-19-002 targeted the possible source of a visible gold (VG) boulder train in the IP Lake Shear chargeability anomaly. From 79.9 to 92.8 m, the drill hole intersected basalts cut by 5 to 8% quartz-carbonate veins with vuggy pyrite (trace to 5%). This included a section from 88 to 91 m which was strongly deformed and brecciated with strong carbonization and 5 to 15% pyrite. Assays reported 0.58 g/t over 10.0 m from 84.0 m to 94.0 m including 1.7 g/t over 3.0 m from 88.0 to 91.0 m (see Table 1).


Diamond drill hole QK-19-003 targeted the possible source of a visible gold (VG) boulder train in the IP Lake Shear chargeability anomaly 600 metres west of QK-19-002. From 196.0 to 278.0 m, the hole intersected highly foliated and bleached basalts (sericite and quartz-carbonate alteration) up to 5% pyrite stringers.  This hole was not found to be the sources of a VG boulder train (now evident with gold in till results (see Figure 3). However, this hole was slightly anomalous reporting 0.23 g/t over 1.0 m from 230.0 to 231.0 m.


Diamond drill hole QK-19-004 targeted the Interlake shear trend and a thick VTEM anomaly coincident with 2 adjacent IP chargeability anomalies within the Interlake structural package. This hole is located 300 metres east of holes QK-18-007/008 and 400 metres east of hole QK-18-002 which intersected thick intervals (up to 0.48 g/t Au over 24.6 m, including 3.55 g/t over 1.0 m, see Table 1, Orford news release dated October 16, 2018). From 156.0 to 206.0 m, hole QK-19-004 intersected a sulphide mineralized shear zone hosting frequent quartz veins with silica flooding along with up to 40% pyrrhotite with 15-20% pyrite with trace arsenopyrite and sphalerite including a quartz vein from 198.73 to 200.2 m with 5 to 10% arsenopyrite and 1% to 10% pyrite-pyrrhotite (see Figure 4). Highlights from this hole include 0.51 g/t Au over 53.0 m from 156.0 to 209.0 m, including 0.59 g/t over 3.0 m from 156.0 to 159.0 m and 0.72 g/t over 32.0 m from 177.0 m to 209.0 m, and 3.12 g/t over 2.8 m from 200.2 m to 203.0 m.


Diamond drill hole QK-19-005 also targeted the Interlake structural trend and a thinner VTEM anomaly with two adjacent chargeability anomalies. It was drilled approximately 100 metres west of hole QK-18-002. From 278.0 to 300.0 m, the hole intersected a shear zone with silica flooding and pyrite, pyrrhotite, sphalerite and arsenopyrite mineralization. Assays reported several gold bearing intervals (see Table 1) including 0.59 g/t Au over 3.45 m from 281.0 to 284.45 m including 1.38g/t over 1.0m and 0.63 g/t over 2.89m from 292.37 to 295.26 m.


Diamond drill hole QK-19-006 targeted the multiphase Focused Intrusive and local felsic intrusive boulder grab samples with reported gold up to 189 g/t associated with a coincident chargeability anomaly in a very resistive body. The hole intersected altered and bleached granodiorite with disseminated pyrite, pyrrhotite (0.5 to 1%) and infrequent quartz veins hosting arsenopyrite and sphalerite. Assays reported gold through the hole (see Table 1) associated with occurrences of quartz veining yielding up to 8.57 g/t over 0.58 m from 173.42 to 174.0 m.


Table 1: 2019 Significant Gold Intercepts


Read more here: https://quotemedia.com/portal/quote/?qm_symbol=ORM%3ACC&qmodStoryID=8738259104004208 

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TORONTO, Oct. 16, 2019 /CNW/ - Orford Mining Corporation ("Orford") (TSX-V: ORM) is pleased to announce the results of the summer 2019 Exploration program on its 100% controlled Qiqavik gold project in the Cape Smith Belt in northern Quebec. Orford completed a 1,368 metre drilling program in six holes at Interlake, IP lake and the Focused Intrusive (Figure 1). Orford was successful in intersecting gold mineralization in all six drill holes. Three of these holes tested two previously untested geological structures and three tested various locations along a 2.5 km strike length of the 5 km long Interlake Shear zone discovered in 2018.  

David Christie, President and CEO of Orford, commented, "We are excited to have discovered gold mineralization in all of the widely spaced holes we drilled in 2019, with some significant intersections along three different structural and geological targets. We have also defined a number of high-grade gold in boulders and glacial till dispersion trains that point to potential cross structures along the >7 km long IP Lake Shear which have yet to be tested. The Qiqavik property results continue to demonstrate an ever-increasing gold potential across the large property. This points to the significant potential for the discovery of economic gold mineralization in this new gold belt".

All assays for drilling and grab samples for the 2019 program have been received with the following significant results1,2:

  • Intersected gold mineralization in all holes drilled in 2019 targeting three different geological structures on the property separated by up to 18 km (see Figure 1, Table 1);

  • Extended the thick gold mineralized trend in drilling to 2.5km of the 5 km structural package along the Interlake Shear Structure (Up to 0.51 g/t Au over 53 m in 19-QK-004) (see Table 1);

  • Confirmed gold mineralization in drilling results associated with multiple quartz veins in the multiphase Focused Intrusion (2.8 g/t Au over 1.84 m including 8.57 g/t over 0.58 m in QK-19-06) (see Table 1);

  • Confirmed Au in drilling (QK-19-002) on the newly discovered 7 km long IP Lake Shear (0.58 g/t Au over 10 m) (see Table 1);

  • Confirmed multiple gold mineralized boulder trains (Including 5 grab samples ranging from 14.9 g/t Au to 648.8 g/t Au, see Table 3) associated with untested cross structures along the newly discovered, 7-km long IP lake shear corridor

  • Reported high grade gold on a newly discovered contact-shear trend south of Esperance (Up to 20.62 g/t Au in grab sample, Figure 2, Table 2).

 

1) All drilling intervals are down-hole lengths. True thicknesses cannot be estimated with available information.

2) Note that grab samples are selective by nature and values reported may not be representative of mineralized zones.

Figure 1: Overview of 2019 Drilling Assay Results (CNW Group/Orford Mining Corporation)

Diamond Drilling Highlights

Summaries of observations for each drill hole are given below. All drilling intervals are down-hole lengths. True thicknesses cannot be estimated with available information.

Diamond drill hole QK-19-001 targeted a high chargeability anomaly in a high resistivity zone outlined by the 2019 IP survey, approximately 2 km to the east of drill hole QK-18-008, that was also coincident with the Interlake East Showing comprised of a sheared basalt with pyrite, chalcopyrite, malachite and quartz-carbonate veining and a glacial dispersion train of gold in till samples. From 45.0 to 68.8 m the hole intersected weakly to moderately deformed andesites with quartz-carbonate alteration and 2 to 5% pyrite. A second mineralized section was intersected from 84.2 m to 95.0 m, Intersecting seriticitized mafic volcanics with 5 to 10% pyrite and trace sphalerite and chalcopyrite. Highlights from this section include 0.59 g/t over 7.0 m from 85.0 to 92.0 m including 2.45 g/t gold over 1 m from 88 to 89 m and 1.20 g/t gold over 1 m from 91.0 to 92.0 m (see Table 1).  This hole now has extended the gold mineralization in the Interlake Structural zone by over 2 km to the east from hole QK-18-002. hole ended at 111 metres.

Diamond drill hole QK-19-002 targeted the possible source of a visible gold (VG) boulder train in the IP Lake Shear chargeability anomaly. From 79.9 to 92.8 m, the drill hole intersected basalts cut by 5 to 8% quartz-carbonate veins with vuggy pyrite (trace to 5%). This included a section from 88 to 91 m which was strongly deformed and brecciated with strong carbonization and 5 to 15% pyrite. Assays reported 0.58 g/t over 10.0 m from 84.0 m to 94.0 m including 1.7 g/t over 3.0 m from 88.0 to 91.0 m (see Table 1).

Diamond drill hole QK-19-003 targeted the possible source of a visible gold (VG) boulder train in the IP Lake Shear chargeability anomaly 600 metres west of QK-19-002. From 196.0 to 278.0 m, the hole intersected highly foliated and bleached basalts (sericite and quartz-carbonate alteration) up to 5% pyrite stringers.  This hole was not found to be the sources of a VG boulder train (now evident with gold in till results (see Figure 3). However, this hole was slightly anomalous reporting 0.23 g/t over 1.0 m from 230.0 to 231.0 m.

Diamond drill hole QK-19-004 targeted the Interlake shear trend and a thick VTEM anomaly coincident with 2 adjacent IP chargeability anomalies within the Interlake structural package. This hole is located 300 metres east of holes QK-18-007/008 and 400 metres east of hole QK-18-002 which intersected thick intervals (up to 0.48 g/t Au over 24.6 m, including 3.55 g/t over 1.0 m, see Table 1, Orford news release dated October 16, 2018). From 156.0 to 206.0 m, hole QK-19-004 intersected a sulphide mineralized shear zone hosting frequent quartz veins with silica flooding along with up to 40% pyrrhotite with 15-20% pyrite with trace arsenopyrite and sphalerite including a quartz vein from 198.73 to 200.2 m with 5 to 10% arsenopyrite and 1% to 10% pyrite-pyrrhotite (see Figure 4). Highlights from this hole include 0.51 g/t Au over 53.0 m from 156.0 to 209.0 m, including 0.59 g/t over 3.0 m from 156.0 to 159.0 m and 0.72 g/t over 32.0 m from 177.0 m to 209.0 m, and 3.12 g/t over 2.8 m from 200.2 m to 203.0 m.

Diamond drill hole QK-19-005 also targeted the Interlake structural trend and a thinner VTEM anomaly with two adjacent chargeability anomalies. It was drilled approximately 100 metres west of hole QK-18-002. From 278.0 to 300.0 m, the hole intersected a shear zone with silica flooding and pyrite, pyrrhotite, sphalerite and arsenopyrite mineralization. Assays reported several gold bearing intervals (see Table 1) including 0.59 g/t Au over 3.45 m from 281.0 to 284.45 m including 1.38g/t over 1.0m and 0.63 g/t over 2.89m from 292.37 to 295.26 m.

Diamond drill hole QK-19-006 targeted the multiphase Focused Intrusive and local felsic intrusive boulder grab samples with reported gold up to 189 g/t associated with a coincident chargeability anomaly in a very resistive body. The hole intersected altered and bleached granodiorite with disseminated pyrite, pyrrhotite (0.5 to 1%) and infrequent quartz veins hosting arsenopyrite and sphalerite. Assays reported gold through the hole (see Table 1) associated with occurrences of quartz veining yielding up to 8.57 g/t over 0.58 m from 173.42 to 174.0 m.

Table 1: 2019 Significant Gold Intercepts

Read more here: https://quotemedia.com/portal/quote/?qm_symbol=ORM%3ACC&qmodStoryID=8738259104004208 


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