Qiqavik Property Expanded by 10% to Cover New Wide Mineralized Shear Zone
TORONTO, Sept. 11, 2019 /CNW/ - Orford Mining Corporation ("Orford") (TSX-V: ORM) is pleased to announce the completion of the summer 2019 Exploration program on its 100% controlled Qiqavik gold project in the Cape Smith Belt in northern Quebec. Following the completion of the first and second phase exploration programs consisting of an Airborne Electromagnetic (EM) Survey, Ground Induced Polarization (IP) Survey and detailed prospecting and structural mapping, Orford has completed a 1,368 metre drilling program in 6 holes at Interlake, IP lake and the Focused Intrusive (Figure 1). This exploration work continues to define shear-hosted gold mineralization along several trends. In order to cover the western extension of the newly discovered IP Lake Shear Corridor, Orford has increased the size of the Qiqavik property by nearly 10% by adding 75 claims or 31 km2 for a new total of 348 km2.
David Christie, President and CEO of Orford, commented, "We are excited to have discovered visible gold in the newly defined 7km+ IP Lake Shear corridor which may explain several high gold grain count glacial dispersion trains. The 2019 drilling of QK-19-001 and QK-19-004 have extended the Au-bearing Interlake shear zone along strike to over 2 km. The potential unveiled by the results of the VTEM survey at the Esperance Copper-Gold Zone is promising for future exploration programs. We look forward to getting the rest of our results back and planning our 2020 exploration program."
Key 2019 Exploration Program Take-Aways:
- Extension of the mineralized trend at Interlake to a 5 km strike length with the identification of a thick (up to 500 m wide) structural package of multiple shears and crosscutting structures often coincident with pyrite, chalcopyrite, sphalerite and galena mineralization. (Figure 2).
- Identification of a large new structural corridor (75-100 m wide) that extends from IP Lake westward for approximately 10 km. The shear is hosted in basalt and meta-sediments and contains large quartz vein boulders with sphalerite, chalcopyrite, galena, pyrite and visible gold (Figure 2). Orford's claim position has been expanded by 10% to cover the IP Lake Shear Zone to the west.
- Identification of new Au anomalies in boulders up to 648 g/t Au1 (Figure 3) defining dispersion trains pointing towards the IP Lake structural corridor (Figure 2).
- Successful in intersecting sulphide mineralization together with shearing and/or strong alteration in all drill holes.
- All six drill holes intersected various types of mineralization that explained the geophysical anomaly being targeted. Assays are pending for the majority of drilling, however partial results from three holes received have all returned gold-bearing intersections (Table 2).
- Key drilling intersections: Three drill holes tested the Interlake trend over more than 2 km of strike and intersected a number of thick altered/sheared/sulphide mineralized horizons (Figure 4). Two drill holes representing the first testing of the IP Lake Shear Zone, were drilled 600 m apart and intersected thick sections of altered / sheared / sulphide mineralized horizons. One drill hole tested the Focus intrusion and intersected altered and sheared granodiorite with quartz veining and disseminated sulphides.
- Drill hole QK-19-004 testing the Interlake structural zone 300 m east of drilling completed in 2018 (QK-18-007, 24.6 metres grading 0.48 g/t)2 intersected 32.0 m grading 0.71 g/t gold, including 2.8 m grading 3.31 g/t gold in an altered volcaniclastic.
- Identification of new untested EM drill targets along the main Esperance trend and additional EM anomalies to the south of the main trend associated with Au (up to 10 g/t in boulders) (Figure 5).
- Discovery of a new south trend at Esperance sulphide mineralization in surface sampling.
1) Note that grab samples are selective by nature and values reported may not be representative of mineralized zones
2) All drilling intervals are down-hole lengths. True thicknesses cannot be estimated with available information.
Summary of Field Surveys Completed and New Targets Outlined
- 34.8 line-km of IP surveying using Abitibi Geophysics' OrevisionTM system at Interlake and IP Lake (Figure 2) The survey was conducted at various line spacings in a pole-dipole configuration with an "a"-spacing of 25 m.
- 1,128 line-km airborne EM survey using Geotech's VTEMTM plus time-domain system covering Esperance, Interlake and West Gerfaut at 100m line spacing (Figure 1).
- 289 frost boil samples (bringing total to 5,022 samples property-wide) (Figure 1).
- 627 grab samples (bringing total to 2,647 samples property-wide) (Figure 1). 153 large till samples (213 property-wide).
- 1,368 meters of diamond drilling at Interlake (725m in 3 holes), IP lake (402 m in two holes) and Focused intrusive (240 m in one hole) (Table 1).
Table 1: 2019 Drill Hole Information