NMI + KLG - die beiden gehen ja zusammen
November 08, 2016 03:00 ET
Newmarket Gold Announces Further High-Grade Drill Results and Record Monthly Production at the Fosterville Gold Mine
http://www.marketwired.com/press-re...record-monthly-production-tsx-nmi-2173518.htm
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 8, 2016) - Newmarket Gold ("Newmarket" or the "Company") (TSX:NMI)(OTCQX:NMKTF) is pleased to announce further positive drill results and record monthly production at the Fosterville Gold Mine, State of Victoria, Australia. Underground resource definition drilling has continued to target down-plunge extensions to the Lower Phoenix and Harrier South gold systems to assess the potential of Mineral Reserve expansion. Recent drill results from nine underground holes totaling 3,637 meters (m) have demonstrated the continuity of exceptional high-grade visible gold mineralization on both the newly discovered west dipping Lower Phoenix Footwall and Eagle Structures in the Lower Phoenix gold system.
An additional drilling program consisting of seven holes totaling 2,893m in the Harrier South gold system has reaffirmed the Mineral Reserve conversion potential of this area, returning the highest Harrier gold grades ever recorded. The Company is also pleased to report a further three surfaced-based drill holes totaling 2,591m from growth drilling exploration programs targeting the Lower Phoenix gold system (Figure 1). Recent drill results continue to support the potential to expand Fosterville's Mineral Resources and Reserves and confirm continuity of mineralization up-plunge (north) and down-plunge (south) on the Lower Phoenix gold system and down plunge on the Harrier South gold system. Additionally, the Company is pleased to note that Fosterville achieved record production for the month of October, totaling 15,116 ounces of gold at a record mill grade of 8.18 g/t Au and record recovery of 92.3%.
Highlight Drill Intercepts from Underground Near Mine Drilling at Fosterville Gold Mine:
Drilling into the newly discovered west dipping Lower Phoenix Footwall Structure intersected significant high-grade gold mineralization including 550 g/t Au(1) over 3.75m (Estimated True Width "ETW" 3.5m) in hole UDH1278 (Including 4,592 g/t Au(1) over 0.4m [ETW 0.3m]) and 203 g/t Au(1) over 8.55m (ETW 2.4m) in hole UDH1740 (Including 1,521 g/t Au(1) over 1.0m [ETW 0.28m]). This structure has now been defined over a strike extent of 150m and vertical extent of 150m.
Drilling on the Harrier Base Structure returned high-grade mineralization containing visible gold. Key intercepts include a record 129 g/t Au(1)over 6.95m (ETW 6.2m) in hole UDH1868 (Including 877 g/t Au(1) over 1m [ETW 0.9m]) and 14.57 g/t Au(1) over 6.8m (ETW 5.9m) in hole UDH1869. These exceptional results reaffirm an increasing grade profile with depth in the Harrier gold system.
Eagle Fault underground definition drilling continues to return high-grade mineralization and has now been defined over a strike length of 730m and vertical extent of 350m with the return of key drill intercepts including 6.91 g/t Au over 5.2m (ETW 4.5m) in hole UDH1816 and 11.09 g/t Au over 1.4m (ETW 0.8m) in hole UDH1875B.
Highlight Drill Intercepts from Surface Based Growth Drilling at Fosterville Gold Mine:
Surface based diamond drilling on the Lower Phoenix North system (8050mN) targeted Lower Phoenix Structures approximately 350m north of Lower Phoenix Mineral Reserves and returned a significant intercept of 6.5 g/t Au over 27.8m (ETW 25.0m) in hole SPD618C. Surface-based diamond drilling programs continue to confirm the resource expansion potential of the Lower Phoenix gold system.
Record Monthly Operating Results at Fosterville Gold Mine:
The mining of high-grade, visible gold-bearing structures as further defined by drill results announced today has contributed to record monthly production results at Fosterville for October, 2016.
Record monthly production for October 2016 of 15,116 ounces of gold, exceeding the previous monthly record of 14,103 ounces produced in April 2016.
Record monthly mill grade for October 2016 was achieved of 8.18 g/t Au surpassing previous monthly record of 8.09 g/t Au in May 2016.
Record monthly mill recovery for October 2016 of 92.3% above the previous monthly record of 91.3% in June 2016.
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greenhorn schrieb am 07.11.2016, 16:37 Uhr[/url]"]
KLG
Kirkland Lake drills 3.8 m of 651.8 g/t Au at Macassa
http://www.stockwatch.com/News/Item.aspx?bid=Z-C:KLG-2418706&symbol=KLG®ion=C
2016-11-07 07:00 ET - News Release
Mr. Tony Makuch reports
KIRKLAND LAKE GOLD REPORTS ADDITIONAL HIGH GRADE INTERCEPTS AND IDENTIFIES NEW MINERALIZATION AT MACASSA FROM UNDERGROUND DRILLING ON THE SOUTH MINE COMPLEX
Kirkland Lake Gold Inc. has released high-grade drill intercepts from underground exploration drilling on the South mine complex (SMC) at the Macassa mine complex in Kirkland Lake, Ont.
The drilling program infilled gaps in drill hole coverage between inferred resource blocks and identified new mineralization associated with the easterly strike extension of the SMC within the HM Claim, located approximately 2,000 feet (610 metres) southeast of the #2 shaft at the Macassa Mine Complex.