PIEDMONT, QC,
The new "Condor I" discovery is located about 3.5 km west of IAMGOLD Corporation's
So far, 270 prospecting results from chip samples were received and compiled. Of those, one hundred and forty-six (146) – which corresponds to 54 % – are in a main mechanically stripped area located in the Cléricy Township. The work extends for about 50 metres in both north-south and east-west strikes, exposing a swarm of mafic dykes and porphyritic syenite cross-cutting the Cléricy pluton close to its eastern margin. The exposed gold-bearing fracture zone extends over the entire length of the stripped area. The first positive results (i.e., those above 1 g/t) were obtained from heavily fractured and heavily hematized syenite rocks.
From this first pass of sampling, one sample returned 10,33 g/t, and a series of twelve (12) samples returned results from 1 to 10 g/t (see the "Condor 1: Results Breakdown" table). Those high results all come from a west-to-north-west-trending fracture network, which follows a lamprophyre dyke with the same orientation. The mineralized syenite material shows a partly recrystallized and microfractured texture, with abundant hematite, magnetite and carbonates. Disseminated pyrite is widespread in the gold-bearing samples, but it represents no more than 2 % of the volume. The apparent width of the fractures zone at the surface varies between 1 and 5 metres, along a strike length reaching 50 metres, and remaining open to the east.
Condor I: Results Breakdown
Bedrock sampling | Sampling | Characteristics | |
Number | Grade | ||
1 to 10 g/t | 34385 34381 43360 43361 66515 66519 66526 66530 66531 66533 66536 66628 | 1.05 2.05 6.59 6.02 1.94 10.5 4.86 1.08 1.39 1.19 9.04 1.06 | - East to north-east fracturing - Lamprophyre dyke contact - Strong hematization with carbonate - Intense fracturing - Apparent weak pyritization |
0.08 to 1 g/t | 20 samples | - Generally fractured - Hematized with carbonate and pyrite | |
0.02 to 0.08 g/t | 31 samples | - Chloritization - Secondary magnetite - Rare pyrite |
Historical Background
The past discovery of a gold-bearing glacial boulder – by previous owners – returned a 0.8 g/t grade (see Exploration Typhon press release
Until now, based on the known historical works, and on accessible outcrops, the Cléricy intrusion was not considered as a gold-favourable environment. Recent glacial boulder prospecting proved to be successful in an area where true outcropping surfaces are rare. Most importantly, the Condor I discovery shows lithological characteristics that are different from the known Cléricy pluton, with strongly altered lithologies marked visually by iron oxides (hematite and magnetite), carbonates, and variable pyrite levels.
Goldflare will use exploration information already acquired – such as UAV (unmanned aerial vehicle) magnetic survey, aerial imagery, and soil sampling – to evaluate the Condor I discovery geological context, its potential extension, and similar targets in the surrounding areas.
QAQC
The position of individual samples was determined using a handheld GPS, which implies an uncertainty of 1 to 3 metres on certain samples positions. It must be noted that chip samples of outcrops and glacial boulders have a limited spatial representativeness. The evaluation of any continuity and thickness can only be made using continuous sampling coming from channels or drill cores.
Sample bags are delivered from the field to Bourlamaque Assay Laboratories Ltd (bourlamaquelab.com), in
The technical information contained in this press release has been reviewed by Martin Demers,
The
Exchange rules) cannot be held responsible for the accuracy or veracity of this press release.
SOURCE
© Canada Newswire, source