Jan 30 2015
Geomega Resources Inc. is pleased to announce the intersection of visible gold in a quartz vein within a new silicified and mineralized sedimentary unit. The new mineralized zone was intersected in the first meters of drill hole AK-15-16 realized in the ORBI showing area.
The sample containing visible gold returned a gold grade of 12.06 g/t over 1 meter (average of one gravimetric and two atomic absorption analysis). A re-analysis by the "Metallic sieve" method will give the exact gold content of the sample. The adjustment will be disclosed with the final compilation of the 22 drill holes and results.
"The discovery of a new sedimentary unit containing quartz veins, with one having visible gold, is very encouraging and demonstrates the fertility of the area. However we must remain cautious, this type of mineralization can be random or intermittent and erratic distribution of gold in the veins can make it difficult to confirm extensions. Nevertheless, the surrounding sedimentary unit, also anomalous in gold (0,68 g/t Au over 1 meter), will facilitate the future investigation of this mineralized zone for which the true width is still unknown." comments Alain Cayer, Vice-President Exploration of GéoMégA.
Phase 1 completed
Phase 1 on the Anik project finished with 22 drill holes totalling 4,800 meters. The total cost per meter of drill holes AK-14-1 to AK-14-15 is estimated at $ 125. The results of the final seven drill holes (AK-15-16 partial and AK-15-17 to 22) are expected in February 2015.
About the Anik gold project
Anik benefits from a permanent road access and, in the immediate vicinity, public infrastructure and an experienced workforce. The project is located 40 km south of the town of Chapais, Québec. The property is royalty free and owned 100% by the Company.
NI 43‐101 Disclosure
Alain Cayer, P. Geo., MSc., Vice-President Exploration of GéoMégA, is the Qualified Person under NI 43-101 guidelines who supervised and approved the preparation of the technical information in this news release.
All samples have been assayed at the ALS Global laboratory in Val-d'Or by standard fire assay followed by atomic absorption and by gravimetry if results are greater than 0.50 g/t Au. A multi-elemental analysis by aqua-regia and spectroscopy (ICP-AES/MS) will be realized at the ALS Global laboratory in Vancouver, for each sample. Quality controls include systematic addition of blank samples and certified gold standards to each batch sample sent to laboratories.
Source: http://ressourcesgeomega.ca/