Posted in | News | Gold

Lago Dourado Announces Initial Assay Results from Juruena Gold Project

Lago Dourado Minerals has reported the first assay results from the 18,000m Phase I drilling at its Juruena gold project in Mato Grasso, Brazil. The company has intersected 1.10 g/t gold over 46.5 metres from surface in Hole JRND001 and 2.49 g/t gold over 10 metres from surface in Hole JRND007.

The key purpose of the first drill holes at Crentes was to better understand the controls and distribution of mineralized gold at the property. The company has begun drilling on December 2010 and a Canada-based geophysical consulting company, TerraNotes has finished the geophysical analysis of the property. TerraNotes has found several high priority targets on the contact zones of the chief magnetic bodies. Also, these contact zones overlap with gold-in-soil and radiometric anomalies. Primarily, the three rigs will concentrate on the Querosene zones, Jacare and Noventa Graus.

The company has encountered potential mineralization during the early phase of the 18,000-metre drilling. These numerous targets are analyzed to expand the known mineralization and this drilling will be continuing through spring and summer.

Currently, Lago has completed drilling 13 holes across four lines around 100 metres apart. Assays from the initial three lines have encountered significant gold grades. Four kinds of mineralization such as hydrothermal breccias, scattered sulphides in extremely distorted Granite, stockwork quartz layers and shear zone-hosted in these drill holes. The high-grade gold mineralization stays open along strike and at depth.

Joel Scanlon

Written by

Joel Scanlon

Joel relocated to Australia in 1995 from the United Kingdom and spent five years working in the mining industry as an exploration geotechnician. His role involved utilizing GIS mapping and CAD software. Upon transitioning to the North Coast of NSW, Australia, Joel embarked on a career as a graphic designer at a well-known consultancy firm. Subsequently, he established a successful web services business catering to companies across the eastern seaboard of Australia. It was during this time that he conceived and launched News-Medical.Net. Joel has been an integral part of AZoNetwork since its inception in 2000. Joel possesses a keen interest in exploring the boundaries of technology, comprehending its potential impact on society, and actively engaging with AI-driven solutions and advancements.

Citations

Please use one of the following formats to cite this article in your essay, paper or report:

  • APA

    Scanlon, Joel. (2019, February 18). Lago Dourado Announces Initial Assay Results from Juruena Gold Project. AZoMining. Retrieved on October 10, 2024 from https://www.azomining.com/News.aspx?newsID=4129.

  • MLA

    Scanlon, Joel. "Lago Dourado Announces Initial Assay Results from Juruena Gold Project". AZoMining. 10 October 2024. <https://www.azomining.com/News.aspx?newsID=4129>.

  • Chicago

    Scanlon, Joel. "Lago Dourado Announces Initial Assay Results from Juruena Gold Project". AZoMining. https://www.azomining.com/News.aspx?newsID=4129. (accessed October 10, 2024).

  • Harvard

    Scanlon, Joel. 2019. Lago Dourado Announces Initial Assay Results from Juruena Gold Project. AZoMining, viewed 10 October 2024, https://www.azomining.com/News.aspx?newsID=4129.

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Your comment type
Submit

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.