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Uragold Bay Resources Completes Diamond Drilling at Beauce Placer Property

Uragold Bay Resources has completed the diamond drill campaign at the Beauce Placer property, which is situated near Saint-Simon-les-Mines in the Beauce area, south Quebec. This program successfully sampled the targeted segments that cut multiple volcaniclastic beds, which is favourable for identifying gold.

Four NQ diamond drill holes were sunk for 1,038 m of total length, which included around 950 m in the bedrock. This short program examined different targets that contained the instant up ice region of the buried till, which is rich is gold, sampled during Sonic drilling last spring, an EM conductor axis and two magnetic lows. The holes have cut volcaniclastic beds and pyritic black slate of the Beauceville structure with numerous quartz veining. Abundant quartz veins and bedding differences along the core have proposed that a fold hinge was cut in the hole RG11-02, relating to the magnetic low target. The volcaniclastics beds are located in the hole RG11-01 to RG11-03 and stayed to validate in the hole RG11-04. The color of these heterogeneous granulometry rocks varies from grey to light grey. Visual test unveiled local mineralization of chalcopyrite or pyrrhotite, pyrite in the volcanic beds. Epidotization, brecciation, silicification, quartz veining lixiviation has been included in the visible alterations.

The company validated the presence of a buried gold bearing orange-brown till, wherein the recovered gold grains analysis during the sonic drilling campaign has proposed closeness to a bedrock of gold resource, within the UBR property.

Source: http://www.uragold.com/

Joel Scanlon

Written by

Joel Scanlon

Joel, originally from the UK, emigrated to Australia in 1995 and spent 5 years working in the mining industry as an exploration Geo-technician where he developed skills in GIS Mapping and CAD. Joel also spent a year working underground in a gold/copper mine. Upon moving to the North Coast of NSW, Australia Joel worked as a graphic designer for a leading consultancy firm before starting a successful business providing graphic and web design services to local businesses on the eastern seaboard of Australia. Joel is skilled in project management, content production, design, animation, database and networking, software, and editing. Joel has been with AZoNetwork since its inception in 2000.

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