St. Eugene Mining has reported the remaining results of the 2011 exploration program conducted at the Amisk Gold joint venture project, Northeast Saskatchewan. The company intersected 23.5 g/t silver and 6.24 g/t gold over 12.0 m, 0.91% lead and 3.39% zinc over 1.81 m in the hole AL-11-318, 14.9 g/t silver and 1.95 g/t gold over 18.95 m in the AL-11-319.
The company drilled 6,480 m, totaling 20 holes, in the fall campaign. Drilling examined from the surface to over a depth of 700 m. The program’s plan is to extend the Amisk Gold deposit and to infill the deposit’s east and north portions.
Intercepted mineralization is connected with a series of rhyolitic lapilli tuffs, quartz porphyritic and basaltic tuffs, stringers and argillite, intervals of chalcopyrite, galena, sphalerite, pyrite, pyrrotite and tetrahedrite and is reliable with the present resource model.
The company validated continuous gold mineralization in the hole AL-11-319 in the deposit’s southeast part. This hole revealed the possibility for extension towards the southeast and eastern parts. The company drilled four holes through assessing the system continuity to more than 700 m depth. Mineralization intersected in the hole AL-11-318 includes up to 0.60 g/t gold 71.74 m in the hanging wall.
The property is a joint venture between St. Eugene and Claude Resources. Claude has 65% interest, while Eugene holds 35% in the Amisk Gold JV. The former operates joint venture.
Source: http://www.steugenemining.ca/