Toronto-based mineral exploration company, Duncan Park Holdings declared that it has completed most of its winter core drill campaign on its McManus and Dome claim groups located in the Red Lake gold camp in northwestern Ontario.
Drilling was completed in spite of unfavorable weather conditions. These two claim groups are subject to the earn-in contracts with Canadian-based minerals company, Sphere Resources. Drilling work included two holes on the McManus Patents and two holes on the Dome claims.
Dome drilling was specifically done to place the intersection of two geological structures that are believed to host gold systems inside the Red Lake gold camp. The geological structures were identified from projections of the geologic framework near and beneath the Red Lake camp. This geologic framework was developed from Duncan Park’s exploration and government mappings. Drilling was performed on the McManus Patents to examine the northwest continuity of the McManus/Chukuni mineralized zone.
Drilled to 1.6 km towards the west of the McManus Gold system, the two Dome holes validated the contacts between a group of mafic volcanic rocks on the north and the Howey Diorite on the south, which is a thin unit of volcano-sedimentary rocks. Contacts have been positioned through drilling. This structural contact zone may denote part of the Flat Lake/Madsen/Goldcorp deformation zone recommended by the Ontario Geological Survey in the 1980s. SD12-09 hole intercepted 0.34 g/t gold over a 3 m core interval at 175 m down-hole.
On the McManus Patents, two step-out holes validated the occurrence of low grade gold mineralization; however, it did not intercept any precious metal mineralization. SM12-12 hole returned 0.288 g/t gold over 9.0 m between 399.0-408.0 m down-hole. Assay intervals seem to be sub-vertical; actual thicknesses can be estimated at 0.6 X sample interval thickness. Overall, six diamond drill holes were outlined from four ice pads on the Red Lake gold camp.
The company has received geochemical results that will be included into the database of the work program.