Jun 19 2013
Coventry Resources Inc. ("Coventry" or "the Company") is pleased to advise that a drilling program has commenced at its West Cedartree Gold Project in western Ontario. The West Cedartree Gold Project forms part of the Company's greater Cameron Gold Camp Project, where Coventry is advancing the evaluation of the construction of a centralised processing facility at the Cameron Gold Deposit, located 10 km to the east (Figure 1).
The current drilling program will comprise approximately 2,000 metres of NQ diamond core and will target extensions to known gold mineralisation at the Robertson and McLennan Prospects. The objective is to delineate additional shallow resources that can be used to augment the known mineral resource inventory within the Cameron Gold Camp Project (see Appendix 1). Ongoing review of the Cameron Project subsequent to the recent release of the PEA (Jan 2013) has indicated that additional open resources will have a material positive impact on project economics.
Robertson Prospect
The Robertson Prospect (Figure 1 and 2) comprises a northeast-southwest trending mineralized zone within gabbro that has been delineated over a strike length of 200m and to a vertical depth of 120m. The Robertson Prospect was identified from reconnaissance rock chip sampling that returned anomalous results and was followed up by three mechanical stripping and channel sampling programs that returned further positive results.
In 2010 and 2011, a total of 15 diamond drillholes for 1,980 metres were completed by the previous operator, Houston Lake Mining Inc. ("Houston Lake"). Seven of the holes returned economic intercepts, including:
- 20.5m @ 2.17 g/t Au from 62.0m, including 5.6m @ 4.08 g/t Au from 74m
- 11.9m @ 3.10 g/t Au from 149.1m
- 16.7m @ 2.00 g/t Au from 19.8m
- 12.7m @ 1.73 g/t Au from 122.3m
- 17.3m @ 1.22 g/t Au from 2.3m
- 4.5m @ 2.10 g/t Au from 20.0m
The drilling has resulted in the delineation of a coherent zone of mineralisation comprising disseminated pyrite associated with silica-albite-carbonate alteration that strikes to the northeast-southwest and dips steeply (70-80°) to the southeast (Figure 2). The plunge to the system appears to be to the northeast. The main mineralised zone remains open along strike to the northeast and at depth. Encouragingly, the deepest drilling intercepts have recorded the highest grades; and more than one mineralized zone is indicated.
About 150m directly along strike to the northeast of the main area of drilling at Robertson is a cluster of anomalous rock chip samples, where previous analytical results from samples collected within a 40m x 40m area range from 0.16 g/t Au to 7.59 g/t Au (Figure 2). If, as interpreted, these rocks represent the extension of the main mineralized zone at Robertson, then the strike length of the prospect is greater than 320m.
Seventeen drillholes totalling 1,400 metres are planned to test the extension of the mineralization along strike and, both up and down dip at Robertson (Figure 2).
McLennan Prospect
The McLennan Prospect ("McLennan") is located 1.5 km north-northwest of Robertson (Figures 1 and 3) and is a historic gold occurrence that was discovered probably in 1940's. The mineralization at McLennan comprises silica-pyrite breccia that is sub-parallel to a shear zone within mafic volcanic rocks. There appear to be two mineralized zones, each about 2-5m thick, that may extend over a strike of about 450m.
In 1944, Sylvanite Gold Mines completed trenching and shallow diamond drilling over 350m of strike length recording results up to 5.5m @ 7.2 g/t Au in trenches and 1.0m @ 18.37 g/t Au in drilling. In 1985 Falconbridge Limited completed an additional drilling program which largely repeated the Sylvanite results.
Houston Lake completed limited work at McLennan between 2004-2008 and later in 2011, which variably set about testing the mineralization with diamond drilling following the completion of a project-wide IP survey. Specifically, Houston Lake targeted IP chargeability anomalies it interpreted being the geophysical signature of the mineralisation, rather than interpreted extensions of the known mineralization within trenches, that are significantly offset from the tested IP anomalies.
This work recorded variable results, with four holes that were completed underneath the main trenches (Trench 1 and 2) returning the following results (Figure 3):
- 9.0m @ 4.04 g/t Au from 26.0m
- 5.8m @ 5.80g/t Au from 24.0m
- 7.7m @ 2.24 g/t Au from 53.0m
It is interpreted that a thicker, higher grade zone of mineralization extends to the southwest over a strike of about 80m and that this has not yet been tested by previous explorers. Furthermore the depth extents of mineralization, below the known intercepts, are also yet to be followed up. Nine drillholes for a total of 900m are planned at McLennan, testing these positions (Figure 3).
It is anticipated that the drilling program will be completed in about four weeks, with analyses likely to be returned a month later.
To view Figures 1, 2, and 3, visit the following link: http://media3.marketwire.com/docs/617cyyb.pdf.
Source: http://www.coventryres.com/