Temex Resources Corp. (CVE:TME) unveiled Wednesday high grade gold results from its Q Zone and the Upper Hallnor Mine area on its Whitney project in Timmins, Ontario.
drill program is targeting the Upper Hallnor area to define
near-surface gold resources, typical of what has been mined at the
adjacent Pamour Mine and Hoyle Mine sites, the company said.
past-producing Hallnor Mine was the higest grade multi-million ounce
gold mine in Timmins, Canada's largest gold-producing area.
Since last October, the company has drilled a total of 65 holes for 16,800 metres in this campaign.
of the latest results from the Q Zone include 6.38 grams per tonne
(g/t) gold over 3.78 metres, including 27.9 g/t gold over 0.73 metres in
hole TW11-180, and 36.2 g/t gold over 1.00 metre in hole TW12-208,
extending the known vertical extent by 300 metres.
said this zone, which was discovered in 2009, remains open in all
directions. The Q Zone is a series of high grade quartz veins hosted in
Timiskaming rocks, typical of those that historically produced more than
half of the mineralization mined underground at Hallnor, Temex added.
the Upper Hallnor Mine Horizon, notable assays include 1.05 g/t gold
over 87.48 metres, including 9.97 g/t gold over 0.7 metres and 10.36 g/t
gold over 2.0 metres in hole TW11-173.
results from this area were 1.79 g/t gold over 4.5 metres, including
4.22 g/t gold over 0.90 metres in hole TW11-179, and 1.07 g/t gold over
31.30 metres, including 10.30 g/t gold over 0.50 metres in hole
"We are very pleased by the continued encouraging
drill results through the Upper Hallnor mine horizon and that the Q
Zone, discovered in 2009, has now been intersected along a vertical
distance of 600 metres with several intercepts of high grade gold
mineralization," said president and CEO, Ian Campbell.
The company said the Upper Hallnor Mine horizon also remains open in all directions.
is an advanced gold project that includes four kilometres of the
prolific Timmins gold trend that has been mined for 100 years and
remains the largest gold producing district of Canada.
property is made up of several near-surface gold targets including the
Upper Hallnor, the Upper Broulan Reef, the C Zone, and Q Zone. The
current drill program is being conducted under a joint venture between
Temex, which holds 60 percent as operator, and Goldcorp Canada with the remaining 40 percent stake.
is also exploring its its Juby gold project in northeastern Ontario.
The Juby Main Zone has NI 43-101 compliant resources of 22.3 million
tonnes at a grade of 1.30 g/t gold for 934,645 ounces of gold in the
indicated category and 28.2 million tonnes at a grade of 1.00 g/t gold
for 905,621 ounces of gold in the inferred category, both at a cut-off
grade of 0.40 g/t gold.