45.54 F
London
December 12, 2024
PI Global Investments
Gold

Probe Gold drills 1.17% copper over 9.5 metres at La Peltrie option property


Probe has optioned a 65% interest in the La Peltrie project from Midland Exploration (TSXV: MD). The property is located about 25 km southeast of Agnico Eagle’s Detour Lake gold mine.

“The 2023 exploration program at La Peltrie was very successful in not only delineating a large, copper-rich, base metal system, but also higher-grade zones within that system that could significantly enhance project value,” Probe CEO David Palmer said in a release.

“The results were also useful in adding to our geological understanding of the area and identifying new high-priority areas proximal to the discovery zone. We are currently planning our 2024 drilling program, which will focus on further expanding the system, defining these new, higher-grade zones and testing parallel structures and horizons,” he added.

Highlights from the 2023 drill program include the following:

  • Hole LAP-23-18 intersected a wide mineralized interval grading 0.11% copper over 363 metres, including a high-grade zone with grades of 1.17% copper over 9.5 metres.
  • Hole LAP-23-19 returned an interval grading 0.17% copper over 15.2 metres, and another grading 0.09% copper over 17 metres.
  • Hole LAP-23-20 yielded a wide interval grading 0.09% copper over 400.2 metres, including an interval grading 0.50% copper over 13.2 metres.
  • Hole LAP-23-21 returned an interval grading 0.16% copper over 22 metres, and another grading 0.12% copper over 66 metres.

Based on these results, Probe plans to continue drilling at La Peltrie, which is part of the company’s Detour Quebec project. The project also includes the Gaudet-Fenelon JV property and the wholly owned Detour Quebec Main and North properties.





Source link

Related posts

Governor of eastern Congo’s gold-rich province bans mining activities to ‘restore order’

D.William

Denmark’s queen takes final ride in gold carriage before abdication | Lifestyle

D.William

Gold maintains its bid tone amid cautious market mood, subdued USD demand

D.William

Leave a Comment

* By using this form you agree with the storage and handling of your data by this website.