Figure 1: Map of the Qiqavik gold belt property with locations of 2023 work highlighted. Note that grab samples are selective by nature and values reported may not be representative of mineralized zones. Source: Orford Mining Corporation

Orford Mining (TSXV:ORM) has reported the discovery of two new quartz vein gold systems—named Gerfaut East and Central Intrusive—and a new copper showing in the Esperance area on its Qiqavik gold property. The drilling was conducted in several project areas across the property, which spans more than 40 kilometres and hosts high-grade gold occurrences at surface. In 2023, Orford’s work focused on drilling, geophysics, and prospecting in various areas of the belt, including Gerfaut East, Central, Annick, and Eric. A total of 34 Rotary Air Blast (RAB) holes were drilled, covering 2,435 meters, and 32 line-km of ground Induced Polarization (IP) surveys were completed. The company is awaiting results for the majority of the 2,620 samples taken from drilling and the 233 surface samples collected.

David Christie, President and CEO of Orford commented in a press release: “The expertise of our field crews has been rewarded with new gold and copper discoveries on the vastly underexplored Qiqavik property. The ability of our team to continue to make new discoveries illustrates the high prospectivity of the Qiqavik property and how underexplored it remains.”

The Gerfaut East vein system has been located within a north-northeast trending structure that can be traced for over 400 meters along strike. It is characterized by sulfide-bearing quartz veins, which outcrop up to 15 meters in length and contain minerals such as galena, chalcopyrite, and pyrite. These veins are found in a felsic intrusive corridor known to host gold-bearing quartz. Six RAB drill holes were completed in this area, intersecting quartz veins within the top 50 meters of drilling. Assay results for these drill holes are still pending, though some surface grab samples have shown gold concentrations up to 32.3 grams per tonne (g/t Au).

Figure 2: Map of The Newly Discovered Gerfaut East vein system Project Area showing surface grab sample locations and results. Note that grab samples are selective by nature and values reported may not be representative of mineralized zones. Source: Orford Mining Corporation

The Central Intrusive vein system is defined by a series of subparallel east-west shears with ankerite alteration and sulfide veins up to 2 cm in width. These veins contain minerals like galena, pyrite, and arsenopyrite, and are found in local granodiorite boulders. Three holes were drilled in the Central Intrusive area that intersected altered granodiorite containing minor sulfides. Assay results from grab samples and drilling in this area are also pending. Previously collected grab samples in nearby areas have reported gold concentrations up to 30.8 g/t Au.

In the Esperance area, a new zone of semi-massive sulphide with up to 5% chalcopyrite has been identified, hosted in a sheared basalt. This new mineralization outcrops discontinuously over an area of 10 meters by 25 meters and lies 200 meters south of the main Esperance trend. Four channel samples were collected from the exposed mineralization, which covers a width of 5.0 meters. Airborne EM conductors suggest the mineralization may extend eastward for an additional 250 meters. Assay results for these channel samples are pending.

Figure 3: Map of the Newly Discovered Central Intrusive vein system Project Area.
Note that grab samples are selective by nature and values reported may not be representative of mineralized zones. Source: Orford Mining Corporation

Highlights from the results are as follows:

  • New gold-bearing quartz vein system discovered at Gerfaut East.  Surface grab samples returned up to 32.3 g/t Au (Figure 2).  Drill results pending.
  • New style of sulphide rich vein mineralization discovered in the Central Intrusive Zone.  Surface and drill assays pending.
  • New mineralized zone discovered south of the Esperance Gold-Copper trend.  Channel sample assay results pending.

 

 

 

The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a licensed professional for investment advice. The author is not an insider or shareholder of any of the companies mentioned above.
Figure 1: Map of the Joutel Eagle South Gold Zone Showing New Results and Completed Drilling. Note that All drilling intervals are down-hole lengths. True thicknesses cannot be estimated with available information. Information on adjacent properties is not necessarily indicative of the potential on Orford’s Joutel Eagle Property. Source: Orford Mining Corporation

Orford Mining Corporation (TSXV:ORM) has announced exciting news for its Joutel Eagle Property, located in Quebec, as the company has potentially discovered a new gold-bearing horizon. The discovery was made 150 meters north of the South Gold Zone, and it is believed to hold a significant amount of gold.

The discovery was made through the recently drilled hole 23-JE-007, which reported 1.3 g/t Au over 16.1 meters from 201.0 meters. The hole also recorded higher-grade intervals of up to 4.5g/t Au over 1.1 meters. The area where the discovery was made had not been previously explored, and it provides a promising opportunity for further exploration in the region.

David Christie, President and CEO of Orford, commented, “The 2023 drill campaign on our Joutel Eagle property has proven that the property has tremendous potential value with the discovery of a new zone 150 metres to the north of the South Gold Zone.  Drilling on the South Gold Zone continues to prove mineralized continuity along strike which was the main purpose of the program.”

In addition to the new discovery, hole 23-JE-015, drilled in the South Gold Zone, reported 1.10g/t Au over 54.7 meters. Higher-grade intervals of up to 9.1g/t over 0.4 meters were also found in this hole. This hole was drilled 25 meters southeast of the previously reported results from hole 23-JE-004, which recorded 14.6 meters of 4.1 g/t.

While the majority of assays from the 2023 drill program are still pending, these early results are very promising for the Joutel Eagle Property. It is important to note that all drilling intervals are down-hole lengths, and true thicknesses cannot be estimated with the information currently available.

The potential new gold-bearing horizon and the positive results from hole 23-JE-015 represent significant progress for Orford Mining Corporation in its efforts to explore the Joutel Eagle Property. These discoveries could lead to the identification of additional gold deposits, which could significantly increase the value of the property.

Located along the Casa-Berardi Structural Zone and the historical Eagle-Telbel Mine Trend in the Abitibi Greenstone belt, the Joutel Eagle Property has proven to be an excellent location for gold mining. Orford Mining Corporation has recently drilled a total of 14 holes and 2,535 meters in 2023 on the property, testing a 400-meter strike of the South Gold Zone.

Both the 20221 and preliminary 20232 drilling results Orford received to date have shown that the South Gold Zone holds higher-grade gold over wider intersections than had been previously reported. Holes 23-JE-007 and 23-JE-006 were drilled to test the possibility of parallel mineralized horizons to the north of the South Gold Zone and possible cross-structural corridors that could contribute to concentrating gold mineralization on the property.

The gold results obtained from these holes (Table 1) have successfully demonstrated the occurrence of additional gold mineralized zones in addition to the thick South Gold Zone results. The remaining assays are pending, and a full structural interpretation will be completed once all data has been received. This interpretation will help identify additional targets in the South Gold Zone, secondary targets associated with structures hosting higher grades oblique to the South Gold Zone, and other targets along strike and parallel to the South Gold Zone to the northwest and southeast along the Eagle mine horizon.

Table 1: Highlight of Joutel Eagle Drill hole assays received to date. All drilling intervals are downhole lengths. True thicknesses cannot be estimated with available information. Composited intervals are reported at a cut-off of 0.5g/t Au.

From (m)

To (m)

Interval (m)

Gold (g/t)

23-JE-004

100.3

114.9

14.6

4.1

Previously Reported February 21, 2023

including

106

114.8

8.8

5.8

Previously Reported February 21, 2023

including

112.8

114.8

2

8.6

Previously Reported February 21, 2023

including

113.1

113.4

0.3

28.7

Previously Reported February 21, 2023

23-JE-004

128.8

158.9

30.1

1.1

Previously Reported February 21, 2023

including

132.8

145.1

12.3

1.8

Previously Reported February 21, 2023

including

134.5

138.9

4.4

2.9

Previously Reported February 21, 2023

including

142.5

144.1

1.6

2.6

Previously Reported February 21, 2023

23-JE-005

36.8

42.6

5.8

2.4

NEW

including

41.5

42.8

1.3

10.9

NEW

including

42.3

42.7

0.4

27.7

NEW

23-JE-005

53.6

56.9

3.3

2.1

NEW

including

54

55.1

1.1

5

NEW

including

54

54.7

0.7

6.2

NEW

23-JE-005

85.6

93.6

8

1.5

Previously Reported February 21, 2023

including

85.6

90.4

4.8

1.8

Previously Reported February 21, 2023

including

85.6

86.5

0.9

4.6

Previously Reported February 21, 2023

23-JE-006

52.8

53.1

0.3

1.3

NEW

23-JE-006

55.2

56.7

1.5

0.7

NEW

23-JE-006

73

76.4

3.4

0.6

NEW

23-JE-007

201

217.1

16.1

1.3

NEW

including

201

212

11

1.8

NEW

including

205.6

212

6.4

2.4

NEW

including

206

210.4

4.4

3.0

NEW

including

206

207.1

1.1

4.5

NEW

23-JE-007

225.2

229.9

4.7

0.7

NEW

including

229.2

229.8

0.6

2.1

NEW

23-JE-015

81.1

135.8

54.7

1.1

NEW

including

81.1

109.7

28.6

1.7

NEW

including

82.9

88.3

5.4

2

NEW

and

84.9

88.3

3.4

2.5

NEW

including

86.8

88.3

1.5

3.8

NEW

including

87.9

88.3

0.4

7.4

NEW

and

96.5

109.3

12.8

2.7

NEW

including

102

109.3

7.3

3.5

NEW

including

103.7

109.3

5.6

4.0

NEW

including

103.7

104.4

0.7

7.2

NEW

including

107.6

109.3

1.7

4.7

NEW

including

108.1

108.5

0.4

9.1

NEW

Table 2: Status of Assay Results Received from the 2023 Joutel Eagle Drilling Program (SGZ=South Gold Zone)

Hole Number

Assay Reported (%)

Area

23-JE-004

100

SGZ

23-JE-005

100

SGZ

23-JE-006

99.1

North Horizon

23-JE-007

94.2

North Horizon

23-JE-008

0

SGZ

23-JE-009

0

SGZ

23-JE-010

0

SGZ

23-JE-011

0

SGZ

23-JE-012

0

SGZ

23-JE-013

0

SGZ

23-JE-014

0

SGZ

23-JE-015

50

SGZ

23-JE-016

0

SGZ

23-JE-017

0

SGZ

Table 3: Joutel Eagle: South Gold Zone Drill Hole Coordinates (UTM NAD83 Zone 17)

Hole ID

X

Y

Length (m)

Azimuth

Dip

23-JE-004

684302

5490470

195

30

60

23-JE-005

684216

5490520

159

30

60

23-JE-006

684258

5490757

163

30

50

23-JE-007

684207

5490640

252

30

50

23-JE-008

684172

5490545

192

30

55

23-JE-009

684129

5490570

159

30

60

23-JE-010

684073

5490571

156

30

60

23-JE-011

684029

5490597

155

30

60

23-JE-012

684345

5490445

219

30

60

23-JE-013

684389

5490420

189

30

60

23-JE-014

684303

5490462

156

30

50

23-JE-015

684324

5490458

159

30

60

23-JE-016

684159

5490522

162

30

55

23-JE-017

684303

5490462

219

58

57

2535

Total m

 

 

The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a licensed professional for investment advice. The author is not an insider or shareholder of any of the companies mentioned above.

If you would like to receive our free newsletter via email, simply enter your email address below & click subscribe.

MOST ACTIVE MINING STOCKS

 Daily Gainers

 Metalex Ventures Ltd. MTX.V +50.00%
 Tearlach Resources Ltd. TEA.V +50.00%
 Casa Minerals Inc. CASA.V +30.00%
 Opawica Explorations Inc. OPW.V +28.57%
 Extract Resources Ltd. EXT.AX +28.57%
 Poseidon Nickel Limited POS.AX +25.00%
 NorthIsle Copper-Gold Inc. NCX.V +23.81%
 Compass Gold Corp. CVB.V +23.08%
 Metallica Minerals Ltd. MLM.AX +22.73%
 Middle Island Resources Ltd. MDI.AX +21.43%

Download the latest Solaris Resources (SLSSF) Investor Kit

You have successfully subscribed to the newsletter

There was an error while trying to send your request. Please try again.

MiningFeeds will use the information you provide on this form to be in touch with you and to provide updates and marketing.