The Company is reporting assay results from twenty-eight (28) diamond drill holes from which three (3) were abandoned due to excessive deviation. This part of the 2021 drilling program has totaled 10,418 metres. This program tested a segment of the Cadillac Fault located approximately 1 to 3 kilometres west of the Lac Gamble zone.
The assay results reported herein are provided in Table 1, and include the following highlights that are also illustrated on a series of longitudinal sections attached to this news release:
- Drill hole CI-21-786: 2.6 metres grading 13.54 g/t Au in the Main zone
- Drill hole CI-21-788: 4.0 metres grading 5.21g/t Au in the Footwall Contact zone
Cinderella Central sector:
- Drill hole CI-21-794: 5.2 metres grading 84.0 g/t Au in the Main zone
- includes: 2.0 metres grading 213 g/t Au
- includes: 2.0 metres grading 213 g/t Au
- Drill hole CI-21-796: 4.2 metres grading 24.7 g/t Au in the main zone
- includes: 1.0 metres grading 102 g/t Au
- includes: 1.0 metres grading 102 g/t Au
- Drill hole 11-CI-561W: 10.4 metres grading 4.15 g/t Au in the main zone
- includes: 3.1 metres grading 12.14 g/t Au
Augmitto sector:
- Drill hole AUG-21-800: 1.2 metres grading 36.3 g/t Au in the Footwall Contact zone
- Drill hole AUG-21-801A: 6.9 metres grading 3.10 g/t Au in the Upper zone
- Drill hole 11-AUG-544W: 1.0 metre grading 26.6 g/t Au in the Main zone
The diamond drilling program had for main objective to test further areas where previous drilling identified zones of mineralization and to evaluate its continuity with potential to outline a resource. All drill holes successfully intersected the targeted sheared Cadillac-Piché corridor, which hosts several mineralized structures emplaced at different levels in the stratigraphy.
The Upper and Main zones are associated with alteration varying from several metres to greater than ten metre in width, hosted in the ultramafic rocks of the Piché Group, exhibiting variable carbonatization, fuchsite, silicification, and crosscut by a network of white quartz and brown tourmaline stockwork veins and breccias. Gold mineralization occurs as small specks of visible free gold associated with minor sulphides in quartz-tourmaline veinlets.
At the south contact of the Piché Group with the sedimentary sequence, another mineralization style (the Footwall contact zone) is frequently intersected and is characterized by grey quartz veinlets containing rare visible gold and up to 10% disseminated to narrow massive bands of Arsenopyrite adjacent to the veins. Occasionally similar mineralization is also observed further away from the contact and exclusively hosted in the sediments. This zone is referred to as the Footwall zone.
Results in the Cinderella Central sector seems to demonstrate a certain continuity of the High-Grade mineralization.
Next Steps
This drilling program has been conducted in the second half of 2021 and long delays to receive the assay results were experienced. These results are now integrated with the existing geological, geochemical and structural information to support the development and refinement of preliminary deposit models to support a future potential maiden resource estimate targeted for the end of 2022.
An additional exploration drilling phase was also recently completed and tested the extensions to the east and to the west of the Lac Gamble zone. A total of 6,456 metres were drilled in eleven (11) holes including two (2) holes abandoned for technical problems. These assay results will be reported and integrated to the current database when received, validated and compiled.
Technical Information and Quality Control Notes
The drilling results contained in this news release have been prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”).
Mr.
The design of the drilling program and interpretation of results is under the control of IAMGOLD’s and Yorbeau’s geological staff, including QPs employing strict protocols consistent with NI 43-101 and industry best practices. The sampling of, and assay data from, the drill core is monitored through the implementation of a quality assurance - quality control (QA-QC) program. Drill core (NQ size) is logged and samples are selected by geologists and then sawn in half with a diamond saw at the project site. Half of the core is retained at the site for reference purposes. Sample intervals may vary from 0.5 to 1.5 metres in length depending on the geological observations.
Half-core samples are packaged and transported in sealed bags to either AGAT laboratories (“AGAT”) in Val d’Or,
About the
The Rouyn Gold Property is located about 4 km south of
The
IAMGOLD holds a purchase option with Yorbeau for the
About
The Rouyn Property, wholly-owned by the Company, is subject to a definitive agreement signed in
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For further information, please contact: | |
President, Chief Financial Officer | Consulting geologist |
gbodnar@yorbeauresources.com | lhalle@yorbeauresources.com |
Tel: 514-384-2202 | Tel: 819-764-6796 |
Toll free in | |
Forward-looking statements: Except for the statement of historical fact, all statements in this news release, including without limitation, regarding the prospects of the Rouyn project, drilling results, future plans and objectives are forward-looking statements which involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from those anticipated in such statements. Yorbeau disclaims any obligation.
Yorbeau Reports Assay Results from the Cinderella and Augmitto Areas on the Rouyn Project , Québec
Cinderella East - Longitudinal Section: Longitudinal Section of the Main Zone
Yorbeau Reports Assay Results from the Cinderella and Augmitto Areas on the Rouyn Project , Québec
Cinderella Central and West - Longitudinal Section: Longitudinal Section of the Main Zone
Yorbeau Reports Assay Results from the Cinderella and Augmitto Areas on the Rouyn Project , Québec
Table 1: Rouyn Project Drilling Results - 2021 Drilling Program
Yorbeau Reports Assay Results from the Cinderella and Augmitto Areas on the Rouyn Project , Québec
Augmitto - Longitudinal Section: Longitudinal Section of the Main Zone
Yorbeau Reports Assay Results from the Cinderella and Augmitto Areas on the Rouyn Project , Québec
Table 1 (continued): Rouyn Project Drilling Results - 2021 Drilling Program
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