Gwillim
In
Hole KOD-22-05E intersected KOD Zone C from 633 to 654 meters with anomalous gold values in several decimetric zones containing variable amounts of pyrite, pyrrhotite and chalcopyrite.
Hole KOD-23-06 intersected a 1.7 meter interval (interpreted as KOD Zone A) containing stringers of chalcopyrite and sphalerite with a highly chloritized basalt. No significant gold mineralization was reported.
Hole KOD-23-07 intersected the
The KOD mineralized system remains open along strike to the east and below 600 meters. The Signal zone for its part remains open below 230 meters.
The Gwillim property is under a 50/50 joint venture with Argonaut Gold through its wholly-owned subsidiary Prodigy Gold with Doré Copper being the operator.
Jaculet
Doré Copper completed one drill hole of 600 meters in
Hole JA-23-01 intersected 2.29% Cu and 0.36 g/t Au over 1.5 meters, mainly chalcopyrite in centrimetric veins at a downhole depth of 438 meters (
Drilling and Quality Control
The Company is using Miikan Drilling as the drilling contractor. Miikan is a joint venture between
Sample (half core) preparation was done at
QA/QC is done in house by Doré Copper geologists with oversight from the Vice President Exploration. The check samples (blanks and standards – 4% of total samples with another 2% of core duplicates taken on half split core) that were inserted into the sample batches are verified against their certified values and are deemed a pass if they are within 3 standard deviations of the certified value. The duplicates are evaluated against each other to determine mineralization distribution (nugget). If there are large discrepancies in the check samples, then the entire batch is requested to be re-assayed.
Table 1. Assays Highlights from the 2023 Drill Program
Hole | From (m) | To (m) | Width1 (m) | Au (g/t) | Ag (g/t) | Cu (%) | Zone |
Gwillim | |||||||
KOD-23-05E | No significant mineralization. | KOD Zone C | |||||
KOD-23-06 | 12.40 | 12.80 | 0.40 | 1.51 | 1.40 | - | Signal |
148.00 | 148.70 | 0.70 | 1.45 | 4.10 | - | Unknown | |
KOD-23-06 | 278.30 | 280.00 | 1.70 | 0.38 | 3.70 | 0.14 | KOD Zone A |
including | 278.75 | 279.13 | 0.38 | 1.19 | 4.90 | 0.30 | “ |
KOD-23-07 | 15.00 | 24.80 | 9.80 | 4.41 | 2.11 | - | Signal |
including | 15.00 | 17.30 | 2.30 | 16.51 | 5.34 | - | “ |
including | 15.90 | 16.90 | 1.00 | 36.10 | 11.20 | - | “ |
133.50 | 135.00 | 1.50 | 1.24 | 1.90 | - | Unknown | |
226.50 | 228.00 | 1.50 | 1.23 | 14.00 | - | Unknown | |
Jaculet | |||||||
JA-23-01 | 426.70 | 427.10 | 0.40 | 0.19 | 4.90 | 1.10 | Unknown |
438.00 | 439.50 | 1.50 | 0.36 | 8.43 | 2.29 | Zone 1 | |
445.70 | 446.20 | 0.50 | 0.34 | 6.50 | 1.21 | Unknown |
- The true width of the structures intersected is estimated at approximately 60-80% of the downhole width for Gwillim, and approximately 75-90% of the downhole width for Jaculet.
Figure 1. Gwillim Property – Plan View of 2023 Drill Program
About Doré
Doré
The Corporation has consolidated a large land package in the prolific Lac Doré/
For further information, please contact:
President and Chief Executive Officer | Vice President, Investor Relations |
Phone: (416) 792-2229 | Phone: (416) 219-2049 |
Email: ernest.mast@dorecopper.com | Email: laurie.gaborit@dorecopper.com |
Visit: www.dorecopper.com | |
Facebook: Doré Copper Mining | Twitter: @DoreCopper |
LinkedIn: Doré | Instagram: @DoreCopperMining |
- Technical report titled "Preliminary Economic Assessment for the
Chibougamau Hub-and-Spoke Complex ,Québec, Canada " datedJune 15, 2022 , in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”). The Technical Report was prepared byBBA Inc. with several consulting firms contributing to sections of the study, includingSLR Consulting (Canada) Ltd. ,SRK Consulting (Canada) Inc. andWSP Inc. - Sources for historic production figures: Economic Geology, v. 107, pp. 963–989 - Structural and Stratigraphic Controls on Magmatic, Volcanogenic, and Shear Zone-Hosted Mineralization in the
Chapais-Chibougamau Mining Camp , Northeastern Abitibi,Canada byFrançois Leclerc et al. (Lac Dore /Chibougamau mining camp) and NI 43-101 Technical Report on the Joe Mann Property datedJanuary 11, 2016 byGeologica Groupe-Conseil Inc. forJessie Ressources Inc. (Joe Mann mine). - Report titled “Report on
Diamond Drilling Signal Zone , Gwillim Lake Property, McKenzie Township, Quebec” datedJanuary 1988 , prepared byJerry Zuiderveen , Geologist forFlanagan McAdam & Company .
Cautionary Note Regarding Forward-Looking Statements
This news release includes certain "forward-looking statements" under applicable Canadian securities legislation. Forward-looking statements include predictions, projections and forecasts and are often, but not always, identified by the use of words such as "seek", "anticipate", "believe", "plan", "estimate", "forecast", "expect", "potential", "project", "target", "schedule", "budget" and "intend" and statements that an event or result "may", "will", "should", "could" or "might" occur or be achieved and other similar expressions and includes the negatives thereof. Specific forward-looking statements in this press release include, but are not limited to aiming to be the next copper producer in
All statements other than statements of historical fact included in this release, including, without limitation, statements regarding the timing and ability of the Corporation to receive necessary regulatory approvals, and the plans, operations and prospects of the Corporation and its properties are forward-looking statements. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties and other factors which may cause actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to, actual exploration results, changes in project parameters as plans continue to be refined, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, uninsured risks, regulatory changes, delays or inability to receive required regulatory approvals, health emergencies, pandemics and other exploration or other risks detailed herein and from time to time in the filings made by the Corporation with securities regulators. Although the Corporation has attempted to identify important factors that could cause actual actions, events or results to differ from those described in forward-looking statements, there may be other factors that cause such actions, events or results to differ materially from those anticipated. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Corporation disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
Neither
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/83076e81-8b17-4935-b7a6-b7f5d3e333c4
Figure 1. Gwillim Property – Plan View of 2023 Drill Program
Gwillim Property - Plan View of 2023 Drill Program
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