The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Northquest Ltd. April 8 reported an initial resource estimate for the Vickers Zone of its Pistol Bay gold project in eastern Nunavut.
Based on 17,240 meters of drilling in 69 holes, Vickers encompasses 7.79 million metric tons of inferred resource averaging 2.95 grams per metric ton (739,000 ounces) gold.
This resource is contained in seven domains within the Vickers Zone.
Roughly 75 percent of this inferred resource - 5.62 million metric tons averaging 3.09 g/t (558,000 oz.) gold - is found in Domain 101.
A technical report supporting the resource and describing in detail the nature and distribution of 16 other gold occurrences on the Pistol Bay property will be filed on SEDAR in 45 days.
Over his more than 16 years of covering mining and mineral exploration, Shane has become renowned for his ability to report on the sector in a way that is technically sound enough to inform industry insiders while being easy to understand by a wider audience.
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