Category: Uncategorized
- Published: 29 November -0001
More High Grade Gold At Comtois: 52.4 grams/tonne Gold over 3 meters (within 26.0 g/t Gold over 7.5 meters)
Mineraux Maudore Ltee. (TSX - VX: MAO, FWB: M6L), is very pleased to report new high grade drill hole intervals from its ongoing drilling program at the 100% owned Comtois Gold Project.
Important implications of the new drilling results include:
* Hole #159: 52.4 g/t Au over 3.0m (included within 26.0 g/t Au over 7.5m) indicates that the Osborne North Zone may be characterized by higher grades and wider zones in portions of the deposit;
* Holes 161 & 167A/167C: 6.9 g/t Au over 1.5m (at 625m), 6.0 g/t Au over 1.5m (at 530m) and 10.4 g/t Au over 0.6m (at 630m) confirm the vertical continuity of the deposit and its potential at greater depths; * Holes #164 & 168: 22.1 g/t Au over 1.5m and 15.0 g/t Au over 1.5m confirm the depth potential of the Osborne South Zone below 300m;
* Holes #167C & 181: 10.4 g/t Au over 0.6m and 6.7 g/t Au over 1.5m obtained from previously unknown areas, indicating the potential for new mineralized zones which were first discovered earlier this year;
* Hole #178: 10.0 g/t Au over 1.4m and 8.0 g/t Au over 1.3m indicates that two of the Bell zones extend eastward;
* Holes #181 & 183: 13.6 g/t Au over 1.1m and 10.0 g/t Au over 3.1m confirm the potential to significantly extend the Osborne South Zone to the west of the current resource (at 110m), following up drilling (i.e. Hole # 160) that was 200 m west; this was even farther west.
These results continue to add to Maudore\'s drilling success on the Comtois Gold Project. Ron Shorr, Maudore\'s CEO, commented, \"With our persistent drilling, we continue to get high grade drill results from Comtois. Infill drilling is establishing continuity, depth potential and extensions of known zones, and we\'re getting indications that there may be new zones as well.\"
Comtois has an NI 43-101 compliant Inferred Resource (RPA, 2002) of 808,000 tons containing 524,000 oz gold at a grade of 20.2 g/t (uncut), all located within the first 200 meters from surface. Cut-away and plan view maps showing the relationship between previous and new drilling are attached to this release, and are available on the company website: www.maudore.com.
Three drill rigs are currently active on the project. Two drill rigs continue to conduct delimitation and localized exploration drilling in the known resource area; and a third drilling rig is exploring newly identified VMS targets and gold targets on Comtois and recently acquired properties.
Drilling results
New significant drilling results are detailed in Table 1 and illustrated on Figures 1 and 2.
Table 1. - New Assay Results (COM-07-159, 07-161, 07-164, 08-167A, 08-167C, 08-168, 08-178, 08-181 and 08-183); ------------------------------------------------------------------------- Drill From To Core Gold Weighted High grade Zone and Hole (m) (m) length (g/t) Average interval vertical depth ------------------------------------------------------------------------- COM-07-159 376.50 378.00 1.50 3.93 ------------------------------------ --------------- 378.00 379.50 1.50 48.45 26.0g/tAu 52.4g/tAu North Zone ------------------------------------ over 7.5m over 3.0m at -350m 379.50 381.00 1.50 56.30 ------------------------------------ --------------- 381.00 382.50 1.50 19.88 19.9g/t ov.1.5m ------------------------------------ --------------- 382.50 384.00 1.50 1.44 ------------------------------------------------------------------------- COM-07-161 710.00 711.50 1.50 6.94 6.9g/t ov.1.5m S-South Z. at -625m ------------------------------------------------------------------------- COM-07-164 295.50 297.00 1.50 7.65 7.7g/t ov.1.5m North Z. at -275m ------------------------------------------------------------------------- 314.30 315.80 1.50 22.10 11.8g/tAu 22.1g/t ov.1.5m South Zone ------------------------------------ over 3.0m --------------- 315.80 317.30 1.50 1.42 at -290m ------------------------------------------------------------------------- COM-08-167A 619.50 621.00 1.50 4.48 5.2g/tAu South Zone ------------------------------------ over 3.0m at -530m 621.00 622.50 1.50 5.95 6.0g/t ov.1.5m ------------------------------------------------------------------------- COM-08-167C7 87.40 788.00 0.60 10.40 10.4g/t ov.0.6m unknown at -630 m ------------------------------------------------------------------------- COM-08-168 315.40 316.90 1.50 6.60 7.4g/t Au ------------------------------------ over 3.0m 316.90 318.40 1.50 8.13 9.4g/tAu ---------- South Zone ------------------------------------ over 5.0m at -290m 318.40 318.90 0.50 4.46 ------------------------------------------------------------------------- 318.90 320.40 1.50 14.98 15.0g/t ov.1.5m ------------------------------------------------------------------------- 385.40 386.90 1.50 7.22 7.2g/t ov.1.5m S.South Z. at -350m ------------------------------------------------------------------------- COM-08-178 85.70 87.00 1.30 7.98 8.0g/t ov.1.3m Bell no.2 at -70m ------------------------------------------------------------------------- 128.70 130.10 1.40 10.04 10.0g/t ov.1.4m Bell no.1 at -120m ------------------------------------------------------------------------- OM-08-181 116.55 117.60 1.05 0.63 7.3g/tAu South Zone ------------------------------------ over 2.2m at -110m 117.60 118.70 1.10 13.63 13.6g/t ov.1.1m ------------------------------------------------------------------------- 289.50 291.00 1.50 6.70 6.7g/t ov.1.5m unknown at -270m ------------------------------------------------------------------------- COM-08-183 65.00 66.00 1.00 51.25 20.5g/tAu 51.3g/t ov.1.0m North Zone ------------------------------------ over 2.5m --------------- at -40m 66.00 67.50 1.50 0.06 ------------------------------------------------------------------------- 165.30 165.60 0.30 13.80 10.0g/tAu 11.1g/t Au South Zone ------------------------------------ over 3.1m over 1.7m at -110m 165.60 167.00 1.40 10.50 --------------- ------------------------------------ 167.00 168.40 1.40 8.63 8.6g/t ov.1.4m ------------------------------------------------------------------------- Gold grades (g/t Au) are expressed uncut.
Weighted averages are expressed over core length. In most cases, core length and true width are close to being the same given the dip of the drill hole and the strike and dip of the mineralized zone.
Composites (weighted averages) for the Comtois zones were calculated over a minimum core length of 1.5 m.
Identification of the mineralized zone is based on a preliminary interpretation using plan and cross-sectional representations.
Vertical depth: correspond to the depth from surface.
Figure 1 - Osborne South Zone schematic and composite longitudinal view (looking North).
To view Maudore Minerals Ltd. Osborne South Zone schematic, please click on the link provided: http://www.usetdas.com/maps/maudore/osbornesouth.pdf
Note: Gold grades (g/t Au) are expressed uncut. Weighted averages are expressed over core length. In most cases, core length and true width are close to being the same given the dip of the drill hole and the strike and dip of the mineralized zone. Composites (weighted averages) for the Comtois zones were calculated over a minimum core length of 2 m. Identification of the mineralized zone is based on a preliminary interpretation using plan and cross-sectional representations. Some points located at depth may correspond to the North Zone.
Figure 2 - Comtois surface plan view - Osborne zones area
To view Maudore Minerals Ltd. Comtois surface plan, please click on the link provided: http://www.usetdas.com/maps/maudore/comtoissurfaceplan.pdf
Note: Gold grades (g/t Au) are expressed uncut. Weighted averages are expressed over core length. In most cases, core length and true width are close to being the same given the dip of the drill hole and the strike and dip of the mineralized zone. Composites (weighted averages) for the Comtois zones were calculated over a minimum core length of 2 m. Identification of the mineralized zone is based on a preliminary interpretation using plan and cross-sectional representations.
Quality Assurance and Quality Control (QA/QC)
The Comtois exploration program is supervised by Alain Carrier, M.Sc., P.Geo., of InnovExplo Inc., a consulting firm based in Val-d\'Or Quebec. Alain Carrier is a Qualified and Independent Person as defined under Regulation 43-101 guidelines. Comtois exploration is conducted under strict QA/QC protocols including mineralized standards, blanks and field duplicates. Half of all sampled core is retained for future reference, and analyses are performed by ALS-Chemex laboratories in Val-d\'Or (Quebec) and Timmins (Ontario).
About Maudore Minerals
Maudore Minerals Limited is a Canadian exploration company listed on the TSX Venture Exchange under the symbol MAO, and the Frankfurt Stock Exchange under the symbol M6L. Maudore owns 100% of the Comtois High Grade Gold project located in Quebec, Canada. In May 2007, Maudore raised $5.5 Million to advance exploration programs on the Project.
The current Inferred Mineral Resource at Comtois (RPA, 2002) is 524,000 ounces of gold [808,000 tonnes at 20.2 g/t Au (uncut)] or at 249,400 ounces of gold [808,000 tonnes at 9.6 g/t Au (cut at 30 g/t Au)]. The deposit remains open in all directions and at depth.
A program to explore the volcanogenic massive sulphide (VMS) potential on the property is also under way. VMS gold deposits of high grade and large size are found more commonly in Quebec than anywhere else in the world. Maudore recently expanded the Comtois property (which now covers an area of 16,440 hectares) to encompass several areas with indications of VMS mineralization. Maudore has also staked properties with gold and VMS potential in prospective portions of the volcanic belt extending 95 kilometers west, beyond the Sleeping Giant Mine. Maudore\'s properties amount to 1052 claims covering an area of more than 50,000 hectares.
Statements in this release that are not historical facts are \"forward-looking statements\" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Readers are cautioned that any such statements are not guarantees of future performance and that the actual developments or results may vary materially from those in these \"forward-looking statements.\"
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
On behalf of the Board of Directors:
Maudore Minerals Limited
Ronald Shorr
President/CEO and Director
(514) 761-1415
www.maudore.com
1000 de la Gauchetiere West 24th Floor
Montreal, QC
H3B 4W5 CANADA
Telephone: (514) 761-1415
Fax: (208) 474-1560
Website: www.maudore.com
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Source: Mineraux Maudore Ltd. (MAO - TSXV) www.maudore.com
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Ph: (403) 717-3898 Fx: (403) 717-3896 www.usetdas.com