Assays from 32 of the 57 drill holes completed during the program, including 9,824 meters, are reported herein. Results from the remaining 25 holes (7,968 meters) will be reported once all assays have been received and compiled.
Discussion of Results
The 17,792 meter drill program was designed to systematically step-out along strike and down dip of the known structures (R1, R2 East, and R2 West Trends) to gain better understanding of the structural and lithological controls on gold mineralization, as well as explore for other mineralized structures within the Regnault gold system. Significant results along the R1 Trend continue to indicate multiple significant gold bearing structures. Holes 21RDD056A, which stepped out approximately 100m to the east of 21RDD024 returned 15.40m at 17.96 g/t Au. Hole 21RDD060 stepped out approximately 60m further to the east beyond 21RDD056A and intersected 3.00m at 32.21 g/t Au. Hole 21RDD074 drilled across the R1 structure approximately 270m to the west of 21RDD024 and intersected 3.45m at 17.53 g/t Au incl. 0.50m at 114.60 g/t Au. Drilling along the R1 Trend was completed at approximately 50-meter centers and extended the known presence of shear-hosted mineralization along 750m of strike length and to depths of 275m below surface. The R1 Trend remains open along strike and at depth.
Gold mineralization along the R1 Trend is associated with generally E-W trending and steeply north-dipping shear zones. Mineralized structures transect both the multiphase Regnault intrusive complex and surrounding volcanic rocks and are defined by zones of moderate-strong strain, biotite-calcite +/- silica-chlorite alteration and disseminated pyrite (locally up to 3-10%). High grade intercepts are characteristically shear-hosted, laminated quartz-carbonate-pyrite veins, often haloed by variably deformed extensional stockwork quartz veining locally containing up to 20% pyrite along with trace chalcopyrite and occasional Au +/- Ag tellurides and visible gold. Drilling completed on the R2 Trend has identified gold mineralization along 950m of strike length trending east-northeast and to depths of 350m below surface. High grade gold has been intersected in stacked, shallow north dipping extensional type quartz veins (dominant style for R2 West), and E-W trending, steeply north-dipping shear hosted quartz-carbonate veins (the dominant style of mineralization for R2 East and similar in nature to the R1 Trend). The R2 trend also remains open along strike and down dip.
At R2 West, stepping out on approximately 50-meter centers, drilling demonstrated the presence of several high grade, stacked quartz veins. Hole 21RDD077 drilled approximately 50m to the west of 20RDD002 and returned intercepts of 2.73m at 15.34 g/t Au and 7.50m at 3.06 g/t Au. Hole 21RDD082A drilled approximately 50m to the east of 20RDD002 and returned 1.60m at 28.34 g/t Au, 1.23m at 13.90 g/t Au, 1.19m at 14.12 g/t Au, and 2.81m at 5.81 g/t Au.
The R2 East shear zone is located along the northern margin of R2 West and trends eastward where shearing intersects the volcanic - diorite contact resulting in rheological controlled zones of dilation and vein formation. In this target area drilling followed up on the previous intercept of 20RDD015. Significant high-grade results at R2 East include 21RDD054, which drilled 50m to the east and 190m down dip of 20RDD015, intersecting 1.01m at 26.33 g/t Au. Broad intervals of mineralization were also encountered, such as 21RDD063, which drilled 160m to the east of 20RDD015 and intersected several mineralized zones including 22.00m at 0.73 g/t Au.
To date a total of 34,206m has been drilled at Regnault including the initial discovery drill program in early 2020. Following the recently concluded program, which results are partially reported herein, planning has begun for a winter drill program commencing in
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