Yamana Gold announces disovery of East Gouldie Zone
Yamana Gold said today that it discovered a new mineralized zone, East Gouldie, which lies south of the main East Malartic shear and dips north.
"Results indicate that the East Gouldie, East Malartic, and Sladen zones are converging at depth, increasing the level of confidence in the economic potential of overall mineral resource below 1,000 metres and, as such, contributed to the new disclosure of the updated mineral resource figures for East Malartic at year-end 2018," said the company in a news release.
"Among the more notable results are the two discovery holes drilled in late 2018: MEX18-121, which intersected 3.1 grams per tonne (“g/t”) of gold over 28.0 metres (estimated true width), and MEX18-108AC, which intersected 5.5 g/t of gold over 18.1 metres (estimated true width), as well as MEX18-127W, which intersected 8.1 g/t of gold over 26.6 metres (estimated true width).
"Follow-up drilling in 2019 has continued to outline additional gold mineralization, highlighted by holes MEX19-140, which intersected 7.2 g/t of gold over 9.0 metres (estimated true width), and MEX19-139, which intersected 5.1 g/t of gold over 25.2 metres (estimated true width)."