- Opus One Gold is announcing “excellent” drilling results from its Noyell Gold Project
- The project is located 25 kilometres south of the town of Matagami, Abitibi, Quebec
- The drilling exploration area hosts both present and past gold producers
- A total of 5,104 metres in 12 holes were drilled on the property this winter
- Opus One Gold is unchanged on the day, with shares of the company trading at C$0.07 at 11:13 am ET
Opus One Gold is announcing “excellent” drilling results from its Noyell Gold Project.
The project is located 25 kilometres south of the town of Matagami, Abitibi, Quebec. The company’s target area at the project was made up of a poorly-explored portion of the Casa-Berardi-Douay-Cameron deformation zone.
The area hosts both present and past gold producers. The Noyell property is located 10 kilometres to the east of the past-producing Vezza gold Mine, in the same geological environment.
About half of the assays have been received for analysis and more results are pending.
“The 2021 Winter Noyell drill program is now completed. With about half assays results on hand, we started compiling those results. By now we know the drilled zones we intercepted remain open at depth and Westward. Results obtained provide us with a better picture of the gold system found on Noyell property. Results are very encouraging, and we look forward to following up as we have a large land package in the Vezza-Casa Berardi area to explore,” said Opus One Gold CEO Louis Morin.
All samples above 5 grams of gold per tonne of material were re-assayed with FA. The gold value used in the company’s report is the average of AA and FA results.
Opus One Gold is unchanged, with shares trading at C$0.07 at 11:13 am ET.