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Be the first with the news that moves the market- Orford Mining (ORM) reported multiple gold zones on the Joutel Eagle Property in Northern Québec
- Hole 23-JE-017 intersected multiple thick gold zones such as 1.4 g/t gold over 9.9 metres including 5.0 g/t over 2.3 metres
- Orford’s drilling results have shown that the South Gold Zone hosts higher grade gold over wider intersections than had been reported historically
- Orford Mining Corp. (ORM) opened trading at $0.15 per share
Orford Mining (ORM) reported multiple gold zones on the Joutel Eagle Property in Northern Québec.
These were found within Hole 23-JE-017, which intersected multiple thick gold zones such as 1.4 g/t gold over 9.9 metres including 5.0 g/t over 2.3 metres, 1.4 g/t over 17.6 metres including 5.0 g/t over 2.5 metres and 0.80 g/t over 21.3 metres.
The Joutel Eagle Property is located along the fertile Casa-Berardi Structural Zone and historical Eagle-Telbel Mine Trend in the Abitibi Greenstone belt.
14 holes totalling 2,535 metres have been drilled this year. This drilling program has tested a 400-metre strike length of the South Gold Zone.
| Hole number | From | To | Interval (m) | Au g/t |
| 23-JE-009 | 56.73 | 57.05 | 0.3 | 1.2 |
| 23-JE-017 | 58.1 | 58.6 | 0.5 | 1.5 |
| 23-JE-017 | 78.1 | 83.5 | 5.4 | 0.5 |
| including | 82.8 | 83.5 | 0.7 | 1.3 |
| 23-JE-017 | 99.4 | 102.4 | 3.0 | 2.8 |
| including | 100.0 | 101.3 | 1.3 | 5.3 |
| 23-JE-017 | 116.84 | 120.58 | 3.7 | 1.4 |
| including | 119.4 | 119.7 | 0.3 | 13.4 |
| 23-JE-017 | 124.72 | 134.58 | 9.9 | 1.4 |
| including | 127.3 | 129.7 | 2.3 | 5.0 |
| including | 129.2 | 129.7 | 0.5 | 20.7 |
| 23-JE-017 | 141.32 | 158.87 | 17.6 | 1.4 |
| including | 151.0 | 153.5 | 2.5 | 5.0 |
| 23-JE-017 | 163.24 | 184.5 | 21.3 | 0.8 |
Orford’s drilling results have shown that the South Gold Zone hosts higher grade gold over wider intersections than had been reported historically.
The property is optioned to Globex Mining Enterprises Inc. (TSX:GMX)
Orford’s President and CEO, David Christie commented that the continued results from the 2023 drill campaign on the Joutel Eagle property continue to indicate the tremendous potential value in the South Gold Zone.
“The multiple thick intersections in hole 23-JE-017 improves the continuity of gold grade and thickness across the South Gold zone. We will review the results received from the 2023 drill program and will start to plan a follow-up drill program.”
Orford Mining is a gold explorer focused on highly prospective and underexplored areas of Northern Québec.
Orford Mining Corp. (ORM) opened trading at $0.15 per share.
The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.
