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LaFleur Minerals reports mixed drill results at Swanson Gold project
Highlights included 6.05 grams of gold per tonne over 8 metres at Bartec, while overall results did not show strong continuity, and the stock fell more than 18% since September.
LaFleur Minerals reported additional drill results from its Swanson Gold project in northwestern Quebec, and its stock dropped following the announcement, Mining.com reported.
At the Bartec target, hole SW-26-124 intersected 6.05 grams of gold per tonne over 8 metres. At the Jackson target, hole SW-26-111 returned 1.45 grams of gold per tonne over 7.70 metres, while Jolin’s results included hole SW-26-103 intersecting 1.77 grams of gold per tonne over 6.45 metres.
LaFleur said that, at Jackson, gold has now been intersected over a 1,200-metre corridor west-northwest of a historical showing, and that at Jolin several holes returned multiple mineralized intervals, according to the company’s CEO comments cited by Mining.com.
Even with some encouraging grades, the outlet reported that the results did not demonstrate strong continuity. Swanson is a 19,214 hectare project in the Abitibi Gold Belt, 66 kilometres from Val-d’Or, Quebec, and the company’s stock has fallen more than 18% since September.
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