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Canoe Mining intersects gold values at its wholly-owned Iron Lake Gold Project, Ontario
OAKVILLE, ON , Aug. 7, 2014 /CNW/ - Canoe Mining Ventures Corp. (TSXV: CLV)( "Canoe ...
About this update from Canoe Mining Ventures Corp.
[{"type":"text","content":"\n\nOAKVILLE, ON, Aug. 7, 2014 /CNW/ - Canoe Mining Ventures Corp. (TSXV: CLV)(\"Canoe Mining\") announces the results from its 10 hole (1301m) drill program targeting the Abbie Lake section of Canoe Mining's 100% owned Iron Lake Gold Project.  A summary of the significant gold values from this drill program is displayed below:\n\nHole AL14-01 - 7.3 g/tonne Au over 1m – from 131.75m to 132.75mHole AL14-02 - 3.125 g/tonne Au over 2.5m – from 86.5m to 89mHole AL14-06 - 3.121 g/tonne Au over 5m – from 40.0m to 45m\n\nCanoe Mining obtained assay results of similar geology and grade to those outlined at the Wesdome Gold Mines Ltd. Mishi gold deposit which is located 11km to the southwest of the Iron Lake Gold Project.  A table containing significant individual assays is displayed below:\n\n\n\n\n\nDepth\n\n\nLength\n\n\nICP Assay\n\n\n\nHole Number\n\n\nFrom (m)\n\n\nTo (m)\n\n\n(m)\n\n\n(Au g/tonne)\n\n\n\nAL-14-01\n\n\n131.75\n\n\n132.25\n\n\n0.5\n\n\n5.7\n\n\n\nAL-14-01\n\n\n132.25\n\n\n132.75\n\n\n0.5\n\n\n8.9\n\n\n\n\n\nAL-14-02\n\n\n86.5\n\n\n87\n\n\n0.5\n\n\n7.74\n\n\n\nAL-14-02\n\n\n87\n\n\n87.5\n\n\n0.5\n\n\n1.77\n\n\n\nAL-14-02\n\n\n87.5\n\n\n88\n\n\n0.5\n\n\n0.055\n\n\n\nAL-14-02\n\n\n88\n\n\n88.5\n\n\n0.5\n\n\n2.61\n\n\n\nAL-14-02\n\n\n88.5\n\n\n89\n\n\n0.5\n\n\n3.45\n\n\n\n\n\nAL-14-06\n\n\n40\n\n\n40.5\n\n\n0.5\n\n\n0.485\n\n\n\nAL-14-06\n\n\n40.5\n\n\n41.5\n\n\n1\n\n\n0.077\n\n\n\nAL-14-06\n\n\n41.5\n\n\n42\n\n\n0.5\n\n\n18.2\n\n\n\nAL-14-06\n\n\n42\n\n\n42.5\n\n\n0.5\n\n\n10.4\n\n\n\nAL-14-06\n\n\n42.5\n\n\n43\n\n\n0.5\n\n\n0.371\n\n\n\nAL-14-06\n\n\n43\n\n\n44\n\n\n1\n\n\n0.166\n\n\n\nAL-14-06\n\n\n44\n\n\n45\n\n\n1\n\n\n0.632\n\n \n\nAll assay results are uncut.  All the assay results and sub-intervals summarized in the table above have a bottom cut-off of 0.05 g/tonne of gold. Average grades presented are shown as weighted averages. True width is estimated to be 66 % of the sample width.\n\nA drill-hole location map can be found on the Canoe Mining website by visiting www.canoemining.com/projects.\n\nThe gold mineralization at the Iron Lake Gold Project is hosted within and on the margin of quartz veins enclosed in sheared Temiskaming type sediments (meta conglomerates, sheared tuffs, and sediments) as well as in adjoining mafic volcanic units where iron carbonate alter...