Business
Margaux Resources' Bayonne Drill Results Confirm Good Gold Grades and Viable Vein Widths Below Historic Workings
Calgary, Alberta--(Newsfile Corp. - October 24, 2017) - Margaux Resources Ltd.  (TSXV: MR...
About this update from Cassiar Gold Corp
[{"type":"text","content":"Margaux Resources' Bayonne Drill Results Confirm Good Gold Grades and Viable Vein Widths Below Historic WorkingsCalgary, Alberta--(Newsfile Corp. - October 24, 2017) - Margaux Resources Ltd.  (TSXV: MRL) (OTCQB: MARFF) (\"Margaux\" or the \"Company\") is pleased to announce partial results from the recently completed diamond drill program on the Bayonne gold property, part of the Company's Kootenay Arc project in southern B.C. Key Highlights●   18.2 g/t gold intercept from first ever drilling on Maggie Aikens vein. ●   31.5 g/t gold intercept from drilling at Bayonne Main vein. ●   15.31 g/t gold over 1.85m from Bayonne Main vein, 20m below the limit of historic mining.●   1 km surface trace for Bayonne Main vein.The Bayonne property hosts several high-grade, steeply dipping gold-bearing orogenic quartz veins hosted by granodiorite. Thirteen holes totaling 2,089 m were drilled on the Bayonne property during 2017, to test 3 separate vein targets; Bayonne Main, Bayonne 'A' and Maggie Aikens veins. \"Our drilling, the first ever at depth below the Bayonne mine, has confirmed that good gold grades and viable vein widths continue at depth below the historic mine workings. In addition, we've successfully intersected the Maggie Aikens vein below the point where our high-grade surface samples were collected, and confirmed gold values at depth within this vein,\" stated Margaux's President and CEO, Tyler Rice.Hole IDFrom(m)To (m)Length(m)Au(g/t)Ag (ppm)Pb(%)Zn (%)Maggie Aikens veinBA17-0135.5036.501.001.400.3 BA17-0232.4034.201.805.11 including32.4033.200.806.394.3 33.2034.201.004.092.1 BA17-0345.6747.742.074.45 including45.6746.320.655.120.9 46.3247.421.100.060.3 47.4247.740.3218.2010.70.57 BA17-04No significant results BA17-0551.2451.650.415.712.4  BA17-06No significant results Main VeinBA17-07123.35124.250.903.1625.61.591.46BA17-08157.70159.551.8515.3142.31.671.11including157.70158.550.8531.5079.53.352.19 158.55159.551.001.5410.7 BA17-09Hole lost before target depth, no significant results  BA17-09A168.70169.400.703.398.9  170.10170.900.801.133.8 0.82A VeinBA17-09A337.00337.400.401.021.4 BA17-10Assays pendingBA17-11Assays pendingBA17-12Assays pending  Six holes were drilled at the Mag...