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Aurvista Gold Corp. Commences Infill Drilling at Douay West Zone
Montreal, Quebec--(Newsfile Corp. - October 16, 2014) - Aurvista Gold Corporation ( TSXV: AVA ...
About this update from Maple Gold Mines Ltd
[{"type":"text","content":"\nAurvista Gold Corp. Commences Infill Drilling at Douay West ZoneMontreal, Quebec--(Newsfile Corp. - October 16, 2014) - Aurvista Gold Corporation \n(TSXV: AVA) (\"Aurvista\" or the \"Company\") is pleased to \nannounce that it has commenced the first phase of a three phase diamond drill \nprogram on the Douay West Zone (\"Douay West\") at the Company's Douay Gold \nProject, located in northern Quebec along the Abitibi Gold Belt. \nThe objective of the three phase drilling program is to get a \nmore detailed interpretation of the mineralization in certain areas of Douay \nWest. The first phase of the drill campaign will test the northwest and \nsoutheast extensions of the near surface mineralization in an attempt to further \ndefine a trend which could link to a second zone at shallow depth. The second \nand third phases of the drilling program will be infill focused in order to \nfacilitate a conversion of mineralization at depth from the inferred to the \nindicated class. Phase 1 will comprise 1,500 metres of diamond drilling with the \nsecond and third phases comprising 3,900 metres for a total of 5,400 metres of \nadditional drilling at Douay West. The second and third phases are anticipated \nto start sometime in 2015. \nAs part of the phase 1 drilling program the Company has elected \nto conduct geotechnical and hydrogeological investigations on both the \noverburden and rock units at Douay West. In addition to this work the Company \nhas also initiated a geochemistry study. These studies are intended to help the \nCompany better evaluate the merits of an open pit mining scenario against other \nalternatives. Additional study work for the further evaluation of a potential \nunderground mining operation would likely be completed during phase 2 and 3 of \nthe drill campaign. \nThe Company is also concurrently working towards completing a \nPreliminary Economic Assessment (\"PEA\") for both an open pit and underground \nmining scenario at Douay West. The PEA is expected to be completed in Q1 of \n2015. The results of the current drill program and its associated studies are \nnot expected until sometime in Q1 2015 and therefore will not be a part of the \nPEA. Nevertheless, the results in combination with the PEA will help to form the \nbasis of future project definition work that could lead to a pre-feasibility or \nfeasibil...