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McLaren Resources Drills Gold Mineralization on Augdome Property, Adjacent to Proposed Dome Mine Expansion
Toronto, Ontario--(Newsfile Corp. - January 4, 2018) - McLaren Resources Inc. (CSE: MCL) (FSE: 3ML) ("McLaren" / the "Company") announces that it has recently c
About this update from Mclaren Resources, Inc.
[{"type":"text","content":"Toronto, Ontario--(Newsfile Corp. - January 4, 2018) - McLaren Resources Inc. (CSE: MCL) (FSE: 3ML) (\"McLaren\" / the \"Company\") announces that it has recently completed an eleven-hole, 1,727 metre diamond drill program that was successful in intersecting gold mineralization on the west boundary of the Augdome Gold Property which is situated adjacent to the Dome Mine operated by Goldcorp Inc. (\"Goldcorp\") On October 25, 2017, Goldcorp announced a base case pre-feasibility study with a contained resource which included approximately 4.5 million gold ounces having a diluted grade of 0.87 grams per tonne to be integrated into the proposed Dome Mine expansion plus an additional 0.9 million ounce inferred resource. The proposed Dome Century Project could significantly expand the footprint of the Dome Mine Open Pit. The gold mineralization which was intersected in McLaren's drill program crosses onto the Augdome Gold Property from the Dome Mine property. This gold mineralization is hosted within the gold-bearing Destor-Porcupine Fault structure in an area that has been disrupted and intruded by felsic intrusive porphyries. The Augdome Gold Property overlies approximately 2,300 metres of the Destor-Porcupine structure. Drill results from the Augdome gold zone are presented in the table below. HOLE-ID Length Az dip from to Au-gpt width MCAG-17-01 246 180 -45 41.0 51.0 0.51 10.0 MCAG-17-02 150 180 -65 66.5 74.0 1.57 7.5 incl. 67.5 70.5 3.09 3.0 MCAG-17-04 333 135 -45 46.0 55.0 0.62 9.0 83.0 85.0 0.55 2.0 MCAG-17-08 111 180 -45 83.0 91.0 2.62 8.0 MCAG-17-10 120 145 -50 74.0 76.0 1.18 2.0 Intervals reported here are core lengths. True widths are not known at this time.All depths are reported as down hole. All drilling was completed using NQ size core. Gold analysis of the samples collected by McLaren were undertaken by ALS Canada Ltd.. Analysis consisted of a fire assay of a 30-gram sample with an atomic absorption finish. Samples assaying over 10.0 gpt Au are re-assayed with gravimetric finish. Samples noted to contain visible gold are analyzed via total metallic assay method. A rigorous Quality Control and Assurance Program is in place, using control samples such as blanks, standards and duplicate checks. The information presented in this news release has been reviewed and approved by...