Business
Opus One Resources Trenches 1.4 Metres of 5.6 g/t Gold at Grizzly Property
MONTREAL, QUEBEC--(Marketwired - Nov. 15, 2017) - OPUS ONE Resources Inc. (the "Company" or "OPUS ONE") (TSX VENTURE:OOR), is pleased to announce that the summe
About this update from Opus One Gold Corporation
[{"type":"text","content":"MONTREAL, QUEBEC--(Marketwired - Nov. 15, 2017) - OPUS ONE Resources Inc. (the \"Company\" or \"OPUS ONE\") (TSX VENTURE:OOR), is pleased to announce that the summer trenching program on Vein No-3 in the Kellar Lake area was successful and has returned encouraging gold grades. The Kellar area presents a system of stacked NNE and conjugate EW gold bearing structures. The 2017 trenching program was designed to expose the East West trending Vein No-3, discovered during the 2016 fall trenching program. Mechanical stripping was carried out over Vein No-3 to expose the maximum length of the vein. Over 100 metres of strike length was stripped and sampled. The structure remains open in all directions. The vein varied in width from 0.2 to over 2.0 metres including the mineralised and silicified contact zone. It consists of quartz and carbonate with minor tourmaline and sulfides (up to 5% pyrite and local chalcopyrite). The vein strikes East-West and dips to the South at approximately 55 degrees. The host rock is strongly altered (mostly carbonate and silica) massive and pillowed basalt flows. Channel samples were taken at 3 to 5 metre intervals across the mineralised zone, where ever possible. The full width of the zone was not always accessible for channel sampling. The following table is a summary of the best individual or composite assay results from over 35 channels totaling 98 individual samples oriented perpendicular to strike: Vein No-3 Channel # Weighted Avg g/t Au Length m Extent Zone Sampled 02 5.21 0.43 Full 09 4.39 0.84 Full 19 12.48 0.24 Full 26 6.34 0.78 Full 32 4.24 0.62 Partial 34 5.59 1.36 Partial A table with complete assay results, location maps and detailed trench maps can be found at the link indicated at the end of the release. Vein No-3 and structure was lost both to the East and West due to thick overburden; however the IP survey carried out in 2016 did show continuity and other similar parallel EW and NNE anomalies. Best grades and thicknesses were observed at the East end of the trench. Follow up exploration toward the East is planned for the next phase in 2018, consisting of diamond drilling over the best geological and geophysical targets in the Kellar area. Other trenches were also completed over historical showings Vein No-2 and 'Kill'. However, no significant results were obtained from these trenches. ...