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Val-d'Or Mining Corporation Announces the Start of its 2020 Field Exploration Season

Val-d'Or, Quebec--(Newsfile Corp. - July 15, 2020) -   Val-d'Or Mining Corporation (TSXV:...

articleVal-d'or Mining CorporationJuly 15, 20204/company/val-dor-mining-corporation/news/val-dor-mining-corporation-announces-the-start-of-its-2020-field-exploration-season
Val-d'Or Mining Corporation Announces the Start of its 2020 Field Exploration Season

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[{"type":"text","content":"Val-d'Or Mining Corporation Announces the Start of its 2020 Field Exploration SeasonVal-d'Or, Quebec--(Newsfile Corp. - July 15, 2020) -  Val-d'Or Mining Corporation (TSXV: VZZ) (\"Val-d'Or Mining\" or the \"Company) is pleased to announce the start of its 2020 exploration fieldwork season. The first of several programs is scheduled to commence next week on the Company's 100% owned Oregon Prospect. The primary metallogenic target at the Oregon Prospect is an intrusive-hosted, bulk tonnage gold deposit.With the 2020 exploration program, Val-d'Or Mining is following up on its initial 2018 exploration program, which included line cutting, magnetic and induced polarization ground geophysical surveys. This follow-up program will consist of prospecting, geological mapping and sampling. The primary objective is to resolve targets for surface stripping and drill testing for a second program later this year. The Oregon Prospect covers an elongated granodiorite intrusion that dips to the northeast and lies along a northwest southeast axis. The granodiorite part of the property hosts the historic Oregon Showing (Corps Minéralisé 32/C05-0011. MRNF SIGEOM), which was discovered in 1935 (GM 66328). This mineral occurrence is located within a fracture zone that hosts a series of parallel quartz stringers mineralized with pyrite. It has been traced out by previous exploration programs over a strike length of 120 metres.Encouraging results were reported from several historic exploration programs, including:- In 1980, a 60.4 metre vertical hole (DDH 80-7) was drilled into the showing. This drill hole encountered a 0.4 metre intersection of bleached rock that carried 0.10 opt of gold (GM 36410).- In 1985, a sample was taken from a 3 foot long channel sample within the Oregon Showing area, and assay results of 1.980 opt of gold were reported (GM 42404). - Approximately 1.6 kilometres to the northwest there are a series of historic trenches within the granodiorite intrusion. Grab samples of fly rock taken in 1985 returned gold values of 2.15 opt and 0.423 opt (GM 42404). A sample of blast rock from one of these trenches was collected later on by Golden Valley Mines in 2011. This grab sample of altered granodiorite with trace pyrite carried 2.64 g/t of gold (GM 66328).In 2010 and 2011, Golden Valley Mines conducted a prospecting and sa...

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