Thoughts from Stephen McGibbon...


by Stephen McGibbon

stephen-mcgibbon

Today we have released a series of recent drilling results focussed on the Buffalo Mine target area located at the southwest corner of our Hasaga property. The initial results at Buffalo have given us confidence to extent the drilling program. A limited number of well-placed holes will help validate the historic drilling results and further assess exploration potential at this target area. It’s our view that the work completed at the Buffalo target by Wilanour Resources in the early 1980’s was incomplete and needed to be updated and expanded given the current gold price resurgence in Canada since 2015.

Our exploration program has benefitted from weather conditions that have been ideal for the work we had planned this summer. This work has included a significant amount of outcrop stripping, mapping and channel sampling. To date, some 45,000 metres of diamond drilling has been completed at Hasaga, testing our three primary target areas (Central Zone, Hasaga Porphyry and Buffalo) as well as closer-spaced drilling to better understand potential continuity of higher grade intercepts.

We anticipate releasing the remaining results from our Central Zone program sometime in October or early November. Once done, the team will begin to focus their attention on preparation of the planned property wide mineral resource estimate and on finalizing the proposed work plan for 2017.