Core Viewpoint - Opus One Gold Corp has reported promising results from its winter drilling program at the Noyell project, indicating significant gold mineralization in the Zone 1 structure, which may lead to the development of a gold resource close to the surface [1][6]. Drilling Results - Drill hole NO-25-03 returned 3.79 g/t Au over 6.7 m, with a true width of approximately 5.26 m, marking a significant find in the upper portion of the mineralized structure [1][2]. - Drill hole NO-25-02, located approximately 70 m east of NO-25-03, returned a weaker result of 1.06 g/t Au over 0.5 m (true width of 0.47 m) [3]. - Drill hole NO-25-04 reached a target depth of approximately 270 m and returned 2.47 g/t Au over 1.0 m (true width of 0.72 m), indicating areas of weak gold mineralization [4]. Geological Context - The mineralized interval in drill hole NO-25-03 was intersected at a vertical depth of 50 m below the surface, suggesting that gold mineralization may extend to the base of the overburden, which is about 20 m thick in this area [2]. Strategic Location - The Noyell project is located only 25 km south of Matagami, a mining-friendly community, and 14 km from regional road 109, which may contribute to lower exploration and development costs due to proximity to infrastructure [6]. Future Prospects - More assay results are expected soon, which could provide further insights into the potential of the Noyell project [6].
Opus One Gold Obtains 3.79 g/t Gold Over 6.7 m at 57 m From Hole NO-25-03 on its Zone 1 Gold Discovery, Noyell Project
Globenewswire·2025-05-21 13:00