Doré Copper Mining Corp. (TSXV: DCMC | OTCQX: DRCMF | FRA: DCM) has announced high-grade assay results from its Gwillim property, which is under a 50/50 joint venture with Argonaut Gold Inc. (TSX: AR). Doré Copper is the operator of the joint venture, which is located 8km northwest of Chibougamau, Québec in Canada.
In 2022, Doré completed two holes, totaling 1,320m, to follow up drilling from the previous year at the KOD zone, located 300m south of the Gwillim Main zone.
The first set of results are from hole KOD-22-04, which intersected two main mineralized zones: 9.67g/t gold over 5.3m, including 19.46g/t gold over 2.1m, and 11.10g/t gold over 3.0m.
These two zones are interpreted as zones B and C of the KOD mineralized structure, located approximately 190m and 215m, respectively, below hole KOD-22-03 from before. In addition, a wide zone of low-grade mineralization, 0.86g/t gold over 42.3m, was intersected from 460 to 502.3m.
The company has also completed an airborne electromagnetic survey over the property, which identified several conductive anomalies.
Overall, the Gwillim property covers a total area of 486ha. The western part, totaling 385ha, is under the 50/50 joint venture with Argonaut Gold and the eastern part of the project is wholly-owned by Doré Copper.
“The limited drilling to date on the KOD zone is demonstrating good continuity of the high-grade gold mineralization from surface to a vertical depth of approximately 600m and the system remains open at depth,” commented Ernest Mast, president and CEO of Doré Copper.
“Further work is warranted to test the strike and depth extension of the KOD zone, along with a number of conductive anomalies.”
For further information, please visit: www.dorecopper.com/en/
