Labyrinth Resources Limited (ASX:LRL) has received some outstanding initial results from the maiden diamond drilling programme at the high-grade Denain Gold Project in Canada.
Intersections indicate a potentially much wider zone of pervasive mineralisation than current historical interpretations of the individual North and South veins.
Further, these intersections also include a visible gold intercept at a depth of only 23.04m in the 360m hole 21_02, occurring within a wider silicified division.
Following the successful completion of the initial ~1,200m diamond drill programme expected in late November 2021, the company will immediately initiate a second phase of exploration at Denain of ~3,400m expected to commence in the first week of December 2021.
This second phase comprises a further 15 holes that intend to test the vertical and strike extensions of the North and South veins, as well as follow up intersections of previously undefined new mineralisation identified in the current exploration programme.
The company has also completed a structured channel sample program in which eight additional samples were taken from the surface outcrops of the North and South veins to follow up the 33.2g/t result received from a 4.5kg rock chip sample of the North vein.
These samples, along with an initial batch of diamond drill core samples, have been received at the ALS laboratory in nearby Val d’Or and Labyrinth.
At the flagship Labyrinthe Gold Project, the company has engaged multiple contractors and consultants to ready the existing underground mine and associated surface infrastructure to a stage of operational readiness for commencement of the maiden underground diamond drilling programme, already permitted and expected to commence in January 2022.
This exploration programme will target the previously under-explored but highly prospective Boucher lodes that are located into the footwall of the existing historical underground mine and exist within the Labyrinthe fault system, as well as further define and expand on the known resource of the McDowell, Talus, Shaft and Front-West lodes.
A full survey scan of the existing underground workings has been completed in November utilising drone technology to provide a clear understanding of voids and remnant stoping opportunities.
Critical ventilation, electrical and compressed natural gas underground heating assessments have been conducted by external expert consultants, with preliminary reports indicating all infrastructure remains in sound working order and will ensure exploration activities can be conducted throughout the winter season.
Road maintenance and snow-ploughing equipment has been procured to support the safe and efficient operational activities at Labyrinthe GP and the Company looks forward to working with renowned in-country geological services provider GoldMinds Geoservices to engage an underground diamond drilling contractor in December for the 2022 exploration programme.
For further information please visit: https://labyrinthresourcegroup.org/resources/
