CHIMO MINE (Drilling in progress with 2 drills)
Two drills are currently exploring the geometric extensions of Zones 5B4-5M4-5NE gold discovery, that follow excellent results reported last June (5.6 g/t Au over 8.5 m including 9.9 g/t Au over 3.0 m and 8.3 g/t Au over 2.5 m, all included in a mineralized envelope of 27.8 m grading 2.5 g/t Au). This program consists of 7,000 m of directional drilling and targets a dozen intersections in the gold zones, via 2 pilot holes.
A resource estimate is in progress for the Northern Gold Corridor which consists of Zones 1A, 1B, 2B, 2, 2W, 3, 3E, 3W, 4B and 4B2 as well as for the Southern Gold Corridor which consists of Zones 6, 6B, 6P and 6P2 (FIGURE 2).
In addition, approximately 4,000 m of drilling is being planned to explore the peripheral extensions of Zone 6N1, which is only 125 m away from the underground infrastructure (FIGURE 3).