Adventure Gold Reports on a 3,800-Metre Drill Program on Lapaskaadmin
Adventure Gold Inc., a mining exploration company with strategic properties in the Val-d’Or region of Quebec, is pleased to announce that a ten-hole 3,800-metre drill program is currently ongoing on the Lapaska property.
The Lapaska property, 100%-owned by the Company, is favourably located between the past producing gold deposit Sigma II to the east (150,000 oz at 2.5 g/t Au: Placer Dome, 1997) and the Simkar gold deposit to the west (43-101 inferred resource of 105,000 oz at 5.3 g/t Au: Megastar – MDV: TSX-V, September 2008), along the prolific Cadillac Larder Lake Gold Break, a regionally extensive structure that is spatially related to numerous gold mines.
The 3,800-metre drill program is designed to test the down plunge and lateral extensions of the West Zone, which contains historic drill intersections grading 8.2 g/t Au over 6.7 m, 9.3 g/t Au over 3.1 m and 7.5 g/t Au over 5.5 m (core length) to a depth of 200 metres. The drill program will also test the down plunge extension of the Lapaska Central Zone (“LC Zone”) and lateral extensions of the gold system. The April 2008 drill program intersected interesting values grading: 13.2 g/t Au over 1.5 m (LP-08-02) and 9.7 g/t Au over 2.2 m (LP-08-01). Follow-up drilling has been proposed. Gold mineralization is associated with a network of dm-scale quartz-carbonate-tourmaline-pyrite veining, largely hosted in a silicified felsic volcanic unit along the contact with a mafic intrusion. This geological environment is very similar to the Simkar gold system. The 40-m-thick gold-bearing system in the LC Zone has been traced along strike over more than 600 metres and to a depth of 300 metres. Within this low-grade gold envelope, the depth and strike extensions of higher-grade mineralized zones represent very high-quality exploration targets for follow-up work.
“We are very excited to start our second drill program on the Lapaska property. Last spring’s drill program identified very interesting gold intersections and the potential to intercept significant gold mineralization between the surface and a depth of 300 metres in the down plunge of the LC Zone higher grade oreshoot, is excellent,” stated Marco Gagnon, President and CEO of Adventure Gold Inc.