SLAM has discovered 2 major gold bearing vein systems on the Menneval project. Foremost the Maisie Vein where trenching uncovered numerous sites of visible gold were discovered along the 700 m strike length of the zone during the 2012 trenching program. Five diamond drill holes have intersected high grade gold to a depth of 30m containing up to 131 g/t gold over 0.31 m. The vein system and bonanza shoots are open at depth and to the northeast as seen on the photo to the right. This photo shows a strong vein continuation extending northeast from the high grade shoot known as the “Blow”. This photo was taken in 2016 at the end of a major trenching and bulk sampling program completed by SLAM.
The 2016 program focused on extraction of vein material from 2 high grade shoots known as the “Hook” and the “Blow”, as shown in 2 photographs below.
A related vein system, Zone 9 occurs 700 m southeast of the Maisie vein. These veins formed by a gold generating hydrothermal system associated with the Grand Pabos fault, a major Appalachian structure that passes north of the property.
Gold-bearing quartz veins occur in 57 of the 64 holes over core intervals ranging from 0.1m up to 9.7 m. Visible gold was noted in 8 holes MG1201, MG1211, MG1221, MG1224, MG1225, MG1226, MG1352 and MG1363. Grades range up to 121.00 g/t gold over 0.31 m and 22.97 g/t gold over 1.9m.
Other targets include Zone 9 where a series of trenches have unearthed a swarm of crosscutting quartz veins located 700 m south of the Maisie Zone shown on the map to the right. These veins are mineralized with minor limonite, goethite, hematite and pyrite similar to accessory minerals in the Maisie vein and range up to 1.2 m in thickness.
The Maisie discovery started in spring 2012 with a prospecting expedition by SLAM’s advance scouting team. The initial discovery comprised large boulders grading up to 118 g/t gold. Trenching resulted in the discovery of the Maisie vein and the Zone 9 vein system 700m to the south.