Photo shows 8×10 cm section of quartz vein material with coarse visible gold associated with iron oxide blebs. This was sawn from a boulder discovered beside the Maisie vein on SLAM’s 100% owned Menneval gold project.
After discovery in 2012, SLAM traced the Maisie gold bearing vein system by trenching and drilling along a 700 m strike length. Diamond drilling of 64 holes extended the gold-bearing structure to a vertical depth of 30 metres. Gold was detected in 56 of the 64 holes drilled. Selected drilling results are summarized in the table below:
Hole_ID | From_m | Interval_m | Gold_g/t |
MG1363 | 30.55 | 0.85 | 44.53 |
MG1357 | 16.50 | 1.20 | 1.67 |
MG1355 | 10.00 | 0.80 | 2.11 |
MG1354 | 8.60 | 1.30 | 3.36 |
MG1352 | 16.00 | 1.90 | 22.97 |
MG1226 | 21.00 | 4.00 | 8.51 |
MG1225 | 17.90 | 0.40 | 16.90 |
MG1224 | 13.00 | 0.35 | 46.10 |
The longitudinal view shows an 80 m long portion of the Maisie gold vein to a depth of 40 m. this section of the vein is known as the “Hook”. The red areas represent drill core intercepts above 10 g/t gold. Green areas range from 3 to 10 g/t gold. Blue areas are 1 to 3 g/t gold. Dots with hole numbers show projection of each drill core intercept to this longitudinal plane.
The metre thick vein shown to the right is considered a high priority target for SLAM’s proposed drilling program. The program is designed to drill at least 5 holes to test this vein system to a potential depth of 100 m. The Maisie is a fairly complex vein system of laminated and banded crack-seal type quartz to massive bull quartz.
Gold occurs as discrete blebs associated with iron oxides and/ or sulphides in laminated to ribbon-style quartz vein material. Gold occasionally occurs fractured bull-quartz and in sheared sediments that host the veins.
Trenching and drilling results trace the Maisie gold vein system over a strike length of 700 m on the map to the left. Selected gold-bearing sites uncovered by trenching are shown as green diamonds. 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.
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Other targets include Zone 9 where a series of trenches have unearthed a swarm of crosscutting quartz veins located 700 m southeast of the Maisie Zone shown on the map to the right.
Both vein systems are mineralized with minor limonite, goethite, hematite and pyrite in laminated to massive crack-seal type veins that range up to 1.2 m in thickness.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.