In general, although there are sections of the mineralized zone that have several per cent pyrite and arsenopyrite over several metres, the overall sulphide concentration of the mineralized zone is probably less than 2%. The abundance of silica and paucity of carbonate indicate that the mineralized zone is on a high silica fluid cooling path. The paucity of quartz veins and abundance of large volumes of silicic rock, including chalcedony matrix in some of the breccias, without a dominant structural fabric, suggests that the Vickers Zone is an epizonal concentration of silica and gold.At this stage, 14 drill holes (3,600 metres) have been completed at the Vickers Target. In holes PB-12-09 to PB-12-22, all samples containing, or suspected of containing, coarse gold were assayed by ALS method AU- SCR21, which is a comprehensive assay method for rocks with coarse gold. The rest of the samples were assayed by fire assay with a gravimetric or AA finish. Starting with hole PB-12-13 and every drill hole thereafter, all samples were assayed with AU- SCR21. Hence, in the opinion of management, the gold concentrations reported are accurate. In addition, at this early stage of evaluation, it is the opinion of Company management that the database of assays is insufficient to obtain a robust and valid statistical interpretation of grade distribution in the rocks. Accordingly, no top cut has been applied to the highest assays.
Northquest Ltd. Announces Additional Drilling Results From The Pistol Bay Gold Project, Nunavut, Canada
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