Projects
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McMillan Gold Mine Property
Available for Option or Joint Venture
Garson Gold owns 100% of the McMillan Gold Mine claims which comprise 34 unpatented mining claim units in Mongowin and McKinnon townships, located approximately 14 kilometres south of the town of Espanola, Ontario on the north shore of House Lake.
Between 2004 and 2008, approximately $950,000 was spent on the McMillan property, including approximately 6,500 metres of drilling by Metallum Resources Inc. (formerly Young-Shannon Gold Mines, Limited). Metallum did not exercise their final option and in October 2008 full ownership of the project reverted back to Garson, who will seek out new potential joint venture or option partners to continue exploration work on the project.
Most recent assay results from work done by Metallum included five diamond drill holes (MM-08-01 through to MM-08-05 inclusive), totalling 1,682 metres (m) (5,517 feet (ft.) with the objective of continuing to define further extensions of the high grade gold values intersected in drilling campaigns on the property in 2004 through to 2007 (see Young- Shannon's Press Releases of May 31, 2006 and March 01, 2007).
Drill hole MM-08-05 tested an eastward strike extension of approximately 42 m (137 ft.), and an up dip extension of approximately 55 m (180 ft.) from the high grade gold mineralization intersected in drill hole MM-05-13.
Highlights of drill hole MM-08-05 are summarized in the table below:
Hole No. |
Interval
(metres) |
Core length
Intersection
(metres) |
Au (g/tonne) |
MM-08-05
including
including
also |
341.30 - 352.60
341.30 - 346.75
352.25 - 352.60
359.85 - 361.90 |
11.30
5.45
0.35
2.05 |
4.18
6.90
24.69
5.00 |
Fire assays using 30 gm pulp by Swastika Laboratories Ltd., Swastika, Ontario.
Blanks and standard samples are inserted for quality control and assurance.
Previously reported assay results by Young-Shannon from drill core in hole MM-05-13 intersected a zone which averaged down hole grades and widths of 7.21 g/t gold over 21.3 metres (m), including sections of 8.12 g/t gold over 4.60 m, and 14.96 g/t gold over 8.60 m, including 22.65 g/t gold over 4.70 m, 27.72 g/t gold over 3.10 m, and 35.70 g/t gold over 2.10 m.
Highlights of 2006 drilling are summarized in the table below:
| Hole No. |
Interval
(metres) |
Intersection
(metres) |
Au (g/tonne) |
| MM-05-13 | 403.00-424.30 | 21.3 | 7.21 |
| including | 409.30-413.90 | 4.6 | 8.12 |
| and | 419.60-428.20 | 8.6 | 14.96 |
| including | 419.60-424.30 | 4.7 | 22.65 |
| including | 419.60-422.70 | 3.1 | 27.72 |
| including | 420.60-422.70 | 2.1 | 35.7 |
| also | 426.70-427.70 | 1 | 19.41 |
Fire assays by Swastika Laboratories Ltd., Swastika, Ontario. At least 10% of all samples are reassayed.
Blanks and standard samples are inserted for quality control and assurance.
In the spring of 2004, MBMI/Garson completed a diamond drilling program consisting of 1,077 m in seven holes. Highlights are listed in the following table:
Summary of 2004 MBMI Resources Inc. Drilling
| Hole Number |
Interval
(Meters) |
Intersection
(Meters) |
AU
(g/tonne) |
AU
(oz/Ton) |
| MM-1-04 | 3.13 - 3.33 | 0.2 | 15.46 | 0.45 |
| 9.15 - 9.69 | 0.52 | 13.92 | 0.4 |
| MM-1B-04 | 9.90 - 14.55 | 4.65 | 11.21 | 0.33 |
| MM-2-04 | 113.30 - 118.30 | 5 | 9.89 | 0.28 |
| 137.20 - 139.30 | 2.1 | 5.79 | 0.17 |
| MM-3-04 | 182.75 - 193.60 | 10.85 | 7.91 | 0.23 |
The 2004 drilling extended the known gold mineralization at the McMillan gold mine 120 m to the east and 20 m to the west of the previously mined area to define a 400 m strike length. The gold mineralization remains open along strike in both directions and at depth below the old workings. Swastika Laboratories Ltd. of Swastika, Ontario assayed the 2004 core samples using the fire assay method.
Gold was first discovered on the McMillan property in the early 1920's. Shaft sinking and underground exploration were carried out in the late 1920's, with the shaft reaching 900 feet in depth. A 125 ton per day mill was subsequently built and operated until 1937. The mine produced 60,000 tons of ore at a recovered grade of 0.18 ounces per ton. Historical records indicate that mineralization continued below the 900 foot level, but a grade of 0.20 ounces per ton was considered uneconomic at that time. In 1985/86 the mine was dewatered and sampled underground. Sampling from different underground stopes ranged from 0.07 ounces per ton to 0.48 ounces per ton.
The information posted above was accurate at the time of posting, but may be superseded by subsequent disclosures. |
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